Congressional Digest

Congressional Digest September 2026 No. 7 Vol. 105
Student Financial Aid

Student Financial Aid

PROS & CONS of Student Aid Identity Verification Requirements

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Excerpt

The Office of Federal Student Aid (FSA) within the U.S. Department of Education (ED) is responsible for administration and oversight of the federal student aid programs authorized under Title IV of the Higher Education Act (HEA) of 1965. In FY2025, FSA oversaw the provision of $131.1 billion in Title IV aid to 10.5 million students. In addition, in FY2025, FSA managed a student loan portfolio encompassing 45 million borrowers with outstanding student loans totaling about $1.7 trillion.

FSA manages the Free Application for Federal Student Aid (FAFSA) form, which determines a student’s eligibility for governm…

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