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today’s news for Friday, November 4, 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

President Joe Biden rounded out the week making speeches and attending last-minute rallies aimed at bolstering congressional Democrats’ campaigns, and used remarks to home in on his student loan debt cancellation program, which is currently being halted by a Republican-led legal challenge. If not for a court injunction, roughly 16 million borrowers should have seen their loan cancellation applications approved in the coming days, according to the White House.

The Department of Education (ED) on Friday formally gave notice that it will be implementing several provisions of the FAFSA Simplification Act that were authorized for implementation for the 2023-24 award year. Congress required ED in technical revisions to the FAFSA Simplification Act to provide 60 days’ notice of 2023-24 implementation items. The notice only specifies which provisions will be implemented for 2023-24; ED indicated that detailed guidance will be provided in an upcoming Dear Colleague Letter.

Are you looking to test your knowledge from the news of the week? Check out our new weekly quiz highlighting some of our coverage and updates from the past week. (Hint: Read through this week’s issues of Today’s News for answers.) Be on the lookout for a new quiz each Friday and let us know if any of our questions stumped you!

NASFAA UPDATES AND ANNOUNCEMENTS

The most recent certification testing window has closed and the registry continues to grow! Hundreds of financial aid professionals across the country now hold the FAAC® designation. Certified by the Certified Financial Aid Administrator® Commission, these individuals now qualify to receive a multitude of benefits. If you're interested in becoming certified, the next testing window opens on Dec. 7, 2022. Explore your eligibility today using our free interactive tool

Please join us in congratulating  Stephanie Lueck, who was promoted from financial aid specialist to financial aid systems coordinator at Moraine Park Technical College; Jennifer Stephens, currently the university director of financial aid at Indiana University, who will retire in December after 33 years of working in financial aid; and Kimberly DeMaa, who was promoted from financial aid specialist to assistant financial aid manager at Moraine Park Technical College. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

U.S. DEPARTMENT OF EDUCATION

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