Today's News for
Monday, December 22, 2014
Financial Aid TV (FATV): Educating
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NEWS FROM NASFAA
Arriving on the final official day of fall, the much-anticipated
framework of the Obama administration's planned college rating
system is long on ambition but short on details. Less a
fully-formed rating system and more an outline of what a final
product might eventually look like, the framework offers about a
dozen potential metrics being considered by the Department of
Education (ED) and asks for feedback from the higher education
community by February 17.
State funding for public institutions declined by 12 percent
from 2003 to 2012 while tuition costs increased, making it more
difficult for students and families to afford college, according to
a recent report from the Government Accountability Office
The Nominations and Elections Committee is pleased to announce the 2015 slate for National Chair-Elect and Representatives-at-Large to the NASFAA Board of Directors. Voting representatives (primary contacts) at NASFAA member institutions will receive an invitation by email to cast their vote online on or around Monday, January 12. Learn more about the candidates by reading through each person's statement of candidacy and resume. The elections will close on or around Friday, January 23. Thanks to all who agreed to run for NASFAA office!
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.
THE D.C. DOCKET
With the holiday season upon us, and the House and Senate on recess, there are not any events of note this week. The D.C. Docket will return the week of January 5. In the meantime, check out our 2014: A Year In Review For Financial Aid article for a look back at some of the biggest events, issues, and news stories in the financial aid community. Email us at email@example.com if you're aware of upcoming policy events that could be of interest to the financial aid community and stayed tuned to Today's News for coverage of policy events in the new year.
U.S. DEPARTMENT OF EDUCATION
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.
The Department of Education has announced its intention to establish a negotiated rulemaking committee to prepare proposed regulations governing the William D. Ford Federal Direct Loan (Federal Direct Loan) Program authorized under Title IV of the Higher Education Act of 1965, as amended (HEA), requests nominations for individual negotiators who represent key stakeholder constituencies for the issues to be negotiated to serve on the committee, and set a schedule for committee meetings.
"Senate Banking Committee Chair Tim Johnson (D-S.D.) is
concerned about the economic impact of student loans on borrowers
and their families and has called several government agencies to
take coordinated action to address those issues, especially loan
servicing and debt collection," Credit Union
"Senators say forgiving student loans, paying teacher mentors a
stipend and boosting some teachers' salaries could be ways to
recruit and keep good teachers in South Carolina," The
Associated Press reports.
"Mississippi's College Board gave final approval Thursday to
plans for the state's eight public universities to raise tuition by
an average of 3.2 percent this fall," The Associated
Blogs and Think Tanks
"U.S. News has used exclusive data to analyze how
successful colleges and universities have been at graduating their
low-income students compared with their overall student bodies,"
according to U.S. News & World Report's Morse
NASFAA CAREER CENTER
- Financial Aid Counselor, Shepherd University, Shepherdstown, West Virginia
- Director of Financial Aid, Manipal Education Americas, LLC agents for American University of Antigua, New York, New York
- Assistant Director of Financial Aid, UC Hastings College of the Law, San Francisco, California
- Associate Director of Financial Aid, Wilkes University, Campbell, California
- Administrative Assistant II, Financial Aid, University of Sciences, Philadelphia, Pennsylvania