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today’s news for Wednesday, August 19, 2026

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NEWS FROM NASFAA

NASFAA has identified an issue with how StudentAid.gov displays the Graduated and Extended Graduated repayment plans for borrowers logged into their accounts. The site's description says monthly payments start high and gradually decrease, and the displayed payment range also goes from high to low, both of which are the opposite of how these plans actually work. The issue does not occur when borrowers manually enter loan balances rather than logging in.

The Department of Education (ED) published an electronic announcement on Monday announcing that public institutions no longer need to submit public status documentation via eZ-Audit unless specifically requested by ED.

A new report from the Government Accountability Office (GAO) examines how college athletic programs rely on institutional financial support, including student tuition and fees, to fund athletic programs.

NASFAA UPDATES AND ANNOUNCEMENTS

Blue Icon Advisors' upcoming Let's Talk session, tomorrow, August 20, will focus on campus readiness for the implementation of the One Big Beautiful Bill Act (OBBBA). Exchange ideas and practical approaches that can assist your colleagues adapt to these regulatory changes. Check the schedule for additional upcoming topics and be sure to register for this upcoming session.

NASFAA's Rapid Response Network (RRN) provides timely feedback on student aid issues to NASFAA staff, which is then used in NASFAA's policy and advocacy work with Congress and the Department of Education. Communication is done through a listserv, and RRN members are asked to provide feedback relevant to their own institution or experiences. If interested, please apply to volunteer no later than 5:00 p.m. ET on Friday, August 21, 2026. This volunteer opportunity is only open to individuals who are employed at NASFAA member institutions.

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