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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. Department of Education. “It
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.
The recently released "Project 2025: The Conservative Promise" paints a dystopian picture of American higher education, overrun by a "woke" ideology that supposedly threatens our nation's very foundations. The document's authors misrepresent the origins of progressive thought in education. Department of Education is deeply troubling.
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. Phil Murphy is planning to cut about $20 million in state funding to community colleges. Murphy said the $55.9
Manny Rodriguez laments childhood memories of the discourse surrounding education policies in California, particularly those that negatively affected migrant families like his. Manny is a leader in higher education policy advocacy,” says Brian Rivas, senior director of policy and government relations at The Education Trust — West. “He
Letherio Zeigler Letherio Zeigler has been named financialaid director at Savannah Technical College in Georgia. He served as director of studentfinancialaid at Mississippi Valley State University.
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.
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. Longino works with Chicago Public Schools (CPS).
Senators Alex Padilla of California and Bernie Sanders of Vermont in a letter to Education Secretary Dr. Miguel A. Padilla and Sanders, who is also chairman of the Senate Committee on Health, Education, Labor, and Pensions, led 24 Senators in urging U.S.
higher education institutions was $58 billion in the fiscal year ending June 30, 2023. percent decline from the record high reported in 2022, it demonstrates continued significant philanthropic support to the important higher education sector. Giving to U.S. Although this represents a 2.5
This spring, I get to teach my PhD class in higher education finance again—the eighth time that I have taught it in my eleven-year faculty career. Each time, I have updated the readings considerably as the field is moving quickly and I figure out what works best for the students. Eight economic facts on higher education.
According to the school, studentfinancialaid will not be affected. . While we are disappointed with the decision made by the SASCOC Board, we are not discouraged; the entire SAU community has renewed our commitment to fulfill our vision and stay the course to complete our mission.”
Higher education is one of the most powerful assets our state has to uplift families, support businesses, and create prosperity. Graduates of higher education have increased volunteerism, improved health outcomes, and lower incarceration rates. Historically, higher education has underserved many Kansans.
Assemblymember Marc Berman California state legislators are considering a bill designed to ensure that students who are parents can get the most out of their studentfinancialaid. AB 2458 would help student parents afford, enroll in, and successfully complete their higher education journey," said Berman.
Art Coleman, co-founder of EducationCounsel Coleman was presenting as part of a webinar organized by the National Association of Diversity Officers in Higher Education, part of a series about the cases that could fundamentally re-align their work. Coleman was peppered with questions about what might happen and the potential implications.
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 StudentFinancialAid Administrators.
Read more » The post How Campuses Can Help Prepare Borrowers for the Resumption of Student Loan Repayments appeared first on Higher Education Today. NASFAA created.
Although the data represents only about 20% of non-profit colleges and universities, those institutions own about 99% of the endowment wealth in higher education, according to calculations by Dr. Sarah M. Kimball, professor emeritus of educational studies at the Ohio State University. billion and the median was approximately $203.4
The National Association of StudentFinancialAid Administrators (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.
Read more » The post How State FinancialAid Programs Propel Low-Income and First-Generation Students appeared first on Higher Education Today. Recent research by the National. Recent research by the National.
Title: 52nd Annual Survey Report on State-Sponsored StudentFinancialAid, 2020-2021 Academic Year Author: National Association of State Student Grant Aid Programs The National Association of State Student Grant and Aid Programs (NASSGAP) recently released an annual survey report on state studentaid programs.
Title: Pell for Incarcerated Students Working Group Report Source: National Association of StudentFinancialAid Administrators (NASFAA) The signing of the 2021 Consolidated Appropriations Act canceled the ban on access to Pell Grants for formerly or currently incarcerated adults.
The Department of Education has reportedly opened an investigation into Baker College’s marketing and recruiting practices following an article last year by The Detroit Free Press and ProPublica that revealed the college spent more on marketing and recruiting than on studentfinancialaid.
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.”
I hope that everyone had a restful break and is excited to come back for what will undoubtedly be an eventful year in the world of higher education. To add to the excitement of the coming few months, I have the pleasure of teaching my PhD class in higher education finance again. Department of Education. Happy reading!
Department of Education sent hundreds of thousands of inaccurate studentfinancialaid assessments to colleges in recent weeks, it acknowledged Friday —an error it blamed on an outside vendor. General Dynamics in particular has been a sore subject in the Education Department in recent months.
I have the pleasure of teaching my PhD class in higher education finance again at Tennessee this summer. Our students take classes year-round, and I am offering the class in a condensed five-week format this summer to best meet the needs of our students. Here is the reading list I am assigning my students for the course.
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.
Nine out of 10 colleges either exclude or understate their net cost of attendance in studentfinancialaid offers, according to the Government Accountability Office (GAO), a government watchdog organization. Here are three ways to do so. Schools like Houghton University (N.Y.), Washington & Jefferson (Pa.),
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. Department of Education and still would have failed to meet the 10 standards issued by the GAO. In the meantime, why wait? Justin Draeger.
The Department of Education announced Thursday that the Simplified FAFSA form for the 2025-26 academic year will be widely available on or before Dec. A limited set of students and institutions will be granted entry beginning on Oct. Secretary of Education Miguel Cardona in a statement.
Federal StudentAid discovered five law schools that improperly disbursed $2.9 million of ineligible federal financialaid funds to 92 students between 2017 and 2022. The Department of Education has subsequently fined three of the institutions and has requested from all five reimbursements for the allotted funds.
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?
The Higher Education Act recognizes organizations that contract with a college or university to help administer or participate in the Title IV financialaid programs as third-party servicers, subject to federal monitoring and compliance requirements.
Image: The new version of the Free Application for Federal StudentAid won’t be available to students until December, the Education Department confirmed this week. “A delayed release date could compound that confusion and result in a decline in applicants for federal studentaid,” the coalition wrote.
Financialaid administrators 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.
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.
The Department of Education has reportedly opened an investigation into Baker College’s marketing and recruiting practices following an article last year by The Detroit Free Press and ProPublica that revealed the college spent more on marketing and recruiting than on studentfinancialaid.
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. NASFAA aims to increase awareness.
Higher education gained an unlikely asset during the pandemic, and it came in the shape of billions of federal emergency funding. A new report by Bain & Company is forecasting the majority of higher education to be in a tough financial spot three years from now due to a confluence of operational challenges affecting institutions.
For their analysis, NASFAA, Read more » The post New Report Evaluates Student and Campus Experiences With Federal COVID Relief Funding appeared first on Higher Education Today.
Making Sure Your Institution Is Ready for Online Student Success With Archer’s Readiness Assessment On the crowded highways of higher education, institutions are continually having to navigate through critical construction zones. It’s a blend of foresight, flexibility, and focused execution.
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