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today’s news for Friday, September 17, 2021

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NEWS FROM NASFAA

 Off the Cuff

This week on a special episode of “Off The Cuff,” the team provides a quick update on developments surrounding the budget reconciliation process and how the Build Back Better Act will impact higher education policies. Rachel and Karen dive right into the legislation making its way through the House and specifically highlight what the current version of the text could mean for maximum Pell Grants, Pell for DACA recipients, free community college, tuition assistance at minority serving institutions, Public Service Loan Forgiveness, and completion grants. Stay tuned to Today’s News for more breaking developments concerning the legislative package.

A school has students who received the return of Title IV (R2T4) waiver for COVID-19-related withdrawals in which some of the students have received post-withdrawal disbursements (PWDs). How do schools handle post-withdrawal disbursements when completing the Lump Sum Reporting for the U.S. Department of Education (ED)? Think you know the answer? Read on to see if you got it right!

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA has updated its Data Sharing Decision Tree to include an announcement published by the Department of Education in May 2021 that allows institutions to use certain FAFSA data to communicate to students their possible eligibility for certain government programs created during the COVID-19 pandemic. The programs include the Emergency Broadband Benefit Program, the Pandemic Unemployment Assistance Program, and a program that established a special health insurance enrollment period for uninsured or under-insured Americans. For full details, see the May 12, 2021 DCL.

Please join us in congratulating Kim Lamborn, FAAC®, who is now the assistant vice president of enrollment management & director of financial aid at University of Health Sciences and Pharmacy. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

TRENDING IN FINAID NEWS

INDUSTRY NEWS OF THE WEEK

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