Today's News for
Friday, August 01, 2014
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NEWS FROM NASFAA
Kenneth Kocer, director of student financial assistance at Mount Marty College and president of the South Dakota Association of
Student Financial Aid Administrators (SDASFAA), provided U.S.
senators with several recommendations for federal and private
student loans during a hearing Thursday. At the Senate Committee on
Banking, Housing & Urban Affairs' "Financial Products For
Students: Issues And Challenges" hearing, Kocer advocated for
several NASFAA-backed policy changes, including a universal student
loan portal where borrowers could track federal and private loans,
and the ability for financial aid administrators to limit federal
loan borrowing for broad categories of students.
Indeed we are! Everything has finally come together with the NASFAA National Profile, an annually released primer that provides information on federal student aid programs and the students that they serve. Read on to learn more about what I've been up to over the past week or have a look back at past issues of Behind the Scenes with Blondeen.
Is this something you’ve grappled with in your aid office? NASFAA's Student Aid Index can help! If you look under Verification, the list of subtopics includes "Electronic signatures. Below that, under "Program Integrity Information Page on ED.gov: Verification, DOC-Q&A12," you will find a link to the related Department of Education Program Integrity Q&A that addresses this issue. Want to learn more about the Index? Visit www.nasfaa.org/index.
NASFAA's Career Center is the definitive career resource for financial aid professionals! The Center offers free job searching and resume posting, as well as discounted job posting rates and special offers for NASFAA members. Features include easy navigation with quick links to jobs by state or function and links to current NASFAA Career Center promotions. Get more visibility when you upgrade your job posting to Preferred status - your posting will appear on the Career Center home page as featured job in addition to appearing at the top of the job listings!
Nearly 400 of your peers have already signed up to volunteer as mentors for new aid administrators, mentors to high school guidance counselors, or speakers for financial aid. Now NASFAA’s online Speaker and Mentor Directory allows you to refine your search by name, state, keyword or region to help find a volunteer in your local area! To offer your own services, simply log in to your myNASFAA profile, scroll down to click “Edit,” navigate to the Demographic Information tab, and scroll down to the “Speaker/Mentor Directory Listing.” Once you complete your profile, you can update it any time.
U.S. DEPARTMENT OF EDUCATION
Payments sent to the discontinued Direct Loan Servicing Center (ACS) payment mailbox are now being returned. Returned payments can lead to a borrower’s account becoming delinquent.
The draft Application Processing System Specifications for Software Developers for the 2015-2016 cycle has been posted.
The updated 2014-2015 Federal School Code (FSC) List of Participating Schools is now available on the Information for Financial Aid Professionals (IFAP) Web site.
Registration and lodging for the 2014 FSA Training Conference is now open.
"Paul Ryan's 73-page blueprint for expanding opportunity is
chock full of ideas for higher education and job training
reform," Forbes reports.
"In passing a compromise piece of legislation aimed at reforming
the Department of Veterans Affairs, the U.S. Senate on Thursday
also approved a new benefit for student veterans and their
families," Inside Higher Ed reports.
"Merced College will continue to offer its financial aid through
an outside agency despite some complaints. However, the school is
lining up a survey to gather student opinion on the service,"
the Merced Sun-Star reports.
"Four men have been charged with trying to use other people's
identities to register as Joliet Junior College students and
receive financial aid loans," The
"The mounting student debt crisis could cause serious economic
damage to the United States. Rising college costs and declining
financial aid at both state and federal levels have significantly
contributed to the problem. A good deal of responsibility, however,
belongs to the financial institutions that service federal student
loans, according to a new report," Chris Hicks writes
Blogs and Think Tanks
"Adjunct professors would become eligible for a federal student loan forgiveness plan available to public servants under the terms of a bill introduced on Thursday by Sen. Richard A. Durbin, an Illinois Democrat," The Chronicle of Higher Education's The Ticker reports.
NASFAA CAREER CENTER