NASFAA Statement on 2020 Presidential Election Outcome

NASFAA Media Contact:
Erin Powers
[email protected]

WASHINGTON, DC, NOV. 7, 2020 — Former Vice President Joe Biden has been elected to become the next president of the United States, with the deciding vote tally rolling in this morning, clinching the former vice president’s pathway to the presidency. However, President Donald Trump’s campaign has filed lawsuits in several crucial states, challenging the results and alleging that election officials did not follow proper procedures while counting ballots in Tuesday’s election.

NASFAA President and CEO Justin Draeger issued the following statement:

"As another divisive and polarizing election draws to an end, financial aid administrators across the country want to draw the nation’s collective attention towards an issue that is markedly nonpartisan: providing postsecondary access to all qualified students. NASFAA stands ready to work with all elected officials — Republicans, Democrats, and Independents — on solutions that provide students an affordable, viable pathway towards a degree. It has been 12 years since the last reauthorization of the Higher Education Act and the time has long passed for us to make changes to the federal student aid programs to ensure they work for all students."

Today's federal student financial aid system works for some, but it doesn't work for all. Antiquated program design provides little room for flexibility, innovation, or the changing behaviors of students—and the institutions that serve them. For more information on NASFAA's recommendations, refer to our Higher Education Act Reauthorization Priorities document. To speak with a NASFAA spokesperson, please contact NASFAA Director of Marketing and Communications Erin Powers. 


The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents more than 28,000 financial aid professionals at nearly 3,000 colleges, universities, and career schools across the country. NASFAA member institutions serve nine out of every 10 undergraduates in the United States. Based in Washington, D.C., NASFAA is the only national association with a primary focus on student aid legislation, regulatory analysis, and training for financial aid administrators. For more information, visit

Publication Date: 11/7/2020

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