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today’s news for Thursday, December 6, 2018

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NEWS FROM NASFAA

Data released this week by the National Center for Education Statistics contain new information on graduation rates, student financial aid, and admissions, finding about 83 percent of the 1.2 million students attending four-year institutions in 2016-17 were awarded financial aid. About 74 percent of the 620,000 students in two-year institutions received financial aid. For students at public four-year institutions, average cost was approximately $19,800 and net price was about $12,600, the data found. At private nonprofit four-year institutions, average cost was roughly $40,600 and net price was about $22,800, and for students attending private for-profit four-year institutions, average cost was approximately $27,900 and net price was about $21,700. Read the full report for more information on graduation rates and admissions.

AskRegs

Wondering what the difference is between a retroactive payment and a late disbursement? What about how to verify rollovers of IRA, pension, and annuity distributions? Take a look back at last month's most viewed AskRegs Q&As. If you have a question that's not on the list, you can find a credible and reliable answer in the AskRegs Knowledgebase by browsing or searching the answers provided by our Training and Regulatory Assistance staff. If you can't find the answer, you may submit your question by clicking the "Ask a New Question" button.

NASFAA UPDATES AND ANNOUNCEMENTS

Every year, NASFAA recognizes outstanding members and other higher education stakeholders for their achievements and contributions to financial aid, students, and/or NASFAA. Award winners will be announced in June at the 2019 NASFAA National Conference in Orlando, FL. Nominations are due Feb. 15, 2019. Submit your nominations online today.

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