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The Department of Education (ED) last Thursday announced recent changes to the Common Origination and Disbursement (COD) System and StudentAid.gov website for the TEACH Grant Program, which aim to provide some school-related operational impacts to consider as well as information about the system and web that are now in place as of July 1, 2021.
"It is my honor to serve as NASFAA Chair for the 2021-2022 year. The NASFAA Board of Directors is ready to build upon the great successes over the past years," writes Brent Tener, director of student financial aid and scholarships at Vanderbilt University and our NASFAA 2021-2022 national chair. "As we look forward to the challenges before us, we transition from an experience with a pandemic that none of us could imagined. The experience has forever changed all of us in ways that we can only begin to understand. ... While there are many unknowns as we move into this post-pandemic world, there are a few things that are certain. First of all, your work in making a post-secondary education possible for students is more important than it ever has been."
Please join us in giving NASFAA's newest members — Capitol Beauty School and West Coast Ultrasound Institute — a warm welcome. This month we also have the pleasure of welcoming Carteret Community College back as a NASFAA member. We are glad to have all of you as NASFAA members and encourage you to check out this toolkit, which was designed for new financial aid administrators, but also provides helpful links to resources for new and returning NASFAA members, like links to our NASFAA Membership FAQ and our Events Calendar.
We have compiled a list of AskRegs Knowledgebase Q&As intended to assist schools with their implementation of the new return of Title IV funds (R2T4) rules that became effective on July 1, 2021, unless the school chose to implement the rules early. For these and other related Q&As, search “effective July 1, 2021” or “R2T4 exemption” or “freeze date” in the Knowledgebase. Additional detailed guidance can be found in NASFAA’s on-demand webinar — Changes Are Coming to R2T4 and Modules: Will You Be Ready on July 1, 2021? — and in the Department of Education’s (ED’s) Satisfactory Academic Progress & Return of Title IV Aid: New Regulation Overview webinar.
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.