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After a difficult year following the enactment of the One Big Beautiful Bill Act (OBBBA), NASFAA President and CEO Melanie Storey sat down with Jon Fansmith of the American Council on Education (ACE) at NASFAA’s 2026 Virtual Summit to discuss the future of higher education by examining trends, challenges, and opportunities for the financial aid community.

This AskRegs Knowledgebase Q&A was updated on July 13, 2026, to include more recent details and partial-term guidance provided by the U.S. Department of Education (ED). This update represents a slight change in NASFAA's understanding related to how transfer credits equate to partial terms. View the full answer to this question to learn more.

At this year's NASFAA Virtual Summit, attendees have the opportunity to join Blue Icon for a Let's Talk session on July 16. This session, presented by Blue Icon Advisors, will give you the opportunity to engage with peers and discuss the NASFAA 2026 Virtual Summit. Review the full NASFAA 2026 Virtual Summit schedule and register your institution today!

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