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TODAY'S NEWS

today’s news for Monday, July 3, 2023

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NEWS FROM NASFAA

More than 2,600 financial aid professionals gathered in San Diego this past week for the NASFAA 2023 National Conference. If you couldn’t make it in-person, you can read up on the important sessions you may have missed, including the diversity pre-conference session with Dr. Ronald W. Whitaker, II, on how to be a strategic diversity leader; our Inside the Beltway session with NASFAA’s policy team; a keynote from Federal Student Aid (FSA) Chief Operating Officer Richard Cordray; and the closing session with the Department of Education on the new Student Aid Index. 

The United States Supreme Court on Friday ruled in favor of a challenge to President Joe Biden’s student loan debt cancellation program, halting the administration from carrying out its executive action that would cancel up to $20,000 in federal student loan debt for eligible borrowers.

Despite a fatal blow from the United States Supreme Court, President Joe Biden doubled down on his efforts to carry out his student loan debt cancellation program on Friday and announced that the Department of Education (ED) would instead pursue implementing the plan through the negotiated rulemaking process.

NASFAA UPDATES AND ANNOUNCEMENTS

No. According to guidance NASFAA has received from the U.S. Department of Education (ED), schools and states will not receive the student's answers to the race, ethnicity, and gender questions on the FAFSA. These answers also will not appear on the Institutional Student Information Record (ISIR). View the full answer to this question to learn more.

NASFAA Office Closed Tuesday for the Independence Day Federal Holiday

The NASFAA office will be closed on Tuesday, July 4 in observance of the Independence Day federal holiday. NASFAA's Today's News will not be sent and AskRegs and technical and membership support will not be available until the office reopens on Wednesday, July 5.

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