Today's News for
Tuesday, December 23, 2014
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NEWS FROM NASFAA
In written comments submitted last week on the second draft of
the 2015-16 paper Free Application for Federal Student Aid (FAFSA),
NASFAA recommends a modification to the proposed notification to
the applicant regarding the school listing.
Wednesday, Dec. 24 through Thursday, Jan. 1, some NASFAA services will be unavailable due to the holidays. The NASFAA website and other online services (including the AskRegs Knowledgebase) will still be available, but the Today's News daily email will not be sent, and technical and membership support will not be available until Friday, Jan. 2. We hope you have the happiest of holidays! Please enjoy this video featuring NASFAA staff members and check out our NASFAA Members Celebrate the Holidays Facebook album for a look at pictures submitted by your colleagues in aid offices around the country.
Last Wednesday we asked members what financial aid issue they would most like to see addressed by policymakers in 2015. Of the just over 200 responses received so far, about 26 percent selected the "elimination of loan origination fees," followed by nearly 24 percent who chose the "use of prior-prior year income on the FAFSA." The preservation of the Perkins Loan Program was chosen by nearly 19 percent of respondents, 17.5 percent chose simplifying the student loan repayment process, and slightly more than 4 percent said they would like to see policymakers address some form of of a year-round Pell Grant Program. Close to 10 percent chose "other." If you have yet to chime in, take the poll and peruse past Poll the Pros questions and results.
Updated in December 2014 for the 2014-15 program year, this self-study guide introduces the federal student aid programs, providing information on the Title IV programs, state aid, the Health and Human Services (HHS) programs, and other sources of financial assistance. Written for the independent learner, this self-study guide includes multiple lessons with a variety of exercises to reinforce each lesson. If you are a Value Plus member, you can download this updated guide from the NASFAA store as part of your membership package; the price will be reduced to $0 in your shopping cart. Order the Overview of the Financial Aid Programs Self-Study Guide Self-Study Guide (PDF only) today!
Being a leader of an association is more than just working the gavel — it is also about knowing how to lead a team. In a can't-miss session in the Association Management pathway, presenters will deliver techniques to increase the return on your investments in others. Explore how you can get a team prepared for transition, select the best team members, keep them active and engaged in the association, and solicit volunteers that will get the job done. Learn more about the 2015 Leadership & Legislative Conference & Expo and register today!
U.S. DEPARTMENT OF EDUCATION
In October 2014 the Department initiated the active confirmation process that required every organization enrolled for a Student Aid Internet Gateway (SAIG) account to review and validate its assigned TG numbers by December 12, 2014.
"The Financial Aid Simplification and Transparency (FAST) Act
aims to simplify the entire financial aid process for the nearly 22
million students enrolled in U.S. colleges and
universities," NerdScholar writes
for USA TODAY. "Megan McClean, managing director of
policy and federal relations for [NASFAA], says the group supports
the bill's 'spirit of simplification' but is worried about
shortening the FAFSA too much."
"Here's a road map of measures the department is thinking about,
and how they present certain problems for the ratings plan,"
The Chronicle of Higher Education reports.
The Postsecondary Institutional Ratings System (PIRS) "quickly
made mortal enemies, causing some to pronounce it 'dead on arrival'
this week," NPR reports.
"A once-narrower role for Washington - setting national policy
goals, ensuring equity and protections for all students, and
providing the financial incentives for states and localities to
make needed improvements -- has evolved into the largest and
broadest role in education the federal government has ever
played," Arthur Levine, president of the Woodrow Wilson National
Fellowship Foundation, writes in The Hill's Congress
"A federal ratings system is the first step in providing
consumers, students, parents, and taxpayers with evidence that
their investments are producing the kind of results that will build
our local, state, and national economies," F. King Alexander,
president and chancellor of Louisiana State University, writes for
The Chronicle of Higher Education's The
Blogs and Think Tanks
"The National Association of Student Financial Aid
Administrators ... suggests these ways to avoid making the most
common mistakes when seeking financial aid," the Omaha
World-Herald's Money Talks blog reports.
"The winds of education change were gusty in 2014: declining and
inequitable public funding, a new demographic future, advancing
technology, rethinking accreditation, the credit hour and the needs
of a tough job market," Brad C. Phillips, IEBC president,
writes in The Huffington Post's The Blog.
"It is worth noting right off the bat that many observers now
believe, if they didn't before the draft was released, that the
ratings system is a pipe dream," The Chronicle of Higher
Education's The Ticker blog reports.
NASFAA CAREER CENTER