2024 was another big year of changes for the financial aid community, with the rollout of the 2024-25 and launch of the 2025-26 FAFSA forms.
Beyond FAFSA simplification, other big news kept the financial aid community very busy this year. The presidential election and previews of both candidates platforms, dominated the attention of members. There was also a continued focus on changing regulatory guidance, the annual budget and more.
Here are the top 10 articles NASFAA readers consumed in 2024:
What a Second Trump Term Could Mean for Student Financial Aid
October 8, 2024 - With the 2024 presidential election less than a month away, former President Donald Trump’s platform could mean more aggressive policies for higher education and federal student financial aid.
President Trump Again Proposes Massive Cuts to Student Aid
March 12, 2019 - In his fiscal year (FY) 2020 budget proposal, which would impact award year 2020-21, President Donald Trump again reiterated his support for hard-hitting cuts to the federal student aid programs, similar to the cuts outlined in his previous budget proposals. Congress has soundly rejected the proposed cuts in the past.
Is Your Campus Ready for New Regulations Effective July 1, 2024?
May 6, 2024 - NASFAA knows this year’s FAFSA rollercoaster has consumed more of the financial aid office’s energies than in years past. However, this year’s changes aren’t limited to FAFSA simplification. They include several regulatory changes that become effective July 1, 2024. Read on to make sure your campus is prepared to comply with those regulations.
What a Harris Administration Could Mean for Student Financial Aid
October 3, 2024 - With the 2024 presidential election a little over a month away, Vice President Kamala Harris is beginning to debut her higher education platform – though questions remain about how her potential administration could impact student financial aid and how her approach might compare to President Joe Biden.
ED Announces Verification Relief and Additional Flexibilities to Ease FAFSA-Related Burden
February 13, 2024 - The Department of Education (ED), in an electronic announcement posted on Tuesday morning, detailed its latest efforts to help institutions of higher education prepare for the 2024-25 FAFSA rollout, namely by reducing verification requirements, suspending routine program reviews, and providing flexibility on renewing participation in the federal student aid programs.
ED Announces Resolution for FAFSA Contributors Without SSNs Coming in ‘First Half’ of March
February 20, 2024 - The Department of Education (ED) on Tuesday announced that it would resolve a 2024-25 FAFSA issue that is preventing submission when a contributor does not have a Social Security Number (SSN), in the “first half” of March.
Department of Education Details ISIR Processing Approach in New Announcement
March 4, 2024 - The Department of Education (ED) on Monday doubled down on its commitment to begin transmitting FAFSA applicant information to colleges and universities in the first half of March, and provided more details on what schools, state higher education agencies, and scholarship organizations can expect when that data is delivered.
March 22, 2024 - Congressional appropriators, early Thursday morning, released text for their final $1.23 trillion spending package for fiscal year 2024, mostly containing cuts and flat funding to programs housed within the Department of Education (ED).
ED Details ISIR Delivery Rollout, Updated Issue Alerts, and New FAFSA Functionality
March 13, 2024 - The Department of Education (ED), in an electronic announcement posted on Tuesday evening, informed stakeholders that the transmission of Institutional Student Information Records (ISIRs) formally began over the weekend and will gradually begin to ramp up.
February 26, 2024 - U.S. Secretary of Education Miguel Cardona on Monday addressed NASFAA’s 2024 Leadership & Legislative Conference & Expo to announce a new partnership, the “FAFSA College Support Strategy,” which seeks to provide institutions with additional resources so that they can best prepare to process student records as quickly and accurately as possible.
Publication Date: 12/18/2024
You must be logged in to comment on this page.