Today's News

Today's News for Wednesday, August 27, 2014 
 
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Financial Aid TV (FATV): Educating students and supporting staff for 10 years! Over 3 million online videos watched this past year. Plug and play technology that is easy to customize and simple for schools to implement. Available 24/7. For a school demo or estimate, email demo@financialaidtv.com or call 888-704-9090 or visit http://www.financialaidtv.com.


NEWS FROM NASFAA

Poll the Pros: What Presents The Biggest Challenge For Your Office As Students Return To School?

As students head back to school for the start of the fall semester, aid offices are faced with many competing priorities. Please take a second to complete this poll to let us know what you see as the biggest challenge at this time of year. Once you've submitted your answer you'll be able to see how your office compares to that of your peers. Take the poll now! 

Find Student Loan Refinancing Implications In Your State

Generation Progress is out with 50 fact sheets-one for each state-on the effects student loan refinancing would have on indebted residents. Each fact sheet includes national and state-specific student loan statistics, including the average debt load for 2012 bachelor's degree graduates ($29,400), how many indebted residents live in a particular state, and the state's total student loan debt.

Save the Date: 2015 NASFAA Leadership & Legislative Conference & Expo

Mark your calendars - NASFAA's revamped Leadership & Legislative Conference & Expo will take place March 1-3, 2015, in Washington, D.C.! The Conference & Expo is a newly expanded, in-person event designed to deliver knowledge, perspective, and insight into management issues facing financial aid leaders today. Attendees will choose from two separate pathways -- the New & Aspiring Aid Directors Pathway and the Association Management Pathway -- each allowing attendees to spend two and half days exploring issues and diving deep into their chosen topic. Watch Today's News for information as it becomes available!

Create Your Free Job Alert Today

Automatically receive email notifications whenever new jobs matching your specific search criteria are posted to the NASFAA Career Center by creating a Job Alert. Go to the Career Center's Job Alerts page and make your selections, including how often you want to receive the alerts. After you click Create Job Alert, you will be asked to create a Job Seeker account, which allows you to log back into the Career Center and modify your selections. Once your account is created, consider uploading your resume so you can quickly and easily apply to any job in the Career Center!

U.S. DEPARTMENT OF EDUCATION

ANN-14-21: EDExpress Online Training - EDExpress Release 2.0 Online Training for 2014-2015

This letter announces the availability of Federal Student Aid's EDExpress Release 2.0 Online Training for 2014-2015.

8-26: Second Pell Grant Administrative Cost Allowance Payments for 2013-2014 Award Year

The Federal Pell Grant (Pell Grant) regulations at 34 CFR 690.10 provide for an Administrative Cost Allowance (ACA) payment of $5.00 to each participating school for each student who receives a Pell Grant at that school for an award year. These funds may be used only to defray the costs of administering the Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work-Study, and Federal Perkins Loan programs.

8-26: Third and Final Pell Grant Administrative Cost Allowance Payments for 2012-2013 Award Year

The Federal Pell Grant (Pell Grant) regulations at 34 CFR 690.10 provide for an Administrative Cost Allowance (ACA) payment of $5.00 to each participating school for each student who receives a Pell Grant at that school for an award year. These funds may be used only to defray the costs of administering the Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work-Study, and Federal Perkins Loan programs.

HEADLINES

National News

Student Debt Bomb Could Boost College Financial Planning Programs

"As colleges and universities start the new school year, the student debt bomb could be leading to growing enrollments in college-level financial advisory courses and programs, the CFP Board's director of academic programs, Charles Chaffin, told Financial Advisor," Financial Advisor reports.

Corinthian Lenders Permit Sale Of Assets To Raise Cash

"The lenders to troubled for-profit education company Corinthian Colleges Inc. have agreed to the sale of certain school's assets, which would raise much-needed funds and allow operations to continue as the company looks to sell many of its campuses," The Wall Street Journal reports.

The Story Of John Sperling, University Of Phoenix Founder

"John G. Sperling died this week at the age of 93. If you haven't heard of him, you probably have heard of the school he founded, the for-profit University of Phoenix," Marketplace reports.

Profit And Social Responsibility

"For-profit higher education has tried previously to create voluntary standards for quality and responsibility. … A new effort, announced today, probably has a better chance of making an impact," Inside Higher Ed reports.

State News

Colorado: Funding Hurdle For Schools Tracking College Financial-Aid Forms

"The long-term future of a project that lets schools know which of their graduating seniors filled out an application for financial aid - and who might need help - has become uncertain," The Denver Post reports.

Montana: Program Offers Free Money As Incentive For Saving

"The Montana Education Savings Account program (MESA) provides an opportunity for students to be financially rewarded for saving," the Independent Record reports. 

Cost Of Florida's Prepaid College Tuition Plan Going Down

"The price of a four-year Florida Prepaid college tuition plan is going down. The plan is down to $35,000 from $54,000 after a new law passed the state legislature just a couple of months ago," NBC 6 South Florida reports.

Blogs and Think Tanks

Durbin To VA: Allow Veterans To Use All Education Benefits

"Sen. Dick Durbin (D-Ill.) called on the Department of Veterans Affairs to allow service members to use both federal and state education benefits," The Hill's Floor Action reports.

How Far Can The Student Loan Refinance Bill Go?

"Senate Republicans earlier this summer shot down a proposal that would allow student loan borrowers to refinance their old debt at a lower rate. But Sen. Elizabeth Warren, D-Mass., has said the fight isn't over, and legislators will again vote on her bill in September," U.S. News and World Report's Data Mine reports.

NASFAA UNIVERSITY

NASFAA CAREER CENTER

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