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Higher ed association leaders are looking to address financialaid confusion by forming a task force to establish guiding principles and standards for student aid offers. Dr. Ted Mitchell Higher ed institutions often use different terminology and guidelines when providing financialaid information.
Education Department (ED) said it has discovered a calculation error in student financialaid applications sent to colleges this month and will need to reprocess them, potentially continuing delays for college applications.
It’s been a year of missteps, miscalculations, confusion, delays, glitches, and frustration after the botched launch of the simplified FAFSA, which has prevented financialaid packages from being awarded to students with ample time to make plans for their future. Last week, Secretary of Education Dr. Miguel A.
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Expanding eligible financialaid for expenses beyond tuition, such as extracurricular activities, books, and supplies.
Unfortunately, recent research suggests that many students are not provided clear, concise, and accurate information they need to fully understand the financial implications of the choices they have made. Moreover, schools have resources at their disposal to do so. Moreover, schools have resources at their disposal to do so.
Institutions review the data and put together a financialaid offer, helping families decide which institution is the best fit for them and their wallets. The result of all the chaos could be a diminished freshman class entering postsecondary education in fall 2024 and a continued racial gap in educational achievement. “We
In the landscape of financialaidadministration, staffing challenges have persistently taken center stage, echoing across industry publications for the past five years.
Art Coleman, co-founder of EducationCounsel Coleman was presenting as part of a webinar organized by the National Association of Diversity Officers in HigherEducation, part of a series about the cases that could fundamentally re-align their work.
As Title IV administrators, we’re all too familiar with the term “conflicting information.” ” It’s a staple in our daily operations in highereducation, and its regulatory definition can be found in 34 CFR 668.16(f), f), 34 CFR 668.16(b)(3), b)(3), and 34 CFR 668.54(a)(2).
Refugee and asylee students face unique challenges in accessing highereducation, but financialaidadministrators can play a crucial role in supporting them. These students are eligible for federal financialaid, yet navigating the documentation and verification processes can be … Read more .
It’s important for students to submit their applications for financialaid as soon as possible. The sooner you file your FAFSA the better your chances of maximizing your financialaid. If you have any questions about school-specific deadlines, you should talk to your financialaidadministrator.
Federal Student Aid confirmed this past Friday in an electronic announcement that it has successfully reprocessed FAFSA records that were negatively affected by issues with FPS and FA-DDX.
Department of Housing and Urban Development estimates that around 56,000 students in highereducation experience homelessness annually. Navigating college is challenging for any student, but for those experiencing homelessness, the road is far more daunting. In fact, the U.S. This … Read more ».
In the ever-evolving landscape of highereducation, institutions are continually seeking innovative ways to optimize their operations, streamline processes, and deliver top-notch services to their students. One crucial area that demands precision, accuracy, and efficiency is financialaidadministration.
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Expanding eligible financialaid for expenses beyond tuition, such as extracurricular activities, books, and supplies.
After fourteen years of commendable leadership, Justin Draeger has announced his resignation as President & CEO of the National Association of Student FinancialAidAdministrators (NASFAA), effective June 21, 2024.
Volume 3 – Electronic Data Exchange and FAFSA Processing revisions explain that a financialaidadministrator (FAA) cannot add or correct personally identifiable… More » 2024–25 FAFSA Specifications Guide (July 2024 Update) The post 2024–25 FAFSA Specifications Guide (July 2024 Update) first appeared on College Aid Services.
Federal Student Aid confirmed this past Friday in an electronic announcement that it has successfully reprocessed FAFSA records that were negatively affected by issues with FPS and FA-DDX.
As the COVID-19 pandemic dawned in Spring 2020, the federal government granted institutions of highereducation a series of waivers and flexibilities that allowed them to continue functioning under radically different conditions. They’ll have to refamiliarize themselves with the ‘normal-normal,’ as opposed to the ‘new normal.’”
The National Association of Student FinancialAidAdministrators (NASFAA) has issued its final report and a toolkit for financialaid professionals across the nation in anticipation of the resumption of federal student loan repayments.
The state of Missouri argued that it would be damaged by the debt forgiveness through loss of revenue to the Missouri HigherEducation Loan Authority (MOHELA), a quasi-state loan servicer. Justice Ketanji Brown Jackson expressed doubt that that would ever happen, and Justice Sonia Sotomayor called the position “so totally illogical.”
This will adversely affect the college plans of students planning to apply in the 2023-24 admissions cycle as well as students who need to re-apply for Federal aid each year. FAFSA data is also critical for the states that use it as the basis for their own awards of financialaid.
“These steps are a direct response to input we’ve received from financialaidadministrators and college and university presidents about where they’re seeing challenges in implementing Better FAFSA and the concrete ways and steps we can take that help them process this information easier and simpler,” said Cardona.
Craig Slaughter has been named executive director of financialaid at Wake Forest University. Craig Slaughter Slaughter has served as the associate vice president for enrollment and director of financialaid at Kenyon College since 2017.
Highereducation is bracing as the nation's debt ceiling nears its limit, The Hill reported. defaults, colleges and universities would lose significant federal funding and students may lose access to aid. Justin Draeger Republicans and President Biden have been in negotiations for weeks over the matter. And if the U.S.
The Department of Education’s announcement last week of a secret shopper program to investigate the recruitment, enrollment, and financialaid practices of schools has garnered mixed reactions. While advocates of access hailed the policy, the for-profit sector and financialaid offices raised worries.
The state had argued that the Missouri HigherEducation Loan Authority (MOHELA), a non-profit government corporation, would suffer decreased revenues and be unable to make mandatory payments into a state fund. But when it kicks in, the Secretary can take exceptional measures.”
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