Today's News

Today's News for Friday, March 27, 2015 
 
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NEWS FROM NASFAA

ED's Paul LeBlanc, David Musser Speak With NASFAA's Innovative Learning Models Task Force

NASFAA's Innovative Learning Models Task Force was in D.C. yesterday, where they heard from Southern New Hampshire University President Paul LeBlanc, who is currently serving as an adviser to the Department of Education (ED), and David Musser, a program specialist at ED. The conversation focused on competency-based learning models, the experimental sites ED has established to study existing programs, and what the future of federal financial aid might look like for such learning models. The task force has been charged with formulating recommendations for how Title IV regulations might be changed to accommodate innovative learning models, while still protecting federal investments and program integrity. Check out our Facebook page for pictures from the meeting!

3 Key Stats From ED's New Tuition Prices Study

"What is the Price of College?" a new report from the Department of Education's (ED) National Center for Education Statistics (NCES), is the latest proof that college sticker prices do not equal the bills most students will ultimately receive. Read on for a few important figures from the study. 

NASFAA AskRegs and Membership Center Functionality Limited Due To System Upgrades

NASFAA’s AskRegs Knowledgebase and Membership Help Center will be unavailable from 9:00 pm EDT on Saturday, March 28, 2015 until 6:00 am EDT on Sunday, March 29, 2015 for system maintenance. Please schedule any AskRegs and Help Center submissions accordingly.

NASFAA's Self-Evaluation Guide Can Help You Implement Best Practices and Better Prepare for Audits

NASFAA's Self-Evaluation Guide for Institutional Participation in Title IV and Other Federal Programs allows you to document your responses to individual questions by inserting a checkmark or the appropriate text. You can then save and print your personalized, completed copy of each section for your records. The most recent edition of the guide includes updates for the Title IV student financial aid administration changes effective for the 2014–15 award year. NASFAA members can download, complimentary, all 24 sections as needed from NASFAA's online store. The price will be automatically reduced to $0 in your shopping cart.

Get The Most Out Of Your MyNASFAA Profile

When you log in to the NASFAA website, you gain access to all of the member-only content AND your myNASFAA profile. Located in the Membership Center under Manage Your Membership, your myNASFAA profile allows you to: 1) Update your contact information, including your job title; 2) Update your demographic information; 3) Add your name to the Speaker/Mentor Directory; 4) View your committee involvement; 5) Review past orders, as well as current meeting and event registrations; 6) Temporarily put Today's News on a vacation hold, and more! If you haven't accessed your myNASFAA profile recently, please do so today. If you have any questions, email membership@nasfaa.org.

U.S. DEPARTMENT OF EDUCATION

3-26: Loan Servicing Information - First Quarter's Customer Service Performance Results

This announcement is intended to share the customer service performance results for the first quarter (ending September 30, 2014) with the financial aid community. 

3-26: Loan Servicing Information - Second Quarter's Customer Service Performance Results

This announcement is intended to share the customer service performance results for the second quarter (ending December 31, 2014) with the financial aid community.

HEADLINES

National News

Many Teach Grants Turn Into Loans; Report Asks Department To Find Out Why

"A third of the more than 112,000 students who have received federal Teach Grants have had their grants changed to loans, according to a new report by the Government Accountability Office," The Chronicle of Higher Education reports. NASFAA President Justin Draeger "said the finding of 'so many erroneous conversions and eligibility certification issues' was 'alarming.'"

The Student Loan Borrower Bill Of Rights: The Law Of The Land?

"Critics of the President Obama's Student Aid Bill of Rights, introduced earlier this month, have raised questions about its vague objectives on student loans," MainStreet reports.

State News

These States Will Take Your License For Not Paying Student Loans

"Legislators in two states are trying to repeal laws that let authorities revoke driver's licenses or professional licenses when people fall severely behind on their student loan payments," Bloomberg reports.

Opinions

Opinion: Paying For College And Learning A Lesson For Life

"When it came time to apply for college in the fall of 1988, my parents and I didn't know the first thing about the financial aid process. But my mother, a veteran personal shopper who has always had a knack for figuring out just who to call to solve consumer mysteries of all sorts, knew someone who knew someone," Ron Lieber writes in The New York Times.

Blogs and Think Tanks

Senators Split On Pell Grant Amendments

"Senators on Thursday approved a measure that backs year-round Pell grants for college students," The Hill's Floor Action blog reports.

GOP Blocks Warren's Student Loan Plan

"Senate Republicans on Wednesday blocked an effort by Sen. Elizabeth Warren (D-Mass.) to attach an amendment aimed at lowering student loan rates to the budget," The Hill's Floor Action blog reports.

Increasing Postsecondary Attainment Through Smarter Student-Loan Repayment

"By the year 2020, nearly two-thirds of U.S. job openings will require postsecondary education, according to workplace projections by Georgetown University's Center on Education and the Workforce," according to the Center for American Progress.

Higher Ed Must Shift Gears To Meet Student Needs

"In the business world, investors carefully weed through proposals to find opportunities they believe provide the most room for growth and offer the greatest benefit for their organizations," Dr. Robert L. Breuder, president of the College of DuPage, writes in The Huffington Post's The Blog.

NASFAA UNIVERSITY

NASFAA CAREER CENTER

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