ECM NEWSLETTER December 2024
December 5, 2024
Federal Student Aid Eligibility for Borrowers with Defaulted Loans: Fresh Start restores Title IV aid for pre-March 2020 loan defaulters, enabling aid access and repayment options for one year.
Staying informed and adaptable is key in the ever-changing landscape of higher education. Our webinars are packed with essential knowledge and strategies to help you thrive in 2025 and beyond.
2024 Virtual Federal Student Aid Training Conference – Registration Now Open: Registration is now open for the 2024 Virtual Federal Student Aid Training Conference, held Dec. 3- 6. Register free via FSA Partner Connect. The event features keynote speeches, sessions, and exhibits.
FY 2021 Official Cohort Default Rates Distributed Sept. 23, 2024: On October 4, 2024, it was confirmed that some schools received erroneous cover letters with blank rates in their FY 2021 CDR packages. Corrections are available via the SAIG mailbox. The appeal period begins on October 4, 2024.
As the new academic year approaches, students and educational institutions alike must navigate the complex waters of FAFSA verification. The U.S. Department of Education recently published crucial updates for the 2025-2026 award year that warrant close attention.
ECM NEWSLETTER August 2024
Top 6 Takeaways from Recent Financial Aid Regulation Announcements.
Schools can now report Financial Value Transparency and Gainful Employment (FVT/GE) data to the National Student Loan Data System (NSLDS).
The new requirements will change financial aid compliance operations and create additional paperwork, but ECM stands ready to recommend the best practices for institutions to help financial aid directors meet student needs and regulatory requirements.
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