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today’s news for Friday, April 8, 2022

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NEWS FROM NASFAA

This week on "Off The Cuff," Allie fills in for Justin and is joined by Karen, Owen, and Jon Fansmith, the American Council on Education's assistant vice president for government relations, to discuss the news of the Biden administration once again extending the pause on federally-held student loan payments and interest accrual, this time extending the relief through August 31. The group also breaks down what the “fresh start” will mean for borrowers who entered the payment pause with loans in default. Jon and Karen then dive into President Joe Biden’s recently released budget proposal and what it includes for higher education, highlighted by a plan to double the maximum Pell Grant award by 2029. 

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA is hosting a 100% virtual conference exclusively focusing on clock hour programs, which begins on Monday, April 11, and runs through Thursday, April 14.  Daily webinars — focusing on topics such as clock hour SAP policies, distance education, compliance issues, and other clock hour challenges — will cover basic and advanced regulatory practices applicable to clock hour institutions. The conference, which is free to NASFAA members, is quickly approaching, so register today to secure your spot.

Please join us in congratulating Alvaro Garcia, who was promoted from senior financial aid counselor to assistant director of financial aid counseling at New York University, and Emily Mackay, who was promoted from financial aid counselor to assistant director of financial aid counseling at New York University. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

INDUSTRY NEWS OF THE WEEK

NASFAA TRAINING

NASFAA CAREER CENTER


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