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TODAY'S NEWS

today’s news for Monday, January 3, 2022

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NEWS FROM NASFAA

Throughout the year the pandemic continued to impact the higher education sector. And with the vaccine rollout and the return to in-person and hybrid operations for instruction, the financial aid community continued to address student needs in the ever-changing landscape imposed by the health crisis. Financial aid offices were once again impacted by a host of federal actions and altered guidance aimed at quelling the pandemic and bolstering resources for students to both begin and continue their higher education pursuits.

NASFAA UPDATES AND ANNOUNCEMENTS

New Year, New Look

Happy New Year! We're starting 2022 with a new look on NASFAA.org. You can also make sure things are up to date for the new year by making sure your information is updated in the Membership Directory, which now also features financial aid management information, so members at schools that use the same software can connect on questions, best practices, or issues.

This AskRegs Knowledgebase Q&A was updated on July 16, 2021 to reflect guidance from the U.S. Department of Education (ED) indicating that it would not be appropriate to use a 4.5-month expected family contribution (EFC) as indicated in older ED guidance. View the full answer to this question to learn more.

Could this be your year? Invest in your professional development by pursuing the FAAC® designation during 2022. The first testing window of the year opens this week — just in time for you to qualify to attend the new FAAC® Forum in mid-February. This three-week testing window is longer than usual, but exam dates and times can fill up quickly, so be sure to schedule your exam session soon. Learn more about the testing process and make sure you meet all of the technical requirements. It's not too late to complete your certification application online.

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