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NASFAA is pleased to share a draft of its response to the Department of Education's (ED) request for comments on its proposed regulations to implement the new accountability framework provisions of the One Big Beautiful Bill Act (OBBBA), which were negotiated by the AHEAD rulemaking committee. NASFAA's comments address the STATS and Earnings Accountability framework, including concerns about the earnings benchmark comparison group, the treatment of Prison Education Programs, the proposed loss of all Title IV eligibility as a consequence, and implementation timeline questions. NASFAA hopes our members will use these comments to inform their own comments, which are due to ED on May 20, 2026.

As more institutions begin to adapt artificial intelligence (AI) tools for their work, NASFAA has set out to review institutions' AI policies, finding that while institutions have AI policies intact, many don’t have specific guidance on how financial aid offices should use the technology for their work, which often involves complex processes and sensitive information.

Interest rates are determined each June 1 for the upcoming award year by adding a fixed percentage to the high yield of the 10-year Treasury note auctioned at the final auction prior to June 1. As a result of the May 12 auction, the interest rates for federal loans first disbursed on or after July 1, 2026, are expected to slightly increase from 6.39% to 6.52% for undergraduate Direct Loans, from 7.94% to 8.07% for graduate/professional Direct Unsubsidized Loans, and 8.94% to 9.07% for Parent and Graduate PLUS loans. The interest rate caps for these loans are 8.25%, 9.5%, and 10.5%, respectively. Federal Student Aid (FSA) will release a chart explaining the changes soon.

Go beyond just attending the NASFAA National Conference 2026. This webinar, on June 3 at 2 p.m. ET, will help you prepare for the conference, connect, and turn new contacts into meaningful, long-term professional relationships. Reserve your seat today!

New changes to Consumer Information requirements focus on increasing transparency, improving communication, and helping students make informed decisions about their education and finances. Institutions must proactively implement these updates to stay compliant and better support students. This webinar, now available on demand, reviews the enhancements and test your knowledge of the requirements.

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