Access And Success Addressed At NASFAA’s Annual Conference

"Casual observers of the 2013 National Association of Student Aid Administrators conference in Las Vegas this summer may have felt as if they were seeing double, with all the talk of 'prior-prior year' income tax," University Business reports. "NASFAA released the results from its recent study examining whether using two-years’ prior income tax data on the federal student aid application could potentially provide students and their families with early award notification. That could be just the assurance they need that they can in fact afford a college education. The current window to apply for financial aid is a tight one, since most families don’t have their income taxes completed and filed by the time they submit the Free Application for Federal Student Aid. Preliminary results of the NASFAA study, funded by a grant from the Bill & Melinda Gates Foundation, indicate that moving to prior-prior year (PPY) could help families make good fiscal decisions earlier in the process. ... In [a conference] keynote, NASFAA President Justin Draeger led a group of thought leaders in a discussion about financial aid program funding and ideas for policy reform. During the session, Draeger announced the formation of a new task force that will develop standards of ethics for campus financial aid practices. ... The task force, a subgroup of NASFAA’s national board of directors, will update standards of ethical conduct and allow institutional-level financial aid administrators to tell other campus officials, if necessary, that a particular action is 'not in keeping with my profession’s ethical standards.'"

NASFAA's "Financial Aid in the News" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.