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Recent Financial Aid Articles

Verification Made Clear: Answers to Your Most Common Questions

Verification Made Clear: Answers to Your Most Common Questions

By Meredith Cellitti, FAAC® September 15, 2025

(Originally Posted August 20, 2025 and Updated September 15, 2025) Over the past few months, the Department of Education has significantly increased its fraud prevention measures in the federal student aid process. As a result, schools are seeing a noticeably higher number of ISIRs flagged for verification—particularly V4 and V5—sometimes even...

Key Takeaways from the 2025 Federal Update Session at NASFAA

Key Takeaways from the 2025 Federal Update Session at NASFAA

By Shannon Muraco, FAAC® August 18, 2025

While much of the higher education sector’s attention is understandably focused on the sweeping changes of the “One Big Beautiful Bill Act,” it’s important not to lose sight of other regulatory updates and approaching deadlines that also demand attention. The Department of Education’s (ED) Federal Update session on June 26,...

Navigating New V4 Verification Changes: What Your Institution Needs to Know

Navigating New V4 Verification Changes: What Your Institution Needs to Know

By Parker Charlton, FAAC® June 10, 2025

Federal Student Aid (FSA) has announced significant changes to identity verification requirements that are already affecting institutions nationwide. Because fraud prevention is one of the current administration’s top priorities, schools will see a sharp increase in V4 verifications—particularly for first-time Title IV applicants this summer. Alongside this increase, FSA has...

NSLDS Post-Screening Resumes: Key Considerations for Institutions

NSLDS Post-Screening Resumes: Key Considerations for Institutions

By Shannon Muraco, FAAC® May 19, 2025

As of May 5, 2025, the Department of Education resumed automated NSLDS post-screening updates via ISIR transactions, as outlined in Electronic Announcement APP-25-14. This development has significant implications for institutions participating in Title IV programs. What to Expect • ISIR Updates via FPS: Institutions will receive updated 2024-2025 and 2025-2026 ISIRs containing...