Today's News for
Thursday, March 06, 2014
The College Board: Since helping to shape
the field in 1954, the College Board and its member partners have
collaborated to provide leadership, expertise, and a suite of
reliable, consistent, and user-designed financial aid solutions
including PowerFAIDS®, the Institutional Methodology, CSS/Financial
Aid PROFILE®, and others. Visit us at collegeboard.org.
NEWS FROM NASFAA
Regional association members voted on the biggest challenges for
financial aid administrators and the students they serve. Read on
to find out the top answers and to see if you agree.
We want to hear from you! Tell us about what you view as some of
the most unnecessarily burdensome requirements of administering
financial aid. Feedback will be used in NASFAA's ongoing efforts to
eliminate duplicative and burdensome regulations with the U.S.
Congress, Administration, and other higher education partners. Take
a moment to leave a comment in the comments section, and scroll
through to see what other NASFAA members have to say.
The University of Maryland’s Sarah Bauder joined NASFAA’s policy team yesterday in visiting with Congressman Bishop, and other legislative staff members on Capitol Hill to advocate for federal aid policies designed to benefit our nation’s neediest college students. With the upcoming reauthorization of the Higher Education Act, a number of NASFAA's Reauthorization Task Forces' suggestions where discussed. The group particularly highlighted the importance of the campus-based programs, in addition to discussing improving award letters and consumer information, and a move to using prior-prior year (PPY) data on the FAFSA. You can check out a picture from yesterday and from past advocacy pipeline events on our Facebook page!
NASFAA will hold pre-conference caucus meetings for community colleges, proprietary institutions, four-year publics, and independent colleges at Nashville's Music City Center on Sunday, June 29, from 10:30 am to 11:45 am. In addition, on Monday, June 30, the Graduate & Professional Initiatives Committee (GPIC) will hold its sector networking breakfast 8:00-8:45 am. To attend any of these events, you must be registered for the conference, as full registrant or as a daily registrant for Sunday or Monday. To RSVP, complete this quick online form by 5:00 pm ET, Monday, May 5. NASFAA policy staff, along with representatives from other associations, will be present to facilitate the discussions and collect feedback.
NASFAA University's online Cost of Attendance (COA) course is a perfect collaborative learning tool for financial aid professionals with less than five years of experience in the industry. This course focuses on COA, including the process of COA construction, selecting appropriate methods of research to use for determining student budget expenses, identifying and describing the COA components, and identifying when a student’s COA must be recalculated. 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. The class begins May 5. Register today to reserve your spot!
U.S. DEPARTMENT OF EDUCATION
The U.S. Department of Education, Federal Student Aid is recruiting to fill positions of Regional Training Officer.
This announcement provides some key reminders for the community to help improve the processing of TPD discharge applications under the new regulations.
This Electronic Announcement provides institutions with important information about the system, Web, and software modifications being made to reflect the 2014-2015 Federal Pell Grant (Pell Grant) payment and disbursement schedules, including changes to the Central Processing System (CPS), the ISIR Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software.
"A new survey of the nation's college freshmen has found that
the percentage attending their first-choice school has reached its
lowest level in almost four decades, as cost and the availability
of financial aid have come to play an influential role in decisions
of where to enroll," The Associated
"The country's higher-education data systems are outdated and
unable to help students, colleges, and policy makers answer some of
their most pressing questions. That's the premise of a new paper
from the Institute for Higher Education Policy that suggests
improvements," The Chronicle of Higher
"Distance learning may already be the next big thing, but the
Department of Education (ED) was trying to gauge the risk of
student aid fraud when it sent a team from its Office of Inspector
General (OIG) to audit the disbursement of student aid for distance
learning on campuses. The audit covered 2009 to
2011," MainStreet reports.
"[S]tate lawmakers across the country are now looking for ways
to address the problem of crushing student
loans," MainStreet.com reports.
"Just a couple years ago, [Roxbury Community College] was
nothing short of a mess. ... Financial aid - which most of its
2,500 students rely on - was an administrative
nightmare," The Boston Globe reports.
"Ohio's college students are finding it increasingly difficult
to pay for their education, and with that comes skyrocketing
student loan debt. It's a vicious cycle that some education groups
are trying to break," NBC4 reports.
"Lawyers representing a former West Virginia running back have
filed a proposed class-action suit against the NCAA and its five
most powerful conferences, alleging they violated antitrust laws by
agreeing to cap the value of athletic scholarships below the actual
cost of attending school and 'far below' what the free market would
produce," The Birmingham News reports.
"The New York DREAM Act is moving fast in Albany now that
Governor Cuomo indicated he would sign the bill if it reached his
desk. The bill to provide state aid for college to Dreamers, or
undocumented youth, in New York has garnered the support from
across the board," Cesar Vargas writes to the Staten
Blogs and Think Tanks
"[S]tudent loans are toast. They have outlasted their use. They
originally helped students pay for college. But with 37 million
students holding over a trillion dollars of loans in amounts of
$30,000 each, loans have become an insufferable burden," Bob
Hildreth, founder and executive director of FUEL Education, writes
in The Huffington Post's The Blog.
NASFAA CAREER CENTER
- Senior Director of Financial Aid, Adler School of Professional Psychology, Chicago, Illinois
- Assistant Director of Financial Aid, Duke University, The Fuqua School of Business, Durham, North Carolina
- Coordinator of Scholarships and Grants, University of Nevada, Las Vegas - UNLV, Las Vegas, Nevada