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today’s news for Friday, August 20, 2021

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NEWS FROM NASFAA

 Off the Cuff

This week on a special episode of "Off The Cuff," Rachel hosts a discussion with NASFAA’s most recent Dallas Martin Endowment (DME) Policy Intern, Richard Davis, Jr. The higher education policy experts delve into a host of issues surrounding student aid and recap this summer’s advocacy efforts. Rachel and Richard cover topics concerning Pell Grant restoration, NASFAA’s advocacy pipeline, highlights from the Committee for Education Funding's (CEF) weekly meetings and more. Richard, who recently completed his summer internship, also shares his future plans and offers listeners insight as to what projects NASFAA has planned for the fall that will utilize some of his research.

More than 323,000 borrowers with severe disabilities will have their student loan debt discharged, totaling more than $5.8 billion in relief, the Department of Education (ED) announced Thursday. In announcing the debt relief, ED also stated it will indefinitely extend a policy change it made during the coronavirus pandemic of no longer asking borrowers with TPD to provide information on their earnings. Additionally, ED said it is seeking, through the upcoming negotiated rulemaking sessions, to eliminate the three-year monitoring period required under current regulations. 

The Department of Education (ED), in a pair of electronic announcements published Wednesday, unveiled updates to the Federal Student Aid Handbook and changes being made to the application processing system. In the first notice ED provided an update to the 2021-2022 Federal Student Aid Handbook “Volume 4 – Processing Aid and Managing FSA Funds,” which is also available in PDF format. ED noted that it will post any additional updates in the Electronic Announcement section of the Knowledge Center. The second notice detailed information about changes and enhancements being made to the application processing system for 2022–23. The guidance concerns changes being made to fafsa.gov, myStudentAid Mobile App, the Free Application for Federal Student Aid (FAFSA®) form, FAA Access to Central Processing System (CPS) Online — including database matches, edits, need analysis, communications sent to students — and other notable changes.

NASFAA UPDATES AND ANNOUNCEMENTS

No. The community service waiver under the COVID-19 flexibilities is in effect until the end of the award year that begins after the date on which the federally declared national emergency related to COVID-19 is rescinded. That means the community service waiver extends at least through the end of the 2022-23 award year. View the full answer to this question to learn more.

Please join us in congratulating Daniel Carlos who was promoted from senior financial aid counselor to associate director at University of Idaho; Celena Tulloss, FAAC®, who was promoted from deputy director to director of the office of financial aid and scholarships at University of Tennessee Knoxville; Sandra Jones on her promotion from associate director to director of financial aid at McLennan Community College; and Christian Zimmermann who was promoted from director of financial assistance to associate dean of financial assistance and retention at College of Southern Maryland. Additionally please join us in offering a fond send-off to Wendell Schick, director of financial aid at the University of Northwestern Ohio (UNOH), who will retire in September and Joan Zanders, director of financial aid at Northern Virginia Community College, who will retire in August after 34 years in higher education. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

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