today’s news for Wednesday, January 19, 2022

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CampusLogic. ?Central State University needed a personalized communications solution that was available to students 24/7. Learn how VirtualAdvisor helped Central State's Financial Aid office support more students, without working overtime. Learn more.


The Department of Education’s (ED) Institutional and Programmatic Eligibility Committee convened Tuesday for the first of four days, as the negotiated rulemaking group aims to reach consensus on regulatory language for seven different topics, with gainful employment, the 90/10 rule, and administrative capability headlining the slate.

The Department of Education (ED) has notified higher education institutions that drew funds from the Higher Education Emergency Relief Fund (HEERF) under any of the three federal coronavirus relief packages that they are required to submit their annual report describing how the institution used the awarded funds between April 11 and May 6, 2022. The annual performance report institutions must submit covers activities funded between January 1 through Dec. 31, 2021 and are in addition to requirements to publish quarterly reports. Additionally, ED noted that during that time period the portal will be open for corrections to CARES Act reports that institutions have already submitted. ED has yet to post this notice publicly, but NASFAA will continue to monitor and update members as needed. 

In a new white paper, a number of consumer protection groups outline the importance of the Department of Education (ED) using the current federal student loan moratorium to make improvements to income-driven repayment before the benefit expires.


Whether you're ready to be back, learning side-by-side with other aid administrators... or not quite ready for a big, in-person event, NASFAA has an opportunity for you to connect with peers, teach, learn and share best practices in summer 2022. We're pleased to announce registration is now open for the NASFAA 2022 National Conference, which will take place June 26-29, 2022 in Austin, Texas. The NASFAA 2022 Virtual Conference, held July 11-15, 2022, will consist entirely of unique sessions not offered at the NASFAA 2022 in-person conference held two weeks prior and registration will be institutional rather than individual, so for one low cost everyone on your NASFAA roster can participate. Virtual Conference registration will open in the coming weeks. Join us for one or both!

This NASFAA U online course begins March 15 and will provide you with an overall understanding of the complex world of cash management in Title IV program administration. The course begins with the fundamentals of how academic program structure sets the cycle for disbursing and drawing down Title IV funds. Other topics include obtaining, maintaining, and accounting for funds; disbursements and Title IV credit balance requirements; authorization and notifications; and a review of Tier 1 and Tier 2 regulations. The seats in prior courses have sold out weeks before the course began, so don't delay! Reserve your seat now.

Join the FAAC® community! There's still time to become certified and qualify to attend the FAAC® Forum next month. Even if you can't meet us in D.C. for the forum, you could join online conversations in real time and enjoy networking opportunities with other FAACs during the event via the private FAAC Slack channel. The current testing window is open now through January 26. 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.

February is Financial Aid Awareness month (#FinAidFeb), and it will be here before you know it! Do you have celebration ideas to share? Need some inspiration? Join Let's Talk tomorrow, Thursday January 20, in preparation for next month's celebration. Register today.





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