Facebook Campaign Seeks to Save Student Aid
FOR IMMEDIATE RELEASE
Contact: Haley Chitty
Director of Communications
Student groups, financial aid administrators launch Facebook campaign to oppose student aid cuts
Washington, D.C. -- February 22, 2011 -- The National Association of Student Financial Aid Administrators (NASFAA), the U.S. Public Interest Research Group (US PIRG) and the U.S. Student Association (USSA) have launched a Facebook campaign (Facebook.com/SaveStudentAid) to oppose legislation that would cut college students' federal student aid for the upcoming academic year.
The U.S. House of Representatives passed a stop-gap spending bill (H.R. 1) on Saturday that would slash 2011-12 Pell Grant awards by more than 15 percent, reducing the maximum award from $5,550 to $4,705 -- a $845 cut. The Pell Grant program is the cornerstone of the federal student aid system that provides grants to 9.4 million low- and moderate-income undergraduates to pay for college and graduate into the workforce. These students are currently receiving financial aid packages from colleges and universities based on a $5,550 maximum Pell. If Congress cuts funding for Pell Grants, aid packages would be revised, cutting the average Pell award by $785 and eliminating grant access for hundreds of thousands of students.
"By threatening to cut student aid funding, Congress is creating financial uncertainty for the nation's most vulnerable students and families -- those who are already struggling to pay for college," said NASFAA President Justin Draeger. "If Congress cuts Pell Grants now, low and moderate income students and families will have little time to figure out how to come up with the additional funds they'll need to pay for college. In the best-case scenario, impacted students would be forced to take on additional student loan debt; in the worst-case they could delay -- or even abandon -- their college aspirations."
"The proposal to cuts Pell aid for next academic year couldn't come at a worse time," said Rich Williams, higher education advocate for U.S. PIRG. "Right now our high schools best and brightest seniors and current college students are deciding if they can afford college next year. The proposed cuts will discourage millions of students from pursuing college training and graduating at a time when our economy demands more highly skilled workers."
NASFAA, U.S. PIRG and USSA encourage students and families to join the Save Student Aid Facebook campaign to let lawmakers know the importance of Pell, and what would happen if Congress cut their grant. Check out the campaign online at http://www.facebook.com/SaveStudentAid.
The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents nearly 20,000 financial aid professionals at 2,800 colleges, universities, and career schools across the country. Each year, financial aid professionals help more than 16 million students receive funding for post secondary education. Based in Washington, D.C., NASFAA is the only national association with a primary focus on student aid legislation, regulatory analysis, and training for financial aid administrators. For more information, visit http://www.nasfaa.org.
About U.S. PIRG
The federation of state Public Interest Research Groups, is a non-profit, non-partisan public interest advocacy organization. For more information, visit http://www.uspirg.org. For more on U.S. PIRG's Affordable Higher Education Campaign, visit http://www.uspirg.org/higher-education.
The United States Student Association, the country's oldest and largest student-led organization, represents over 4.5 million students at over 400 campuses across the nation. We work to develop current and future leaders and amplify the student voice at the local, state, and national levels by mobilizing grassroots power to win concrete victories on student issues. For more information about USSA, visit http://www.usstudents.org.
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- Press Releases
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Feb. 27, 2014 - Over the next few months, eager students across the country will tear open college acceptance letters announcing their options for the 2014-15 school year. They’ll also get financial aid award letters, helping to shed some light on how much college will cost. Amid the excitement of educational possibilities, college students will need to carefully evaluate their financial aid packages and consider whether to assume educational debt. Not every student who borrows to pay for college ends up with an insurmountable debt load. In fact, most don’t. The National Association of Student Financial Aid Administrators (NASFAA) advises these six steps to help students find a healthy amount of debt for them.
- Statement on President's FY2012 Budget Request
- Feb. 14, 2011 - NASFAA President Justin Draeger issued this statement in response to President Barack Obama's fiscal year (FY) 2012 request.
- Student Aid in Obama's 2013 Budget Request
- Feb. 10, 2012 -- The Obama administration plans to kick off the Fiscal Year (FY) 2013 budget process on Monday by releasing the President's FY2013 Budget Request. Administration officials have said that the FY13 Budget request will include additional details about the college affordability policy proposals mentioned by President Obama in his recent State of the Union address. Here's what we'll be looking for in the budget request.
- Student Loans, Gainful Employment, Consumer Disclosure & Financial Literacy Among Hot Topics At NASFAA’s 2014 National Conference
- April 28, 2014 – Media covering issues related to planning and paying for college will want to save the date for the 2014 National Association of Student Financial Aid Administrators (NASFAA) conference, held June 29 – July 2, 2014 at the brand-new Music City Center, located in the heart of vibrant downtown Nashville.
- Students Negatively Impacted by Strained Financial Aid Offices
- Feb. 7, 2011 - Financial aid offices and the student services they provide are being strained by increasing regulatory and administrative burdens, according to our recent survey.
- Tax Day is April 15: NASFAA Guide Helps Families Understand Education Tax Benefits & Make the Most of Their Return
- March 28, 2013 -- Looking forward to a big tax return this year? Or seeking ways to reduce the amount you shell out to Uncle Sam? The National Association of Student Financial Aid Administrators (NASFAA) has released a new, free Tax Benefits Guide for Tax Year 2012 designed to help students and families navigate the sometimes thorny task of determining which higher education tax benefits you qualify to receive—and which will secure you the maximum return on April 15. The federal government provides roughly $19 billion in tax savings every year.
- Test Your Financial Literacy With These 5 Financial Aid Myths and Facts
April 16, 2014 - In Honor of April as Financial Literacy Month, NASFAA Dispels Award Letter Misconceptions Washington, DC – April 16, 2014 – In honor of Financial Literacy Month, the National Association of Student Financial Aid Administrators (NASFAA) is dispelling commons myths about
- Undocumented Students: What's the Policy Environment in Your State?
July 11, 2012 -- The National Forum on Higher Education for the Public Good and NASFAA has created resources to help aid administrators determine their state's policies on undocumented students in higher education and to increase access to higher education for this student population.
- Vital Higher Education Financing Issues To Be Examined At NASFAA Conference In Nashville
- June 19, 2014 – Nearly 2,500 financial aid professionals will gather June 29 at the Music City Center in Nashville, Tenn. to discuss ways to tackle some of the most pressing issues facing students, including ways to pay for college and manage student debt.
- Web Marketing Association Names NASFAA.org 'Best Association Website' of 2011
- April 8, 2011 - The newly redesigned NASFAA.org receives a second prestigious award.