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today’s news for Tuesday, November 22, 2022

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NEWS FROM NASFAA

Federal Student Aid (FSA) on Monday released the 2024-25 Draft Student Aid Index (SAI) and Pell Grant Eligibility Guide, which contains details about the transition from the expected family contribution (EFC) to SAI and the methodology for determining eligibility for federal student aid. According to FSA, a final version of the guide will be published prior to the start of the 2024-25 processing cycle. Additional guidance from the Department of Education will be provided as it becomes available.

With so many social media sites available, there are ample ways for professionals to receive and share news, absorb content, and connect and network with colleagues and friends. We're curious which social media platforms you, personally, spend your time on — whether for personal interactions or work-related reasons. Take our quick poll to let us know.

NASFAA UPDATES AND ANNOUNCEMENTS

Yes. The 2023-24 Tax Transcript Decoder is available under "Resources" in the AskRegs Knowledgebase, as well as under "Tools & Resources" on the NASFAA website. View the full answer to this question to learn more.

Every year, NASFAA recognizes outstanding members and other higher education stakeholders for their achievements and contributions to financial aid, students, and/or NASFAA. Nominate your colleagues for awards such as the Gold Star Award, the Robert P. Huff Golden Quill Award, and the Allan W. Purdy Distinguished Service Award, among others. Award winners will be announced this summer at the NASFAA 2023 national conference in San Diego, California. Nominations are due Feb. 10, 2023 — submit yours today!

Are you interested in learning more about NASFAA’s Certified Financial Aid Administrator® (CFAA) Program? We asked four FAACs to share insights about their experience with the program, including why they decided to pursue certification, how they prepared for the knowledge exam, and how they benefit from holding the FAAC designation. Their responses may address some of your questions and give you the encouragement you need to take the next step in your own professional development. Learn more now.

U.S. DEPARTMENT OF EDUCATION

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