2014 PHEAA Industry Bulletin

Main Content

This publication keeps you aware of announcements, industry trends, and changes to policies and procedures in the financial aid industry. We provide this free of charge to our partners in the higher education and financial aid communities.

PHEAA conducts its student loan servicing activities nationally as American Education Services (AES) and FedLoan Servicing.

2014 PHEAA Industry Bulletin

December 2014 (PDF)

  • Updates to 2014-2015 SAR Deadline Dates
  • Spotlight on Training
  • Federal Perkins Loan Portfolio Liquidation and Assignment Procedures
  • Now Available!
  • Gainful Employment Regulations (Part II)
  • 150% Direct Subsidized Loan Limit
  • Update on Loan Servicing Process Changes

November 2014 - English (PDF) | November 2014 - Spanish (PDF)

  • Final Regulations Strengthening and Improving the William D. Ford Federal Direct PLUS Loan Program
  • Spotlight on Training
  • Gainful Employment Regulations
  • Now Available!
  • 150% Direct Subsidized Loan Limit
  • Servicing Transition to Navient
  • Maximum HEAL Interest Rates Now Available for Quarter Ending December 31, 2014

October 2014 - English (PDF) | October 2014 - Spanish (PDF)

  • New Federal Student Aid (FSA) ID to Replace the Federal Student Aid PIN
  • Federal Perkins Loan Default Reduction Assistance Program
  • Now Available!
  • Reminder of Program-Level Enrollment Reporting Requirement
  • Adjustment of Calculation of Official Three-Year Cohort Default Rates
  • Special Allowance Rates for Federal Family Education Loan Program (FFELP) Stafford and PLUS Loans

September 2014 - English (PDF) | September 2014 - Spanish (PDF)

  • Misdirected Loan Payments to ACS Payment Mailbox
  • Spotlight on Training
  • Notice of Proposed Rulemaking on Direct PLUS Loans
  • Fall 2014 Campus Safety and Security Survey Information
  • 2014-2015 Supplemental Campus-Based Funds
  • Servicemember Civil Relief Act (SCRA) Updates from the Department of Education
  • Now Available!

August 2014 - English (PDF) | August 2014 - Spanish (PDF)

  • Substantive Revisions made to the 2014-15 Federal Student Aid Handbook Volume 3 - Calculating Awards & Packaging
  • Spotlight on Training
  • Announcement of "Designated Entities" Eligible to Receive FAFSA® Filing Status Information Under the FAFSA Completion Initiative
  • Guidance on Crime Reporting Pursuant to the Clery Act
  • Additional Guidance on the Supreme Court's Ruling on the Defense of Marriage Act (DOMA)
  • FAFSA Filers Under the Age of 13
  • Now Available!
  • Maximum HEAL Interest Rates Now Available for Quarter Ending September 30, 2014

July 2014 - English (PDF) | July 2014 - Spanish (PDF)

  • HEAL Program Transferred to U.S. Department of Education
  • Spotlight on Training
  • 2012-2013 Direct Loan Program Year Closeout Information
  • Violence Against Women Reauthorization Act of 2013 Prompts Proposal to Amend Federal Regulation
  • Reporting Verification Results Using FAA Access to CPS Online
  • Enhancements to MyStudentData Download on NSLDS
  • State Authorization Delay of Implementation
  • Now Available!
  • Compliance Corner
  • Special Allowance Rates for Federal Family Education Loan Program (FFELP) Stafford and PLUS Loans

June English (PDF) | June Spanish (PDF)

  • Federal Need Analysis Methodology for 2015-2016 Award Year
  • Spotlight on Training
  • Phase 2: New Direct Consolidation Loan Process
  • TEACH Grant Closeout Information
  • Now Available!
  • Compliance Corner

May 2014 - English (PDF) | May 2014 - Spanish (PDF)

  • Marital Status and Tax Filing Status Inconsistencies
  • Spotlight on Training
  • Record Submission Deadline for 2012-2013 Direct Loan Program Year Closeout
  • Gainful Employment Corner
  • Recognized Equivalent of a High School Diploma
  • 2013-14 Verification Reporting and Verification Status Code "W" Warning Message
  • Revised Income-Driven Repayment Plan Request Form
  • Changes to Title IV Student Aid Programs as a Result of Sequestration
  • Interest Rates for Direct Loans
  • Blanket Agreement Forbearance After Delinquency of 270 Days
  • Now Available!
  • Special Allowance Rebates for Federal Family Education Loan Program (FFELP) Stafford and PLUS Loans

March/April 2014 - English (PDF) | March/April 2014 - Spanish (PDF)

  • Changes to Direct Loan Refunds of Cash
  • Spotlight on Training
  • Fiscal Year 2011 3-Year Draft Cohort Default Rates
  • 2014-2015 Pell Grant Payment and Disbursement Schedules
  • IRS 'Get Transcript Online' Tool
  • Removal of Data for Closed Award Years from Production Environment
  • Metrics Available for Graduating Class of 2014
  • NSLDS Enrollment Reporting
  • Final 2014-2015 Funding for Campus-Based Programs
  • Revised: Request for Reimbursement Due to Partial Discharge of a Federal Consolidation Loan Form
  • Now Available!
  • 2014 Poverty Guidelines Released
  • Compliance Corner

February 2014 - English (PDF) | February 2014 - Spanish (PDF)

  • Implementation of Military Service and Post-Active Duty Student Deferment Request Form
  • Spotlight on Training
  • Required Reduction for TEACH Grants
  • Upcoming Deadline for Work Colleges Program
  • New Direct Consolidation Loan Process - Phase One Completed
  • 150% Direct Subsidized Loan Limit Final Regulations Published
  • 2014-2015 Federal Pell Grant Payment and Disbursement Schedules
  • Suspension and Deactivation of FSA User IDs
  • 2014-2015 FAFSA Renewal Reminders Sent
  • Outreach to Raise Awareness about Income-Driven Repayment Plans
  • Update on Electronic IBR/Pay As You Earn/ICR Repayment Plans
  • Federal Pell Grant Program Reconciliation
  • Defense of Marriage Act (DOMA) and its Impact on Title IV Programs
  • Now Available!
  • Reporting Direct Loan Disbursement Dates
  • Special Allowance Rates for Federal Family Education Loan Program (FFELP) Stafford and PLUS Loans

January 2014 - English (PDF) | January 2014 - Spanish (PDF)

  • Spotlight on Training
  • Deadline for Underuse Penalty Waiver is February 7, 2014
  • Repayment Information Now Available in Spanish!
  • Updated Version of FSA Coach for 2013-14 Award Year
  • Look What's New on the 150% Direct Subsidized Loan Limit Page
  • Updated SAIG Message Class File
  • Access to Student Aid Internet Gateway Removed
  • Now Available!
  • Teacher Cancellation Low-Income Directory Updates
  • Updated SAIG Message Class File
  • USDOE Requests Information to Assist in the Development of a PIRS
  • Compliance Corner

Supporting Content

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