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TODAY'S NEWS

today’s news for Thursday, March 14, 2019

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NEWS FROM NASFAA

Following their counterparts in the Senate, the House Committee on Education and Labor on Wednesday kicked off its Higher Education Act (HEA) reauthorization efforts with a nearly four-hour hearing that ran the gamut of topics on college cost and affordability, from income-share agreements and student debt, to risk-sharing proposals and investing more in need-based aid programs.

NASFAA UPDATES AND ANNOUNCEMENTS

Reminder: The Clock is Ticking to Appeal FY 2016 Draft Cohort Default Rates

As a reminder, draft cohort default rates (CDRs) have been released and schools have a fixed timeline to make appeals for any needed adjustments. You may challenge the accuracy of the data included on the loan record detail report by sending a challenge to the relevant data manager, or data managers, within 45 days after you receive the data. All Incorrect Data Challenges (IDC) must be made through the eCDR Appeals application. For more information on CDRs, what must be included in IDCs, and default management, refer to NASFAA's Student Aid Index.

 NASFAA 2019 Conference Logo

Want to attend the 2019 NASFAA National Conference in Orlando, but not sure how to get your supervisor onboard? NASFAA has created a toolkit of easily customizable letters and worksheets to help your manager understand the return they will see on this important investment in your professional development. Check out these resources today and register by April 26 to take advantage of early-bird pricing.

AskRegs

No. If the course is not required for completion of the student's academic program, it is an ineligible course. You cannot include an ineligible course in the student's enrollment status or cost of attendance (COA), and you cannot award Title IV funds to pay for the course. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

As our members, you are the lifeblood of our association and we're eager to know more about you. Please log in to your myNASFAA account and click the Demographic Information tab to update the general, professional, institutional, and additional information sections of your myNASFAA profile. Don't forget to hit "Save" at the bottom. NASFAA members who have their birthdates listed will be automatically entered into a raffle each month to win a great NASFAA prize. A new winner will be announced in Today's News during the first week of each new month. The raffle prize this month is a complementary registration to the 2019 NASFAA National Conference. Log in to your myNASFAA profile now to update your information.

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