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The Department of Education (ED) in a federal register notice on Wednesday announced the beginning of its 60-day comment period for Gainful Employment and Financial Value Transparency reporting requirements. ED is looking for public comments to address the following issues: (1) is this collection necessary to the proper functions of the Department; (2) will this information be processed and used in a timely manner; (3) is the estimate of burden accurate; (4) how might the Department enhance the quality, utility, and clarity of the information to be collected; and (5) how might the Department minimize the burden of this collection on the respondents, including through the use of information technology. Comments can be submitted through ED’s notice.

The American Council on Education (ACE) is currently conducting an anonymous survey of senior financial aid officers and college leaders to assess institutions’ readiness to process 2024-25 FAFSA data. According to ACE, the purpose of the survey is to assess institutions’ upgrade to their Student Aid Internet Gateway (SAIG) software, and their ability to adequately process the Institutional Student Information Records (ISIRs), once they are received. All publicly shared information will be anonymized and aggregated by select institutional characteristics. The survey should take approximately 5-7 minutes to complete and the deadline is this Friday, February 23, at 11:59 p.m. ET.

Well-Being in Higher Education week is quickly approaching. During the week of February 26 be sure to join your colleagues for a virtual webinar series that will aim to raise the literacy for well-being among participating higher education professionals. NASFAA members can sign up for any of these free sessions on the schedule, with two events being hosted by our members. On February 27, Heidi Carl, Art Young, and Susan Shogren will explore the importance of emotional intelligence as a professional skill foundational to both individual and community well-being. Then on Friday March 1, Philip Hawkins and Joe Dobrota will share strategies and systems for how to prioritize mental health to more fully focus on serving students. Learn more and explore the schedule.

NASFAA, with its partner Blue Icon Advisors, is working closely with the Department of Education to help under-resourced institutions get ready to receive and review ISIRs in March. We need experienced financial aid professionals to serve as an emergency corps of consultants for remote assignments. If you are interested in learning more about this unique, paid opportunity, please read more and complete the online interest form today.

Schedule your exam now for March or April to take advantage of your knowledge of current Title IV regulations before the Certified Financial Aid Administrator® Knowledge Exam is updated for the 2024-25 award year as of May 1, 2024. Once certified, you never have to take the exam again as long as you recertify based on earning points for continuing to learn! Learn more about the testing process, apply online, and utilize candidate resources to review for the exam. Just be sure to prepare for the right award year based on the date you will take the exam, even if you purchase before the transition date. 

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