Dear Colleague:
We are pleased to announce the availability of Volumes 4 and 5 of the 2026–2027 Federal Student Aid Handbook. These volumes discuss the following:
Volume 4: Processing Aid and Managing FSA Funds provides guidance on how to request, disburse, manage, and report on the use of federal student aid funds.
Volume 5: Withdrawals and the Return of Title IV Funds discusses how a school should manage Title IV funds when a student completely withdraws from a payment period or period of enrollment.
The Federal Student Aid Handbook consists of the Application and Verification Guide, nine numbered volumes, and appendices. We publish the Federal Student Aid Handbook digitally on the Knowledge Center. Each time we publish a volume, appendix, or errata, we will inform the community through a Training Announcement (Dear Colleague Letter type “ANN”) on the Knowledge Center.
You can send questions and suggestions about the Federal Student Aid Handbook using the Customer Support form in the FSA Partner Connect Help Center. To submit a question, please complete the form and select “FSA Handbook” as the topic.
Sincerely,
Federal Student Aid