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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.

Congress continued to carry out its oversight of the Department of Education’s (ED) handling of the 2024-25 FAFSA on Tuesday, as the House Committee on Education and the Workforce conducted a wide-ranging hearing on President Joe Biden’s fiscal year 2025 budget request. During the hearing Education Secretary Miguel Cardona received pointed questions on the administration’s priorities.

In a year where many financial aid offices feel overworked due to FAFSA simplification, administrative burden, being short-staffed, and more, a new report from the College and University Professional Association for Human Resources (CUPA-HR) and NASFAA found that over half of financial aid professionals are likely to seek other employment opportunities within the next year.

Gainful employment is back! Join Norma Robinson, Compliance Generalist, and Sarah Austin, Regulatory Specialist, today at 2 p.m. ET to cover the return of gainful employment (GE), and the introduction of Financial Value Transparency (FVT) to the financial aid landscape. This webinar will cover the who, what, when, where, why, and how of GE and FVT, including definitions, reporting requirements, metrics and frameworks, as well as when regulations officially go into effect.

Please join us in giving NASFAA's newest members: Allen School; Doral College; and Saline County Career Center a warm welcome. This month we also have the pleasure of welcoming back the following institutions as NASFAA members: Collins Career Center; John Cabot University; Piedmont Community College; and Shasta College. We are glad to have all of you as NASFAA members. We encourage you to check out our Events Calendar for a look at upcoming professional development opportunities and to utilize NASFAA's Membership Directory, Speaker and Mentor Professional Directory, and Volunteer and Leadership Directory to help you better engage and connect with your financial aid peers across the country.

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