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TODAY'S NEWS

today’s news for Monday, November 6, 2017

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CampusLogic. Did you know you need to engage with students at least seven times to get them to act? It’s a crowded, social world with everyone vying for attention. Break through the noise with CampusLogic. Help make your communications stick with the tips and suggestions in this infographic.

NEWS FROM NASFAA

NASFAA Welcomes Megan Walter to the Policy & Federal Relations Team

 Megan Walter

NASFAA's Policy and Federal Relations team is excited to welcome its newest team member, Megan Walter. Megan, who holds bachelor's degrees in both French and Russian and a master's degree in higher education, will work in NASFAA's Washington, DC office as a policy analyst. She most recently worked in the financial aid office at the University of Cincinnati as a program manager for grants and reconciliation. Join us in welcoming her to the NASFAA staff.

Do proactive college preparation outreach efforts made by high schools, colleges, and access organizations have an impact on college enrollment? In an article in the latest issue of the NASFAA's Journal of Student Financial Aid, Ben Castleman, Katharine Meyer, Zach Sullivan, Doug Hartog, and Scott Miller analyze the impacts of nudging students to file financial aid forms and determine colleges and universities have an important role to play in outreach to applicants. Read the full article, which includes outreach recommendations for practitioners, and others in the latest issue of JSFA.

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.

Webinar Logo

Register today for Thursday’s complimentary webinar to hear first-hand from current financial aid administrators not only how to avoid costly fines, but why schools need to have peer reviews. (Here’s a sneak peek: We can find things your auditor may miss.)

U.S. DEPARTMENT OF EDUCATION

A mandatory patch for the EDconnect software is now available for download on the Federal Student Aid Download (FSAdownload) website. Users must install the EDconnect 8.x patch by November 30, 2017 in order to maintain access to the application. A user guide is included in the software patch download file to assist users with installation.

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.

x - FEDERAL REGISTER

The regulations in 34 CFR 682.302(f) assure the Secretary that the integrity of the program is protected from fraud and misuse of funds. These regulations require a State, not-profit entity, or eligible lender trustee to provide to the Secretary a certification on the State or non-profit entity's letterhead, signed by the State or non-profit's Chief Executive Officer, which states the basis upon which the entity meets the regulations.

x - HEADLINES

National News

"The Republican tax bill unveiled Thursday amounts to a 'tax on education,' according to one North Carolina college administrator," McClatchy DC reports. NASFAA's Megan Coval is quoted in this article.

"Colleges and higher ed lobbyists are refining their attacks against House Republicans' proposed tax overhaul, taking aim at provisions that would significantly affect institutional operations as the tax plan goes under the microscope," Inside Higher Ed reports.

"In an interview with Politico, Betsy DeVos, the education secretary, falsely suggested that the federal government had taken control of the student-loan market to help pay for the administration of the Affordable Care Act," The Chronicle of Higher Education reports.

"As the child of a divorced, unemployed mother, Shira Eisenberg learned to get by, she says, 'on the kindness of strangers.' But even she was surprised when she arrived at the University of Chicago and was told that if she jumped through a few hoops, like going to seminars on how to behave at a job interview, she would be guaranteed a paid internship, financed by the university if no other source of money was available," The New York Times reports.

"The sweeping tax overhaul released by House Republicans Thursday would kill or limit key benefits for many colleges, students and borrowers paying off student loans," Inside Higher Ed reports.

Blogs & Think Tanks

"College may be expensive, but a college degree allows you to recoup your investment by landing a higher-paying job that allows you to pay back your loans in a timely fashion... or does it? The skyrocketing costs of college in recent years, combined with a rough job market, have thrown that basic premise into question," according to MoneyTips.

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