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today’s news for Thursday, June 24, 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.

TRENDING IN FINAID NEWS

NEWS FROM NASFAA

A group of 125 higher education advocacy organizations are calling on President Joe Biden to extend the current pause on payments and interest accrual for federally-held student loans until the administration fixes the student loan system and cancels federal student debt. Unlike the most recent letter from Democratic lawmakers, which calls for an extension of the benefit through March, the higher education groups representing students, student loan borrowers, workers, people of color, veterans, people with disabilities, people of faith, and consumers are more explicit in calling for the benefit to be extended until the administration takes broad action on the student loan system.

The Department of Education (ED) on Thursday posted in the Federal Register 2021-2022 award year deadline dates for reports and other records associated with the FAFSA, the Direct Loan (DL) program, the Federal Supplemental Educational Opportunity Grant (FSEOG) program, the Federal Work-Study (FWS) program, the Federal Pell Grant program, and others. The deadline date for the receipt of a FAFSA is June 30. For all Title IV, Higher Education Act (HEA) programs, an Institutional Student Information Record (ISIR) or Student Aid Report (SAR) for the student must be received by the institution no later than the student’s last date of enrollment for the 2021-2022 award year or Sept. 17, 2022, whichever is earlier, according to the notice.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA 2021 Conference Logo

The sessions from this year’s conference are available on-demand to registered conference attendees for one year after the live presentation date. The conference is full of informative training sessions, including one on working to eliminate bias in student aid administration and another on effective communication tools for critical conversations. All these and more are available on-demand — registered conference attendees can watch them on the Access Sessions page. 

 Off the Cuff

NASFAA’s “Off The Cuff” team will be postponing this week’s recording as staff and leadership hold the NASFAA 2021 Virtual Conference, 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. We hope to return next week with a new episode covering all the news from ED’s negotiated rulemaking opening sessions, Congress, and our conference. In the meantime, be sure to catch up on previous episodes offering insight into lawmakers’ proposed legislation to double the Pell Grant, the latest news on President Joe Biden’s budget proposal, and much more!

NASFAA’s popular and informative Student Eligibility Spotlight Webinar is now available on demand! NASFAA's Joe Massman and David Tolman answered pressing questions such as: Is there a limit to how long a conditionally admitted student can receive Title IV funds while awaiting academic transcripts? How should Title IV aid be processed when a student regains eligibility in the middle of a term? This timely session will test your knowledge on these and other topics related to student eligibility. Find the on-demand webinar recording here

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