Press Releases: 2023 Archive
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NASFAA Statement on 2024-25 FAFSA Launch Date, Processing Delays
November 15, 2023 - The Department of Education today announced that the newly overhauled 2024-25 Free Application for Federal Student Aid, or FAFSA, will be open to students and families by December 31, 2023 -
Hundreds of Colleges and Universities Commit to Student Cost Transparency
September 26, 2023 - The College Cost Transparency Initiative today announced that more than 345 institutions have voluntarily committed to follow a set of principles and standards that ensure transparency, clarity, and consistency around student financial aid offers. -
NASFAA Publishes 2023 National Student Aid Profile
August 7, 2023 - The 2023 National Student Aid Profile provides a glimpse into shifts in the number of federal aid recipients, volume of awards, and more. -
NASFAA Statement on House Republicans’ 2024 Budget Proposal
July 28, 2023 - House Republicans last week advanced a spending plan for fiscal year 2024 that would cut education spending at levels well below what is required under the recent debt ceiling law. -
2023 NASFAA Awards Announced in San Diego
July 2, 2023 - Each year, NASFAA presents awards to deserving members of the financial aid profession and higher education community at the National Conference, with more than 2,000 student aid professionals from across the country in attendance. -
NASFAA Statement on Supreme Court’s Decision on Student Debt Cancellation
June 30, 2023 - The United States Supreme Court on Friday issued a highly anticipated and controversial opinion overturning the Biden administration’s student debt relief plan. -
NASFAA Statement on Supreme Court Race-Conscious Admissions Decision
June 29, 2023 - The Supreme Court has now ruled on the matter, and we must all respect and uphold the law of the land. However, we cannot ignore the fact that racial and ethnic gaps in college access and attainment persist, and these disparities must be addressed. -
Top Higher Education Officials to Speak at 2023 NASFAA National Conference
May 25, 2023 - Next month, hundreds of financial aid practitioners, researchers, and thought leaders will gather for an invaluable professional development opportunity that will arm them with the knowledge and skills to best assist college students and families. -
NASFAA Toolkit Will Help Prepare Student Loan Borrowers for Resumption of Repayment
May 8, 2023 - After more than three years, the federal government must be prepared to handle an influx of queries from the more than 40 million borrowers transitioning back into repayment, some of whom may have never made a student loan payment before. -
NASFAA Statement on the House Passage of Debt Ceiling Bill
April 26, 2023 - The House of Representatives on Wednesday voted to pass the Limit, Save, Grow Act of 2023, House Speaker Kevin McCarthy’s proposal to address the debt limit by cutting funding back to fiscal year 2022 levels and capping spending over the next decade. -
NASFAA Awarded Grant to Prepare Financial Aid Community for Pell Grant Eligibility for Incarcerated Students
April 20, 2023 - NASFAA, with support from Ascendium Education Group, this month kicked off an 18-month-long project to prepare the financial aid and prison education communities for the restoration of Pell Grant eligibility. -
NASFAA Urges Financial Aid Offices to Engage With Students During Financial Literacy Month
April 10, 2023 - Making smart choices with your money doesn’t stop with paying for college — students need to be educated about managing their financial lives outside of school, too. -
NASFAA Statement in Support of Student Loan Tax Elimination Act
March 29, 2023 - Student loan origination fees are a relic of bank-based lending and have created a complex and unnecessary financial burden for students. Eliminating them will decrease the cost of college for students. -
NASFAA Statement on FAFSA Implementation Timeline
March 21, 2023 - The Office of Federal Student Aid (FSA) announced a detailed roadmap for the release of the 2024-25 FAFSA and confirmed that the application will be launched in December 2023. -
NASFAA Statement on Biden's Fiscal Year 2024 Budget Proposal
March 9, 2023 - This proposal demonstrates a recognition of the primacy of need-based financial aid — and rightfully so, as we know that roughly two-thirds of Pell Grant recipients come from families earning less than $30,000 annually. -
NASFAA Survey Shows Significant Barriers to FAFSA Simplification Implementation Remain
February 27, 2023 - Many financial aid offices say they are facing notable challenges to a smooth implementation, are in need of more guidance, and do not feel prepared for the upcoming changes, according to results from a new NASFAA survey. -
NASFAA Statement on Potential Delay of FAFSA Launch Date
February 8, 2023 - The Office of Federal Student Aid did not commit to an Oct. 1, 2023, launch date for the 2024-25 FAFSA, and instead reiterated that the FAFSA will launch by Jan. 1, 2024, as is required by law. -
NASFAA Urges Higher Ed Community to Increase Outreach During Financial Aid Awareness Month
February 1, 2023 - Throughout the month of February, the National Association of Student Financial Aid Administrators (NASFAA) joins the higher education community to celebrate Financial Aid Awareness Month. -
NASFAA Statement on Department of Education Pandemic Relief Report
February 1, 2023 - Today’s data shows the powerful impact that need-based grant aid — even a small amount — can have for students on the brink of a financial emergency.