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today’s news for Monday, August 2, 2021

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NEWS FROM NASFAA

The Department of Education (ED) on Friday announced that it would be expanding its Second Chance Pell experiment by inviting new educational institutions to participate in the program. The program allows approved institutions of higher education to provide Pell Grants to incarcerated students. There are currently 131 institutions participating in the program, but Friday’s announcement will allow for up to 200 two- and four-year colleges and universities to provide Pell Grants for their programs through the Second Chance Pell experiment.

The top Republican lawmakers on the House and Senate education committees are calling on Education Secretary Miguel Cardona to have monthly student loan payments resume on Oct. 1 when the federal forbearance currently in place is set to expire. In a letter to Cardona Thursday, Rep. Virginia Foxx (R-N.C.), ranking member of the House Education and Labor committee, and Sen. Richard Burr (R-N.C.), ranking member of the Senate Health, Education, Labor and Pensions (HELP) committee, asked Cardona to clarify whether the Department of Education (ED) plans to restart payments for tens of millions of borrowers this fall or issue another extension.

NASFAA UPDATES AND ANNOUNCEMENTS

Yes, aIHE may use HEERF institutional grant funds to provide reasonable incentives to current students, faculty, and staff of the institution to get vaccinated against COVID-19. 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.

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