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today’s news for Tuesday, December 6, 2022

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CampusLogic. Students, staff and schools are ready for time savings in financial aid. Invest in financial aid processes that digitize, secure and optimize your student experience. This session shows how StudentForms supports staff and students from enrollment to graduation. Watch the session.

NEWS FROM NASFAA

Institutions are not providing students clear and standard information in their financial aid offers, often not including or understating the net price, which could confuse students and their families, according to a new report out of the Government Accountability Office (GAO). 

In response to the Government Accountability Office's report examining institutional aid offer practices, Rep. Virginia Foxx (R-N.C.), ranking member of the House Education and Labor Committee, and Rep. Lisa McClain (R-Mich.) on Monday introduced the College Cost Transparency and Student Protection Act, which would set new requirements for financial aid offers. 

NASFAA UPDATES AND ANNOUNCEMENTS

Yes. Before October 1, 2023 and beginning with the 2024-25 award year, schools will be required to report to the Common Origination and Disbursement (COD) System cumulative calendar year Federal Work-Study (FWS) Program earnings on an individual student basis. View the full answer to this question to learn more.

Qualify to attend the FAAC® Forum in February by getting certified during the upcoming testing window that runs Wednesday, December 7-21, 2022. If your application has already been approved, purchase the certification knowledge exam and schedule your session online. If you haven’t applied yet, complete your application online now. Learn more about the testing process and make sure you meet all of the technical requirements. Utilize several candidate resources to review for the exam.

Blue Icon Advisors' next Let's Talk session — focusing on how financial aid administrators can prepare for the unexpected with succession planning strategies — is coming up on Thursday, December 15. The event is free to NASFAA’s institutional members, but you must register in advance. (One registrant per school; limited seats available.) Additionally, members can register and learn more at the Succession Planning Pathway at NASFAA’s 2023 Leadership & Legislative Conference & Expo. Let's Talk meets every month and gives practicing financial aid professionals the opportunity to engage with peers, learn from presenters and each other, share information, and discuss best practices. Check the schedule to see more upcoming Let's Talk topics.

Getting timely financial aid is critical for many learners, especially as college costs climb. One of the biggest challenges facing campuses is communicating with the students who need financial assistance to ensure they meet critical deadlines. How can staff generate connections to help keep students on track? This webinar, sponsored by Jenzabar, will highlight how the presenters’ teams communicate with learners throughout the financial aid process to ensure students get the financial aid they need. Join us today at 2:00 p.m. ET for this complimentary webinar.

U.S. DEPARTMENT OF EDUCATION

TRENDING IN FINAID NEWS

NASFAA TRAINING

NASFAA CAREER CENTER


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