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Inceptia. Even with the recent student loan repayment announcements, current 0% CDRs could jump with 30% of borrowers not, nor intending to, pay their loans. While low CDRs may look like positive financial health, it's not the full story. Read more about the CDR illusion and its impact on institution's financial and operational health.

Whether you're fresh out of college or transitioning from another field, the insights and recommendations from seasoned financial aid administrators can help guide you as you get started in the financial aid profession. To shed light on the essential advice for newcomers, we've compiled a list of ten recommendations directly from NASFAA’s Most Valuable Professionals (MVPs). 

This AskRegs Knowledgebase Q&A was updated on April 18, 2024 to reflect a clarification to this guidance shared by the U.S. Department of Education (ED) during the April 18, 2024 Better FAFSA Better Future Q&A - Session 3 webinar. Yes. During the April 18, 2024 Better FAFSA, Better Future Q&A- Session 3 webinar, the U.S. Department of Education (ED) explained that even if family size is transferred via the FUTURE Act Direct Data Exchange (FA-DDX), if the family size is manually updated on the FAFSA and the application is selected for verification, the school must still verify family size according to the guidance in the September 19, 2023 Federal Register. View the full answer to this question to learn more.

More financial aid professionals recently joined hundreds of financial aid professionals across the country who now hold the FAAC^® designation. Check the Registry to see if any of your colleagues have been certified and congratulate them for this achievement! Certified by the Certified Financial Aid Administrator^® Commission, these individuals now qualify to receive a multitude of benefits. Would you like to become certified, too? The next testing window opens on the 1st – or take advantage of any of the upcoming testing windows. Start by exploring your eligibility today using our free interactive eligibility tool.

Gainful employment is back! Join Norma Robinson, NASFAA Regulatory Specialist, to cover the return of gainful employment (GE) to the financial aid landscape. This webinar, on May 8 at 2 p.m. ET, will cover the definition of a GE program, the metrics that will be used to measure GE programs, as well as when regulations officially go into effect. Reserve your seat today.

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