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This week on "Off The Cuff," Justin and Karen are joined by Jon Fansmith, the American Council on Education's senior vice president of government relations, to discuss the road map for the Department of Education’s 2024-25 FAFSA release, and President Joe Biden’s budget proposal for fiscal year 2024 and what it means for higher education funding. Jon dives into the main takeaways from the budget proposal, and how the process could unfold in a divided government. Karen then catches listeners up on all things FAFSA simplification, touching on the release of the draft FAFSA, future training, the department’s communication plan, and more.
On Wednesday, NASFAA submitted comments to the Department of Education (ED) on updated guidance on requirements and responsibilities for third-party servicers (TPS) and institutions. In its submission, NASFAA questioned ED’s decision to change the regulatory definition of third-party servicer through guidance. NASFAA also noted the expanded definition captures many types of services and functions institutions hire external parties to conduct that fall outside of Title IV aid administration, and warned that the inclusion of so many new outside entities in the TPS definition risks essential service providers leaving the higher education marketplace due to onerous TPS requirements.
The Department of Education (ED) on Thursday released a memo to remind institutions of higher education that the ongoing national emergency declarations tied to the coronavirus pandemic will end on May 11, and that schools should use the winddown period to ensure that eligible students can access the expanded Supplemental Nutrition Assistance Program (SNAP) before those benefits sunset.
Are you looking to test your knowledge from the news of the week? Check out our 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!
Hundreds of financial aid professionals across the country now hold the FAAC® designation. Check the Registry to see if any of your colleagues have been certified and send them a well deserved congratulations! 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 next week, on April 5, 2023. Explore your eligibility today using our free interactive eligibility tool.
Please join us in congratulating Morgan Dawson, formerly the senior financial aid counselor at Harcum College, who is now the assistant director of financial aid at Villanova University, and Kimberlee Kainulainen, who was promoted from executive secretary to financial aid technician at Northern Michigan University. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.
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