Brought to you by:

Brought to you by: PowerFAIDS® Mount Saint Mary College recently returned to PowerFAIDS financial aid management system to manage their campus processes. After briefly working in another system, Mount Saint Mary College knew their school needed the depth of efficient features, compliance-based functionality, and outstanding support services provided by PowerFAIDS. Read the case study to learn why their college trusts PowerFAIDS. For more information, contact PowerFaids.

The House Education & Workforce Committee on Monday released its portion of the reconciliation bill, which proposes several extensive changes to Department of Education (ED) programs and initiatives — including the federal Pell Grant program, federal student loan system, need analysis, and more. 

NASFAA is pleased to share its draft comments on regulations that would streamline current federal student financial assistance programs. In this first round of comments, NASFAA strongly urged ED not to narrow the definition of qualifying employers for Public Service Loan Forgiveness (PSLF), emphasizing the need for program stability and fairness for borrowers relying on the current rules. NASFAA also stressed that any approach to Income-Driven Repayment (IDR) plans must retain core principles of affordability and eventual loan forgiveness, while supporting simplification efforts. NASFAA hopes our members will use these comments to inform their own comments, which are due May 5, 2025.

As part of March’s Advocacy Pipeline, NASFAA hosted members for virtual meetings with congressional staffers from South Dakota. During those meetings, our pipeline participant focused on the need to increase the federal annual and aggregate loan limits, campus-based aid programs, and the FAFSA.

Whether you are searching for a new job or the perfect addition to your financial aid team, you can use NASFAA's Career Center to help. As the definitive career resource for financial aid professionals, the career center offers free job searching and resume posting, as well as a 10% discount on job postings for Value Plus members and 5% off for Value members.

All schools participating in Title IV aid programs must have regular audits of their compliance with rules and regulations. The results of those audits are sent to the federal government, which may trigger further investigation. Blue Icon can provide an independent review to help bring you in compliance before your next audit. Contact Blue Icon today to explore options.

VIEW PREVIOUS ISSUE

VIEW NEXT ISSUE

Contact us to submit questions, content or to purchase advertisements.