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Top Five October 2024 Announcements for Higher Education Institutions

Here is a summary of the top five October 2024 announcements that apply to higher education institutions, plus webinar information.

Upcoming Title IV Requirements
  1. Federal Student Aid (FSA) Electronic Announcement GE-24-09, Revised Draft NSLDS FVT GE Completers List Available by Oct. 28, 2024 – The U.S. Department of Education sent the revised draft Financial Value Transparency and Gainful Employment (FVT/GE) Completers List to higher education institutions over the weekend of October 26 – 27, 2024. The list was transmitted to each institution’s Student Aid Internet Gateway (SAIG) TG mailbox that is enrolled for National Student Loan Data System (NSLDS) FVT/GE reporting.

    As previously noted in announcement GE-24-08, institutions must provide all required FVT/GE reporting and review and correct student information on the revised draft FVT/GE Completers List by January 15, 2025.

  2. FSA Electronic Announcement GENERAL-24-124, Active Confirmation of TG/FT Numbers (SAIG Mailboxes) and Electronic Services User Accounts Required by Dec. 10, 2024 to Maintain Access to Federal Student Aid Systems – Every institution enrolled for a SAIG account is required to review and validate its assigned TG/FT numbers and Electronic Services user accounts by December 10, 2024. Failure to accurately complete this process by the due date will result in loss of access to FSA data systems, including services such as Institutional Student Information Record (ISIR) deliveries and requests, Free Application for Federal Student Aid (FAFSA) corrections, and NSLDS enrollment reporting and updates.

    Institutions that use EDConnect or TDClient must also complete the annual certificate update to maintain uninterrupted access to ISIRs.

  3. FSA Electronic Announcement CB-24-20, Perkins Loan Program – Federal Perkins Loan Revolving Fund Distribution of Assets Timeline for 2024–25 and Reimbursement for Perkins Loan Service Cancellations – This announcement provides instructions about the distribution of assets and the calculations involved in the wind-down of the Federal Perkins Loan Program.
FAFSA Simplification Announcements
  1. FSA Electronic Announcement APP-24-10, 2025–26 Initial Test ISIR Data File Available (Updated Oct. 23, 2024) – This announcement outlines the availability of a 2025-26 ISIR test data file that institutions, state agencies, software providers, and other agencies and entities can use in system testing. Testing is optional. FSA noted that the test file can help institutions ensure that their processing systems are prepared for the ISIR data produced by the FAFSA Processing System.
  2. FSA Electronic Announcement APP-24-12, 2025–26 FAFSA Form Preview Presentation – This announcement provides a Microsoft PowerPoint presentation and PDF file with information about and screenshots of the 2025–26 online FAFSA form.
Webinar Information
  1. FSA Electronic Announcement GENERAL-24-120, 2024 Virtual Federal Student Aid Training Conference – Registration is now open for the 2024 Virtual Federal Student Aid Training Conference on December 3 – 6, 2024.
  2. FSA Electronic Announcement ANN-24-16, Recorded Training – Title IV Recertification – A recorded FSA webinar about the recertification process to maintain eligibility to participate in Title IV programs is now available.

Please contact us if you have questions or would like to discuss how these announcements apply to your institution.

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