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This week on "Off The Cuff," Justin, Stephen, Megan, and Joelle discuss a new endorsement of FAFSA simplification and Higher Education Act (HEA) reauthorization from Ivanka Trump—and what that might mean for White House priorities. The group also unpacks a new report that found the Office of Federal Student Aid failed to hold federal loan servicers accountable for being out-of-compliance with federal standards during both the current and prior presidential administrations. Plus, Stephen and Joelle recap the issues brought up during negotiated rulemaking subcommittee meetings earlier this week on TEACH Grants and distance education, and Megan details the continuation of an experimental program to allow prisoners access to Pell Grants. Skip to 7:20 to get right to the policy discussion.
The Department of Education’s (ED) Office of the Inspector General (OIG) released a report Thursday that found a host of issues regarding the Office of Federal Student Aid’s (FSA) oversight of federal student loan servicers. OIG conducted the audit of FSA’s practices to review how FSA responds to risk, and its policies and procedures for monitoring servicer compliance with federal regulations between January 2015 through September 2017.
NASFAA's 2019 Leadership & Legislative Conference & Expo kicks off February 25 in Washington. D.C. Don't miss out on the chance to join your colleagues from around the country to network, share best practices, and grow as a leader within the financial aid profession. There are still spaces available for the New & Aspiring Aid Directors and Association Management pathways. Online registration closes today at 5:00 p.m. ET; register now to reserve your spot!
Every year, NASFAA recognizes outstanding members and other higher education stakeholders for their achievements and contributions to financial aid, students, and/or NASFAA. Nominate your colleagues for awards such as the Gold Star Award, the Robert P. Huff Golden Quill Award, and the Allan W. Purdy Distinguished Service Award, among others. Award winners will be announced in June at the 2019 NASFAA National Conference in Orlando, FL. Today is the final day to submit a nomination; submit yours now.
The NASFAA U Federal Pell Grant and IASG online course opens to participants today. The first live class is Tuesday. Don’t miss out on this opportunity to learn from NASFAA U instructors, practicing aid administrators, and colleagues to ensure your compliance in administering Title IV aid. Whether you are new to financial aid or need a refresher, this is the training opportunity for you. Limited seats remain; register now.
Federal Student Aid announced new functionality in FAA Access to CPS Online and a new procedure to assist financial aid administrators with the third-step verification process. This functionality will be implemented on Feb. 17, 2019.