Today's News for
Tuesday, June 18, 2013
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NEWS FROM NASFAA
The Journal of
Student Financial Aid is pleased to announce the
inaugural cohort of the Rising Professionals Editorial Board. This
new board brings together a diverse group of talented early-career
financial aid administrators, policy analysts, and doctoral
students who will aid in the development and advancement of the
Journal and NASFAA's
mission to bridge financial aid research and practice. NASFAA's new journal management
system, launched last week, will help to streamline the process
as board members go about their duties.
In a recent Federal Register notice and Dear
Colleague Letter, the Department of Education (ED) announced
that "other untaxed income" will be added to the list of
verification items for the 2014-15 application year. In
addition, guidance was provided on acceptable documentation,
verification tracking groups, and paper tax returns. ED will
be offering an interest
session on verification at the NASFAA national
conference, which will include updated information for 2014-15
verification. The session is offered on Sunday, July 14 at 2:30 pm
and on Monday, July 15 at 1:30 pm.
NASFAA’s Reauthorization Task Force (RTF) is assessing the need for legislative timelines concerning program review reports. Delays in issuing a final report to the school are sometimes due to the reviewer trying to achieve resolution on a policy question that would be to a school’s benefit. However, long delays create a burden when the school does not know what is required to resolve problems or continue funding in Title IV programs. The RTF would like to know the extent of this problem before recommending legislative action. Give your input by completing this survey no later than Thursday, June 20, 5:00 pm ET.
CORE is a comprehensive set of instructional materials developed for teaching financial aid fundamentals to individuals with less than two years experience. CORE’s flexible design, which includes 14 separate modules, allows you to teach small or large groups. CORE is available in the online store as downloadable modules or you can order a full set of CORE materials on CD-Rom. Value and Value Plus members, the price of CORE in your online shopping cart (downloadable files only) will be reduced to zero automatically!
U.S. DEPARTMENT OF EDUCATION
This letter announces the launch of Federal Student Aid’s new training Web site, Federal Student Aid E-Training.
HEADLINES
National News
"In post-Great Recession America, which is the bigger barrier to
opportunity - race or class?" an Associated
Press article asks.
"Six months after inauguration ... one of the biggest questions
facing the Education Department is whether it has the personpower
to carry out its ambitious, if still hazy, agenda," Inside
Higher Ed reports.
Opinions
"Economists mislead families by framing college attendance as an
issue of capital investment rather than one of affordability,"
Robert E. Martin writes in The Chronicle of
Education.
"Anyone who has ever applied for college financial aid knows how
confusing it can be. Many times, students-and parents-will
incur debt that will haunt them years after college is in the
rearview mirror," Suzi Parker writes
for TakePart.
Blogs and Think Tanks
"The Republicans and Democrats are at in again, debating the
future of college loan interest rates," Frank Palmasani, creator of
Financial Fit, writes in the Huffington Post.
"Colleges, universities and community colleges are centers of
innovation, cultural hubs and engines of economic growth. In short,
they are a tremendous public good," Randi Weingarten, president of
the American Federation of Teachers, writes in
the Huffington Post.
"In a letter to the Consumer Financial Protection Bureau on
Monday, consumer advocacy groups, higher education associations and
others asked the bureau to require that colleges give prior
approval before students borrow private loans, saying that the
bureau has the power to require full certification by
institutions," Inside Higher Ed's Quick
Takes reports.
INDUSTRY NEWS
NASFAA CAREER CENTER
- Financial Aid Officer, Cogswell College, LLC, Sunnyvale, California
- Financial Aid Advisor, Cogswell College, LLC, Sunnyvale, California
- Business Support Analyst, Rensselaer Polytechnic Institute, Troy, New York
- Director, Federal Program Operations, University of Maryland University College, Largo, Maryland