NASFAA
TODAY'S NEWS

today’s news for Thursday, October 15, 2020

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The College Board. College Board stands ready to assist the community as you respond to COVID-19 and deliver aid in new and different ways. Institutional Documentation Service (IDOC) allows families to submit documents via a secure file upload or mail and can be implemented in a few days during this time of displacement.

NEWS FROM NASFAA

Delisa Falks

Meet Delisa Falks. After graduating from college, Delisa knew she wanted to work at Texas A&M University and decided to apply for a job in the financial aid office. "I guess you can say 'the rest is history,'" she said, noting that she has worked in just about every area of the financial aid office throughout her more than 32 years in the profession. Delisa has been very active with her state financial aid association for many years and currently serves as the past president. Additionally, Delisa also served on and chaired her state's financial aid advisory committee. She has also been involved with the Coalition of State University Aid Administrators (COSUAA).

The Department of Education (ED) in a webinar on Wednesday made clear that the Quarterly Budget and Expenditure Reporting (QBER) for institutions that received money from the Higher Education Emergency Relief Fund (HEERF) must be submitted by Friday, October 30.

NASFAA UPDATES AND ANNOUNCEMENTS

Financial Aid Day is next Wednesday, October 21, followed closely by NASFAA Member Appreciation Day on October 24! Financial Aid Day (FAD), celebrated each year on the third Wednesday in October, is a special day set aside to celebrate and recognize the contribution of all financial aid professionals across the United States for helping students make their college-going dreams a reality. On FAD colleagues are encouraged to do something special — have an office party, a potluck, a toast, etc. — to celebrate our contribution to our profession. We realize it may be a bit tougher this year with so many folks working remotely. Do you have plans to celebrate the occasion? If so, tell us what you’re planning. Send your stories and pictures to news@nasfaa.org for the chance to have them shared on our Facebook page.

AskRegs

Yes. With a newly obtained FSA ID, an individual can participate fully in completion of the FAFSA online for the first time. This includes retrieval of data via the IRS DRT for those who are eligible to do so, as well as signing an original (first-time) FAFSA on the Web or on the MyStudentAid mobile app. NASFAA has confirmed this information with the U.S. Department of Education (ED). 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.

FAAC Logo

Are you interested in becoming certified, or do you know someone who would be a good candidate? The FAAC® designation helps validate the professionalism, competency, and credibility demonstrated by financial aid administrators across the country every day. To begin your path toward certification, first use the interactive tool to determine your eligibility. Next, get your supervisor and/or senior leadership on board by downloading and customizing our Justification Letter. Then, apply to sit for the certification knowledge exam! Have more questions? Check out the program FAQs for answers.

SOE

Due to the COVID-19 pandemic, NASFAA is temporarily offering remote Standards of Excellence (SOE) reviews. The SOE review offers an objective, confidential, peer review program that assesses your institution's administration of federal financial aid. Consumer Information Assessment reviews remain fully remote! Both reviews would be conducted completely via email, phone, and video conference. Complete our simple information request form to learn more about NASFAA's peer review services.

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