Today's News

Today's News for Monday, September 29, 2014 
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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. 



Student Aid Perspectives: Filing the FAFSA Matters, but So Does Filing On Time

"The Free Application for Federal Student Aid (FAFSA)—a major gateway to receiving financial aid—has long been criticized for its complexity. The pervasive problem of students missing out on financial assistance, due either to failure to file a FAFSA or filing late, is a critical issue for the financial aid community. Considerable efforts are being made to increase financial aid access for first-generation and lower-income students... [h]owever, the continued trend of large numbers of eligible students either failing to apply for financial aid or filing late suggests that we can and should do more," Heather Novak and Lyle McKinney write in the latest article in NASFAA's Student Aid Perpectives series.

Census Data: College Enrollment Decline Continues for Second Year

College enrollment declined for the second year in a row, dropping by nearly half a million between 2012 and 2013, making it the largest drop since before the recent recession, according to data released by the U.S. Census Bureau.

AskRegs Knowledgebase Answers: Does It Matter What Current Status Is Indicated on the Transcript DataBase View (TRDBV) to Be Acceptable for Verification?

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 this tool.


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. The House and Senate are scheduled to be on recess the week of September 29. Be sure to read Today's News daily for additional coverage of some of these events. 



9-26: COD Processing Update

The COD Processing Update provides information related to COD System processing and includes the following sections: COD News and Updates, Current Issues (with a subsection for All Programs, Direct Loans, and Grants), and Reminders.

9-26: Reminder of Program-Level Enrollment Reporting Requirement

This Electronic Announcement reminds institutions of the upcoming deadline to begin reporting program-level student enrollment information to the National Student Loan Data System (NSLDS). 


National News

The Geography of College Opportunity

"Most undergraduates go to college in their home state, and most head to public institutions. As demographics change and college costs rise, going away to college might become even more unusual," according to National Journal.

The Power Of The Personal

"Daphanie Johnson is one of two former students a U.S. Senate committee cited in a July staff report that made a case against for-profit colleges for taking advantage of military veterans. Yet Johnson first heard about the Senate investigation when journalists began calling her, after the report was released," Inside Higher Ed reports.

Experts: HBCUs Need to Start Prepping Potential College Students

"Rather than react to perpetual questions about their relevance, HBCUs and Predominantly Black Institutions should be proactive about drilling down deeper into America's K-12 systems in order to better prepare students for the demands of a postsecondary education," Diverse: Issues in Higher Education reports.

State News

Two N.Y. Cities And A Promise: A Full Ride To College For High School Graduates

"What if every student who graduated from a city's public high schools were guaranteed the money needed to go to college? An experiment like this is under way in Syracuse and Buffalo through the efforts of a New York foundation called Say Yes to Education," The Washington Post reports.

Massachusetts: For-Profit Career Schools Sue Martha Coakley

"Attorney General Martha Coakley, who has done battle with for-profit schools since 2012, is facing a federal lawsuit from the nonprofit organization that represents them, accusing her of violating both state and federal constitutions in her attempt to regulate the businesses," The Boston Herald reports.

Tennessee: Student Loan Default Rate - Locally And Nationally - Going Down

"While declining default rates may be a good sign, it is only one piece of information when it comes to the national picture of student debt, said Brent Tener, director of student financial aid at Vanderbilt University and a former board member of the National Association of Student Financial Aid Administrators," Knoxville News Sentinel reports.




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