NASFAA
TODAY'S NEWS

today’s news for Tuesday, January 12, 2021

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Campus Ivy. Campus Ivy pairs cloud technology with experts to help schools: boost efficiency, ensure compliance & reduce costs - let us do the same for you. In addition to a world-class student/mobile-friendly financial aid platform, our expert financial aid staff is ready to assist or provide full outsourcing of Verification processing and automation.

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NEWS FROM NASFAA

NASFAA Reminds Institutions to Complete HEERF Annual Report

NASFAA reminds institutions that the Department of Education (ED) opened its Higher Education Emergency Relief Fund (HEERF) Annual Report Data Collection System system on Jan. 5, 2021. Institutions should have received login credentials from ED in early January. While reports are due on February 1, we encourage institutions to complete annual reports as soon as possible since it is unclear how compliance with the reporting requirement may affect institutions’ ability to receive new HEERF funds under the 2021 Consolidated Appropriations Act.

NASFAA UPDATES AND ANNOUNCEMENTS

AskRegs

This AskRegs Knowledgebase Q&A was updated on Jan. 5, 2021 to provide confirmation of prior guidance and to reflect extended timeframes in the Dec. 11, 2020 Federal Register. The following COVID-19 flexibilities now apply through the end of the payment period that begins after the date on which the federally declared qualifying emergency related to COVID-19 is rescinded. 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.

NASFAA U

For the only time in 2021, NASFAA U is offering the Federal Pell Grant & IASG online course. NASFAA U instructors will bring participants an overview of the federal Pell Grant and Iraq and Afghanistan Service Grant (IASG) programs. You'll learn how to select the appropriate formula for term-based and non-term-based programs, how to calculate remaining eligibility, the ground rules for required and optional Pell Grant recalculations due to changes in enrollment status, EFC, or cost of attendance, and how to determine eligibility for "year-round" Pell Grant. This course is the perfect learning tool for all levels of financial aid professionals, designed to provide the necessary tools and subject matter expertise to the Pell Grant and IASG programs. Live instruction, discussion topic collaboration, and assessments throughout the course will reinforce your learning. Upon passing the course, you will receive complimentary access to the credential test. Register now.

NASFAA is looking for a student to fill a 12-week paid internship with its Policy and Federal Relations staff. The intern will help develop advocacy materials; attend and report on hearings, events, and meetings; analyze and summarize legislation and regulations; and much more. Those students studying in fields related to higher education, public policy, political science, and history may benefit most from this internship. If you know graduate or undergraduate students who may be interested, please encourage them to apply. This internship is supported by the Dallas Martin Endowment for Public Policy and Student Aid. Applications must be received by 5:00 p.m. ET on Friday, Feb. 12, 2021, to be considered.

Join Us in Welcoming the Following Members...

Please join us in giving NASFAA's newest members — Knox County Career Center, MedQuest College, Southern West Virginia Community and Technical College, Urban College of Boston, and Ventura Adult and Continuing Education — a warm welcome. This month we also have the pleasure of welcoming back the following members: Manhattan School of Computer Technology and Reedley College. We are glad to have all of you as NASFAA members!

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