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today’s news for Wednesday, September 23, 2026

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NEWS FROM NASFAA

Over the past two weeks, NASFAA members have reported receiving unusually large batches of reprocessed Institutional Student Information Records (ISIRs) carrying Unusual Enrollment History (UEH) flags, spanning both the 2025-26 and 2026-27 award years. According to member reports, these numbers are well beyond what they typically see in reprocessed transaction batches, with flagged transactions totaling anywhere from several dozen to over 1,000 across the two aid years.

NASFAA UPDATES AND ANNOUNCEMENTS

More financial aid professionals recently joined hundreds of financial aid professionals across the country who now hold the FAAC® designation. Check the Registry to see if any of your colleagues have been certified and congratulate them for this achievement! Certified by the Certified Financial Aid Administrator® Commission, these individuals now qualify to receive a multitude of benefits. Would you like to become certified, too? The next testing window opens on the 1st – or take advantage of any of the upcoming testing windows. Start by exploring your eligibility today using our free interactive eligibility tool.

This five-week interactive online course, starting October 20, provides an overview of the return of Title IV funds (R2T4) regulations. Course participants will learn what happens to Title IV funds when a student withdraws before completing the period of enrollment, withdrawal from programs offered in modules, and how to apply the R2T4 formula in order to calculate the amount the school must return to the Title IV programs, or the amounts the student could receive as post-withdrawal disbursement. Reserve your seat today!

U.S. DEPARTMENT OF EDUCATION

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NASFAA TRAINING

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