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today’s news for Thursday, June 10, 2021

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CampusLogic. Students open urgent emails from the financial aid office at all hours, day and night. Hear how Western Michigan University increased access for students by keeping their office "open" around the clock, 7 days a week (without any night shifts for finaid staff). Watch now.

NEWS FROM NASFAA

Mike Bennett

"A few weeks ago, I was asked to put together a five-minute presentation on the positive impact of financial aid for an upcoming Board of Trustees meeting. That was the same 'five minutes' I would receive for presenting on other topics to the Board, like funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, cohort default rates, or 'bad debt,'" Michael Bennett, associate vice president of Financial Assistance Services at St. Petersburg College, writes in a Voices From the Aid Office article. "The challenge, however, is always the time limit of five minutes." What are your thoughts regarding Board of Trustee presentations? What techniques have helped you build relationships with the Board of Trustees or your college president or supervisor?

The Department of Education (ED) recently announced that it would begin administering a voluntary survey for financial aid administrators to assess the ease with which schools are able to conduct business with the agency in relation to Title IV programs. The survey, formally launched on June 9, is a part of Federal Student Aid (FSA)’s Five-Year Strategic Plan for fiscal years 2020-24. An independent vendor, CFI Group, will conduct the Title IV Institutional Survey electronically and will collect responses through July 2, 2021. The web survey is designed to take approximately five minutes to complete and will be conducted in a manner ensuring anonymity of all responses.

NASFAA UPDATES AND ANNOUNCEMENTS

 Off the Cuff

NASFAA’s “Off The Cuff” team will be postponing this week’s recording, but you can still find the latest higher education news coming from the Department of Education (ED) and the White House in Today’s News every day. Can’t wait for next week’s episode? Be sure to catch up on previous episodes offering insight into President Joe Biden’s budget proposal, the latest news on HEERF guidance in our special episode highlighting financial aid experts’ experiences with HEERF III, details on the future for gainful employment and more! Be sure to tune in next week for a new episode of “Off The Cuff.”

Submitting resources for inclusion in NASFAA's Member-Generated Content Library is a great way to help your fellow schools improve their processes and current resources. Currently, NASFAA is seeking sample procedures, survey instruments, and any other resources your institution uses annually to review and/or update its cost of attendance (COA); please consider submitting yours for inclusion. Submissions will be collected until 5:00 p.m. ET on Friday, July 2, and all identifying information about your institution will be removed before the resources are published. Please note, NASFAA does not review submissions for technical or regulatory accuracy.

As your institution sifts through guidance related to Higher Education Emergency Relief Fund (HEERF) grants and reporting requirements, NASFAA is here to help. Our Create a Financial Aid Timeline Tool is a customizable way to see and share dates and deadlines, such as HEERF reporting deadlines. Check out our brief tutorial video on how the timeline works and get started on yours today. And as always, refer back to NASFAA's COVID-19 Web Center for the latest news, resources, and guidance.

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