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today’s news for Thursday, May 4, 2023

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NEWS FROM NASFAA

A new survey from Gallup and the Lumina Foundation found that for U.S. adults without a college degree or credential, financial barriers are the biggest reasons why they aren’t currently enrolled in higher education. 

NASFAA UPDATES AND ANNOUNCEMENTS

This AskRegs Knowledgebase Q&A was updated on May 2, 2023, to note the U.S. Department of Education (ED) has created a No-Cost Extension (NCE) Request Form for schools that have not spent their Higher Education Emergency Relief Fund (HEERF) grant funds by the June 30, 2023, deadline. In the April 4, 2022, Federal Register, ED published a Notice automatically extending the performance/project period on all open HEERF grants with a balance greater than $1,000 in unspent funds. View the full answer to this question to learn more.

This AskRegs Knowledgebase Q&A was updated on May 3, 2023, to include updated information NASFAA has received from the U.S. Department of Education (ED). The general COVID-19 national emergency ended on April 10, 2023, while the separate COVID-19 public health emergency ends on May 11, 2023. View the full answer to this question to learn more.

Join NASFAA’s Norma Robinson and a guest panel of financial aid administrators for an in-depth conversation about crafting the cost of attendance (COA) on Wednesday, May 10, 2023, at 2:00 p.m. ET. This 90-minute webinar will focus on the additional components, such as dependent care, first professional licensure costs, and disability-related costs, that must be included in the COA when they apply to the student and how they differ from optional professional judgment (PJ) adjustments for special circumstances. Secure your seat today!

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