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The Department of Education (ED) on Monday night told NASFAA that it will release a data file of approximately 100 system-generated test Institutional Student Information Records (ISIRs). The test ISIRs will cover different student scenarios, including dependent student records with one or two parents, independent student records with and without a spouse, and records reflecting the new provisionally independent student status. The test ISIRs will also provide examples of federal tax information (FTI) retrieved from the IRS. There will be examples of all three formulas (A, B, and C) used to calculate the new Student Aid Index (SAI) along with the intermediate values, Max Pell Indicator, and Min Pell Indicator. Finally, there will be some rejected records that will not have an SAI but will include the associated reject codes. Stay tuned to Today’s News for more information on this announcement.

NASFAA on Monday submitted comments to the Department of Education (ED) related to its authentication process for individuals without a Social Security number (SSN) applying for an FSA ID. NASFAA reminded ED of the importance of this population’s ability to obtain an FSA ID and to submit the FAFSA. With respect to the form, NASFAA’s comments were largely technical and focused on areas where ED could provide more clarity.

Registration is now open for NASFAA’s 2024 National Conference in Milwaukee, Wisconsin! The NASFAA national conference is the premier event serving the student financial aid community, taking place on June 16-19, 2024. Learn how you can justify your attendance, and take a look at our tentative agenda and featured speakers. Make sure to register before May 1 for early bird pricing.

Join us on Thursday February 29, at 2 p.m. ET, for a discussion on best practices for using technology to streamline your scholarship matching process, and maximizing your institution's scholarships. This session will also include a demonstration of the latest technology from Scholarship Magic where you will be able to observe the scholarship process in action. Register now to reserve your seat.

The next New Director Group Coaching cohort, provided by NASFAA's Blue Icon Advisors, is starting next month. Designed for financial aid administrators with less than one year of experience at the director level, you'll work alongside a small group of other new financial aid directors as you discuss compliance-related matters, develop an operational calendar, learn about how to identify and support your staff's professional development needs, and more. The start date for the next six-week cohort is March 18, 2024. Register today to reserve your spot.

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