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today’s news for Thursday, July 29, 2021

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NEWS FROM NASFAA

Graduate students could once again have access to federal student loans with the reintroduction of legislation from Rep. Judy Chu (D-Calif.) which calls for restoring subsidized loan eligibility for those seeking a graduate degree. The bill, named the Protecting Our Students by Terminating Graduate Rates that Add to Debt (POST GRAD) Act, would once again make graduate students eligible to receive federal Direct Subsidized Loans, which was ended in 2011 by the Budget Control Act.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA recognizes that different programs have to follow different regulations. This new toolkit was created to help schools with clock-hour programs easily find the information they seek. Currently the toolkit includes links to some of our most searched for clock-hour-related questions and answers in the AskRegs Knowledgebase, a list of relevant resources in the Student Aid Reference Desk, and a link to register for and watch our on-demand "Don’t be Alarmed by Clock Hours" webinar, recorded November 18. If you have any suggestions on how to improve this toolkit, please let us know.

Well, here we are in the dog days of summer. The news out of the Department of Education doesn't seem to be slowing down one bit and neither is the rapid clip at which we're adding resources into the Student Aid Reference Desk. "Direct Loans" was the most viewed topic again in July, followed closely by "Verification," which comes as no surprise given ED's recent announcement that it is making temporary changes to the verification process for the 2021-22 award year as a means of providing relief to students financially challenged by the pandemic. There’s a lot more to explore in the Ref Desk this month — dive into July's release notes.

Share Your Favorite NASFAA Content Online Through Our AddThis Feature

Eager to share relevant articles and resources with colleagues in your office, across campus, or peers at other institutions? It's now easier than ever with NASFAA's AddThis sharing feature, which allows you to post our content directly to Facebook, Twitter, LinkedIn, and send it around via email. To share content from our site, you can click on the desired icon located on the top right-hand corner of each page, next to the “add to favorites” button. Once you select an icon, you will be able to customize text to accompany the content on each social media platform or email.

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