Today's News for
Friday, May 29, 2015
Student Aid Services technology and
services create memorable experiences for prospective students.
Custom design and dynamic messaging help promote value while
educating about cost and affordability to encourage students to
enroll. Contact us to see how our
solutions can impact your enrollment.
NEWS FROM NASFAA
Shifting to prior-prior year (PPY) income information on the
FAFSA would have implications for financial aid administrators,
admissions officials, students, and states -- and at a NASFAA panel
discussion Thursday, representatives of each group said the
benefits of the change would greatly outweigh any potential
The IRS announced Wednesday that criminals had gained access to an estimated 100,000 tax accounts using the IRS’ “Get Transcript” application. According to the accompanying Q&A, "[t]he IRS is taking several steps, including marking the accounts of affected taxpayers on our core tax account system to protect them against identity theft if someone else tries to file a tax return in their name, both right now and in 2016" and will be "sending letters to affected taxpayers with additional information." NASFAA has reached out to FSA to learn more about how this may impact students and whether ED will allow schools to use a tax return while the transcript service is suspended.
On Thursday, Inside Higher Ed (IHE) hosted a
webinar to review the findings of their recent survey with Gallup.
The first of its kind, this study of Community College
Presidents at associate degree-granting institutions aimed to
understand how they perceive and address the challenges facing
two-year institutions. Led by IHE editors Scott Jaschik and Doug
Lederman, the webinar highlighted results around President
Obama's free community college plan, the "skills gap," for-profit
competition, and pathways to degree completion.
received multiple reports of people getting unsolicited calls from companies claiming to work with NASFAA and offering to help you reserve a hotel room for the 2015 and 2016 NASFAA National Conferences. NASFAA’s housing company, Orchid Event Solutions, will
never call you to reserve your room. We are investigating how these companies are obtaining contact information, as we have not distributed any registration lists. If you have reserved a room via one of these phone calls, please cancel that reservation and
secure housing through our contracted and secure provider. Information on how to reserve a room for the 2015 NASFAA National Conference can be found on our website. Housing for the 2016 NASFAA
National Conference is not open.
Cohort Default Rates (CDR) are becoming more and more a concerning factor for schools. This webinar, filmed May 20, will help you to better understand your CDR and how it impacts your school and students. Panelists and presenters provide an overview of CDR and discuss the challenges and appeals processes. At a cost of just $115 for members, $230 for non-members, and at no additional fee for webinar package purchasers, this is one you won't want to miss. Purchase it today and watch it at your convenience.
U.S. DEPARTMENT OF EDUCATION
On June 5, 2015, we will send the message class "MESSAGTB" via the Student Aid Internet Gateway (SAIG) to all user mailboxes.
"...About 36,000 students have failed to meet the requirements
since the [TEACH grant] program's launch and an estimated 75
percent won't complete the necessary steps in the future, according
to the U.S. Government Accountability Office. ...With numbers that
dismal, 'it's a loan masquerading as a grant,' says Justin Draeger,
president and CEO of the National Association of Student Financial
Aid Administrators," according to U.S. News and World
"Nearly 78,000 members of the military who federal prosecutors
said were overcharged on their student loans will begin to receive
a total of $60 million in compensation next month, the Department
of Justice announced Thursday," Inside Higher
"Private institutions like the University of Mount Olive now
station financial aid officers at the satellite campuses and
evening programs where many community college students come to
finish their degrees," according to The Hechinger
"Two politicians in Wisconsin's statehouse are proposing a
solution to address the student loan crisis in their state,"
Stephen Dash, CEO of Credible, writes for The Huffington
Blogs and Think Tanks
"How likely is it that children who grow up in very poor
families go to college? How about children who grow up in very rich
families?" The New York Times' The
Upshot blog asks.
"Progressive members of Congress, left-leaning think tanks,
Democratic presidential candidates, and others have over the last
year been aggressively promoting student loan refinancing as a fix
for the student loan problem," Alan Collinge, founder of
StudentLoanJustice.Org and author of "The Student Loan
Scam," writes in The Hill's Congress Blog.
"Today, New America's Education Policy Program released the
first in a series of College Decisions Survey briefs that analyze
new survey data about what prospective college students know about
the college-going and financing process," EdCentral
NASFAA CAREER CENTER