today’s news for Thursday, April 20, 2017

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It's a fraction of the total funding the federal government doles out in federal student aid, but still billions of dollars are being allocated to institutions with extremely poor student outcomes, according to a memo from Third Way, a centrist think tank based in Washington, D.C.

The Department of Education (ED) has posted a draft of the 2018-19 Paper Free Application for Federal Student Aid (FAFSA) and other related documents (e.g., Paper Student Aid Report). The documents can be found under Forms and Instructions in the docket on the website.

NASFAA receives many requests each year for consumer information checklists. However, given the range of school sectors and school types, one size does not fit all. We invite you to share your consumer information checklists with your NASFAA colleagues. We will publish checklists received and make them available to the membership to use as examples. Take this opportunity to share what you do to stay on top of consumer information disclosure requirements.

The NASFAA National Conference offers a variety of learning formats — interest sessions, peer to peer sessions, and workshops — to maximize your educational experience. See the full schedule of activities, posted on the conference website under the "Learn" tab. Use the "Search Schedule" tab to search for sessions by typing in keywords, a presenter's name, or the title. Looking for a favorite speaker? Search the alphabetical Speaker List. The conference is packed with "must attend" sessions — register today


Based on feedback from users and financial aid professionals, on May 14, 2017 the Department will implement several enhancements to improve the FSA ID experience.

The Department has updated the record layout for the National Student Loan Data System (NSLDS) School Portfolio Report. This report provides a school with information about all William D. Ford Federal Direct Loan (Direct Loan) and/or Federal Family Education Loan (FFEL) program loans associated with its school code.


NCES is announcing revisions to the confidentiality pledge(s) it provides to its respondents under the Confidential Information Protection and Statistical Efficiency Act (CIPSEA) and under the Education Sciences Reform Act of 2002 (ESRA 2002). These revisions are required by the passage and implementation of provisions of the Federal Cybersecurity Enhancement Act of 2015, which permits and requires the Secretary of Homeland Security to provide Federal civilian agencies' information technology systems with cybersecurity protection for their Internet traffic.


National News

"The nation's largest student loan servicing company Tuesday said it is on the verge of growing even bigger — but tempered the news by reporting earnings that missed Wall Street forecasts," according to USA Today.

State News

"It's impossible to examine state higher education finances in 2016 without separating the collapse in Illinois from a more nuanced picture across the rest of the country," Inside Higher Ed reports.

"A record number of students are going to college directly after high school and they are showing up more prepared once they get there according to two recent reports from the Tennessee Higher Education Commission (THEC)," Clarksville Online reports.

Blogs & Think Tanks

"Secretary of Education Betsy DeVos has been sending some chilling signals lately about how she plans to deal with America’s $1.3 trillion student debt burden," Slate's MoneyBox reports.





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