Today's News for
Tuesday, May 26, 2015
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
As efforts surrounding FAFSA simplification increase, many
scholars are starting to take a look into what methods may be most
effective. Using a sample of over 40,000 students from the National
Postsecondary Student Aid Survey (NPSAS:12), a recently released
report showed 70 percent of applications saw no change in their
Federal Pell Grant eligibility when shifting from the use of
prior-year (PY) to prior-prior year tax (PPY) data.
NASFAA seeks to hire a Web Reporter/Editor with experience and skills in interviewing for, reporting on, and writing the news, copy editing, and using web content management systems. This is a DC-based position. The person selected to join NASFAA’s Communications team will operate in a fast-paced environment and manage multiple tasks simultaneously. The right candidate will have experience managing an organizational social media presence and will be willing to work occasional odd hours to ensure coverage of breaking news. A Bachelor’s degree is required; focus in Journalism preferred. Applications received by Friday, June 5 will be given priority. For full details visit NASFAA's Career Center.
Learn the answer to this question and learn how to instantly find credible and reliable solutions
to your most pressing regulatory and compliance questions with NASFAA's AskRegs Knowledgebase. The Knowledgebase guide and video tutorials highlight the many features of
With less than one week remaining, register now and reserve your spot! NASFAA University’s most popular online course introduces attendees to basic financial aid concepts, categories and types of financial aid, the Title IV aid programs, and other federal sources of assistance to students. This course is not only an effective training tool for new financial aid staff, it also offers your institution's non-financial aid staff a basic understanding of financial aid programs and requirements.
THE D.C. DOCKET
NASFAA is here to help you stay up to date on the top policy events occurring throughout the week in Washington, D.C. and, when applicable, across the country. Make sure to check back in to Today's News each morning for coverage of some of the events, and email us at email@example.com if you're aware of upcoming policy events that could be of interest to the financial aid community.
- The House
and Senate are in session the week of May 25.
U.S. DEPARTMENT OF EDUCATION
This letter clarifies changes made by the Consolidated and Further Continuing Appropriations Act of 2015 to the Title IV eligibility of students who are not high school graduates.
As the Department announced in a May 11, 2015 electronic announcement, the FSA ID was successfully implemented on May 10, 2015. The FSA ID, made up of a username and password, has replaced the Federal Student Aid PIN and is now being used by students, parents, and borrowers to access personal financial aid information online and electronically sign Federal Student Aid documents.
"The rise in college costs-and student-loan burdens-is breaking
through as a hot issue in the 2016 presidential race as contenders
float proposals that rethink what college should cost and who
should foot the bill," The Wall Street
"Sen. Dan Coats (R-Ind.) is pushing a new legislation aimed at
rooting out the fraud involved in tax breaks for higher
education," The Hill reports.
"A U.S. House of Representatives budget resolution for 2016 was
introduced last week that would freeze the max Pell Grant for ten
years, a replay of the 2015 proposal by Rep. Paul Ryan (R-Wis.),
then chair of the House Budget Committee," MainStreet reports.
"The president of the University of Virginia briefed lawmakers
Thursday on a plan designed to make the school more affordable for
low- and middle-income students by raising tuition across the board
and using the money to provide them with grantsm" The
"President Obama's proposal to make community college tuition
free got a warm hug from Gene D. Block, chancellor of the
42,000-student University of California, Los Angeles. He called it
'the most encouraging idea for higher education to emerge from
Washington in years,'" Jay Mathews writes in an opinion piece
for The Washington Post.
Blogs and Think Tanks
"The latest figures are out from the Department of Education and
the share of borrowers using Income-Based Repayment (IBR) to repay
federal student loans is rising rapidly," according to New
"Auctions of U.S. Treasury notes and bonds don't usually attract
a lot of attention unless we are in the midst of tumultuous times
or when the lending rates for a pretty important loan program are
indexed to one of these," according to Credit.com's blog.
NASFAA CAREER CENTER