Award notifications have come under scrutiny for a lack of clarity and for causing students to misunderstand the financial aid packages they are being offered. To ensure students have access to clear information about the financial obligations of enrolling in postsecondary education, the NASFAA Board of Directors voted to support policies that would mandate certain elements and common terminology to be included in institutions’ award notifications.
Publication Date: 9/10/2018
Can a Federal Pell Grant Exceed the Cost of Attendance Starting In 2024-25?
Today's News for September 26, 2023
Are We Required To Recalculate the Pell Cost Of Attendance and the Title IV COA At the Same Time?
Is the McNair Stipend Treated As Other Financial Assistance?
Which Award Year FAFSA and SAI Do We Use in This Summer Trailer Scenario?
How Do We Handle School-Sponsored Trips Or Conferences When the School Covers Related Expenses?
Can We Use the Previous Award Year SAI If Our Summer Term Starts After July 1?
Are Graduation Prizes Considered other Financial Assistance For the Prior Year?
Is Institutional Aid Considered Other Financial Assistance?
Is an Award In the Form Of a Taxable Stipend or Voucher Considered Other Financial Assistance?
Is a Combination Scholarship/Stipend Treated as Other Financial Assistance?
Can We Spread a Single-Term Overaward Over the Entire Academic Year To Resolve It?
Are Tuition Discounts and Waivers Considered Need-Based or Non-Need-Based Aid When Packaging?
Are Non-Cash Gifts Considered Other Financial Assistance?
Are Gift Cards In Any Amount Considered Other Financial Assistance (OFA)? (Award Year: 2024-25)
Is the Health Profession Opportunity Project Grant Considered Other Financial Assistance?
How Does the Student Report Tuition Which Was Paid On Their Behalf From a Friend's Trust Fund?
Is a Student Eligible For Federal Student Aid For Late Start Courses? (Award Year: 2024-25)
How Does an Insurance Settlement Paid Toward Tuition and Fees Affect the Student's Eligibility?
If a Noncustodial Parent Contributes Money To the Student's Education, Is the Amount Untaxed Income?
How Much Extra Can We Award a Student Under Year-Round Pell Grant Rules?
Is the Fry Scholarship Considered Other Financial Assistance?
How Do You Handle Census Dates and the Return Of Title IV Funds? (Award Year: 2024-25)
How Are Resident Assistant (RA) Positions Treated For Title IV Purposes?
Are ROTC Benefits Considered Other Financial Assistance?
Does Year-Round Pell Apply To Clock-Hour Programs?
Are Department Of Defense Tuition Assistance Benefits Included In Other Financial Assistance?
Does a Negative Student Aid Index Impact Non-Need-Based Aid Calculations?
Does a Student Have to be Enrolled to Receive Other Financial Assistance?
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