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today’s news for Tuesday, January 23, 2024

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NEWS FROM NASFAA

Rep. Virginia Foxx (R-N.C.), chairwoman of the House Committee on Education and the Workforce, earlier this month introduced the College Cost Reduction Act, which seeks to address issues around college cost, accountability, and transparency. This article, the third in a three-part series analyzing the bill, focuses on aspects of the legislation that would create a risk-sharing program centered around direct loans, create new policies to aid transfer students in their pursuit of higher education degrees, and eliminate many of the recent regulations created during negotiated rulemaking.

Meet Christopher Rodriguez, FAAC®. Christopher has 23 years of financial aid experience, currently serving as director of financial aid at Rowan College South Jersey. Additionally, he has served in the aid offices at Middlesex County College and Cumberland County College. Learn more about Christopher and his career in financial aid in this brief Q&A.

NASFAA UPDATES AND ANNOUNCEMENTS

The 2024 Leadership & Legislative Conference & Expo is quickly approaching. While we hope you'll be able to participate in opportunities to network with colleagues and build your leadership skills, we understand things may happen that can impact your ability to attend. The last day to cancel your registration and receive a refund is this Friday, January 26. We hope to see you there!

Significant changes to the Pell Grant eligibility criteria and Federal Methodology (FM) formula are on the horizon, including a new name for the Expected Family Contribution (EFC), which has become the Student Aid Index (SAI). Join NASFAA's Jackie Cottom on February 21, at 2 p.m. ET, for a deep dive into the new SAI. Reserve your seat today!

Blue Icon Advisors, NASFAA Consulting, is looking for financial aid professionals at all levels to join its team of independent consultants. Currently Blue Icon is looking for peer reviewers for the Standards of Excellence (SOE) Review Program, interim leaders who can travel and/or work full-time, interim staffing (aid processing and file review), and systems managers. We are looking for your unique experience, expertise, and interests to assist clients across the country. Take the next step in your career and apply today.

U.S. DEPARTMENT OF EDUCATION

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