Today's News for
Tuesday, March 31, 2015
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NEWS FROM NASFAA
Even in the face of ever increasing college costs, governors in
five states are proposing to reduce spending for higher education
in the next fiscal year - in a couple of states by as much as $300
million. These cuts are just the latest in a long series of states'
divestment in colleges and universities since the economic
downturn. There are some states, however, striving to ease the dire
funding situations at their state colleges and universities.
This week, Mr. Ethics tackles a question about whether or not a financial aid administrator should accept a lunch invitation from his or her Financial Aid Management System account manager. Using NASFAA's Code of Conduct as a guide, Mr. Ethics offers practical advice about what is appropriate concerning relationships between financial aid staff members and people from any entity that does business, or is seeking to do business with, the institution. Got a common ethical question you need help with? Email Mr. Ethics at firstname.lastname@example.org and we'll make sure your identity remains anonymous if your question is chosen to run in Today's News.
Learning topics focus on circumstances for which a financial aid administrator may exercise Professional Judgment, the documentation requirements, recalculating a student’s financial need, and adjusting financial aid accordingly. 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. Register Now to reserve your seat!
"The U.S. Department of Education on Tuesday released the names
of the more than 550 colleges required to operate under more
restrictive conditions and extra scrutiny because of concerns about
their management or administration of federal financial-aid
dollars," The Chronicle of Higher
"The federal health care overhaul is leading some colleges and
universities to get out of the health insurance
business," The Associated Press reports.
"Students attending four-year public universities and colleges
in Kansas may see cuts in their financial aid due to a legislative
action on a program that governs school grants," The
Associated Press reports.
"Late Tuesday night, Francis Madi, 25, and Alexandra Ramos, 24,
finished a dinner of pizza and soda and began a hunger
strike," Refinery29 reports.
"One of the biggest challenges in the college admissions process
for both students and their families is finding the right
affordable college, and figuring out how to pay for it," Allan
Golston, president of the United States Program at the Bill &
Melinda Gates Foundation, writes in an opinion piece
for The New York Times.
"Indiana University's efforts to address the national problem of ever-increasing student loan debt have been getting a lot of attention lately," the Herald-Times reports.
"Stanford University said Friday it will cover the tuition expenses of students with family incomes below $125,000 a year and 'typical assets,'" MarketWatch reports.
"A groundbreaking plan to offer two years of free community college to qualifying high school graduates will be announced Monday by Harper College in Palatine," the Daily Herald reports.
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