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Department of Education: Preliminary Results Show Strong Leadership Needed to Address Serious Student Aid System Weaknesses. Testimony before the Subcommittee on Higher Education and Workforce Development, Committee on Education and the Workforce, House of Representatives. GAO-24-107783
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Marisol Cruz Cain; Kaelin Kuhn, Contributor; Nicole Jarvis, Contributor; David Matcham, Contributor; Jillian Clouse, Contributor; Rebecca Eyler, Contributor; Ashley Mattson, Contributor; Brandon Mitchell, Contributor; Walter Vance, Contributor – US Government Accountability Office, 2024
For decades, the Free Application for Federal Student Aid (FAFSA) forms were processed electronically by the legacy Central Processing System. In 2021 the Office of Federal Student Aid (FSA) initiated a system development effort and in December 2023 deployed a new system to process forms for the 2024-2025 school year. However, student aid…
Descriptors: Student Financial Aid, Federal Programs, Audits (Verification), Information Systems
FAFSA: Education Needs to Improve Communications and Support around the Free Application for Federal Student Aid. Testimony before the Subcommittee on Higher Education and Workforce Development, Committee on Education and the Workforce, House of Representatives. GAO-24-107407
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Melissa Emrey-Arras – US Government Accountability Office, 2024
The Free Application for Federal Student Aid (FAFSA) is the entry ramp to federal grants and loans that many students depend on to afford college. Congress passed the FAFSA Simplification Act in 2020 in part to make it easier to apply for federal aid. However, Education's rollout of the new FAFSA has suffered from numerous challenges and delays.…
Descriptors: Student Financial Aid, Federal Programs, Audits (Verification), Information Systems
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Colestock, Ed – College and University, 2020
Emerging regulations require higher education financial aid staff to handle many tasks. Complying with these regulations and participating in mandated compliance audits are complex processes that require numerous departments to work in concert. This article discusses what steps colleges and universities can take to improve their compliance audits.…
Descriptors: Student Financial Aid, Audits (Verification), Higher Education, Program Evaluation
NASFAA Working Group Report: Examining Software Providers' Compliance with NASFAA's Code of Conduct
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National Association of Student Financial Aid Administrators, 2020
The National Association of Student Financial Aid Administrators (NASFAA) convened the Examining Software Providers' Compliance With the NASFAA Code of Conduct Working Group in September 2019 to research and analyze the role that student financial aid management software plays in institutions' ability to provide accurate and clear aid offers. The…
Descriptors: Ethics, Computer Software, Vendors, Student Financial Aid
The Effects of Default Choice on Student Loan Borrowing: Experimental Evidence from a Public Research University. EdWorkingPaper No. 21-382
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Dennis A. Kramer II; Christina Lamb; Lindsay C. Page – Annenberg Institute for School Reform at Brown University, 2021
We explore the role of defaults and choice architecture on student loan decision-making, experimentally testing the impact pre-populating either decline or accept decisions compared to an active choice, no pre-population, decision. We demonstrate that the default choice presented does influence student loan borrowing decisions. Specifically,…
Descriptors: Loan Default, Student Loan Programs, Research Universities, Decision Making
Remington College's Use of Higher Education Emergency Relief Fund Student Aid and Institutional Grants. ED OIG Oversight of Coronavirus Response Funds. ED-OIG/A20CA0017
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Office of Inspector General, US Department of Education, 2021
The objective of the audit was to determine if Remington College used the Student Aid (Assistance Listing Number (ALN) 84.425E) and Institutional (ALN 84.425F) portions of its Higher Education Emergency Relief Fund (HEERF) grant funds for allowable and intended purposes. The audit covered Remington College's use of HEERF funds from the grant award…
Descriptors: Federal Legislation, Federal Aid, Higher Education, Grants
Design Science Research: Developing and Evaluating a Financial Aid Analytics Software Application
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Perry, Chantel A. – Online Submission, 2018
This study aims to develop a list of technological enhancements to a financial aid analytics application (F3A) designed to assist higher education leaders in gaining actionable insights for decision-making with grants optimization. This research utilizes the Design Science Research framework which highlights the design and evaluation of an IT…
Descriptors: Computer Software, Student Financial Aid, Data Analysis, Higher Education