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today’s news for Thursday, March 13, 2025

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NEWS FROM NASFAA

NASFAA has updated its Origination Fees Issue Brief to reflect current fees during the 2023-24 award year. Originally published in 2017, the issue brief examines student loan origination fees, the hidden student loan tax, which generated a staggering $1.7 billion in revenue for the federal government in award year 2023-24, and $6.5 billion over the past four award years. Origination fees stand in clear opposition to the bipartisan support for simplification, transparency, and affordability in the federal student aid system. NASFAA continues to urge Congress to pass legislation that would eliminate these origination fees. Read the updated issue brief and share with your colleagues.

NASFAA UPDATES AND ANNOUNCEMENTS

To participate in the Title IV aid programs, schools must demonstrate certain standards of administrative capability. Join Tiffany Gibbs, director of online compliance products, and Michelle Thompson, regulatory specialist, on March 19 at 2 p.m. ET, as they provide an overview of the measures of administrative capability, including special attention on the new provisions that went into effect July 1, 2024. Reserve your seat today!

Join your colleagues and friends for NASFAA Night at Disneyland on Thursday, June 26. When you register for the NASFAA 2025 National Conference, you can purchase one (1) attendee ticket for $25. Have you already registered and need to purchase your ticket separately? Visit the NASFAA Night at Disneyland page to purchase your ticket. Please note: all NASFAA Night at Disneyland attendee tickets must be purchased by May 1.

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