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It is with great sadness we announce the passing of longtime financial aid advocate and friend Kenneth Wooten. Ken, who served for many years as the registrar and dean of admissions at the University of Mississippi, was the first to hold the official title of president for the National Student Financial Aid Council, the precursor to NASFAA. Even after retiring, Ken remained actively involved with NASFAA, attending all five of the NASFAA member retiree group reunions and joining us at the 2016 NASFAA National Conference in Washington, D.C. to celebrate NASFAA's 50th anniversary. Ken was instrumental in laying the groundwork to make NASFAA what it is today. Our sincerest condolences and best wishes go out to Ken’s family and friends. He will remain in our thoughts.

Want to get a better idea of what the Free Application for Federal Student Aid (FAFSA) your students will be completing for the upcoming school year will look like? Join NASFAA's Lissa Powell and Tiffany Gibbs at 2:00 p.m. ET on Wednesday, September 12, for the NASFAA Webinar, 2019-20 FAFSA: A Brave New World. During this webinar, the presenters will review which items are changing and which are staying the same on the 2019-20 FAFSA, and take a look at the newly-released FAFSA app. Register now.

NASFAA is looking for a reliable and experienced professional to join our team as a NASFAA U Instructor. Primary responsibilities of this position include developing and updating content for NASFAA U facilitated online courses, facilitating live class instruction, creating course videos and other related supplemental materials, and providing regulatory assistance to members via AskRegs. This position requires a minimum of seven years of recent financial aid experience working in a financial aid office. Applications from remote applicants will be accepted. Applications are due Sunday, July 7, 2019.

In calculating quarterly Special Allowance rates, the Department is required to determine “the average of the bond equivalent rates of the quotes of the 3-month commercial paper (financial) rates in effect for each of the days in such quarter as reported by the Federal Reserve in Publication H-15 (or its successor) for such 3-month period.”   For the quarter ending June 30, 2018 the average rate used to compute special allowance will be 2.21 percent.

This provides notice of the re-establishment of the matching program between the U.S. Department of Education and the Social Security Administration. 

The Department published amendatory language for these regulations to correct a technical error. 

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