Today's News for
Tuesday, May 05, 2015
FATV: Educating students
and supporting staff for over 10 years! Over 4 million online
videos watched this past year via our award-winning GetAnswers service. Plug and play
technology that is easy to customize and simple for schools to
implement. Available 24/7. For a school demo or estimate, visit http://www.financialaidtv.com
or call 888-704-9090.
NEWS FROM NASFAA
NASFAA recently asked our members to weigh in on whether to rebrand Expected Family Contribution (EFC) and, if so, what the new name should be. Of the 340 completed surveys, "Federal Aid Index" and "Federal Aid Eligibility Index" each received 91 votes, followed by "Federal Aid Indicator" with 46 votes. But the majority of votes -- 112 -- went to "Other," with respondents suggesting things like Federal Student Aid Eligibility Index or FAFSA Score. Check out our results for the full list of suggestions from your colleagues!
As summer looms, high school students across the country have
much to look forward to, including graduation and college
enrollment. But for a large number of these students, the summer
months present unexpected obstacles to college, including
difficulties in accessing financial aid.
NASFAA seeks to hire an Assistant Director of Federal Relations with experience and skills in public policy and advocacy to become a member of the Policy & Federal Relations team. This is a DC-based position. The person selected will operate in a fast-paced environment and will manage multiple tasks simultaneously. Excellent communication and presentation skills and a strong understanding of federal legislative processes is required. Applications received by Friday, May 15 will be given priority. For full details visit NASFAA's Career Center.
Wondering if retirement income should be counted as untaxed
income? How about whether you can award a Direct Loan for the
entire academic year if a student regains SAP eligibility mid-year?
Take a look back at last month's most viewed AskRegs Q&As. If
you have a question that's not on the list, you can find a credible
and reliable answer on the AskRegs Knowledgebase site by browsing
or searching the answers provided by our Training and Regulatory
Assistance staff. You may also submit your own question using the
Request Support feature.
Class starts today - this is your final chance to register for our advanced level online course which focuses on methods for drawing down Title IV funds and the program-specific requirements for disbursing federal aid. You will also be introduced to cash management notification and authorization requirements. A credential is provided after successfully completing and passing the credential test, which is available at the conclusion of the course and included in your course fee.
Cohort Default Rates (CDR) are becoming more and more a concerning factor for schools. This webinar, held Wednesday, May 20 at 2:00pm ET, will help you to better understand your CDR and how it impacts your school and students. Panelists and presenters will provide an overview of CDR and discuss the challenges and appeals processes. At a cost of just $115 for members, $230 for non-members, and at no additional fee for webinar package purchasers, this is one you won't want to miss. Register today!
U.S. DEPARTMENT OF EDUCATION
In advance of the May 10, 2015 implementation of the FSA ID, the Department of Education is pleased to provide a one-page resource for students, parents, and borrowers.
"Corinthian Colleges' declaration of bankruptcy on Monday
finalizes the for-profit college's unprecedented collapse that has
morphed into a political firestorm for the Obama administration --
which U.S. Department of Education officials are racing to
extinguish," Inside Higher Ed reports.
"Public university students today pay $3,000 more than their
counterparts a decade ago. Why that is depends on whom you
ask," Inside Higher Ed reports.
"The horror stories are out there. People have racked up as much
as $100,000 or $200,000 in student loans while pursuing a degree.
But they're not the norm," Education
"First Starbucks, now Chrysler. On Monday, the United States
division of Fiat Chrysler Automobiles will announce that it will
offer free college tuition to the 118,000 employees at its
Chrysler, Jeep, Dodge, Ram, and Fiat
dealerships," Fortune reports.
"For years, the days on which high school athletes have
committed to various colleges have been covered by the press as a
big deal. Now government, school and college officials are trying
to do the same for nonathletes, with May 1 as College Signing
Day," Inside Higher Ed reports.
"A couple weeks before Howard University's 147th commencement,
its president e-mailed tens of thousands of alumni with an urgent
and unusual appeal on behalf of 180 seniors in the class of 2015:
Help the students pay off their debt so they can get their
diplomas," The Washington Post reports.
Blogs and Think Tanks
"The push to get high school student on the path to college is
working: New research shows that 86 percent of on-time high school
graduates attend college within eight years," according
to Education Week's College Bound blog.
"Here's a seemingly simple question: How have the
educational-attainment rates of various groups of Americans changed
over the years?" The Chronicle of Higher Education's Data
Points blog asks.
NASFAA CAREER CENTER