today’s news for Tuesday, February 15, 2022

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For the first time in nearly two years, roughly 300 financial aid professionals convened in Washington, D.C. for NASFAA's Leadership & Legislative Conference & Expo to learn, network, and gather insight into what challenges current and future financial aid leaders are facing. While a bevy of challenges and obstacles that have impacted the financial aid profession over the past two years were identified and discussed, the resiliency and toughness were also highlighted. 

The second negotiated rulemaking session for the Institutional and Programmatic Eligibility Committee formally kicked off on Monday as members reviewed regulatory language proposed by the Department of Education (ED) for seven different topics, with ability to benefit, and standards of administrative capability dominating the day’s discussion.

In a letter addressed to President Joe Biden, NASFAA joined the National College Attainment Network (NCAN) and the Institute for College Access & Success (TICAS) requesting that the Department of Education (ED) extend, for the 2022-23 award year, the verification waivers granted in GEN-21-05 for the 2021-22 award year. "Given alarming college enrollment declines — especially among students of color, low-income students, and first-generation students — we urge the Administration to act quickly to reduce the burden that students are facing in accessing financial aid," the letter reads. NASFAA previously partnered with NCAN in a joint letter sent to Education Secretary Miguel Cardona, calling on ED to extend the current verification relief before the new FAFSA cycle opened on October 1.


Financial Aid Awareness Month is coming to a close next week, but the effort to spread awareness about the value of student financial aid will continue beyond #FinAidFeb. You as financial aid professionals can add a much-needed voice to the conversation in advocating for student aid programs. Be sure to check out NASFAA's advocacy resources detailing the importance of financial aid to share with students, families, and colleagues, and contact your representatives to share your views. 

If your goal is to become a financial aid director, we invite you to participate in a professional development opportunity designed especially for you, Aspiring Director Group Coaching, facilitated by Blue Icon Advisors. Over six weeks, you'll build leadership skills, network with your peers, and dig deep into enrollment management, compliance issues, and more. The next cohort starts March 4 — register today to secure your spot.




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