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As college costs rise, some institutions are expanding lending options to include income share agreements. Colorado Mountain College launched its new financial aid initiative called Fund Sueños (the Dream Fund) on Sept. 20, 2018. “Fund Sueños was created primarily for our DACA students in Colorado,” said Shane Larson, vice president of student affairs.

A dozen Republican governors sent a letter to the leaders of the Senate committee tasked with reauthorizing the Higher Education Act (HEA) last week, urging them to expand Pell Grant eligibility to incarcerated students and students in short-term training programs.

As we move toward the next reauthorization of the Higher Education Act, NASFAA, through a grant-funded project, is further exploring ways to make the FAFSA and overall federal aid application process more efficient for students and families. The FAFSA Simplification Working Group met last week for the first time to begin examining how new federal tax forms change NASFAA’s current FAFSA simplification proposals. The group is tasked with developing recommendations to be incorporated into a final paper written by NASFAA staff and compiling a set of proposals that will be reviewed for approval by NASFAA’s Board of Directors. 

It depends. According to guidance NASFAA has received from the Department of Education (ED), a copy of the tax return is acceptable to complete verification if it shows at least the last four digits of the Preparer Tax Identification Number (PTIN) or Employer Identification Number (EIN). Otherwise, it is not acceptable. The same is true for IRS tax transcripts or any other IRS tax documents. 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.

The Title III, Part A Native American-Serving Nontribal Institutions Program provides grants and related assistance to Native American Serving-Non Tribal Institutions to enable such institutions to plan, develop, undertake, and carry out activities to improve and expand such institutions' capacity to serve Native American and low-income individuals. In accordance with the Paperwork Reduction Act of 1995, ED is proposing a reinstatement of a previously approved information collection. Interested persons are invited to submit comments on or before Nov. 4, 2019.

Per the United States Code at least one member of the NACIQI must be a student who, at the time of the appointment by the Secretary of Education, is attending an institution of higher education. Nominations must be received no later than Friday, Oct. 25, 2019.

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