NASFAA Statement on GAO Report on Financial Aid Offers December 5, 2022-On Monday, the Government Accountability Office (GAO) released a report examining the way colleges and universities communicate financial aid offers with students and parents.
NASFAA Survey Examines How Students, Institutions Used Emergency Pandemic Funds October 5, 2022-NASFAA released the results of a survey examining how students and institutions used federal emergency pandemic aid, and how lessons learned can inform state policy, institutional aid programs, and future federal emergency aid programs.
NASFAA Statement on House Democrats’ LOAN Act September 15, 2022-As NASFAA has said time and again, widespread loan forgiveness of any kind should also come with comprehensive reforms to the student loan system to prevent borrowers and taxpayers from ending up in the same position in the future.
NASFAA Statement on Student Loan Forgiveness, Extension of Payment Pause August 24, 2022-Today's announcement should provide relief to millions of low- and middle-income student loan borrowers, with a particular emphasis on those who struggled most to afford higher education. Whether it does will depend on how well it is implemented.
NASFAA Publishes 2022 National Student Aid Profile August 3, 2022-Newly published “National Student Aid Profile: Overview of 2022 Federal Programs,” provides a glimpse into shifts in the number of recipients, volume of awards, and more.
2022 NASFAA Awards Announced in Austin June 29, 2022-Each year, NASFAA presents awards to deserving members of the financial aid profession and higher education community.
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.
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 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 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 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.