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PowerFAIDS® To improve processing, packaging, and integration with on campus systems, Virginia University of Lynchburg transitioned to PowerFAIDS. The financial aid team highlighted the system's efficiency and data functionality and praised the PowerFAIDS team as "very thorough and helpful throughout our entire implementation process." Connect with us to see how PowerFAIDS can streamline your aid processes.

The House Appropriations Committee on Tuesday night, in a 34-28 vote, advanced its fiscal year (FY) 2027 funding bill for the Department of Education (ED) and other government agencies, adopting a bipartisan amendment that would reclassify nursing programs as a professional degree.

According to discussions during the U.S. Department of Education's (ED) June 5, 2026 One Big Beautiful Bill Act (OBBBA or Working Families Tax Cuts Act) Virtual Office Hours webinar, the new loan limits are effective for periods of enrollment beginning on or after July 1, 2026. If the period of enrollment starts before July 1, 2026, the new loan limits do not apply, and student’s interim exception (legacy or grandfathering) status does not have to be determined. NASFAA has also updated its loan limits flowchart to better match this clarification. View the full answer to this question to learn more.

NASFAA is pleased to announce the election of Chico Dimas, FAAC® from the RMASFAA region as 2026-27 Chair-Elect of the CFAA Commission. Joining the Commission are Tayler Kreutter, FAAC® from the EASFAA region, Kim Wellman, FAAC® from the WASFAA region, and Lauren Greider, FAAC® as Commissioner-At-Large. Chad Olson, FAAC® from the MASFAA region will serve for an additional two years. Sincere thanks to Jessica Flogaites, FAAC®, Shawn Domingo, FAAC®, and Lee Bray, FAAC® as their terms end June 30, 2026. NASFAA appreciates all CFAA Commissioners for serving in this oversight role and representing the interests of the entire financial aid community.

Have you taken a moment lately to see if your myNASFAA profile information is correct? Review your contact and demographic information, email options, directories & settings, as well as your transactions & involvement. Please contact Membership Services by email if you have any questions.

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