Press Releases and Statements

• NASFAA Statement on 50th Anniversary of Federal Pell Grant Program
  June 23, 2022 - Fifty years ago today, President Richard Nixon signed the Education Amendments Act of 1972, creating the BEOG.
• NASFAA Statement on Department of Education’s Borrower Defense Loan Forgiveness
  June 1, 2022 - The Department of Education (ED) today announced it will cancel $5.8 billion in student loans for 560,000 students who attended campuses of the for-profit chain Corinthian Colleges, Inc., which abruptly closed its doors in 2015.
• Top Higher Education Policymakers to Speak at NASFAA 2022 National Conference
  May 26, 2022 - NASFAA 2022 National Conference will host more than 1,400 of practicing financial aid administrators.
• Staffing Shortages in Financial Aid Offices Reach Critical Levels Amid Pandemic
  May 24, 2022 - The results of two NASFAA member surveys paint a grim picture of a once-manageable hardship that has grown into a crisis for many aid offices that are struggling to remain in compliance with federal regulations and meet the needs of students.
• NASFAA Statement on New FAFSA Verification Requirement Waivers for 2022-23
  May 18, 2022 - The Department of Education (ED) today announced that it would be making temporary changes to the verification process for the 2022-23 award year.
• NASFAA Report Examines Student Loan System Shortcomings to Protect Borrowers
  May 16, 2022 - In a report released today, NASFAA provides thoughtful, systemic, and targeted policy solutions to address underlying flaws in the student loan repayment and servicing systems that lead borrowers into financial hardship.
• NASFAA Statement on Department of Education PSLF, IDR Loan Forgiveness
  April 19, 2022 - The Department of Education (ED) today announced it will make administrative changes to the Public Service Loan Forgiveness (PSLF) and income-driven repayment (IDR) programs that will result in forgiveness for thousands of student loan borrowers.
• NASFAA Statement on Extension of Student Loan Payment Pause
  April 6, 2022 - The Department of Education (ED) today announced it will extend the pause on student loan payment and interest accrual until August 31, 2022.
• NASFAA Statement on Biden’s Fiscal Year 2023 Budget Proposal
  March 28, 2022 - President Joe Biden on Monday released his budget request for fiscal year 2023, which will impact award year 2023-24.
• NASFAA Statement on Fiscal Year 2022 Spending Bill
  March 11, 2022 - Members of Congress took steps this week to advance the fiscal year 2022 spending bill, which among other things allocates $24.6 billion for federal student aid programs.
• NASFAA Statement on President Biden's State of the Union Address
  March 1, 2022 - NASFAA President Justin Draeger issued the following statement following Biden's call to increase the maximum Pell Grant award.
• NASFAA Urges Higher Ed Community to Join in Financial Aid Awareness Month Advocacy
  February 18, 2022 - Throughout the month of February, NASFAA joins the higher education community to celebrate Financial Aid Awareness Month.  
• NASFAA Survey Shows Impact of Early FAFSA
  February 14, 2022 - For students who rely on federal aid to fund their college education, the sooner they know their aid eligibility, the better. A new survey from NASFAA shows students are beginning to reap the rewards of policy changes implemented five years ago.
• NASFAA Endorses Pell Grant Sustainability Act
  February 3, 2022 - Congressional Democrats recently unveiled new legislation that would seek to ensure that federal resources keep up with changing economic trends by restoring the automatic annual inflation adjustment to the Federal Pell Grant program.
• NACAC, NASFAA Recommend Framework for Equity in College Admission and Financial Aid
  January 19, 2022 - This new report from NASFAA and the National Association for College Admission Counseling (NACAC) attempts to understand and dismantle impediments to racial equity in the college admission and financial aid processes.
• Press Releases: 2021 Archive
  December 31, 2021
• Press Releases: 2020 Archive
  December 31, 2020
• Press Releases: 2019 Archive
  December 31, 2019
• Press Releases: 2018 Archive
  December 31, 2018