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today’s news for Monday, June 19, 2017

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NEWS FROM NASFAA

The Department of Homeland Security (DHS) late Thursday night announced it would formally put an end to the Obama-era program intended to protect the undocumented parents of citizens or legal residents from deportation. But DHS said in the same memo – in a reversal of President Donald Trump's previous claims on the campaign trail – that it will continue the Deferred Action for Childhood Arrivals (DACA) program.

AskRegs

Learn the answer to this question and learn how to instantly find credible and reliable solutions to your most pressing regulatory and compliance questions with NASFAA's AskRegs Knowledgebase. The Knowledgebase guide and video tutorials highlight the many features of this tool.

In a newly-released paper from Tyton Partners, "Finding a Fit: The Evolution of Student-Centered Financial Aid," the authors outline the complications within the financial aid process, and how institutions, technology suppliers, and foundations can work together and make improvements to bring a more student-centered focus to financial aid. The paper suggests that institutions, for example, improve communications with students through different methods, expand financial aid education and training programs, and simplify the way financial aid awards are communicated. Read the full paper and the other recommendations.

This year, on the final day of the national conference, attendees will have four exciting sessions to pick from. Two in-person NASFAA U courses will be offered and attendees will receive a voucher for the associated credential test free of charge. Those interested in what’s happening in Washington, D.C., NASFAA’s most recent policy work, and predictions on where student aid is headed next may opt to attend the Inside the Beltway session. And those interested in improving their leadership skills may find the interactive workshop on Building and Maintaining Effective Teams to be of interest. Head to the conference website to learn more about Thursday's programing.

U.S. DEPARTMENT OF EDUCATION

The Department has announced the availability of Volume 2 – School Eligibility and Operations of the 2017-2018 Federal Student Aid Handbook.

Under §668.164(e)(2)(vii) and §668.164(f)(4)(iv), by September 1, 2017, any institution with a Tier one (T1) arrangement, and/or a Tier two (T2) arrangement that meets or exceeds the credit balance thresholds under §668.164(f)(2)(ii) must post on its website T1 and/or T2 contract data pertaining to the total consideration paid or received by the contracting parties under the arrangement for the most recently completed award year.

The COD Processing Update provides information related to COD System processing and includes the following sections: COD News and Updates, Current Issues (with a subsection for All Programs, Direct Loans, and Grants), and Reminders.

On June 16, 2017, the Department published a notice in the Federal Register announcing its  intent to establish two negotiated rulemaking committees to prepare proposed regulations to (1) revise the gainful employment regulations published by the Department on October 31, 2014, and (2) revise the regulations on borrower defenses to repayment of Federal student loans and other matters, published November 1, 2016, and the authority of guaranty agencies in the Federal Family Education Loan (FFEL) Program to charge collection costs to a defaulted borrower who enters into a repayment agreement with the guaranty agency.

x - HEADLINES

National News

"The Department of Veterans Affairs is agreeable to extending Post-9/11 GI Bill benefits to more servicemembers and their families, providing Congress can find the additional funding, a VA official testified Thursday," Stars and Stripes reports.

"The accrediting agency for the Southern United States has granted initial accreditation to Bob Jones University, another step in a years-long process by the Christian institution -- which has a long history of discrimination -- to try to join the higher education mainstream," Inside Higher Ed reports.

"An exchange in January between President Trump's then-nominee to lead the Education Department, Betsy DeVos, and Sen. Elizabeth Warren, Democrat of Massachusetts, caught national attention. The moment was fraught with tension, as Ms. Warren grilled the philanthropist on her credentials to be the nation's top education officer during a tumultuous confirmation hearing," The Chronicle of Higher Education reports.

State News

"The free public college movement crept into another state Thursday when the University of Michigan rolled out a new program offering four years of free tuition in Ann Arbor for full-time in-state undergraduates with family incomes up to $65,000 per year," Inside Higher Ed reports.

Blogs & Think Tanks

"President Donald J. Trump signed an executive order Thursday that aims to create a new channel of approval for apprenticeships. He is calling on Congress to commit $100 million in new money to the initiative, and expand the allowable uses of student financial aid so students can use the support for 'earn while you learn' programs," according to Education Week's High School & Beyond blog. NASFAA's Karen McCarthy is quoted.

"Yesterday, Secretary of Education Betsy DeVos announced that the Trump Administration would be revisiting the Obama-era gainful employment (GE) regulations finalized in 2014," Ben Barrett writes for New America. "This news has many worried that the Department of Education (ED) will completely defang these important measures in the coming year. By weakening GE requirements, which hold career training programs accountable for the amount of debt students take on relative to their income after graduation, ED could cost taxpayers over a billion dollars and will remove critical protections for borrowers. But how much would it cost failing programs to pass ED's gainful employment benchmark?"

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