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TODAY'S NEWS

today’s news for Monday, August 21, 2023

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NEWS FROM NASFAA

A school wants to carry forward 10% of its Federal Work-Study funds. Can the school then include the funds it carried forward in the 25% it transfers to Federal Supplemental Educational Opportunity Grant (FSEOG)? Think you know the answer? Read on to see if you got it right!

Schools Report Receiving a Flurry of Borrower Defense Claim Notifications in Past Week

NASFAA is tracking reports from schools that have received their first borrower defense claim notifications in the past week. We have followed up with FSA for more information and to better understand their communication process with schools. Stay tuned to Today's News for future updates.

NASFAA UPDATES AND ANNOUNCEMENTS

No. The school will no longer be able to collect a traditional FAFSA signature page on behalf of the student, spouse, or parent contributor starting with the 2024-25 award year – not even for confined or incarcerated students. View the full answer to this question to learn more.

Are you looking to take the next step in your career and become a financial aid director? Aspiring Director Group Coaching with Blue Icon Advisors can help you get there! In weekly meetings, you'll work on mastering financial aid leadership skills, receive practical advice from experienced professionals, form a network with your peers, and more. This will be the only group coaching session offered this year for aspiring directors — read what other past participants have to say, and register by October 20 to secure your spot!

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