Biden Administration Ends Waiver Limiting Audits of Students Applying for Financial Aid

"Weeks after relaxing its audit of college students relying on federal grants and loans to pay for this academic year, the Education Department said it will resume the process for the following term," The Washington Post reports. 

...“'All of the reasons the department cited for offering these waivers previously will continue to exist this next year,' said Justin Draeger, president of the National Association of Student Financial Aid Administrators (NASFAA). 'Adding back in this burdensome process … is going to make all of this that much more difficult.'"

..."'How do you extend the repayment pause for another six months because of the pandemic but you don’t extend these upfront waivers?' Draeger said. 'There is a disjointed policy rollout here.'"

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: 8/31/2021

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