Today's News

Today's News for Tuesday, September 30, 2014 
 
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NEWS FROM NASFAA

New Report Discusses Measuring Institutions’ Commitment To Access and Diversity

The Obama administration's proposed Postsecondary Institution Ratings System aims to use a number of metrics to determine an institution's commitment to access and diversity, and would tie institutional allocations of financial aid funds to these ratings by 2018. Asked by NASFAA leadership to conduct research on the feasibility of such an approach, the Access and Diversity Committee worked to determine whether there are tools currently available that can assist institutions with their own evaluation prior to the development and implementation of a Federal rating tool. Read the committee's findings in their newly released “Measuring Excellence in Access and Diversity" report.

Paper: Low-Income Students Reap Biggest Rewards From FWS Program

Low-income and low-SAT scoring students who participate in the Federal Work-Study (FWS) program reap the largest benefit, indicating the potential for better outcomes if funding were better targeted, according to a working paper from the Center for Analysis of Postsecondary Education and Employment.

Online Video Available, NASFAA University – Return of Title IV Funds Lesson #3

Return of Title IV Funds Lesson #3 is just one example of the many instructional videos being provided to NASFAA U online course attendees. These streaming videos are an integral part of the teaching process, allowing attendees to view presentations anytime, anywhere. If you are looking for a convenient way to learn or to train your staff on Return of Title IV, consider NASFAA University’s online course. Class starts October 14 and has limited seating. Register now!

Don't Miss The October 29 Webinar on Reporting Untaxed Income on the FAFSA

Confusion over how to correctly report untaxed income on the FAFSA often results in students and families either reporting income that should not be included, or failing to report income that should be included. Tune into NASFAA’s October 29 webinar for a review of the untaxed income information required on the FAFSA. School panelists will share their approaches to special situations they have encountered when determining what should or should not be included as untaxed income. The webinar is offered at a rate of $115 for members, $230 for non-members, and at no additional fee for webinar package purchasers. Register today!

U.S. DEPARTMENT OF EDUCATION

ANN-14-23: Online Training Module - Default Prevention and Management

This letter announces an update to Federal Student Aid’s online training module on the cohort default rate process and default management.

HEADLINES

National News

Student-Loan Debt Growth May Slow, Treasury Deputy Raskin Says

"The growth of student debt may slow as the strengthening economy reduces the number of new loans, Deputy Treasury Secretary Sarah Bloom Raskin said," Bloomberg reports.

Agency Warns About Decline In Access To Education

"Social mobility through education is waning around the world, despite increased access to education, the Organization for Economic Cooperation and Development warned in a report this month," The New York Times reports.

State News

New Laws In Calif. Will Allow 4-Year Degrees At 2-Year Colleges And More 'Dream' Aid

"Gov. Jerry Brown of California acted on Sunday on several bills that affect higher education, including signing into law measures that will allow some of the state's community colleges to grant four-year degrees and that will let public university students who can't take out federal loans because of their immigration status borrow from their colleges instead," The Chronicle of Higher Education reports.

Nebraska: Growing Enrollment Means Growing Financial Aid Needed By NU Students

"Climbing enrollment at the University of Nebraska has paralleled an increasing amount of financial aid for students attending NU's four campuses," the Journal Star  reports. "At the University of Nebraska-Lincoln, 76 percent of students receive some type of financial assistance to attend college, said Craig Munier, director of the Office of Scholarships and Financial Aid."

Online Arizona College Accused Of Faking Data

"An Internet college lied about admissions to keep its federal aid flowing, and fired an admissions adviser when he complained, the man claims in court," Courthouse News Service reports.

Should Georgia Tech Students Be Held To The Same HOPE GPA Requirement As Other Students?

"Should there be a lower standard for retaining the HOPE Scholarship for students at Georgia Tech?" The Atlanta Journal-Constitution's Get Schooled asks.

Opinions

Opinion: 5 Myths About Paying For College Without Student Loans

"Paying for college without student loans seems like a great idea. ... But the fact is college is expensive and students will likely have to borrow some money," Reyna Gobel writes for Forbes. 

Blogs and Think Tanks

4 Years And $2-Billion In Community-College Training Grants, State By State

"The White House on Monday unveiled the winners of the fourth and final round of Trade Adjustment Assistance Community College and Career Training grants," The Chronicle of Higher Education's The Ticker reports.

Helping Federal Student Loan Borrowers Manage Debt, Repay Loans

"We've been telling you that new data shows that a lower percentage of students are defaulting on federal loans. That's great news for students, taxpayers and our economy. But we know there is still more work to do," the Department of Education writes in its Homeroom blog.

Is Income-Based Student Loan Repayment Right For You?

"According to a popular estimate, more than 40 million Americans now owe a combined $1.2 trillion in student loans. That's made the issues surrounding these loans -- including income-based loan repayment plans -- a hot topic lately," The Motley Fool reports.

NASFAA UNIVERSITY

NASFAA CAREER CENTER

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