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Financial Aid Training

Training Solutions for Colleges & Associations

We are pleased to offer training for financial aid professionals through their institutions or through their state financial aid associations.

Training is available in three formats:

  • Live, in-person training
  • Live, webinar-based training
  • On-demand email help desk support for all participants

Training is currently available for academic years 2025-26 and 2026-27.

If you’d like to arrange training for your staff or for members of your state association, please contact Robert Weinerman.

Available Training Tracks

FM Verification and Conflicting Information

This track covers the tax-related information that the Department of Education expects financial aid professionals to understand in the post-FUTURE Act, post-FAFSA Simplification era.

It covers all the changes to need analysis, verification, and conflicting information resolution introduced with the Financial Aid Direct Data Exchange (FADDX) tool as well as tax concepts that will continue to play the role they have in the past.

Topics covered can include the following, which is subject to change based on the Department of Education’s rollout of guidance and policy:

  • Changes to the tax code and verification going into the new aid year
  • What is Verification and what is conflicting information?
  • V1 Verification
    • Data to be verified
    • Documentation requirements
    • Uncommon and unusual situations
  • FAFSA data (verification and non-verification items) on the tax forms
  • Tax related reject and comment codes
  • Maximum and minimum Pell Grant eligibility
  • Maximum Pell Grant and the foreign earned income exclusion
  • Who is required to file a tax return?
  • Splitting a single contributor’s income out of a joint tax return
  • Special circumstances professional judgment since FAFSA Simplification
  • Transacting income adjustment professional judgments
  • SAI considerations in professional judgments
  • SAI overview
  • SAI hand calculations

Business, Real Estate, and Trust Tax Returns

After completing this track, aid officers will be able to review most business, real estate, and trust tax returns to determine the amount of income these entities might be able to provide their owners and beneficiaries during the academic year.

This program is geared at aid officers working in schools that go beyond the federal methodology as they determine eligibility for their institutional funds, and officers interested in becoming strong candidates for jobs at these institutions.

Topics covered include:

  • What can we learn from Business Tax Returns?
  • Basic business expenses
  • Depreciation, amortization, and depletion
  • Schedule C
  • Schedule E and Form 8825
  • Introduction to pass-through entities
  • Partnerships – Form 1065 and Schedule K-1 (Form 1065)
  • S Corporations – Form 1120-S and Schedule K-1 (Form 1120-S)
  • C Corporations – Form 1120
  • Valuing businesses and real estate
  • Trusts
  • Changes to the tax code in 2023 and 2024

Short Programs or Conference Sessions

The content in our FM Verification and Conflicting Information track can be broken into smaller pieces for clients who need targeted training and for delivery at in-person and virtual conferences.  Please contact Robert Weinerman for up-to-date program information and pricing.

We are always interested in meeting the needs of the higher education community.  If there is a specific training topic related to taxes or need analysis that you would like Iron Bridge Resources to offer, please let us know.

For More Information, Please Contact:

Howard McGinn

Chief Executive Officer
Email Howard
508-459-9880

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