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today’s news for Wednesday, October 30, 2024

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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.

NEWS FROM NASFAA

Meet Micah Hansen, financial aid director at Southeast Technical Institute. Micah has 16 years of experience working in financial aid. He started his career at South Dakota State University and has since worked at Globe University and Kilian Community College. He has been at Southeast Technical Institute for about six years. 

NASFAA UPDATES AND ANNOUNCEMENTS

Will there be significant changes to the 2025-26 Free Application for Federal Student Aid (FAFSA)? With the implementation of the changes required as a part of the FAFSA Simplification Act in place, we will discuss changes and modifications made to the application and the application process in place for the 2025-26 application cycle. This webinar, today at 2 p.m. ET, will walk through the coming year's application process.

Head to NASFAA's Community Resource Library to see newly submitted samples of institutional verification worksheets provided by your peers and to get ideas for your own forms. Do you have any documents, presentations, forms, or guides that your office uses to better navigate verification? It's not too late to send us your submissions. Thank you for helping support our community.

Don't miss your chance to join us February 9-12 in Washington, D.C., for NASFAA's 2025 Leadership & Legislative Conference & Expo. The conference will feature six different learning pathways to further your professional goals: Association Leadership, Compliance Management, Executive Leadership Collective, FAAC® Forum, Financial Aid Management & Leadership, and Strategic Enrollment Management. Learn more about the pathway options, and register today to secure your seat.

U.S. DEPARTMENT OF EDUCATION

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NASFAA TRAINING

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