Federal Student Aid (FSA)
October 8, 2021
Today, the U.S. Department of Education announced the establishment of an Office of Enforcement within Federal Student Aid, reporting directly to the chief operating officer. The Office of Enforcement will strengthen oversight of and enforcement actions against postsecondary schools that participate in the federal student loan, grant, and work-study programs.
August 20, 2021
Today, the U.S. Department of Education announced that the office of Federal Student Aid (FSA) has retroactively waived interest on loans held by more than 47,000 current and former active-duty service members. This action was made possible by a data-matching agreement with the U.S.
August 9, 2021
Today, the U.S. Department of Education (Department) released a new legal interpretation that revises and clarifies its position on the legality of state laws and regulations that govern various aspects of the servicing of federal student loans. This action will help states enforce borrower bills of rights or other similar laws to address issues with servicing of federal student loans.
June 14, 2021
Today, Federal Student Aid (FSA) released two new sets of quarterly portfolio reports on its Data Center website with key data and other information about federal student aid programs as of December 31, 2020 and March 31, 2021.
March 5, 2021
U.S. Secretary of Education Miguel Cardona issued the following statement regarding Federal Student Aid leadership: