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today’s news for Friday, December 1, 2023

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NEWS FROM NASFAA

This week on a special episode of “Off The Cuff,” Justin is joined by Dr. Tisa Silver Canady, the founder and executive director of the Maryland Center for Collegiate Financial Wellness, to discuss student loan repayment, including some significant changes in the system that occurred in the past three years during the pause on federally-held student loans, and where things stand as repayment resumes.

Education Under Secretary James Kvaal kicked off the third day of Federal Student Aid’s virtual training conference with a keynote address underscoring the breakneck pace at which the higher education landscape has changed in recent years, saying the flexibility needed to respond to challenges stemming from the pandemic, demographic cliffs, the rise of artificial intelligence, and debates over the value of higher education require that of an Olympic-level gymnast.

Federal Student Aid (FSA) on Thursday at its 2023 virtual training conference outlined new provisions of federal tax information (FTI) and FAFSA data use under the FUTURE Act and FAFSA Simplification Act, answering key questions from financial aid offices.

NASFAA UPDATES AND ANNOUNCEMENTS

Every year, NASFAA recognizes outstanding members and other higher education stakeholders for their achievements and contributions to financial aid, students, and/or NASFAA. Nominate your colleagues for awards such as the Gold Star Award, the Robert P. Huff Golden Quill Award, and the Allan W. Purdy Distinguished Service Award, among others. Award winners will be announced this summer at the NASFAA 2024 national conference in Milwaukee, WI. Nominations are due Feb. 9, 2024 — submit yours today!

This is the last testing window in 2023! Before the year ends, get the recognition you deserve by earning the FAAC® designation. If your application has already been approved, purchase the certification knowledge exam and schedule your session online. If you haven’t applied yet, take advantage of the waived application fee and complete your application online right away. Learn more about the testing process and make sure you meet all of the technical requirements. Utilize candidate resources to review for the exam.

Please join us in congratulating Phyllis Torry, formerly the director of financial aid at Rust College, who is now the director of financial aid at Christian Brothers University, and Marla Bush, who was promoted from director of financial aid to dean of student services and financial aid at University of Arkansas Hope-Texarkana. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

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