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today’s news for Wednesday, December 13, 2023

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NEWS FROM NASFAA

The Department of Education (ED) on Tuesday held its final negotiated rulemaking session on student loan debt relief, where the committee ultimately did not reach consensus on several proposals. Along with the votes on consensus, the committee discussed how ED could provide relief to borrowers experiencing financial hardships.

The House Education and the Workforce Committee on Tuesday advanced legislation that would enable the use of short-term Pell Grants by a bipartisan vote of 37-8.

NASFAA in a letter to the Department of Education (ED) on Tuesday requested temporary relief from burdensome requirements on students and institutions so financial aid administrators can focus on helping students navigate the financial aid application process in light of the delayed release of the FAFSA and ISIRs. NASFAA asked ED to keep verification selection rates to a minimum, increase FSAIC customer service hours, communicate clearly with students about the delays, and pause non-urgent oversight activities, among other things.

NASFAA UPDATES AND ANNOUNCEMENTS

Don’t know where to begin with your policies and procedures? P&P group coaching with Blue Icon can help! We invite you to join an intensive, six-week group coaching experience focused exclusively on financial aid policies and procedures — P&P Group Coaching. Registration closes Jan. 19, reserve your seat today.

Are you considering NASFAA’s Certified Financial Aid Administrator® Program? Start the application process now and you’ll be ready to take advantage of any of the upcoming testing windows during 2024. Check your eligibility using our free Interactive Tool. Then make sure your resume is up-to-date and apply online. NASFAA continues to waive the application fee through June 30, 2024 -- a savings of $50. Begin your journey toward certification today!

The NASFAA Policy Update & Final FAFSA Countdown will include the latest updates on what's happening in Washington related to student aid policy and FAFSA Simplification implementation. The Policy Team, today at 2p.m. ET, will provide updates on student aid funding, regulatory action, administration initiatives, and much more. The webinar is free to NASFAA members, but you must register in advance.

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