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today’s news for Tuesday, June 15, 2021

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NEWS FROM NASFAA

If higher education is to be seen as a door to opportunity for Americans, then recruitment, admissions, and enrollment policies and practices are what determine how wide the door is open — and for whom. A new report from the Institute for Higher Education Policy (IHEP) aims to address how institutions can achieve the intended mission of higher education through their various recruitment, admissions, and enrollment practices.

NASFAA joined the National Association of College and University Business Officers (NACUBO) in a letter to Federal Student Aid (FSA) Chief Operating Officer Richard Cordray regarding FSA’s proposed changes to the 2021 Office of Management and Budget (OMB) Compliance Supplement. Pointing to the disruptions colleges and universities experienced due to the coronavirus pandemic, the letter urges Cordray to delay new requests for the single audit cycle until 2022.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA is pleased to announce that Richard Cordray, the newly appointed chief operating officer of Federal Student Aid, will speak at the 2021 Virtual Conference next week. Mr. Cordray will speak during the Department of Education session scheduled for 1:30-3:30 p.m. ET on Thursday, June 24. He will be joined by FSA's Melanie Storey and David Musser, as well as Michelle Asha Cooper, acting assistant secretary for postsecondary education and deputy assistant secretary for higher education programs at the Department of Education. Be sure to tune into this and other sessions during what is sure to be an engaging and educational week!

This AskRegs Knowledgebase Q&A was updated on June 11, 2021 to include clarification NASFAA has received from the U.S. Department of Education (ED) related to drawing down HEERF III funds within the 90-day window. 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's Board of Directors is here to represent you and is seeking your input. Please email any questions or comments you might have directly to a member of the NASFAA Board by clicking on their name on our Board Member Bios page. Questions or feedback may pertain to NASFAA products and services, membership benefits, policy/advocacy issues, or any other topic you would like to bring before the Board. The Board will compile and discuss at the June 29-30 virtual Board meeting. We welcome your insight.

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