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today’s news for Tuesday, November 17, 2020

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NEWS FROM NASFAA

During the last week of October, NASFAA held its first-ever virtual Advocacy Pipeline, during which five members representing graduate and professional (G/P) schools met with congressional staffers. While in-person meetings on Capitol Hill came to halt in March, the virtual pipeline allowed the financial aid community to continue participating in direct advocacy despite the ongoing pandemic. This is the fifth year that NASFAA has hosted the "G/P Hill Day" advocacy event, focused specifically on student aid issues impacting graduate and professional students. We asked the advocacy pipeline participants to share their thoughts and takeaways. Read on to learn about their experiences, and fill out an interest form if you would like to participate in a virtual advocacy pipeline.

NASFAA UPDATES AND ANNOUNCEMENTS

AskRegs

This AskRegs Knowledgebase Q&A was updated on November 13, 2020 to include guidance for schools that want to transfer Federal Work-Study (FWS) funds into their Federal Supplemental Educational Opportunity Grant (FSEOG) funds and award them as FSEOG for spring 2021 before December 31, 2020. 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.

Webinar Logo

Do you find aspects of administering Title IV aid for clock-hour programs alarming? Don't hit snooze on this one. Join NASFAA's Lissa Powell and David Tolman, at 2:00 p.m. ET, tomorrow, November 18, 2020 — along with a panel of colleagues from schools offering clock-hour programs — as we discuss the most timely guidance to help ensure no alarms go off during your next audit or review. Register now to secure your spot.

U.S. DEPARTMENT OF EDUCATION

Forward progress continues on the Next Gen FSA initiative and StudentAid.gov, our single front door on the web for students, parents, and borrowers. On Nov. 8, 2020, the Department of Education made additional updates to features designed to improve the information and self-service tools available to our customers. These updates continue to provide students, parents, and borrowers with clear, actionable information about the aid they have received and personalized guidance on the loan repayment process. This announcement summarizes new and updated features that are now available.

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