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Federal Student Aid shared general information regarding student loan interest payments in 2019 to help the financial aid community better prepare for tax season.  Read the announcement

The Consumer Financial Protection Bureau (CFPB) released a policy statement on January 24, 2020 regarding the framework that it will use in enforcement activities related to the catch-all category of “abusiveness.”  Click here to view the policy statement

Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding important sign-on letter that is open to both associations and institutions of higher education.  COHEAO is encouraging support to sign-on to this letter and complete this form.  Click here to vist the COHEAO "Spark Notes"

Federal Student Aid has shared a series of updates to the quarterly application, disbursement, and portfolio reports available on the FSA Data Center through September 20, 2019.  Including:  Key findings for Loan Portfolio Overview, Application Volume, Income-Driven Repayment Enrollment, New Defaults and Delinquencies,  Borrower Defense to Repayment Report, and Public Service Loan Forgiveness.  FSA also shared notes to accurately interpret the data.  Read the announcement

In this announcement, Financial Student Aid shared information to assist schools with reconciling the William D. Ford Federal Direct Loan (Direct Loan) Program.  The information within the notice should be shared by both the financial aid offices and business offices.  Read the announcement 

National Association of College and University Business Officers (NACUBO) shared emerging new from Washington, D.C. - December 3-16, 2019.  To read this news

Federal Student Aid has announced its commitment to the Next Gen FSA initiative and promise to improve the way all their customers, including students, parents, borrowers, schools, and partners, interact with and manage the  programs administered by Federal Student Aid.  Read the announcement

CFPB shares tools and resources to help students, young adults, and their families manage their money, building credit and paying for college and student loans.  Click here to visit the CFPB webpage

Federal Student Aid has announced the availability of the updated NSLDS Enrollement Reporting Guide (November, 2019).  To access the NSLDS Enrollment Reporting Guide

Federal Student Aid has informed schools of a change to the approved Master Promisory Note (MPN) confirmation processes.  Read the announcement

Federal Student Aid has released Volume 4 – Processing Aid and Managing FSA Funds of the 2019-2020 Federal Student Aid Handbook.  Click here to access Volume 4 - 2019-2020 Federal Student Aid Handbook

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 

Federal Student Aid has released Volume 6 – Campus Based Programs of the 2019-2020 Federal Student Aid Handbook.  Click here to access the 2019-2020 Federal Student Aid Handbook

ConServe is a proud member of the National Association of College and University Business Officers (NACUBO) and our team will be attending NACUBO's Student Financial Services Conference, March 22-24. Make sure you stop by our exhibitor booth, we welcome the opportunity meet with you and share information about ConServe. 

This educational conference covers the many policy, technical and management issues impacting student financial services operations on college and university campuses.  Click here to learn more about NACUBO and the SFS Conference

National Credit Union Administration (NCUA) recognizes the importance of cybersecurity and has shared Web and Cybersecurity Resources for informational purposes.  Click here to access the NCUA's Cybersecurity Resources

Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding important advocacy material to help maintain Campus Based Servicing.  Click here to vist the COHEAO "Spark Notes"

The Department of Education (the Department) has provided information about the Federal Perkins Loan Revolving Fund Distribution of Assets and Timelines for 2019-2020.  Click here to read the electronic announcement

Federal Student Aid has shared that the 2020-2021 FAFSA® Form and myStudentAid Mobile app are avaiable.  The 2020-21 FAFSA cyle began on October 1 2019.  Click here to read the electronic announcement

The Department of Education (the Department) has provided access to the documents that represent the National Default Rate Briefing for 2016's offical CDR.  Click here to read the electronic announcement

The Department of Education (the Department) provided the 2016 official cohort default rate (CDR) notification packages to all eligible domestic and foreign schools.  Click here to read the electronic announcement

National Credit Union Administration (NCUA) shares approved rules from its eighth open meeting of 2019, including:

Final Payday Alternative Loans Rule Provides Greater Flexibility
Final Rules Simplifies, Clarifies Supervisory Committee Audits
Final Bylaws Rule Adopted
Strong Operating Trends Mark Share Insurance Fund Q2 Performance

Click here to read the Board Action Bulletin

The Department of Education (the Department) determined that it has the authority to reimburse institutions the institutional share of Perkins Loan Service Cancellations from the Perkins Fund.  Click here to read the electronic announcement

The Department of Education (the Department) has made the new FAA Tool Kit, available on the Federal Student Aid E-Training website.  This tool kit offers quick access to Federal Student Aid resources, reference guides, and training material.  Click here to read the Dear Colleague Letter

Volume 5 - Withdrawals and the Return of Title IV Funds of the 2019-2020 Federal Student Aid Handbook are now available.

To access the 2019-2020 Federal Student Aid Handbook, click here

National Credit Union Administration (NCUA) releases data on the financial performance of federally insured credit unions in the quarter ending June 30, 2019. To access the Q2 2019 Credit Union System Performance Data, click here

To access Volume 3 - Calculating Awards and Packaging of the 2019-2020 Federal Student Aid Handbook, click here

To access the 2019-2020 Federal Student Aid Handbook, click here

The charts show the variable interest rates applicable to the Federal Stafford, Federal SLS, Federal PLUS, and Federal Consolidation loan programs for the period July 1, 2019 –June 30, 2020. Click here for details 

The Department of Education has decided not to require a distribution of assets from the institution’s Perkins Fund for the 2018–19 Award Year. Click here to read more

In a notice dated May 23, 2019, FSA published information on “Interest Rates for Direct Loans First Disbursed Between July 1, 2019 and June 30, 2020.” Click here for more

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