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today’s news for Wednesday, May 11, 2022

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NEWS FROM NASFAA

With Teacher Appreciation Week underway, Education Secretary Miguel Cardona took some time to highlight the ways in which the Department of Education (ED) is working to ensure that pathways to higher education become more accessible and affordable, while touting the administration’s efforts to overhaul debt relief programs.

The Government Accountability Office (GAO) in a recent report is urging the Department of Education (ED) to improve instructions for institutions of higher education, as well as auditors, to better assist in conducting oversight of online program providers.

Disruptions to students’ higher education plans have been heightened by the pandemic — and a new report highlights the ways in which U.S. adults are approaching their post-pandemic college pathways. A recent survey from Lumina Foundation and Gallup aims to provide institutions with information that can help them improve enrollment trends for current and prospective students, by identifying barriers for different cohorts.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA is seeking volunteers for our Staffing and Benchmarking Task Force. This task force, which runs from May 2022 through May 2023, will examine NASFAA's benchmarking survey and report to determine what, if any, changes are needed to ensure it is collecting the most relevant and important information for financial aid offices. The task force will also provide feedback on the structure and layout of the 2023 NASFAA Benchmarking Report as it is being developed during the winter and spring of 2023. Please review the task force charter on the volunteer information page and if interested, complete the volunteer form by Wednesday, May 25, 2022 at 5:00 pm ET.

Watch NASFAA's Tiffany Gibbs and Lissa Powell provide an overview of some of the basic concepts related to awarding and disbursing Title IV aid for the summer. Topics include important issues to consider first when awarding summer aid, selecting summer program formats, selecting the award year expected family contribution (EFC), prorating summer EFCs, calculating summer cost of attendance, and determining enrollment status. The FAQ handout is also available to download. View now.

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 May 25, 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.

U.S. DEPARTMENT OF EDUCATION

NASFAA TRAINING

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