Today's News for
Friday, December 19, 2014
The College Board: Since helping to
shape the field in 1954, the College Board and its member partners
have collaborated to provide leadership, expertise, and a suite of
reliable, consistent, and user-designed financial aid solutions
including PowerFAIDS®, the Institutional Methodology, CSS/Financial
Aid PROFILE®, and others. Visit us at collegeboard.org.
NEWS FROM NASFAA
Today the Department of Education (ED) released a draft framework for the Obama Administration’s proposed college ratings system. Long-awaited, the framework provides few details but identifies three main areas in which institutions will be rated: access, affordability, and performance. The framework also identifies several metrics by which institutions will be evaluated, including percentage of Pell Grant recipients, net price, and transfer and completion rates. Stay tuned for a more detailed analysis in Monday’s Today’s News.
2014 was quite a year for higher education, especially for
student aid! Here's a look back at some of the biggest events,
issues, and news stories in the financial aid community.
This holiday season, NASFAA staff would like to extend our warmest wishes to you, our members. Thank you for all you do for your students and for the profession. Please enjoy this video featuring NASFAA staff members and share your own holiday messages with your colleagues in the comments section!
Curious what you can expect in your first year as a new aid director? Wondering what you should focus on and how to determine the priorities? Come to the 2015 NASFAA Leadership & Legislative Conference & Expo to find out! Three of your colleagues will share what they wish they had known and help you develop a roadmap for your first year of being in charge. Don't miss this and more sessions developed solely for New and Aspiring Aid Directors - register today!
Looking for guidance to help you evaluate your institution's compliance with current statutes, regulations and other U.S. Department of Education (ED) requirements? The first phase of the 30th edition of NASFAA’s Self-Evaluation Guide for Institutional Participation in Title IV and Other Federal Programs is now available. This edition of NASFAA's Self-Evaluation Guide serves as an in-house self-assessment tool to help your institution prepare for required audits of the institution's administration of the Title IV student financial assistance programs during the 2014−15 award year. NASFAA members can download the guide, complimentary - the price will be reduced to $0 in your shopping cart.
U.S. DEPARTMENT OF EDUCATION
The final version of the 2015-2016 FAFSA on the Web Worksheet is now available in English, in Portable Document Format (PDF).
In this announcement, the Department of Education reminds schools of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs.
This letter provides information regarding the availability of Federal Student Aid, including Federal Work-Study funds through the Job Location Development Program to support students in apprenticeship programs.
The Department's federal offices as well as its Title IV processors and contact centers will be closed on Thursday, December 25, 2014 to observe the Christmas Day federal holiday as well as on Thursday, January 1, 2015 to observe the New Year’s Day federal holiday.
"The college-ratings plan that the Education Department is
releasing on Friday can best be described as
incremental," The Chronicle of Higher
"In a report due out on Friday, the Obama administration will
offer its first public glimpse of a planned system for rating how
well colleges perform, saying it plans to group schools into just
three broad categories - good, bad and somewhere
between," The New York Times reports.
"There has been a proliferation of consumer information meant to
help prospective students choose a college," The Chronicle
of Higher Education reports.
"A coalition of 46 student, consumer, veterans and civil rights
groups on Wednesday wrote to the Obama Administration and U.S.
Department of Education to oppose the proposed sale of 56
Corinthian Colleges' campuses to ECMC, a nonprofit student loan
guarantee agency," Inside Higher Ed reports.
"A new infographic from enterprise security and backup
specialist SysCloud looks at the risks higher education bodies face
and how they can improve their levels of protection," Beta
"More than a decade of efforts to propel low-income and
underserved students through community college have fallen short
because states and colleges haven't made systemwide commitments to
strategies like streamlining degree requirements, accelerating
remediation, and financially rewarding colleges for raising
graduation and persistence rates, according to a report being
released on Thursday by Jobs for the Future," The
Chronicle of Higher Education.
"Pushing public colleges and universities to increase graduation
rates has become a key objective for President Obama and California
Gov. Jerry Brown, among others, as they seek to hold higher
education institutions more accountable," the Los Angeles
"Utah college students are taking longer to graduate from
four-year institutions than their peers nationwide. For many
students, this translates into more student debt, a higher
likelihood of dropping out, and long-term economic hardship to
families and communities," the Deseret News reports.
NASFAA CAREER CENTER