today’s news for Friday, February 25, 2022

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This week on "Off the Cuff," NASFAA’s Managing Editor and founding podcast member Allie Arcese fills in for Justin as she and Staff Reporter Owen Daugherty discuss the best career advice they’ve received before hearing from members about what advice they’ve carried with them and what they would tell someone just getting their start in financial aid. Owen then catches listeners up with the latest higher education news from the White House and the Office of Federal Student Aid. If you didn’t get the chance to share some advice with us, it’s not too late! Send your thoughts and advice — we'd love to hear what you think.

NASFAA this week joined dozens of other higher education associations in a community letter to President Joe Biden, urging the White House to include “dedicated, bold investment in proven college retention and completion programs” in the fiscal year 2023 budget proposal. With the Build Back Better Act, which includes $500 million for college completion programs, currently stalled in Congress, the letter underscores the importance of allocating funding in the annual budget. Citing low completion rates compounded by a significant drop in community college enrollment, the letter asserts that investments in college completion programs at the national and state levels are necessary to combat the troubling declines. “While our country has made striking progress in increasing the high school graduation and college-going rates over the last two decades, college graduation rates have grown much more tepidly, and large racial gaps in persistence and completion persist,” the letter adds.

NASFAA today published its newly updated National Student Aid Profile: Overview of 2021 Federal Programs. The 2021 National Profile is a timely resource that NASFAA members, lawmakers, congressional staffers, and the public can rely on to gain background on the basics of the federal student financial aid programs, how they have been funded over time, and how many students are reached each year. The document details the six prominent federal financial aid programs, outlines recent trends in federal appropriations for the Title IV programs, and provides updated data on the number of recipients, total volume of awards, and average aid amount for each program. New to the 2021 National Profile is data broken down by state on total recipients, average aid amount, and total expenditures for each of the major federal student aid programs. In addition, we provide an appropriations update on Title IV program funding for the 2021-2022 award year.


The clock is ticking to register for the NASFAA 2022 National Conference in Austin, Texas! This year, join us for a pre-conference session on Sunday, June 26 featuring Diversity Matters, an unusual duo of tuba and piano who present events containing musical performances as well as opportunities to discuss diversity in many of its forms — gender, race, cultural, ideological, and textural. Their unique collaborative style provides innovative tools and techniques to guide others toward creative solutions that can assist in creating an ideal, collaborative environment. Join your colleagues for what is sure to be an exciting opening to the 2022 NASFAA National Conference. Registration is now open.

Written policies and procedures are not an option. Join Let's Talk on Thursday, March 17 to discuss strategies on getting started with the development of your policies and procedures and, once written, how to keep them updated. There's no cost to attend, but registration is required — save your spot today!

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