"To improve the clarity and consistency of college financial aid offers, ten higher education associations launched a task force to standardize financial aid applications, making them more accurate, clear, and transparent," Campus Reform reports.

"The task force is called 'Paying for College Transparency Initiative,' according to Higher Ed Dive. 

Members of the new task force include President of ACE, Ted Mitchell, CEO of NACAC, Angel Perez , President and CEO of NASFAA, Justin Draeger, President and CEO of AACC, Walter Bumphus , and others.

The 10 members “hope that standardizing the information applicants receive after they are admitted to different colleges will improve the sector’s pricing clarity, accuracy and transparency,” according to Higher Ed Dive."

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: 12/21/2022