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today’s news for Thursday, October 31, 2024

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NEWS FROM NASFAA

The Department of Education (ED) on Wednesday announced via an electronic announcement that it has implemented technical fixes to several “bugs” identified in both the 2024-25 FAFSA cycle and the current beta testing of the 2025-26 FAFSA.

Preliminary data shows a decline in college freshmen enrollment for the 2024-25 year, the first decline since the fall of 2020. However, this time, instead of a pandemic, a panel of experts tied the trend to the tumultuous rollout of the 2024-25 FAFSA.

The Department of Education (ED) in an updated electronic announcement, posted three new FAQs in the reporting section for Gainful Employment (GE) and Financial Value Transparency (FVT). The updated questions – labeled “NEW” – concern institutional debt and how it should be reported, reporting data for a student enrolled in more than one educational program at the institution, and reporting licensure exam pass/fail rates if the results are not available by the reporting deadline.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA holds elections each year to select members to serve on its Board of Directors, which provides oversight and guidance for the direction of the association. Participating in the NASFAA election process is an important way to contribute to your association. Start by nominating yourself or a colleague today for National Chair or Representative-at-Large. The nomination deadline is this Thursday, October 31, 2024, 5:00 p.m. ET.

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U.S. DEPARTMENT OF EDUCATION

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NASFAA TRAINING

NASFAA CAREER CENTER


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