The result of a Title IV compliance review could include fines, submitting technically perfect requests to the department for reimbursement and even losing eligibility for financial aid.
"FAFSA Simplification is going to make this the most complicated year we have seen perhaps ever," says Maureen Anderson, a former director of financial aid at Santa Fe College (Fla.). In addition, there are Title IX changes coming in October.
FAS found that only about 25% of institutions are satisfied with existing financial aid services. Recent national developments will only exacerbate the problem.
When it comes to making a payment, fast and seamless transactions are expected by consumers no matter how or where they are paying. Students are no different. Long gone are the days of paying with a check or credit card in person at the cashier’s window or mailing a payment to the business office. Today’s […]
Last year brought in the largest freshman class Bethune-Cooman had seen in more than 10 years and a 34% net tuition increase. With federal aid drying up in June, however, they intend to capitalize on an unexpected spark.
Advocates for community colleges defend them as the underdogs of America’s higher education system, left to serve the students who need the most support but without the money required to provide it.
"Schools that engage in fraud or misconduct are on notice that we may be listening, and they should clean up accordingly," said Kristen Donoghue, FSA's chief enforcement officer in the Department's announcement.
With a $10.8 billion proposed increase to the Department of Education and $2.7 billion allotted for FSA alone, the top Republican on the Budget Committee called the proposal "unserious" and a "road map for fiscal ruin."
