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TODAY'S NEWS

today’s news for Tuesday, November 1, 2022

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NEWS FROM NASFAA

The Department of Education (ED) on Monday announced highly anticipated final rules on a number of issues, including the contentious borrower defense to repayment regulations, which aim to create an easier path for borrowers defrauded by their institutions to receive student loan debt relief.

NASFAA, along with several higher education organizations, signed on to a letter by the American Council on Education (ACE) urging leaders of the House Ways and Means Committee and the Senate Finance Committee to include the Tax-Free Pell Grant Act in any lame-duck tax legislation.

This month, we have the opportunity to hear from state and regional leaders from across the United States. NYSFAAA reports that the association held its 54th annual conference in late October in Lake Placid. On the West Coast, CASFAA held its first in-person conference in two years in Santa Clara, California, with the theme “Better Together.” Sessions included everything from FAFSA simplification and compliance to California state programs and student engagement. Plus, NeASFAA tells us that Nebraska Gov. Pete Ricketts has proclaimed October Financial Aid Awareness Month in the state. Read on for more updates from your colleagues!

NASFAA UPDATES AND ANNOUNCEMENTS

What makes a strong candidate for NASFAA National Chair? We are seeking someone who works full-time at a NASFAA member institution, has demonstrated leadership at the state or regional level, has experience with facilitating meetings and public speaking, and is committed to upholding NASFAA’s code of ethics. If you — or anyone you know — fits the bill, please nominate yourself or a qualified colleague for the role of NASFAA National Chair by tomorrow, November 2, at 5:00 p.m. ET. Nominations are also being accepted for representatives-at-large.

Last-minute requests. Delayed implementations. Missed deadlines. You can avoid these experiences with a strong operational calendar. Join this webinar tomorrow, Nov. 2, 2022, at 2:00 p.m. ET to learn from the Blue Icon Advisors consulting team how an operational calendar can become the backbone of your financial aid office. Register today.

The economics surrounding the Federal Work-Study (FWS) program will likely have been changed forever due to labor shortages, decreased interest in participation from private sector and community service employers, as well as increased inflationary pressures and costs, to name a few. In order to adjust to this new financial landscape, NASFAA is launching the Examining Federal-Work Study task force and is looking for member volunteers. The task force will examine what changes schools implemented during the pandemic to their FWS programs, what challenges they are facing now as they look at transitioning the program back to the original regulations, and what flexibilities may be needed for this program to be successful into the future. The task force will author a report with their findings, which will include recommendations for schools and policymakers. Read the full task force charter and, if interested, apply to volunteer by Tuesday, November 15.

U.S. DEPARTMENT OF EDUCATION

TRENDING IN FINAID NEWS

NASFAA TRAINING

NASFAA CAREER CENTER


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