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today’s news for Wednesday, December 8, 2021

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NEWS FROM NASFAA

The Department of Education’s (ED) negotiated rulemaking committee delved into topics concerning income-driven repayment plans (IDR) and Public Service Loan Forgiveness (PSLF) during Tuesday’s session.

The Department of Education (ED) in a Federal Register notice, published on Wednesday, announced its intent to establish a rulemaking committee, the “Institutional and Programmatic Eligibility Committee” that would incorporate 13 different constituencies to provide input on seven topics including the “90/10 loophole," gainful employment, financial responsibility, administrative capability, and more. In order to serve as a negotiator, ED requests that all interested parties have their nominations submitted within seven days from the date of publication in the Federal Register. The committee’s first of three proposed sessions is scheduled for January 18-21. All sessions will be conducted in a virtual setting. Public comments on this topic were offered in October.

NASFAA UPDATES AND ANNOUNCEMENTS

A.B. Stoddard, an associate editor and columnist with the political news site and polling data aggregator RealClearPolitics, will speak during the general session at NASFAA's 2022 Leadership & Legislative Conference & Expo in Washington, D.C. this February. Known for her expertise as a political commentator, Stoddard addresses elections and the political landscape of the day in her talks — in a nonpartisan manner. Her addresses frequently cover recent breaking news, the most up-to-date happenings between Congress and the White House, ongoing budget battles, and the electoral prospects for the two parties. Early-bird pricing for several pathways ends next Friday, December 17. Register today to secure your spot — we hope to see you in Washington!

Get the recognition you deserve with the FAAC® designation! The current testing window is open through December 15. If your application is already approved, your next step is to purchase the certification knowledge exam and schedule your session online before your eligibility period expires. Check your personal certification dashboard to confirm that date. If you haven't applied yet, complete your application online today. Learn more about the testing process and make sure you meet all of the technical requirements.

We're scheduling Standards of Excellence (SOE) reviews for 2022. SOE reviews provide an objective, confidential, peer review program that assesses your institution's administration of federal financial aid, including COVID-19 implementation. Complete our simple information request form to learn more about NASFAA's peer review services.

Created as part of NASFAA U's Fundamentals of Student Financial Aid online course curriculum, NASFAA recently published a video that covers the steps a student must go through to complete and submit a FAFSA through the myStudentAid mobile app. We encourage you to share this video with prospective and current college students who need help applying for federal financial aid, to link to it from your financial aid website, and to incorporate it into future financial aid night presentations.

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