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today’s news for Thursday, October 14, 2021

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AccessLex Institute. Join us for [email protected] – our free, 2-day virtual event for administrators and leaders in the field of graduate and professional student success – November 2 and 3. If you're in financial aid, admissions, career or student services, or any area focused on student success, save your seat today!

NEWS FROM NASFAA

Thomas Le

Originally from Honolulu, Thomas Le started working in consumer banking after graduating from Hawaii Pacific University. His career in financial aid began upon relocating to Los Angeles for a role as a financial aid counselor at Pepperdine University, where he also earned his master's degree in educational technology. It was here that Thomas grew passionate about helping students pursue higher education, he said. From there, he went on to serve as the assistant director of financial aid at both the Art Center College of Design and Loyola Marymount University, deepening his knowledge of the profession. He then took his knowledge of student loans back to the consumer banking sector, marketing private student loans for Chase and Citi banks during the time of the Federal Family Education Loan (FFEL) program. He landed in his current position at New York Film Academy in 2016 and just celebrated his five-year anniversary there.

The American Federation of Teachers (AFT) has formally come to an agreement with the Department of Education (ED) over claims that the agency arbitrarily rejected its members’ applications for the Public Service Loan Forgiveness (PSLF) program. The 2019 lawsuit was filed by AFT President Randi Weingarten and eight borrowers who were denied debt forgiveness through the program, and was in direct response to the program’s high denial rate. The agreement, per AFT, would allow for an official review for those denied the forgiveness they believed they were owed and enable borrowers receive credit for years of past payments.

NASFAA UPDATES AND ANNOUNCEMENTS

What makes a strong candidate for NASFAA National Chair? We are seeking someone who works full-time at a NASFAA member institution, has demonstrated leadership at the state or regional level, has experience with facilitating meetings and public speaking, and is committed to upholding NASFAA’s code of ethics. If you — or anyone you know — fits the bill, please nominate yourself or a qualified colleague for the role of NASFAA National Chair by Friday, November 12 at 5:00 p.m. ET. Nominations are also being accepted for representatives-at-large.

In an ongoing effort to improve offerings and benefits for NASFAA members, we’ve updated our website search functionality to make it easier to find what you need. Filter enhancements include a date range slider, and multiple-select options for content types, topics, and other variables, helping you quickly locate a webpage, downloadable resource, or professional development opportunity. Today’s News results are more robust, and allow you to find information by article and full issue, highlighting the location(s) in the issue where your term is located. Indexed content from the AskRegs Knowledgebase and the Student Aid Reference Desk makes the updated site search a one-stop tool for finding information from NASFAA. Happy searching!

For students and parents interested in learning more about financing an education beyond high school, financial aid nights can be an invaluable source of information. NASFAA's financial aid night toolkit has recently been updated with information for the 2022-23 academic year and is now available to assist NASFAA members in conducting or providing support for these presentations. In the toolkit you'll find a slideshow designed to give students and families a basic understanding of financial aid concepts, sources of financial aid, and the application process for federal student aid. The toolkit also contains a guide to planning and conducting a financial aid night, as well as updated versions of supplemental student and parent handouts to help you give a compelling and informative presentation. The content may be presented in person or virtually.

The September 2, 2020 Distance Education and Innovation Final Rules made numerous changes to satisfactory academic progress (SAP) rules and to Return of Title IV (R2T4) requirements for programs offered in modules. Join NASFAA's David Futrell and Tiffany Gibbs to review key SAP changes you may have missed and to cover important scenarios related to R2T4. Register now.

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