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Education Department (ED) said it has discovered a calculation error in studentfinancialaid applications sent to colleges this month and will need to reprocess them, potentially continuing delays for college applications.
Higher ed association leaders are looking to address financialaid confusion by forming a task force to establish guiding principles and standards for studentaid offers. Dr. Ted Mitchell Higher ed institutions often use different terminology and guidelines when providing financialaid information.
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.
Dr. Aaron Fichtner Educators, college administrators and students say the governor’s proposed FY25 budget reduction — flat funding from FY24 — could negatively affect students and the higher education community. New Jersey Council of County Colleges members fear Gov.
Financialaid offices were already struggling with staff shortages, a lack of representation and other personnel challenges when the FAFSA fiasco struck higher ed. The report found that median salaries for financialaid employees are higher at colleges and universities that process more FAFSA applications.
Manny Rodriguez His job entails research and collaboration with other education groups, state legislators, and education officials in accordance with TICAS’s mission to increase college access, affordability, and success through improvements in studentfinancialaid policies.
Traditionally, the FAFSA form opens on October 1, leaving students and their parents plenty of time to fill out the form. Institutions review the data and put together a financialaid offer, helping families decide which institution is the best fit for them and their wallets. Nina Longino, executive director of iMentor, Chicago.
This document, a roadmap for the next conservative presidential administration, frames diversity and inclusion efforts as a coordinated attack on American values, advocating for a radical restructuring of federal education policy that would have devastating consequences for historically underrepresented students.
Coleman said that a common structure that schools are using is to have an overarching committee focusing on big picture issues, with subcommittees focusing on potential effects for individual departments.
Public Administration Review, 78 (4), 626-639. link ) University of Tennessee System’s FY2024 budget: [link] University of Tennessee System’s FY2022 annual financial report: [link] UTK’s Budget Allocation Model (responsibility center management) website: [link] Higher education expenditures Archibald, R. link ) Ward, J. Broton, K.
Title: Resumption of Loan Repayment: Task Force Report Authors: National Association of StudentFinancialAidAdministrators The National Association of StudentFinancialAidAdministrators (NASFAA) recently released a report providing guidance to college and university leaders on how to support borrowers waiting for their student loan repayments to (..)
The Aid Officer’s Advocate Liam Knox Mon, 09/23/2024 - 03:00 AM The interim president of the National Association of StudentFinancialAidAdministrators discusses cost transparency, staff burnout and, of course, FAFSA. Byline(s) Liam Knox
The National Association of StudentFinancialAidAdministrators (NASFAA) is calling on Congress to take legislative action and require the Education Department to give colleges until July 2025 to comply with the reporting requirements in the new gainful employment and financial value transparency rule.
Title: Pell for Incarcerated Students Working Group Report Source: National Association of StudentFinancialAidAdministrators (NASFAA) The signing of the 2021 Consolidated Appropriations Act canceled the ban on access to Pell Grants for formerly or currently incarcerated adults.
Colleges interested in providing prison education programs need to adapt their financialaid practices to best serve incarcerated students, according to a new report from the National Association of StudentFinancialAidAdministrators.
Colleges and universities’ admissions and enrollment teams were already preparing for one of the most complicated years in financialaid history with the release of FAFSA Simplification. “This means in the minds of prospective students no particular school has a unique edge.”
But what bugs students about college costs isn’t just that it’s expensive; it’s because they rarely understand by how much. With how significantly students today regard colleges’ costs and scholarship packages when making their enrollment decision, it may prove wise to take a more transparent approach to student costs.
Most colleges are not following best practices for providing clear and standard information in their financialaid offers. That’s a direct quote from the latest federal analysis of how easy—or difficult—colleges and universities are making it for students to figure out how much higher ed will cost.
Following a soft launch beginning in the last week of December, thousands of students were unable to log into the system or permit their parents’ access. Instead, strained financialaid offices will have to submit individualized form corrections, a tall feat at large institutions with thousands of incorrectly filed forms.
Column: Letters to the Editor To the Editor: I write regarding Wesley Whistle's December essay urging Congress to step in to improve the transparency of financialaid letters. National Association of StudentFinancialAidAdministrators. Justin Draeger. President & CEO.
Image: Financial wellness may not be the first area that comes to mind when thinking of well-being, but it is considered one of the eight dimensions of wellness. Inside Higher Ed spoke with three financialaid professionals about their best strategies to strengthen this area for students. What Is Financial Wellness?
Public Administration Review, 78 (4), 626-639. link ) University of Tennessee Systems FY2025 budget: [link] University of Tennessee Systems FY2023 annual financial report: [link] UTKs Budget Allocation Model (responsibility center management) website: [link] Higher education expenditures Archibald, R. Broton, K. link ) Billings, M.
