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ELM Resources. From our family to yours, we send a warm Happy Holidays greeting your way! And, ELM's Season of Thanks continues this month with a celebration of our recent survey results. We are so honored and proud of the trust you place in us each day. Your needs are our focus. Contact us to learn more about how we can help you. Visit www.elmresources.com or contact us at [email protected].

The Department of Education has announced changes to the processing of professional judgment (PJ) requests for students who have also been selected for verification. While the financial aid office must first complete verification to ensure the correct information is used for the PJ request, the office can make the adjustment on the same transaction. It is also not required to verify information that will be removed due to the PJ request. Also, using PJ does not require the aid office to verify a student’s application if he was not already selected for verification by the Department of Education or your school. The changes can be found on page AVG-1 of the 2020-21 FSA Handbook.

This AskRegs Knowledgebase Q&A has been updated to reflect June 16, 2020 changes to the March 5, 2020 Electronic Announcement and its attached Q&A. The U.S. Department of Education (ED) now allows schools to shorten terms and to have overlapping terms through the end of the academic year that includes December 31, 2020 or the end date for the COVID-19 national emergency, whichever occurs later. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

This AskRegs Knowledgebase Q&A was updated on June 29, 2020 to clarify that, even under the R2T4 waiver, the school cannot disburse Title IV aid for which the student was not eligible at the time of withdrawal or disbursement. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

It is NASFAA's understanding that the information you post on your website can be cumulative--that is, you can overwrite the previous information with the most recent data. However, we're not yet sure how this will actually work when the reporting mechanism becomes available. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

Please join us in giving NASFAA's newest members — Arizona Academy of Beauty, Graduate Theological Union, Louisville Presbyterian Theological Seminary, Pacific Northwest University of Health Sciences, and Visible Music College — a warm welcome. This month we also have the pleasure of welcoming back the following members: Barstow Community College, Blackhawk Technical College, Jackson State University, Lamar Institute of Technology, Lawson State Community College, Life Chiropractic College West, Long Beach City College, San Diego Christian College, Southeastern Community College, and Specs Howard School of Media Arts. We are glad to have all of you as NASFAA members!

According to guidance NASFAA has received from the U.S. Department of Education (ED), in the situation where a school's cost of attendance (COA) changes after the student has been packaged (such as a mid-year tuition or fee increase), an institution may, but is not required to, update the COA and repackage the student. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

The U.S. Department of Education has developed an application for HBCUs to seek a deferment of a Program loan under the CARES Act. This application will allow a Program participant to request the deferment and submit information for the Department's required report to Congress regarding its use of its CARES Act authority to grant the deferments.

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