SEARCH TODAY'S NEWS ARCHIVES
NASFAA
TODAY'S NEWS

today’s news for Thursday, January 5, 2023

Brought to you by:

Discover® Student Loans. We help students and their families cover college costs with loan options that best fit their needs. With zero fees, valuable rewards, and exceptional customer service, we're committed to helping students succeed and build bright futures. Visit our dedicated school page to download helpful product materials and more.

NEWS FROM NASFAA

Last month, Federal Student Aid (FSA) announced its new FAFSA Specifications Guide for the 2024-25 aid year and published a draft introduction along with its first draft volume of the guide.

NASFAA UPDATES AND ANNOUNCEMENTS

With the December 7, 2022, publication of the 2023-24 Application and Verification Guide, the Department of Education (ED) “clarified” how untaxed IRA, pension, and annuity distributions/withdrawals should be calculated during verification. It is NASFAA’s understanding that the revised calculation is more accurate than how it appears on the FAFSA itself (which will not be updated). The 2023-24 Tax Transcript Decoder and the 2021 Verification Data and Federal Tax Forms Comparison tools have been updated to reflect the change.

Haven't yet registered for NASFAA's 2023 Leadership & Legislative Conference & Expo in Washington, D.C. next month? You still have time! Join your colleagues from across the country to network and learn new skills to take the next step in your career. There's still space in the Succession Planning pathway, which will focus on cultivating leadership, building mentorships, employee retention, and more. Register today to secure your seat.

U.S. DEPARTMENT OF EDUCATION

TRENDING IN FINAID NEWS

NASFAA TRAINING

NASFAA CAREER CENTER


PREVIOUS
NEXT

Contact us to submit questions, content or to purchase advertisements.

View Desktop Version