NASFAA Mention: Education Department Encourages Financial-Aid Adjustments for Students’ New Financial Realities

"In light of the Covid-19 crisis, financial-aid administrators can and should adjust students’ eligibility profiles to reflect realities such as job losses, an Education Department official said in guidance published on Friday," The Chronicle of Higher Education reports. 

"The guidance came a week after an executive order from President Biden urged federal agencies to deal with the financial impact of the pandemic.

'It’s a welcome reminder,' said Justin Draeger, president of the National Association of Student Financial Aid Administrators. 'We also encouraged schools to do whatever’s within their power to help students and families that are facing income disruption. We’re glad to have the department’s partnership on this.'”

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 1/29/2021

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