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today’s news for Monday, January 13, 2025

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NEWS FROM NASFAA

On Friday, the Department of Education (ED) updated a July electronic announcement (EA) revising the timeframe for National Student Loan Data System (NSLDS) postscreening results to appear on 2024-25 Institutional Student Information Records (ISIRs) transmitted to institutions.

We are deeply saddened by the devastation caused by the wildfires raging in California and are closely monitoring developments in the region. To all those directly impacted, the NASFAA Board of Directors and staff extend our heartfelt thoughts and best wishes for your safety and well-being.

In this monthly round-up in Today's News, we would like to highlight what’s going on in your state and regional associations. This month, we have the opportunity to hear from our colleagues from Oklahoma, Puerto Rico, Georgia, and the Southwest Association of Student Financial Aid Administrators (SWASFAA).

NASFAA UPDATES AND ANNOUNCEMENTS

No. According to guidance NASFAA received from the U.S. Department of Education (ED), the regulatory change in 34 CFR 668.22(d)(1)(vii) does not apply to programs that are a part of the revised Second Chance Pell Experiment. The rule is limited to eligible Prison Education Programs (PEPs), as defined under 668.236. View the full answer to this question to learn more.

This eight-week interactive online course, starting on February 10, will review the types of higher education loan programs. It will cover the Direct Loan application and origination process, eligibility criteria, annual and aggregate limits, loan periods, loan repayment plans, deferments, forbearance, discharges and counseling requirements. Reserve your seat today!

U.S. DEPARTMENT OF EDUCATION

NASFAA IN THE NEWS

NASFAA TRAINING

NASFAA CAREER CENTER


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