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today’s news for Thursday, April 14, 2022

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CampusLogic. Students, staff and schools are ready for time savings in financial aid. Invest in financial aid processes that digitize, secure and optimize your student experience. This session shows how StudentForms supports staff and students from enrollment to graduation. Watch the session.

NEWS FROM NASFAA

Financial aid offices spent months distributing emergency aid made available by federal coronavirus relief funds to help stave off unenrollment and support students’ basic needs. Now, about two years after the first round of funds were disbursed, aid offices are finding the reporting requirements imposed by the Department of Education (ED) to be more time consuming and onerous than they could have imagined. Half a dozen aid directors contacted by NASFAA detailed just how demanding the work has become, as they finalize annual reports due in the coming weeks outlining how institutions spent Higher Education Emergency Relief Funds (HEERF) in 2021. 

NASFAA UPDATES AND ANNOUNCEMENTS

Net Price Calculator Template Updated for 2020-21

The Department of Education's (ED's) Net Price Calculator template has been updated and now includes 2020-21 award year data. As indicated in Dear Colleague Letter GEN-13-07, institutions using ED's Net Price Calculator are expected to update their Calculators on an annual basis when new data become available. Refer to the Net Price Calculator Information Center and GEN-13-07 for more information.

Ready to earn the FAAC® designation? You'll accomplish an important professional goal and you would qualify to receive the multitude of benefits that come with certification. The current two-week testing window is now open through April 27, 2022. If your application has already been approved, purchase the certification knowledge exam and schedule your session online. 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. Utilize the Exam Preparation Guide to aid your studies.

Watch David Futrell, NASFAA director of institutional compliance, lead you through a discussion of some of the more frequently assigned comment codes, flags, and reject codes. Topics include those related to citizenship issues, incorrect name and name changes, Selective Service, unusual enrollment history, parent Social Security numbers, parental refusal to complete the FAFSA, Professional Judgment Flag, and default status and NSLDS loan status codes. Watch this webinar on demand today!

TRENDING IN FINAID NEWS

U.S. DEPARTMENT OF EDUCATION

NASFAA TRAINING

NASFAA CAREER CENTER


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