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today’s news for Wednesday, August 10, 2022

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Ellucian. The University of Pittsburgh needed a streamlined scholarship management process that would reduce staff stress and maximize student award dollars. Learn how ScholarshipUniverse helped Pitt's financial aid office enhance the scholarship process for students and staff.

NEWS FROM NASFAA

The Department of Education (ED) has quietly begun implementing the so-called “Fresh Start” initiative, which was originally touted as a way for delinquent and defaulted borrowers to reenter repayment in good standing. But many questions remain over the rollout and implications for borrowers.

Late last month, the Department of Education (ED) issued a Notice of Proposed Rulemaking (NPRM) requesting public comments on draft regulations to implement Pell Grants for individuals enrolled in prison education programs (PEPs). Prison education programs were covered by the Affordability and Student Loans negotiated rulemaking committee in late 2021, which also included topics such as Public Service Loan Forgiveness (PSLF) and several types of loan cancellation and discharge, for which ED is also soliciting public comment and is expected to release final language by November 1 for implementation next July.

NASFAA UPDATES AND ANNOUNCEMENTS

Join Us in Welcoming the Following Members...

Please join us in giving NASFAA's newest members — ABCO Technology; DSDT; Lorenzo Walker Technical College; and Schenectady County Community College — a warm welcome. This month we also have the pleasure of welcoming back the following institutions as NASFAA members: County College of Morris; Illinois Wesleyan University; JFK Muhlenberg Snyder Schools; LeMoyne - Owen College; Marymount University; Northwest Florida State College; Paul D. Camp Community College; San Ignacio University; The University of Findlay; West Texas A&M University. We are glad to have all of you as NASFAA members. We encourage you to check out our Events Calendar for a look at upcoming professional development opportunities and to utilize NASFAA's Membership Directory, Speaker and Mentor Professional Directory, and Volunteer and Leadership Directory to help you better engage and connect with your financial aid peers across the country. 

Student consumer information is a regulatory issue that involves many different areas on campus, so it can be difficult to identify any one person who should be responsible for complying with requirements. Often, the responsibility falls on the financial aid office, but the reality is there are many campus departments that share responsibility. Blue Icon Advisors offers a specialized single-topic assessment of consumer information, a fully remote review of an institution's compliance with the consumer information regulations and requirements. Read more about the program and complete a no-obligation information request.

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