Today's News

Today's News for Friday, December 19, 2014 
 
Brought to you by 
 

The College Board: Since helping to shape the field in 1954, the College Board and its member partners have collaborated to provide leadership, expertise, and a suite of reliable, consistent, and user-designed financial aid solutions including PowerFAIDS®, the Institutional Methodology, CSS/Financial Aid PROFILE®, and others. Visit us at collegeboard.org.


NEWS FROM NASFAA

ED Releases Anticipated Draft Ratings Framework

Today the Department of Education (ED) released a draft framework for the Obama Administration’s proposed college ratings system. Long-awaited, the framework provides few details but identifies three main areas in which institutions will be rated: access, affordability, and performance. The framework also identifies several metrics by which institutions will be evaluated, including percentage of Pell Grant recipients, net price, and transfer and completion rates. Stay tuned for a more detailed analysis in Monday’s Today’s News.

2014: A Year In Review For Financial Aid

2014 was quite a year for higher education, especially for student aid! Here's a look back at some of the biggest events, issues, and news stories in the financial aid community.

Seasons Greetings To NASFAA Members!

This holiday season, NASFAA staff would like to extend our warmest wishes to you, our members. Thank you for all you do for your students and for the profession. Please enjoy this video featuring NASFAA staff members and share your own holiday messages with your colleagues in the comments section!

Leadership & Legislative Conference & Expo Session Offers Glimpse Into The Future for New Aid Directors

Curious what you can expect in your first year as a new aid director? Wondering what you should focus on and how to determine the priorities? Come to the 2015 NASFAA Leadership & Legislative Conference & Expo to find out! Three of your colleagues will share what they wish they had known and help you develop a roadmap for your first year of being in charge. Don't miss this and more sessions developed solely for New and Aspiring Aid Directors - register today! 

NASFAA Self-Evaluation Guide for 2014−15: Phase One Now Available

Looking for guidance to help you evaluate your institution's compliance with current statutes, regulations and other U.S. Department of Education (ED) requirements? The first phase of the 30th edition of NASFAA’s Self-Evaluation Guide for Institutional Participation in Title IV and Other Federal Programs is now available. This edition of NASFAA's Self-Evaluation Guide serves as an in-house self-assessment tool to help your institution prepare for required audits of the institution's administration of the Title IV student financial assistance programs during the 2014−15 award year. NASFAA members can download the guide, complimentary - the price will be reduced to $0 in your shopping cart.

U.S. DEPARTMENT OF EDUCATION

12-18: 2015-2016 FAFSA on the Web Worksheet (English)

The final version of the 2015-2016 FAFSA on the Web Worksheet is now available in English, in Portable Document Format (PDF).

12-18: Title IV Aid Disbursement Reporting, Excess Cash, and Reconciliation Requirements

In this announcement, the Department of Education reminds schools of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs.

GEN-14-22: Apprenticeships and the Federal Student Aid Programs

This letter provides information regarding the availability of Federal Student Aid, including Federal Work-Study funds through the Job Location Development Program to support students in apprenticeship programs.

12-18: Christmas Day, Day after Christmas Day, and New Year's Day Federal Holiday Processing and Customer Service Hours

The Department's federal offices as well as its Title IV processors and contact centers will be closed on Thursday, December 25, 2014 to observe the Christmas Day federal holiday as well as on Thursday, January 1, 2015 to observe the New Year’s Day federal holiday.

HEADLINES

National News

Obama's College-Ratings Plan Arrives, But Most Specifics Stay Behind

"The college-ratings plan that the Education Department is releasing on Friday can best be described as incremental," The Chronicle of Higher Education reports.

Rating Plan For Colleges Is Unveiled By The U.S.

"In a report due out on Friday, the Obama administration will offer its first public glimpse of a planned system for rating how well colleges perform, saying it plans to group schools into just three broad categories - good, bad and somewhere between," The New York Times reports.

Why Comparing Lots Of Colleges Might Not Help As Many Students As You'd Think

"There has been a proliferation of consumer information meant to help prospective students choose a college," The Chronicle of Higher Education reports.

Groups Oppose Corinthian Sale To ECMC

"A coalition of 46 student, consumer, veterans and civil rights groups on Wednesday wrote to the Obama Administration and U.S. Department of Education to oppose the proposed sale of 56 Corinthian Colleges' campuses to ECMC, a nonprofit student loan guarantee agency," Inside Higher Ed reports.

35 Percent Of All Security Breaches Take Place In Higher Education

"A new infographic from enterprise security and backup specialist SysCloud looks at the risks higher education bodies face and how they can improve their levels of protection," Beta News reports.

A Call For Big Changes To Meet A Big Challenge At Community Colleges

"More than a decade of efforts to propel low-income and underserved students through community college have fallen short because states and colleges haven't made systemwide commitments to strategies like streamlining degree requirements, accelerating remediation, and financially rewarding colleges for raising graduation and persistence rates, according to a report being released on Thursday by Jobs for the Future," The Chronicle of Higher Education.

Critics Say College Graduation Rates Don't Tell The Whole Story

"Pushing public colleges and universities to increase graduation rates has become a key objective for President Obama and California Gov. Jerry Brown, among others, as they seek to hold higher education institutions more accountable," the Los Angeles Times  reports.

State News

Utah: Top Educators Consider 'Game Changers' For College Graduation

"Utah college students are taking longer to graduate from four-year institutions than their peers nationwide. For many students, this translates into more student debt, a higher likelihood of dropping out, and long-term economic hardship to families and communities," the Deseret News reports.

INDUSTRY NEWS

NASFAA UNIVERSITY

NASFAA CAREER CENTER

Subscribe RSS

This RSS feed is provided to allow private individuals to view headlines and text excerpts from NASFAA within newsreaders or RSS-enabled web browsers for personal, non-commercial use. The ability to access and read certain complete articles may be restricted to NASFAA members. Approved NASFAA-affiliated state and regional financial aid associations may additionally distribute our RSS feeds and incorporate headlines (which may include text excerpts) from NASFAA into their official website, blog, or other digital publication for the benefit of their members as long as no fee is charged. We may disable, change, or discontinue these feeds at any time. If you wish to make any other use of our RSS feeds, please contact us for permission.