Today's News for
Monday, July 28, 2014
For over 19 years, ELM Resources has
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NEWS FROM NASFAA
"This year I am your cheerleader, your mentor, your voice," new National Chair Eileen O'Leary told NASFAA members after receiving the gavel at the 2014 National Conference in Nashville. "I am among friends. Our cause is great. And there is nothing else that I would rather do," concluded O’Leary, who is Assistant Vice President for Student Financial Services at Stonehill College. Watch the video now to hear her whole speech or read through the text of her speech in its entirety.
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.
Fill out the "Movers and Shakers" form by August 8 to notify your financial aid colleagues across the country about your career developments in 2013-14. We'll compile your responses and update NASFAA members about the changes in our 2013-14 Annual Impact Report to members (published in October).
The rise in higher education costs has encouraged policymakers
to search for alternative options students can use to finance their
college years. One of the proposed solutions is the "Pay It
Forward" (PIF) college financing concept. Some researchers contend
this is not an effective solution to addressing college
affordability, according to a new report released by the American
Association of State Colleges and Universities (AASCU). The report
summarizes the history of PIF, explores common elements of PIF
legislation recently introduced in state legislatures, and offers
questions for lawmakers to reflect on before stepping forward with
the PIF policy.
U.S. DEPARTMENT OF EDUCATION
This letter announces the availability of Federal Student Aid’s online training module on consumer information requirements, including resources to help you develop and disseminate required consumer information at your school.
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.
Attached to this Electronic Announcement is a pre-publication copy of the Federal Register notice that will invite postsecondary educational institutions to apply to participate in new institutionally-based experiments under the Experimental Sites Initiative (ESI).
In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 3501 et seq.), ED is proposing a revision of an existing information collection.
"[E]ven without the drama of a presidential contest, the issue
is cropping up on the 2014 campaign trail in some of the most
contentious Senate races," Inside Higher
"Kansas welfare officials said today that they will use more
than $600,000 in grants from two nonprofit groups to launch a
program aimed at getting parents to pay down child support
debts," KHI News Service reports.
"Accused by the California attorney general of deceiving
students about its failing financial status, the career-college
company Corinthian Colleges, Inc. has agreed to more broadly
disclose that it plans to sell all of its California campuses as it
goes out of business," according to the San Jose Mercury
"President Barack Obama recently ordered a program expanded to
limit monthly payments to 10 percent of a person's income. ... But
a little financial literacy on the burden of compounding interest
is in order for prospective students," according to
the Albuquerque Journal Editorial Board.
"Unlike other kinds of debts, the law does not permit students
to wipe out their college debts by declaring bankruptcy. Should the
law be changed?" George Leef asks in Forbes.
"California's public higher education systems are plagued by
years of funding cuts. Everyone knows that. All the clever ideas -
the silver bullets that will 'save' us - collapse in the face of
one simple fact," Susan Gubernat writes for The Sacramento
Blogs and Think Tanks
"President Obama's higher education agenda has had trouble
attracting supporters from either party in Congress so far. But he
appears to have at least one rhetorical ally in the House of
Representatives: Rep. Paul Ryan," according
NASFAA CAREER CENTER
- Assistant Director, Financial Aid, New York Institute of Technology, New York, 11568
- Dean of Admissions and Financial Aid, Otis College of Art and Design, Los Angeles, California
- Assistant Director of Student Financial Resources, Seminole State College of Florida, Sanford, Florida
- Compliance Coordinator-Financial Aid & Scholarships (4528U), University of California, Berkeley, Berkeley, California
- Vice Provost for Enrollment Management, Boston College, Boston, Massachusetts