The last year has been a hellish one for many college financialaid directors—and, not surprisingly, for the head of the National Association of StudentFinancialAidAdministrators, who’s leaving his role after 14 years.
The Biden administration is best known for one thing: vastly overreaching its authority and then acting surprised when it gets pushback. But as written, the new guidance will increase regulatory burdens, stifle innovation, balloon administrative compliance costs and reduce access to education, particularly for nontraditional learners.
Financialaidadministrators at colleges and universities say a lack of time and guidance from the U.S. Department of Education are key barriers they’ll face in preparing to carry out the coming overhaul of the Free Application for Federal StudentAid. 1—the launch date for the FAFSA since 2016.
The Department of Education is supposed to release an updated version of the Free Application for Federal StudentAid in October, but organizations representing financialaid officers and college access groups are seeking to confirm that timeline. 1, as currently planned.
“More than 17 million students and thousands of schools use the FAFSA form to help access and award financialaid every year, but far too many are locked out of aid because of the cumbersome processes and outdated technology that come with the current form,” FSA chief operating officer Richard Cordray said in a statement.
For example, colleges must also address increasing studentfinancialaid and decreasing private giving and endowments. Similarly, building an online infrastructure to appease the demands of digitally native students will prove costly.
Title: National StudentAid Profile: Overview of 2022 Federal Programs Source: NASFAA Federal financialaid programs play a critical role for students as college costs continue to rise.
Public Administration Review, 78 (4), 626-639. link ) University of Tennessee System’s FY2023 budget: [link] University of Tennessee System’s FY2022 annual financial report: [link] UTK’s Budget Allocation Model website: [link] Higher education expenditures Archibald, R. Journal of StudentFinancialAid, 48 (3), Article 4.
NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on studentfinancialaid. Colleges tapped into their endowments for a variety of reasons, but primarily for studentfinancialaid.
Title: Evaluating Student and Institutional Experiences With HEERF Source: National Association of StudentFinancialAidAdministrators (NASFAA), NASPA: Student Affairs Administrators in Higher Education, and HCM Strategists A new report evaluates the administration of federal Higher Education Emergency Relief Fund (HEERF) dollars across three rounds (..)
The decision drew dissent from CSU’s faculty union and students who are already struggling with their current expenses, but university officials defended the decision, stating that the tuition raise will help CSU continue supporting studentfinancialaid and academic success programs.
But the system doesn’t have enough administrative staff to navigate the complexities of managing a multistate workforce and can’t offer the flexibility some employees want. She also noted that a growing lack of financialaid officers at the colleges risks slowing down the processing of studentfinancialaid paperwork.
“You see these headlines of college prices skyrocketing, that sort of thing, you know, it sends a message to low-income families that college is unaffordable,” said Jill Desjean, senior policy analyst for the National Association of StudentFinancialAidAdministrators, according to The Hill.
How does your university handle financialaid? Can you provide demographic or psychographic information on your online student population? Student Support Questionnaire What forms of payment are allowed? How does the institution track students’ financialaid status? What is your desired service level?
When challenged to explain the proposed ban on asynchronous distance learning for these programs, the Department only alluded to vague anecdotes of complaints about program quality and concerns about administration by institutions. Letters to the Department from a bipartisan group of U.S.
Hossler has received career achievement awards from the American College Personnel Association, the Association for Institutional Research, the College Board, and the National Association of Student Personnel Administrators. “Edu Alliance is honoured to welcome Don to the Advisory Council,” said Managing Partner Dean Hoke.
Public Administration Review, 78(4), 626-639. link ) University of Tennessee System’s FY2024 budget: [link] University of Tennessee System’s FY2022 annual financial report: [link] UTK’s Budget Allocation Model (responsibility center management) website: [link] Higher education expenditures Archibald, R. link ) Rutherford, A., &
Gustafson served in faculty and administration at Presbyterian for nearly two decades before departing to Mercer University (Ga.) There, she served as dean of the College of Liberal Arts and Sciences, whose 2000-student population is double the size of Presbyterian’s, according to the college’s website. president. “It
How might a prospective cosmopolitan female student who speaks Mandarin or Hindi respond differently than domestic female students to the various steps in the admissions and recruitment process? Hossler’s areas of specialization include college choice, student persistence, studentfinancialaid policy, and enrollment management.
Schools were allowed to pay work-study wages for students whose employment was interrupted by COVID, for example, and didn’t have to count incomplete classes due to COVID in financialaid calculations. This adjustment may be an administratively complex process. It sort of starts a clock.
So there’s different financialaid implications around what it will cover and what it won’t. We’ll see under the new administration, everything I’m hearing that my ears are open to and that I’m reading is that it will probably be a sooner rather than later priority. And you have to prioritize.
About 43 million people are expected to resume or start repayments of their student loans. The National Association of StudentFinancialAidAdministrators (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.
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