Consumer Information
NASFAA’s Professional Credentials provide financial aid administrators and professionals in related fields the opportunity to earn tangible recognition for mastery of content pertaining to federal Title IV aid administration. To earn this credential, candidates need to know the Title I and Title IV consumer information and disclosure requirements designed to help students and employees make informed decisions regarding their education or employment. Holding this credential demonstrates the ability to ensure any statements and information provided to enrolled and prospective students and their families, as well as to the U.S. Department of Education (ED), do not constitute substantial misrepresentation of the nature of its educational programs, its financial charges, the employability of its graduates, or its relationship with ED.
Earning Criteria
Recipients must complete the earning criteria to earn this badge.
General Requirements
Financial aid professionals can qualify to sit for a test in at least one of the following ways:
- Complete an independent study on specific topics using a Self-Study Guide
- Take an instructor-led NASFAA U Online Course
- Demonstrate five or more years of well-rounded professional experience
- Attend a NASFAA U Authorized Event that uses the approved NASFAA curriculum
Assessment
The range of topics in this test include:
- General Concepts of Consumer Information
- Institutional Information
- Campus Security and Fire Safety
- Completion and Graduation Rates, Transfer-Out Rates, Placement Rates, and Information about Athletic Programs
Tests may include questions pertaining to a variety of program structures, such as credit- or clock-hour, term or nonterm, standard or nonstandard term, undergraduate or graduate/professional programs, and programs of various length (shorter than one year, two-year, four-year, certificate, etc.).
NASFAA Professional Credentials do not expire; however, credentialed professionals may renew each credential. NASFAA recommends renewing credentials every three years, barring any major regulatory changes. Renewal is not mandatory.
Learn more about NASFAA’s Professional Credentials.
