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today’s news for Monday, July 26, 2021

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Inceptia. "As a team of one, I can't imagine managing the changes in verification without Inceptia and Verification Gateway. They take the responsibility off of my shoulders so I can concentrate on the rest of my obligations." - Haley Pope, College of the Siskiyous. Verification Gateway's flexible platform swiftly handles verification changes while managing the process and student inquiries.

NEWS FROM NASFAA

The Department of Education (ED) is requesting public comments that will aim to identify and resolve challenges with the implementation of the Public Service Loan Forgiveness (PSLF) program. The request follows the department’s recent announcement of PSLF as a possible topic for upcoming negotiated rulemaking sessions and public hearings in which long-term issues centered around the PSLF program were a part of daily commentary.

NASFAA UPDATES AND ANNOUNCEMENTS

No. The CARES Act only waived the institutional match requirements for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs for the 2019-20 and 2020-21 award years. The waiver does not apply for the 2021-22 award year, so the school will need to return to the normal (pre-pandemic) campus-based matching requirements for the 2021-22 award year. 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.

The 2021-22 P&P Builder is now available! We are excited about this edition of the template as it includes additional information on the aid programs in section three, as well as enhanced notation and icons drawing attention to the flexibilities available to schools during the COVID-19 national emergency. We have also included some best practices from NASFAA's new Implicit Bias Toolkit. As a reminder, with the introduction of a new template, all previous templates will be archived. The process of rolling over previous versions of your manual to the new template is easy. See the instructions here. Not a current P&P Builder subscriber? Learn more about this helpful tool.

Attention Primary Contacts: Deadline Extended on Survey to Streamline and Improve the Verification Process

NASFAA and NCAN are extending the deadline for completion of our survey related to reducing the verification burden for institutions and students. NASFAA encourages the primary contact at each institution to complete the online survey by midnight ET on Friday, July 30. (Not sure who the primary contact is at your institution? Find out on the Contact Information tab of your myNASFAA portal under the "Membership Status" heading.) Even if some survey questions need to be skipped over because they ask for data you are unable to provide, we could benefit from your input on the many important questions related to process and proposed policy changes. Data collected in this survey will be used to produce a public report authored by NASFAA and NCAN. 

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