Carla Arsaga - Global Financial Aid Services

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The Year of ________

Postsecondary institutions explore challenges and solutions for 2025.

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A Walkthrough for Studentaid.gov

Future updates will involve the TEACH Grant certification form, the Total Permanent Disability application, single sign-on with servicing websites, improving My Aid and multifactor authentication.

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COD Updates & Program Reminders

Final awards for FSEOG and Federal Work Study should be released in early spring, and the 2024-2025 closeout for Pell is at the end of September.

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FTI & Student Data

A Digest of Federal Tax Information

If more than one rule applies to FTI, always use the most stringent rule, whether it’s HEA, FERPA or the Internal Revenue Code. Protecting this information is extremely important.

Institutional Eligibility

Maintaining Institutional Eligibility

Financial aid administrators updating their E-App will need to update all items, no matter the reason for the update.

Policies & Procedures

Policies & Procedures for New Financial Aid Administrators

Your written Policies & Procedures manual gives your team a day-to-day guide for compliance, operations and processes.

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2025-2026 Verification

Verification & Conflicting Information

Verification groups, data items and selection methodology stay the same for 2025-2026. In addition, tax data transferred through FADDX is considered verified.

Consulting Services

Excel Training Specific to Financial Aid Functions

Excel saves time for tasks in the financial aid office and enhances your team’s proficiency. We can show you how.

Translating the New ISIR

An applicant or parent can update Family Size on the FAFSA if information changes after a tax return is filed.

FAFSA Update

The FAFSA: No Major Changes & a High Tax Data Match

Most changes to the form for 2025-2026 improve instruction and guidance for applicants. Here's a recap of important FAFSA points for the new award year.

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A New Year

A Year in Review & a Year Ahead

We survived the massive overhaul that was 2024-2025, and we're ready to process for our clients for the next award year. We believe the road ahead for 2025-2026 will be much better.

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Due Diligence

Due Diligence for Higher Education Institutions

Global examines policies and procedures for institutional and student eligibility compliance using PPAs, ECARs, file samples and other documents from requested award years.

Consulting Services

Technical Knowledge & Solutions

Costs and availability of qualified staff have institutions working with a skeleton crew. Global’s Consulting solutions include regulatory guidance, unlimited calls and questions about your process and a team with deep technical knowledge at your disposal.

2025-2026 FAFSA

Preparing for 2025-2026 FAFSA Processing

Positive signs about the 2025-2026 FAFSA process show a better year ahead.

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Staffing Shortages

Solutions for Staffing Shortages

Half of the respondents in a NASFAA member survey in spring 2022 said they were operating at 75% staffing capacity for award years 2019-2020 and 2020-2021. Global can recommend an actionable plan for your financial aid office to help with staffing shortages.

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Compliance Findings

Compliance Findings & Solutions, Part 3 of 3

Global can help your postsecondary institution resolve compliance findings. Our mission is to provide colleges with timely, accurate and client-focused solutions.

Compliance Findings

Compliance Findings & Resolutions, Part 2 of 3

Global’s Consulting support can help your postsecondary institution resolve compliance findings. Our mission is to provide colleges with timely, accurate and client-focused solutions.

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Compliance Findings

Compliance Findings & Resolutions, Part 1 of 3

Consulting support can help your institution resolve compliance findings. Our mission is to provide postsecondary institutions with timely, accurate and client-focused solutions.

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Verification

Verification in 2025-2026

The following outlines items to be verified in V1, V4 and V5 for the 2025-2026 award year.

Professional Judgments & FAFSA Simplification

The Latest Guidance on Professional Judgments

There are two types of Professional Judgments starting in 2024-2025. A student may have both types for the same award year.

Pell & Direct Loan Closeouts

In 2024, the closeout deadline for 2023-2024 Pell is September 30. The closeout deadline for Direct Loans for 2022-2023 is July 31.

Institutional Eligibility

Reminders on New Regulations Effective July 1

The reporting deadline for Gainful Employment and Financial Value Transparency has been pushed back as new regulations take effect.

2023-2024 Deadlines for Processing

All new electronic applications must be received and accepted by CPS by June 30, 2024, without exception. Corrections must be received no later than September 14, 2024.

Federal Tax Information for FAFSA filers in 2024-2025 will be governed by IRS revenue code. Photo by Unsplash.

Federal Tax Information & FAFSA Data

Tax year, filing status, AGI and other information from the IRS for FAFSA filers now falls under Federal Tax Information and more stringent requirements under the IRS code.

NSLDS Issue Resulting in Post-Screening ISIRs

About 8,200 ISIRs processed before April 7 for the 2024-2025 award year will be impacted by the issue with NSLDS that affected aggregate loan totals and limits. These ISIRs will be reprocessed later this year. ISIRs that have already been reprocessed are for the 2023-2024 award year.