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today’s news for Thursday, January 12, 2023

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NEWS FROM NASFAA

The Department of Education (ED) on Wednesday released draft income-driven repayment (IDR) regulations, the final remaining topic from its fall 2021 Affordability and Student Loans negotiated rulemaking committee. Other topics covered by the committee were released as final rules last fall, including loan discharges, borrower defense to repayment, interest capitalization, Public Service Loan Forgiveness (PSLF), and prison education programs. 

A coalition of states, experts, and advocates on Wednesday filed 13 amicus curiae briefs with the U.S. Supreme Court in support of President Joe Biden's student loan cancellation, which was put to a halt after several legal challenges.

NASFAA UPDATES AND ANNOUNCEMENTS

It's not too late to register for NASFAA's 2023 Leadership & Legislative Conference & Expo next month — and 20 more seats were just added to the Association Leadership pathway. For many in the financial aid profession, volunteering for your association at the state, regional, or national level is a rewarding opportunity to give back to the profession and help shape the best policies for the students you serve. But getting involved can be a daunting undertaking, especially if it is your first time volunteering. This pathway is designed to help you confidently become an active volunteer within the profession. Register today to secure your seat.

Join Us in Welcoming the Following Members...

Please join us in welcoming NASFAA's newest members, Lindsey Wilson College and Northwest Technology Center. This month we also have the pleasure of welcoming back the following institutions as NASFAA members: Emperor's College of Traditional Oriental Medicine; Indiana County Technology Center; Kehilath Yakov Rabbinical Seminary; Omega Institute of Cosmetology; and Pardee RAND Graduate School. We encourage you to check out our Events Calendar for a look at upcoming professional development opportunities and to utilize NASFAA's Membership Directory, Speaker and Mentor Professional Directory, and Volunteer and Leadership Directory to help you better engage and connect with your financial aid peers across the country.

U.S. DEPARTMENT OF EDUCATION

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