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today’s news for Monday, April 22, 2024

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NEWS FROM NASFAA

Four months after the 2024-25 FAFSA officially launched, financial aid offices are still grappling with the avalanche of repercussions stemming from errors and delays — all the while new ones continue to surface. Catch up on reaction to  how the delays, glitches, and errors have continued to complicate the FAFSA rollout in the last several weeks.

NASFAA UPDATES AND ANNOUNCEMENTS

This AskRegs Knowledgebase Q&A was updated on April 8, 2024 to reflect additional guidance provided by the U.S. Department of Education (ED) regarding sharing of federal tax information (FTI) to third-party servicers. No. Based on guidance NASFAA has received from ED, a school cannot use FTI transferred to the FAFSA via the FUTURE Act Direct Data Exchange (FA-DDX) to update the CSS Profile. View the full answer to this question to learn more.

Blue Icon Advisors' upcoming Let's Talk session, on Thursday, May 16, will dive into building a compliance culture at your institution. Check the schedule for additional upcoming topics and be sure to register for this upcoming session.

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