NASFAA Response to CFPB 'Shopping Sheet'

While NASFAA believes that improvements to award notifications are necessary and desirable, regulation of award letters could interfere with an institution’s ability to meet the specific needs of its unique student body, and could restrict innovation. However, a model for financial aid award notifications can be both instructive and very useful so long as it does not become a required and inflexible standard.

  • Publisher : NASFAA
  • Resource Type : Letter
  • Publication Date : 01-17-2012
Download PDF