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today’s news for Friday, March 20, 2026

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ELM Resources. Welcome to the next generation of ELMOne. Six-digit certification is just one of the new ELM features available to help your financial aid office simplify processing, improve operational efficiency, and prepare for evolving borrower needs as OBBB takes effect. Stop by our booth at NASFAA 2026 or contact us today to learn what's next.

NEWS FROM NASFAA

The Department of Education (ED) on Thursday announced it is shifting its student loan portfolio responsibilities to the Treasury Department through a new interagency agreement (IAA), with the subsequent goal of phasing out other Federal Student Aid (FSA) functions to the agency.

NASFAA members have reported receiving an increase in the number of borrower defense to repayment (BDR) claims over the past several weeks, leading to questions about the reason for the sudden uptick, whether more claims will follow and how many to expect, and whether and how schools should respond given the fact there are a number of different regulations governing borrower defense claims.

NASFAA UPDATES AND ANNOUNCEMENTS

Join Voices of NASFAA today at 12:00 p.m. ET for an impactful conversation with Shondra Dickson, Simpson University’s Dean of People, Culture, Mission, and Financial Aid. With over 20 years of experience across public and private institutions, Shondra is a specialist in breaking down barriers for students. Don’t miss this chance to hear how she integrates institutional mission with financial strategy to help every student succeed.

In its commitment to the graduate and professional community, NASFAA is providing this webinar, on April 22 at 2 p.m. ET, as a forum for graduate and professional financial aid administrators to discuss current issues of concern for their students and peers. NASFAA will provide an update on topics specific to the graduate and professional aid community, and close with a question-and-answer session. Reserve your seat today!

Please join us in congratulating Christina Tangalakis on her new job. Also join us in congratulating Brandi Blanton on her achievement. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

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