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National Credit Union Administration (NCUA) post monthly events calendar.  Click here to review what's "Happening" in December

Federal Student Aid has announced the availability of the Application and Vertification Guide of the 2022-2023 Federal Student Aid Handbook.  Click here to read the electronic announcement

In the announcement, Financial Student Aid reminds schools of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs. Read the announcement 

National Association of College and University Business Officers (NACUBO) is an advocate for higher education and shares important legislative and agency activity from Washington, DC from November 16 - November 22, 2021.  Click here to read this news

Federal Student Aid has publish an electronic announcement informing all schools that participate in the Federal Perkins Loan (Perkins Loan) Program, including schools that are in the liquidation process, must report their Perkins Cash on Hand as of 10/31/2021 on the FISAP by Wednesday, Dec. 15, 2021.  Click here to read the electronic announcement

The U.S. Department of Education announces the availability of Volume 2 - Student Eligibility and Operations of the 2021-2022 Federal Student Aid Handbook.  Read the announcement

To access the 2021-2022 Federal Student Aid Handbook click here

National Credit Union Administration (NCUA) released it's 2022 monthly meeting schedule.  These open Board meetings are scheduled to begin at 10 a.m. Eastern time.  Click here to view this announcement

The Consumer Financial Protection Bureau (CFPB) offers a portal where entities can submit questions regarding CFPB rules (including Regulation F) directly to the Bureau's Office of Regulations.

The resources include:

  • Executive summaries
  • FAQs
  • Fact Sheets
  • Compliance Guides
  • Webinars
  • Coverage Chart

  Click here to be directed to the CFPB portal

Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding the assignment of Perkins Loans.  Click here to visit the COHEAO "Spark Notes"

The Department of Education (the Department) provided the FY 2018 official cohort default rate (CDR) notification packages to all eligible domestic and foreign schools only.  Click here to read the Electronic Announcement

Federal Student Aid has released Volume 6 - The Campus-Based Program (2021-2022) Federal Student Aid Handbook.  Click here to read the Electronic Announcement

The Internal Revenue Service has awarded new contracts to three private-sector collection agencies for collection of overdue tax debts.  Click here to read the IRS News Release

Federal Student Aid announced the implementation of additional COD System Implementation for 2021-22 Award Year (September 2021).  Click here to read the Electronic Announcement

National Credit Union Administration (NCUA) releases latest Quarterly State Credit Union Data Report.  Click here for Q2 2021 report

National Credit Union Administration (NCUA) has awarded $1.5 million in Community Development Revolving Loan Fund grants to low-income credit unions.  To view this article

The  U.S. Department of Education submits Dear Colleague Letter:  DCL ID:  GEN-21-06 and provides information that supplements the 2022-2023 award year verification information provided in the Federal Register notice published on September 1, 2021.  Click here to read the Dear Colleague Letter

Federal Student Aid has provided the 2022-23 Free Application for Federal Student AID FAFSA® Form to assist the community.  Click here to read the electronic announcement

The Department of Education (the Department) has provided updated guidance on mandatory assignment of Federal Perkins Loans in default for more than two years.  Click here to read the electronic announcement

Federal Student Aid has released Volume 4 – Processing Aid and Managing FSA Funds of the 2021-2022 Federal Student Aid Handbook.  Click here to access Volume 4 - 2020-2021 Federal Student Aid Handbook

National Credit Union Administration (NCUA) publishes letter regarding important updates regarding recent technology modernization efforts and outlines the implementation of key software tools.
To view letter No.:  21-CU-08

Training magazine, an advocate for training and workforce development for businesses, shares valuable information and resources, including development programs.  Check out an article they shared regarding How to Apply Continuous Improvement to Build Relationships at Work.

ConServe earned a spot on Training magazine's annual Top 100 (fka:  Top 125) seven (7) consecutive years: a listing of organizations with the most successful learning and development programs in the world.  Click here to see the 2021 Rankings

National Credit Union Administration (NCUA) publishes letter regarding ithe NCUA Board’s decision to continue the current 18 percent interest rate ceiling for loans made by federal credit unions, based on the authorities established by the Federal Credit Union Act.  To view letter No.:  21-FCU-04

The  U.S. Department of Education submits Dear Colleague Letter:  DCL iID:  ANN-21-09, regarding completing the 2022-23 FISAP Online Training Course.  Click here to read the Dear Colleague Letter

ACA International announced the 2021 Award Winners at their annual convention.  Congratulations to the 18 members who have made significant contributions to the accounts receivable management (ARM ) industry. 

Pam Murphy, ConServe, Vice President of Compliance & Privacy Officer was recognized and received the Fred Kirschner Instruction Achievement Award for completing 75 seminars.  The Fred Kirschner Instructor Achievement Award is presented to ACA Certified Instructors who have reached milestones in their volunteer teaching careers with ACA.  Named for former ACA Certified Instructor and Past President Fred Kirschner, these awards are given to instructors who have taught 25, 50, 75, 100, 125, 150 or more ACA seminars.  Click her to read the announcement 

The Consumer Financial Protection Bureau (CFPB) announced in a press release; Reg F will go into effect on November 30, 2021.  Click here to read the CFPB press release

ConServe is proud member of Coalition of Higher Education Assistance Organizations (COHEAO) and demonstrate support for this organization's 2021 Scholarship program.  In 2021 COHEAO awarded six $1,000 scholarships to students of member instituions.  Click here to review the press-release

About COHEAO

For more than 40 years, COHEAO has served as the industry’s premier partnership of colleges, universities and organizations dedicated to promoting the Federal campus-based loan programs and addressing the most pressing issues in student financial services today. Driven by the demand for information and collaboration on the Perkins Loan Program, Student Financial Wellness and Student Financial Services, COHEAO provides opportunities for networking and professional development through its conferences, webinars and task forces, focusing on compliance, legislative and regulatory issues.

By advocating for the preservation and improvement of the campus-based programs, their membership is dedicated to providing greater access to students with need in achieving their goal of a higher education!

Training magazine, an advocate for training and workforce development for businesses, shares valuable information and resources, including development programs.  Check out an article they shared regarding Putting Organizations Back Together Again.

ConServe earned a spot on Training magazine's annual Top 100 (fka:  Top 125) seven (7) consecutive years: a listing of organizations with the most successful learning and development programs in the world.
Click here to see the 2021 Rankings

Federal Student Aid shared that there will be a phased approach to implementation of the FAFSA Simplification Act.  The FAFSA Simplification Act represents a significant overhaul of federal student aid, including the Free Application for Federal Student Aid (FAFSA®) form, need analysis, and many policies and procedures for schools that participate in the Title IV programs.  Read the announcement

National Credit Union Administration (NCUA) releases data on the financial performance of federally insured credit unions for quarter ending March 31, 2021.  To access the Q1 2021 Credit Union System Performance Data, click here

Federal Student Aid shares Fiscal Operations Report for 2020–21 and Application to Participate for 2022–23 (FISAP) has been approved by the Office of Management and Budget (OMB).  Read the announcement

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