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The Department of Education’s (ED) Office of the Inspector General (OIG) released a report Thursday that found a host of issues regarding the Office of Federal Student Aid’s (FSA) oversight of federal student loan servicers. OIG conducted the audit of FSA’s practices to review how FSA responds to risk, and its policies and procedures for monitoring servicer compliance with federal regulations between January 2015 through September 2017.

NASFAA's 2019 Leadership & Legislative Conference & Expo kicks off February 25 in Washington. D.C. Don't miss out on the chance to join your colleagues from around the country to network, share best practices, and grow as a leader within the financial aid profession. There are still spaces available for the New & Aspiring Aid Directors and Association Management pathways. Online registration closes today at 5:00 p.m. ET; register now to reserve your spot! 

Every year, NASFAA recognizes outstanding members and other higher education stakeholders for their achievements and contributions to financial aid, students, and/or NASFAA. Nominate your colleagues for awards such as the Gold Star Award, the Robert P. Huff Golden Quill Award, and the Allan W. Purdy Distinguished Service Award, among others. Award winners will be announced next summer at the NASFAA 2020 national conference in Las Vegas, NV. Nominations are due Feb. 14, 2020 — submit yours today!

The NASFAA U Federal Pell Grant and IASG online course opens to participants today. The first live class is Tuesday. Don’t miss out on this opportunity to learn from NASFAA U instructors, practicing aid administrators, and colleagues to ensure your compliance in administering Title IV aid. Whether you are new to financial aid or need a refresher, this is the training opportunity for you. Limited seats remain; register now.

Federal Student Aid announced new functionality in FAA Access to CPS Online and a new procedure to assist financial aid administrators with the third-step verification process. This functionality will be implemented on Feb. 17, 2019.

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