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Charitable contributions to American colleges and universities increased by 3 percent in the 2023-2024 academic fiscal year when adjusted for inflation, according to a report released Thursday by the Council for Advancement and Support of Education (CASE). percent of total educational and general expenditures in 2024, compared to 10.5
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.
The “Paying for College Transparency Initiative” seeks to improve clarity, accuracy, and consistency of studentfinancialaid offers. This national task force will create financialaid offer principles and standards to help students understand education costs and compare offers.
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
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.
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
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.
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
Philanthropy is on the rise in higher education as donors prioritize research, financialaid and faculty. When adjusted for inflation, donations to higher education increased by 3% during the 2023-24 academic year, according to a new report from CASE Insights. Here’s a closer look at the numbers.
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.
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.
A seasoned federal policy and financialaid operations expert will lead the National Association of StudentFinancialAid Administrators, the organization announced Tuesday.
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
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.
While some students have been able to navigate the new FAFSA within the ideal, reduced time-window of about 30 minutes, many other families encountered hiccups in the system, unable to send in paperwork due to unique familial circumstances or missing social security numbers for undocumented parents or students.
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.
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.
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!
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.
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
Another year, another opportunity for higher education stakeholders to set the agenda for state policy and improve its value. State support for higher education decreased in more than half of all states between 2020-22 when adjusted for inflation, destroying momentum built over the last two decades.
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.
Still, a combination of technology and legislative changes should lead to a simpler process to fill out the application, which is essential for students to access need-based federal and state financialaid. The draft materials only include the paper application , though most students use the online portal to apply for aid.
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.
More than half of all working-class Americans hold a college degree or credential beyond high school, according to a new report from the Lumina Foundation, a higher education advocacy group. About a quarter of all aid that goes toward higher education in Kentucky goes toward studentfinancialaid.
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.
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.
If we’ve learned anything from this last year, it’s just how critical financialaid administrators are to ensuring students can access postsecondary education,” NASFAA President and CEO Justin Draeger said in a statement.
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.),
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.
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.
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.
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.
With the flurry of higher ed staff processing and packaging aid offers, reviewing financialaid appeals and counseling students on the changes, the National Association of StudentFinancialAid Administrators (NASFAA) is asking the Department of Education to work closely with financialaid offices to protect underresourced students from the lightning-quick (..)
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.
Image: Higher education administrators say a change in the federal studentaid formula could mean lower levels of financialaid for children whose parents run family farms or small businesses, and they want Congress to take action. “The net worth includes everything,” he said. ” Thomas L.
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.
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.
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.
Only 27 percent of the Class of 2022 (then graduating seniors) had never interacted with their financialaid office, compared to 50 percent of the Class of 2025, then first-year students. Instead, he teaches students how to manage money thoughtfully and carefully. Share here. Is this diversity newsletter?:
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.
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.
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.
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