Today's News

Today's News for Wednesday, October 22, 2014 
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Financial Aid TV (FATV): Educating students and supporting staff for 10 years! Over 3 million online videos watched this past year. Plug and play technology that is easy to customize and simple for schools to implement. Available 24/7. For a school demo or estimate, email or call 888-704-9090 or visit


Share Your High School Financial Literacy Collaboration Efforts

How are you promoting financial literacy in your community? For an upcoming Today's News article, we're looking for financial aid administrators or high school counselors who are working together to educate local students on college access and financing topics. Please email to share. Thank you!

RTI Unveils Online Tool To Measure Community College Students' Progression

Given the focus on outcomes and accountability, particularly as it relates to financial aid eligibility, community colleges will continue to play a significant role in labor and workforce development in the U.S. But better data is needed to help measure students' progress and success, a panel of higher education advocates said during an RTI International event on Tuesday.

One Small Step For Man, One Big Step For NASFAA

"First there was the lunar landing. Then there was the Student Aid Index," one NASFAA member recently proclaimed. We can't send you into orbit, but, with the help of the Student Aid Index, we can make sure all the financial aid information you need is at your fingertips! Explore the tool for student aid subjects and terms with direct links to legislation, regulation, Dear Colleague Letters, and other ED and NASFAA references. This simple-to-use online tool is mobile friendly and available only to NASFAA members, so check it out now!

Submit Interest Session Proposals For The 2015 National Conference By Oct. 31

Help us gear up for our conference in The Big Easy! NASFAA’s 2015 Conference Program Task Force is requesting interest session proposals for the 2015 NASFAA National Conference, set for July 19 - 22, 2014 at the Hyatt Regency in New Orleans, LA. Check out the guidelines for submitting a proposal for a 60-minute interest session, then use the online submission form to submit your session. The Task Force is seeking session proposals on the following topics: Compliance, Enrollment & Retention, Graduate and Professional Issues, Leadership/Managers, and Research & Data Analysis.

Don't Miss The October 29 Webinar on Reporting Untaxed Income on the FAFSA

Confusion over how to correctly report untaxed income on the FAFSA often results in students and families either reporting income that should not be included, or failing to report income that should be included. Tune into NASFAA’s October 29 webinar for a review of the untaxed income information required on the FAFSA. School panelists will share their approaches to special situations they have encountered when determining what should or should not be included as untaxed income. The webinar is offered at a rate of $115 for members, $230 for non-members, and at no additional fee for webinar package purchasers. Register today! 


10-21: HEAL Program Information - ED HEAL Program Forms Now Available for HEAL Lenders and Lender Servicers to Use

As explained in a July 2, 2014 Electronic Announcement posted on the Information for Financial Aid Professionals (IFAP) Web site, the Health Education Assistance Loan (HEAL) Program was transferred from the U.S. Department of Health and Human Services (HHS) to the U.S. Department of Education (ED) on July 1, 2014, as required by the Consolidated Appropriations Act, 2014 (Pub. L. 113-76). ED is now responsible for managing the servicing of non-defaulted HEAL Program loans and the collection of defaulted HEAL Program loans.


Comment Request: Employment Certification for Public Service Loan Forgiveness

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.


National News

Ability To Benefit, Again?

"A bipartisan group of federal lawmakers wants to bring back financial aid for college students who do not hold a high school diploma or its equivalent, like a GED," Inside Higher Ed reports.

Why Does Grandma Still Buy EE Savings Bonds?

"Savings bonds that double in value every seven or eight years ... have gone the way of encyclopedia salesmen, eight-track tapes, and rotary telephones," TIME reports.

For-Profit Colleges Get Harsh Grades By Former Students

"[T]he US Department of Education estimated that 72 percent of the for-profit programs at 7,000 schools produced graduates who on average earned less than high school dropouts," The Boston Globe reports.

State News

California: Advisors Work To Freeze 'Summer Melt,' Get Students To College

"Researchers focusing on summer melt estimate that between 10% and 30% of students from some urban high schools who register for colleges wind up not starting fall classes at those campuses. That occurs even though many are headed to low-tuition community colleges," The Los Angeles Times reports.

Ohio: Tom Hanks Helps Wright State University With Fundraising Drive

"In his latest starring role, Tom Hanks is the leading man in a $150 million fundraising campaign for Wright State University," The Columbus Dispatch reports.

Ohio: Hiram College Proposes Program In Which Businesses Sponsor Students: Higher Education Roundup

"Hiram College is seeking funds and support for a new program that would link incoming students with local businesses, which would provide jobs after graduation," The Plain Dealer reports.


Commentary: The Completion Conundrum

"In August my colleagues and I were told in a faculty meeting that if we didn't make sure our students graduated then we weren't serving them well. With all due respect, that's nonsense," Rob Jenkins, associate professor at Georgia Perimeter College, writes for The Chronicle of Higher Education.

Guest Commentary: Making The DREAMers' Academic Dreams A Reality

"The University of La Verne this year partnered with TheDream.US - a national scholarship organization that provides aid to undocumented students," Diane Anchundia writes for the Los Angeles Daily News.

Commentary: College Debt May Not Be a PLUS for Parents

"The U.S. Department of Education will soon loosen the credit standards for parents looking to borrow to pay for college under the parent PLUS loan program," Zac Bissonnette writes for Bloomberg View.




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