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today’s news for Tuesday, June 21, 2022

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NEWS FROM NASFAA

Sharon Oliver

Meet Sharon Oliver, FAAC®, the director of scholarships and student financial aid at North Carolina Central University. Sharon has worked in financial aid for more than 30 years, getting her start as a work-study student in the Office of the Vice President for Student Affairs during her four years at South Carolina State University. "This job laid the foundation for future positions I would hold in higher education," she said. "Not only did it provide work experience and income, but it also taught me strong work ethics that I value today."

In May 2022, NASFAA surveyed its members about how the pandemic has impacted the number of professional judgment (PJ) requests their office will, or has already, received and what tools/resources would be helpful in managing such requests. The survey — a follow-up to NASFAA's 2020 and 2021 surveys — found, in light of the pandemic, 55% of respondents have been proactively reaching out to students to inform them about the PJ process. Additionally, 26% indicated they have conducted, or have plans to conduct, targeted PJ outreach to financial aid applicants about the potential for higher expected family contributions (EFCs) in the 2022-23 award year as a result of changes to the tax treatment of unemployment benefits included in the American Rescue Plan. Review the full survey results.

NASFAA UPDATES AND ANNOUNCEMENTS

No. According to guidance NASFAA has received from the U.S. Department of Education (ED), a school cannot increase a Federal Supplemental Educational Opportunity Grant (FSEOG) award amount after the student is no longer enrolled for the award year. This is true for students who received an FSEOG award while still enrolled. View the full answer to this question to learn more.

If you haven't already renewed for 2022-23, your NASFAA membership will expire on June 30. Go to www.nasfaa.org/mydues to renew your membership and maintain your Today's News subscription. Contact Membership Services today at (202) 785-4053 Ext. 1 or [email protected] with questions.

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