Brought to you by:
Attigo by Ascendium®: Student loan borrowers are facing unprecedented challenges to achieving financial wellness. Our solutions can help them navigate the road ahead. GradReady® is a student success website offering academic and financial education. Student Loan Success Center™ is our 1:1 student loan counseling helpline. Together they provide students with 360* of trustworthy support. Learn More at attigo.com.
Negotiators wrapped up work on all seven issue papers to cap a packed week of discussions for the final session of the Institutional and Programmatic Eligibility negotiated rulemaking committee, with little agreement on the issue papers at hand, and spent the bulk of Friday afternoon in breakout caucus sessions. In all, the committee reached consensus on two out of the seven issue papers: the 90/10 rule, along with the ability to benefit regulatory language, only reaching consensus at the tail end of Friday’s session.
According to guidance NASFAA received from the U.S. Department of Education, if a student is enrolled in a payment period or period of enrollment (period) where a school uses a return of Title IV funds (R2T4) Freeze Date (RFD), and the student withdraws prior to the RFD, the school would include in the R2T4 calculation denominator (60% calculation) the days associated with: any courses in which the student began attendance; and any courses in which the student was enrolled for the period as of the withdrawal date. View the full answer to this question to learn more.
From applying to recertifying, the certification dashboard guides each FAAC® through the entire certification process. Recent enhancements make it even easier to check your current status, review your activities, and track your progress toward recertification. Mia Mwango, director of financial aid at Santa Fe Colleges in Florida says, "The new layout is intuitive and streamlined yet very robust. The navigation is natural and seamless." Already an FAAC? Consider the recertification strategy that’s right for you. Not certified yet? Complete your application online today.
NASFAA's Board of Directors is here to represent you and is seeking your input. Please email any questions or comments you might have directly to a member of the NASFAA Board by selecting their name on our Board Member Directory page. Questions or feedback may pertain to NASFAA products and services, membership benefits, policy/advocacy issues, or any other topic you would like to bring before the Board. The Board will compile and discuss at the March 22-23 virtual Board meeting. We welcome your insight.