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today’s news for Tuesday, July 13, 2021

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ELM Resources. By phone, e-mail, or chat – the ELM team has your back! Concierge-level care awaits you from ELM's National Service Center team members to help you efficiently process your private student loans. From the simple to the complex, see how help is all around you with ELM this peak season.

NEWS FROM NASFAA

The House Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Appropriations Subcommittee on Monday forwarded their fiscal year 2022 spending plan to the full appropriations committee. The bill contains an overall 41% increase above the fiscal year 2021 enacted level for Department of Education (ED) programs, matching the president’s budget request of $102.8 billion in discretionary appropriations for ED. Specifically, the measure would provide a $2.6 billion increase for student aid programs, including an increase in the maximum Pell Grant by $400 that would boost the 2022-23 maximum award to $6,895. This $400 increase in discretionary funding is the same as the increase included in President Biden’s discretionary budget request.

NASFAA UPDATES AND ANNOUNCEMENTS

What goes into a consortium or contractual agreement? Which school performs what Title IV-related responsibilities (e.g., packaging aid, disbursements, return of Title IV funds, enrollment reporting, etc.) under a consortium agreement? What are the other things to consider when study abroad is involved? Which academic calendar do you use? Join NASFAA’s Tiffany Gibbs and Lissa Powell on Wednesday, July 14 at 2:00 p.m. ET as they answer these questions and discuss challenging issues related to written arrangements. Register for this complimentary training webinar now.

NASFAA provides several quick-reference guides to our members quickly look up important student aid information. Our newest guide will walk you through subscription-based program definitions and calendars, enrollment status and course completion requirements, as well as attendance and the effect on Title IV programs. 

While some financial aid offices have remained open with on-site staff, other offices are planning to reopen soon. Join Blue Icon Advisors at either 11:00 a.m. or 2:00 p.m. ET on Thursday, July 15 to discuss best practices for reopening and managing transitions as students return. Blue Icon hosts Let's Talk events to give you the opportunity to engage with peers, learn from presenters and each other, share information, and discuss best practices. There is no cost to attend, but registration is required. Sign up today!

NASFAA TRAINING

NASFAA CAREER CENTER


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