Today's News for
Friday, October 17, 2014
Student Aid Services: Many students are
using the NPC to determine what colleges they will apply
to. See how Student Aid Services' NPC 2.0 can
convey the value of your institution and demonstrate affordability
to your prospective students. Make your NPC an enrollment tool.
Contact Student Aid Services. www.studentaidservices.com
NEW FROM NASFAA
Many more private student loan borrowers turned to the Consumer
Financial Protection Bureau (CFPB) this year than last for help
with their servicers and loan repayment terms, a new report says.
Of about 5,300 private student loan complaints to the CFPB since
October 2013, 57 percent related to either "repaying your loans" or
"dealing with my lender or servicer," according to the "Annual
Report of the CFPB Student Loan Ombudsman."
The Standards of Excellence (SOE) Review Program is currently accepting applications for institutional reviews for the 2014-15 academic year. Simply complete the online form and the SOE administrator will contact you with a no-obligation cost estimate, as well as answer any questions you have about the program. For more information, including the many benefits of an SOE review, please visit the website, hear about the process from a peer review team leader, or contact the program administrator at email@example.com.
If you have significant financial aid experience and enjoy sharing your wisdom with others, volunteer your services using NASFAA's online Speaker and Mentor Directory. 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, your information will be saved in the NASFAA database and you can update it any time. Users can search for a) mentors to financial aid administrators, b) mentors to high school guidance counselors, c) speakers for financial aid meetings or training events, and d) speakers for high school events. If you are ready to add your name and expertise, please log in to your profile now.
U.S. DEPARTMENT OF EDUCATION
The updated 2014-2015 Common Origination and Disbursement (COD) Technical Reference has been posted.
Appendix C – Technical Resources and Assistance of the 2014-2015 Federal Student Aid Handbook is now available.
In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 3501 et seq.), ED is proposing a revision of an existing information collection.
"This fall, President Obama will release a college-rating system
that is likely to include graduation rates as a key measure of
institutional success," The Chronicle of Higher
"With the rising cost of a college education, more and more high
school seniors are having a hard time figuring out how to pay for
school," Forbes reports.
"Kyle Edward Moore was sentenced to 37 months in prison, and was
ordered to pay $520,904 in restitution for carrying out two
conspiracies to commit financial aid fraud and wire fraud,
announced United States Attorney Melinda Haag and FBI Special Agent
in Charge David J. Johnson," Imperial Valley
Blogs and Think Tanks
"Stories of college graduates working as baristas and taxi
drivers have played into a narrative about how college-degree
recipients are struggling to find work that uses their
education," The Chronicle of Higher
Education's Data Points reports.
NASFAA CAREER CENTER