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today’s news for Tuesday, August 15, 2023

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NEWS FROM NASFAA

NASFAA on Monday submitted comments to the Department of Education (ED) on burdensome information collections (ICRs). NASFAA stressed that while individual ICRs may not necessarily impose significant burden, the cumulative burden of all information collections ED requires of institutions adds up and is sizable, and that the more time financial aid administrators spend on these activities, the less time they have to advise students and families, think strategically, engage in professional development, and implement improvements on their campuses. NASFAA also point out instances where ICRs request duplicative information or have limited value.

The Department of Education (ED) on Monday unveiled new resources to help postsecondary institutions pursue efforts to achieve student diversity, while lawfully complying with the United States Supreme Court’s decision that struck down race-conscious admissions policies.

The NASFAA staff and Board of Directors are sending good thoughts and prayers for safety to all those in the path of wildfires in Maui. NASFAA would like to remind schools in the areas affected by natural disasters about existing guidance regarding the impact of a "major disaster" on the administration of the Title IV student assistance programs. Dear Colleague Letter GEN-17-08 and its attachment are intended to help Title IV student financial aid recipients and their families who are affected by a federally declared major disaster.

NASFAA UPDATES AND ANNOUNCEMENTS

Join NASFAA on Wednesday, September 20, 2023, at 2 p.m. ET for a webinar on FAFSA simplification. The webinar will explore the upcoming changes to the FAFSA, including direct data sharing with the IRS and a streamlined Federal Methodology. Attendees will also learn more about the latest updates on implementation as we approach the launch of the new FAFSA in December. Secure your seat today. 

Blue Icon Advisors' next Let's Talk session — focusing on achieving institutional goals and objectives — is coming up on Thursday, September 21. The maximum capacity for each event is limited, so be sure to reserve your seat today. Let's Talk meets every month and gives practicing financial aid professionals the opportunity to engage with peers, learn from presenters and each other, share information, and discuss best practices. Check the schedule to see more upcoming Let's Talk topics.

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