Reimagining Aid Design and Delivery (RADD)

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As lawmakers consider reauthorization of the Higher Education Act, there is sustained interest in creative solutions to address cost concerns and improve efficiency in the student aid programs. To that end, the Bill & Melinda Gates Foundation has provided grant assistance to organizations like NASFAA to work, first alone and then collaboratively, to present policy proposals through their "Reimagining Aid Design and Delivery" (RADD) project. NASFAA’s work in the first three phases of the RADD project is detailed below:

Phase 3

RADD Phase #3 CoverNASFAA on December 17, 2014 released a paper, written in partnership with two other policy organizations, on the issue of employer withholding in an Income-Based Repayment (IBR) system for federal student loans. The paper argues that automatically enrolling indebted students in IBR, and automating repayment through employer payroll withholding, could help to simplify the student loan system for students and radically reduce the number entering default. The organizations in this Phase 3 consortium included: NASFAA, New America, and Young Invincibles, with technical assistance from the Urban Institute and the U.S. Chamber of Commerce. Read the full report >> 

Phase 2 

radd2coverThrough a second Gates Foundation RADD project grant, NASFAA on March 20, 2014 released a paper, written in conjunction with four other policy organizations, calling on Congress to reform the overly complex repayment process for federal student loans by automatically enrolling Income RADDall new borrowers in a single income-based repayment (IBR) plan. The recommendations were presented at an event held the same day and hosted by the Committee for Economic Development. The organizations in the Phase 2 consortium included: NASFAA, HCM Strategists, Institute for Higher Education Policy, New America, and Young Invincibles. Read the full IBR RADD report and NASFAA's supplemental paper on income-contingent loan systems in other countries.

Phase 1 

As lawmakers consider reauthorization of the Higher Education Act, the student aid programs continue to face severe funding and efficiency problems. With grant assistance from the Bill & Melinda Gates Foundation through Phase 1 of their "Reimagining Aid Design and Delivery" (RADD) project, NASFAA in February 2013 released a policy brief examining the current systems of student aid with an eye towards reimagining how they could be improved in the future. The report included input, suggestions and feedback from NASFAA members across the nation and other members of the higher education community. 

Download NASFAA's RADD policy considerations >>  

 


Craig Munier, director of the Office of Scholarships and Financial Aid at the University of Nebraska – Lincoln and 2013-14 NASFAA national chair, discusses the work of the RADD Task Force at the 2013 NASFAA National Conference.


 
The Case for Payroll Reporting
@NEWAMERICAED REPORT DECEMBER 2014 #PAYROLLWITHHOLDING EDCENTR.AL/PAYROLLWITHHOLDING NEW AMERICA The Case for Payroll Withholding Preventing Student Loan Defaults With Automatic Income-Based Repayment Acknowledgments We would like to thank the Bill and Melinda Gates Foundation for their generous support of this imp
Income-Contingent Student Loan Repayment Systems Outside the U.S.
This paper accompanies Automatic for the Borrower: How Repayment Based on Income Can Reduce Loan Defaults and Manage Risk, a paper by a consortium of five student-aid advocacy and research organizations – HCM Strategists, the Institute for Higher Education Policy (IHEP), the National Association of Student Financial Ai...
Automatic for the Borrower: How Repayment Based on Income Can Reduce Loan Defaults and Manage Risk
This paper is the culmination of work by a consortium of five student-aid advocacy and research organizations – HCM Strategists, the Institute for Higher Education Policy (IHEP), the National Association of Student Financial Aid Administrators (NASFAA), New America (NA), and Young Invincibles (YI) – with assistance fro...
Reimagining Aid Design and Delivery Project Reports
The Bill Melinda Gates Foundation last year awarded 16 grants to organizations focused on reforming the federal financial aid system. Leading groups from public policy, business, higher education, and civil rights were charged with recommending scalable ways to improve
RADD Executive Summary
2013 NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS 1 REIMAGINING FINANCIAL AID TO IMPROVE STUDENT ACCESS AND OUTCOMES The National Association of Student Financial Aid Administrators EXECUTIVE SUMMARY As the student aid programs rapidly approach reauthorization in 2014, they continue to face severe fund
RADD Full Report
With grant assistance from the Bill Melinda Gates Foundation through their “Reimagining Aid Design and Delivery” (RADD) project, NASFAA examined current systems of student aid with an eye towards reimagining how they could be improved in the future. This policy brief puts forward broad ideas intended to generate disc...
RADD Phase 1: Report and Forum Event
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Final RADD Summary Matrix
This matrix is not intended to be a comprehensive analytical compilation of the Reimagining Aid Design and Delivery (RADD) reports. Rather, the matrix serves as a general guide that captures and reflects on common financial aid areas and themes. This matrix cannot summarize the granularity of each report, as each cont...
Policy Themes in RADD Reports: A Summary Matrix
This matrix is not intended to be a comprehensive analysis of the Reimagining Aid Design and Delivery (RADD) reports released to-date from 14 organizations. Rather, the matrix serves as a general guide that captures and reflects on common financial aid areas and themes. This matrix cannot summarize the granularity of ...