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The Department of Education (ED) completed another wave of upgrades to its federal student aid website over the weekend, which included implementing a loan simulator to help student borrowers compare repayment plans, and a pilot program to allow some to make loan payments directly through the site.
The number of presidential candidates continues to dwindle as more states hold their primary elections. Over the last few weeks, several Democratic candidates — including Andrew Yang, Sen. Michael Bennet of Colorado, Rep. John Delaney of Maryland, and former Massachusetts Gov. Deval Patrick — have dropped out of the race. Meanwhile, former New York City Mayor Michael Bloomberg released his official higher education platform, which included doubling the maximum Pell Grant, creating an incentive program for states to reinvest in higher education, and reinstating Obama-era gainful employment regulations. Catch up on all the latest and review updates for other candidates with NASFAA's 2020 Presidential Cheat Sheet.
Many financial aid administrators are uniquely qualified to lead enrollment management efforts at colleges and universities, but often those roles are filled from other areas of campus organization. Unfortunately, the training of financial aid professionals focuses so much on the rules that we rarely see ourselves as enrollment leaders who can work in the "gray." Join presenter Forrest Stuart, assistant vice president for financial aid at Lafayette College, for the Enrollment Management for Financial Aid Administrators webinar on March 11 at 2:00 p.m. ET, where he will share a brief history of enrollment management in colleges and universities and how financial aid administrators can "promote" their skills within the context of an enrollment management division, even if there is no official enrollment management division at your school. Register now.
You've determined that your school needs either a Standards of Excellence or Consumer Information Assessment peer review. Take a minute to go behind the scenes so you can learn what to expect before, during, and after a NASFAA peer review. Read on to learn more about the tasks your school will have to complete in the weeks prior to the review, who might be involved during the review, and when you can expect to receive your full report following the review.
On Feb. 24, 2020, the Department of Education distributed the FY 2017 draft cohort default rate (CDR) notification packages to all eligible domestic and foreign schools only.