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today’s news for Thursday, August 26, 2021

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NEWS FROM NASFAA

Congressional Democrats amended the House’s summer recess to lay the groundwork for advancing a pair of spending plans that would make significant investments in a number of higher education policies. On August 24, the House briefly returned to session and approved a $3.5 trillion blueprint containing policies housed within President Joe Biden’s American Jobs Plan, that would invest $12 billion in community college infrastructure, and his American Families Plan that would provide two years of free community college, as well as tuition breaks, to low- and moderate-income students attending historically Black colleges and universities (HBCUs) and other minority serving institutions (MSIs).

NASFAA joined the American Council on Education (ACE) and several other higher education associations in a letter to the Department of Education (ED) this week on its proposed revision to the Higher Education Emergency Relief Fund (HEERF) annual data collection form. The proposed reporting requirements “would significantly expand college and university reporting,” the letter notes, with the groups adding that they are “concerned with the expanded breadth and depth of the revised reporting.” Further, the letter states that institutions may not be able to comply with the new reporting requirements. The letter urges ED to withdraw its request for comments and work with institutions to create a more comprehensive and achievable reporting method.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA's search for its next vice president of policy and federal relations is underway. The ideal candidate will have significant experience with public policy, advocacy, and management. Reporting to NASFAA President Justin Draeger, this individual will lead NASFAA’s six-person policy and federal relations team, serve as a senior-level leader, and will be required to operate in a fast-paced environment while managing multiple projects simultaneously. Equally important, the ideal candidate will demonstrate a commitment to NASFAA’s advocacy principles and contribute to the organization’s team environment and core operating values. For full consideration, NASFAA encourages all interested candidates to review the position description and apply by Aug. 31, 2021.

Join NASFAA’s Susan Shogren on Wednesday, September 15 at 2:00 p.m. ET as she reviews the factors that affect the Cohort Default Rate (CDR) calculation and moderates a panel of financial aid administrators about their solutions for reducing CDRs and helping their borrowers navigate federal loan repayment successfully. Register for this webinar now.

To promote continued learning, NASFAA offers credentialed professionals the opportunity to renew each credential as often as every three years. Renewal is not mandatory; NASFAA Professional Credentials do not expire. To renew, you must successfully pass the current version of the credential test for that subject area. Renewal recognizes your additional effort and demonstrates your knowledge remains current and relevant. If you hold the FAAC® designation, you also will earn recertification points (RPs) for every credential you successfully renew during your recertification period. Bonus: NASFAA is offering a 50% discount for Professional Credential tests. To take advantage of this offer, enter NUTCPROMO50 in the Promotional Codes box of the cart at checkout.

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