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Articles by Luke Hoey, FAAC®

Providing Clarity on Direct Loan Inadvertent Overpayments

Providing Clarity on Direct Loan Inadvertent Overpayments

By Luke Hoey, FAAC® March 6, 2021

Along with wide-ranging overhauls and easy-to-implement changes to regulations surrounding Title IV programs, the Department of Education (ED) annually makes more subtle changes or additions that can pass under the radar. Big or small, any alteration to the Federal Student Aid Handbook matters. To that end, recently while we were…

Unusual Enrollment History: 2015-16 Update

By Luke Hoey, FAAC® December 20, 2016

By Luke Hoey & Greg Rinderle The Department of Education (ED) recently announced that the selection criteria that are used in determining whether a student has an Unusual Enrollment History (UEH) have been modified. Beginning with the 2015-16 FAFSA processing year, NSLDS will flag an application based on a student’s…

Reimbursement & Heightened Cash Monitoring Payment Methods

By Luke Hoey, FAAC® December 8, 2016

By Luke Hoey Schools that have been placed on the reimbursement payment method or one of the heightened cash monitoring (HCM) payment methods should be mindful of a few recently amended regulations pertaining to cash management – which are set to take effect on July 1, 2016. The first and…