Press Releases: 2025 Archive
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NASFAA Statement on Student Loan Tax Elimination Act
December 18, 2025 - This week, Sens. Tim Kaine (D-Va.) and Jim Banks (R-Ind.) reintroduced the Student Loan Tax Elimination Act, which would remove outdated “origination fees” on federal student loans, which essentially operate as a hidden tax on student loan borrowers. -
Statement on Plans to Redistribute Education Department Operations
November 18, 2025 - Today’s news raises significant concerns for institutions, students, and families that rely on the seamless delivery of federal student aid programs. -
NASFAA Publishes 2025 National Student Aid Profile
September 8, 2025 - The annual report gives background on the basics of the federal student financial aid programs, as well as shifts in recipients, funding levels, and award volume over time. -
NASFAA Survey Shows U.S. Department of Education Turbulence Continues to Disrupt Financial Aid Services
August 20, 2025 - The survey, conducted in July 2025, draws on the responses of financial aid practitioners at more than 500 higher education institutions nationwide. -
Excluding Financial Aid Community Jeopardizes Successful Implementation of Student Aid Reforms
July 25, 2025 - Given the topics being discussed, it is unfathomable to not have representation from the financial aid community. -
NASFAA 2025 Administrative Burden Survey Reveals Growing Strain on Financial Aid Offices
July 18, 2025 - NASFAA's 2025 Administrative Burden report reveals a sharp escalation in administrative load and resource constraints facing college and university financial aid offices nationwide. -
Statement on SCOTUS Lifting Injunction on Department of Education Layoffs
July 14, 2025 - It is concerning that the Court is allowing the Trump administration to continue with its planned reduction in force, given what we know about the early impact of those cuts. -
Statement on Resumption of Interest Accrual for SAVE Borrowers
July 9, 2025 - Borrowers are again caught in the political crosshairs regarding student loan repayment. After years of change and confusion, what borrowers really need is stability and predictability in the benefits and payment amounts available to them. -
NASFAA Statement on Passage of Reconciliation Bill
July 3, 2025 - The House on Thursday cleared the reconciliation bill, which is now headed to the White House for President Donald Trump's expected signature and contains several provisions that will directly impact higher education programs. -
2025 NASFAA Awards Announced in Anaheim
June 27, 2025 - Each year, the National Association of Student Financial Aid Administrators (NASFAA) presents awards to deserving members of the financial aid profession and higher education community. -
NASFAA Statement on Senate Reconciliation Bill
June 11, 2025 - We are relieved and grateful that the Senate rejected some of the most harmful provisions from the House-passed bill that would have limited opportunity and access for low-income students pursuing a college education. -
NASFAA Statement on Trump Administration's 2026 Budget Request
June 2, 2025 - The President's budget slashes student financial aid, effectively reducing college accessibility and affordability at a time when many families are already struggling with the daily cost of living. -
NASFAA Survey Highlights Impact of Layoffs, Potential Closure of Department of Education
May 21, 2025 - Financial aid offices are reporting operational delays, breakdowns in federal support systems, and an erosion of communication with the Department of Education following massive layoffs in March, according to a NASFAA survey. -
Statement on Federal Student Aid Cuts in House GOP Reconciliation Bill
April 29, 2025 - The House Education & Workforce Committee on Monday released its portion of the reconciliation bill, which proposes several extensive changes to the Department of Education (ED) programs and initiatives. -
Melanie Storey Named NASFAA's Next President & CEO
March 25, 2025 - With decades of experience in federal higher education policy and implementation, Storey brings a depth of knowledge of financial aid operations, innovative leadership, and operational management to the position. -
Statement on Trump Administration Plans to Dissolve Department of Education
March 20, 2025 - Dissolving the Department of Education — or starving it of resources — won’t eliminate the need to administer its programs. -
NASFAA Statement on Massive U.S. Department of Education Layoffs
March 12, 2025 - NASFAA has publicly cited the need for reorganization and greater accountability within the Department of Education, but any reform must be strategic — done with a scalpel, not a chainsaw. -
NASFAA Statement on ED's Extension of Gainful Employment/Financial Value Transparency Reporting Deadline
February 14, 2025 - Today, ED announced that it is extending the institutional reporting deadline for gainful employment and financial value transparency until September 30, 2025. -
NASFAA Statement on Federal Funding Freeze
January 28, 2025 - The Department of Education (ED) on Tuesday issued an electronic announcement noting that Title IV funds will not be impacted by a newly issued memo from OMB that seeks to temporarily pause certain federal financial assistance programs. -
NASFAA Statement on Reopening of GE and FVT Reporting Window
January 17, 2025 - On Jan. 17, ED announced that it would reopen the reporting period for institutions to submit data for gainful employment (GE) and financial value transparency (FVT) reporting requirements, until February 18, 2025.
