ED implements functionality in NSLDS for 150% limit

July 27, 2015 · TG Policy and Regulatory Affairs · No Comments

Under the 150% Direct subsidized loan limit requirements, a borrower who has no eligibility for additional Direct subsidized loans may lose interest subsidy on existing Direct subsidized loans if the borrower continues enrollment in an undergraduate program. The loss of interest subsidy on existing loans is triggered by the borrower's enrollment; therefore, information reported by schools to the National Student Loan Data System (NSLDS) is used to determine whether the borrower is subject to a loss of interest subsidy. Schools have been reporting program-level enrollment information to NSLDS since October 1, 2014, as required under the 150% limit rules. However, the functionality in NSLDS was not available to identify borrowers who have lost eligibility for the interest subsidy on their existing Direct subsidized loans. On July 20, 2015, ED published an electronic announcement regarding the implementation of this functionality in NSLDS.

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FSA ID important reminders

July 20, 2015 · TG Policy and Regulatory Affairs · No Comments

On July 17, 2015, ED published an electronic announcement (E-ANN) about the office of Federal Student Aid's (FSA) replacement of the Federal Student Aid PIN with the FSA ID on May 10, 2015.

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ED posts reminders about Gainful Employment data reporting

July 16, 2015 · TG Policy and Regulatory Affairs · No Comments

On July 13, 2015, ED published Gainful Employment (GE) electronic announcement #57 that provides several reminders to schools about the correct reporting of GE data to the National Student Loan Data System (NSLDS).

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Register today for the TG webinar: Preventing Unplanned Pregnancy and Completing College

July 14, 2015 · TG Student and Institutional Success · No Comments

There are many roadblocks that can keep a college student from crossing the graduation finish line — one such barrier is an unplanned pregnancy. A national nonprofit, nonpartisan organization has developed a program that schools can use to educate students on its effect. Attend an upcoming TG webinar to experience a demonstration of the program, entitled "Preventing Unplanned Pregnancy and Completing College."

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No CommentsTags: Student Success · Training and Events



Closed school corner, July 2015

July 14, 2015 · TG Policy and Regulatory Affairs · No Comments

Review the list of newly reported school closures and corrections from the July 2015 Closed School Monthly Report supplied by ED.

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New financial literacy report released

July 10, 2015 · TG Policy and Regulatory Affairs · No Comments

ED recently announced the release of Opportunities to Improve the Financial Capability and Financial Well-being of Postsecondary Students, a report by the Financial Literacy and Education Commission (FLEC).

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Proposed regulations published

July 10, 2015 · TG Policy and Regulatory Affairs · No Comments

On July 9, 2015, ED published the notice of proposed rulemaking (NPRM) resulting from negotiations that concluded earlier this year.

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Gainful Employment rules effective July 1, 2015

July 07, 2015 · TG Policy and Regulatory Affairs · No Comments

On June 30, 2015, ED published Dear Colleague Letter GEN-15-12. The DCL provides a summary of the significant regulatory provisions, effective July 1, 2015, that apply to educational programs that are required to prepare students for gainful employment (GE) in a recognized occupation.

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Updated NSLDS Gainful Employment User Guide

July 07, 2015 · TG Policy and Regulatory Affairs · No Comments

ED recently published an electronic announcement (E-ANN) announcing the availability of an updated version of the National Student Loan Data System (NSLDS) Gainful Employment (GE) User Guide.

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Visit HigherEDGE at NASFAA for a default management check-up

July 06, 2015 · TG Marketing Communications · No Comments

HigherEDGE® Default Management Solutions

If you're planning to attend the 2015 NASFAA Conference in New Orleans, LA, visit HigherEDGE® at booth #507. We'd love to talk with you about the importance of performing a periodic check-up on your default management vendor.

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