today’s news for Monday, December 6, 2021

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Inceptia. While the CARES Act has provided great relief for borrowers, two+ years of paused payments can mean out of sight out of mind for your students! Help them reengage with Loan Summary – Inceptia's debt letter and student portal service that provides a one-stop solution for tracking and managing ALL loans. Learn more at


NASFAA's weekly policy podcast, "Off The Cuff," reached thousands of listeners in 2021, keeping members up to date on all things related to financial aid and higher education amid a busy year full of changes and challenges. Check out the top 10 most downloaded episodes and relisten to your favorites from the past year. 

Congressional leaders staved off an impending threat of a government shutdown by passing another short-term spending bill that will keep federal agencies operational through Feb. 18, 2022. The continuing resolution alleviates some year-end pressure for Congress to address spending priorities, but now cuts into the fiscal year, which began on October 1, and shortens the timeframe for members to make potentially far-reaching policy changes and funding levels for the Department of Education (ED).


Haven't registered for NASFAA's 2022 Leadership & Legislative Conference & Expo yet? Don't miss your chance to learn and network with you colleagues February 14-16 in-person in Washington, D.C. Early bird pricing for the new Succession Planning Pathway — as well as the Compliance Management and Strategic Enrollment Management pathways — has been extended to December 17. Each pathway provides valuable and focused learning opportunities, such as how to retain talented employees, tips and strategies for a successful audit, and how to use data to help make decisions that will directly impact students. Learn more about the conference and the safety measures being taken, and register today to secure your seat.

According to guidance NASFAA has received from the U.S. Department of Education (ED), the administrative cost allowance (ACA) must be claimed during the award year to which it applies and reported on a school's Fiscal Operations Report and Application to Participate (FISAP) for that award year. This means the ACA must be drawn down by the school on or before June 30 of the award year. View the full answer to this question to learn more.

Reserve your seat by registering today. Designed exclusively for those who currently hold the FAAC® designation, the FAAC Forum is an opportunity to network while exploring important issues facing the financial aid community. The inaugural FAAC Forum will be held in conjunction with NASFAA's Leadership & Legislative Conference & Expo in Washington, D.C. February 14-16, 2022. Not certified yet? Take advantage of the December or January testing windows. Verify your eligibility using our free interactive tool.

Is professional development one of your New Year's resolutions? Start off strong by registering for New Director Group Coaching with NASFAA's Blue Icon Advisors. Group coaching is ideal for financial aid administrators with less than one year of experience at the director level. You'll work alongside a small group of other new financial aid directors as you discuss compliance-related matters, develop an operational calendar, learn about how to identify and support your staff's professional development needs, and draft a strategic plan to work toward and bolster the goals and activities of your office. The start date for the next six-week cohort is January 17. Register today to reserve your spot. 






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