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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.

The Department of Education (ED) on Thursday announced that “before the end of the month” beta testing for the 2025-26 FAFSA will open to all students and families, meaning any student will be able to submit their FAFSA as part of an expansion to ED’s final beta testing phase before the form is officially set to launch by December 1.

This week on “Off The Cuff,” Hugh and David are joined by Tonya Hsiung, NASFAA U Program Manager, to discuss and answer some common questions, misconceptions and topics that catch some members by surprise in various NASFAA U courses. Topics discussed include loan fees, cost of attendance (COA), professional judgement (PJ), the Pell Grant recalculation date, and more.

The Department of Veterans Affairs’ (VA) in September announced a public comment on a revision to the form institutions use to apply for a 35% exemption request on 85/15 reporting requirements. The revision proposes a new requirement that institutions compile, retain and submit 85/15 data to the VA along with their request, regardless of whether the institution qualifies for the 35% exemption. NASFAA, in a letter led by the American Council on Education, expressed concern over this proposed revision and stressed that the data collection proposed in the notice is not allowable under law.

This four-week interactive online course, staring on January 7, 2025, will focus on the fundamentals of financial aid including applying, financial aid concepts, categories and types of financial aid, the Title IV aid programs, other federal sources of student assistance, and comparing financial aid offers. Reserve your seat today.

Please join us in congratulating Amber Kellogg on her new job. Also join us in congratulating Douglas Watson, FAAC^®, who is retiring after 40 years in financial aid. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

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