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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.
EAB’s Kathy Ruby and Madeleine Rhyneer explore changes to FAFSA forms themselves and to how the federalgovernment calculates eligibility for studentfinancialaid. They highlight winners and losers under the new federal formula and examine how the changes may impact different types of institutions.
As the COVID-19 pandemic dawned in Spring 2020, the federalgovernment granted institutions of higher education 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.’”
While it does not appear that studentfinancialaid will be affected in the short term, all federal grants and contracts are certainly up in the air even though some of them enjoy legal protections.
The Winter 2023-24 collection includes the following survey data: Graduation Rates for selected cohorts; Outcome Measures for cohort year 2015-16; StudentFinancialAid, academic year 2022-23; and Admissions, Fall 2023. 15 (SPD 15): Standards for Maintaining, Collecting, and Presenting Federal Data on Race and Ethnicity.
Title IV's Office of FederalStudentAid received the largest departmental budget allocation - over $68 billion, with $20 billion promised for distribution during 2025 4. This represents the largest financial relationship between the federalgovernment and higher education institutions.
The Supreme Court will also hear arguments about the legal validity of President Biden’s student loan forgiveness policy. A: My book is based on research I’ve conducted into the federalgovernment’s role in higher education throughout history and today.
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.
” Institutions will need to seek more partners in the private philanthropic space to help support studentfinancialaid, and income-based loans are one way to maximize their contributions, according to these nonprofit leaders. That’s kind of the most important role the federalgovernment plays there.”
With massive staff reductions, rollback of key civil rights regulations, and a stunning shift of student loan collection authority to the Small Business Administration, higher education institutions now face a regulatory landscape unlike any before. With their federal contacts eliminated or replaced, theyre now navigating blind in many cases.
Washington Update Key Discussion Points: Higher Education Act 2019 Changes : Emphasis on the need for a comprehensive review of the act, touching on Title II (teacher education), Title IV (federalstudentfinancialaid), and Title IX (campus security). That’s number one.
Department of Education, one of the federalgovernments smallest Cabinet-level agencies, operates programs across every level of education. In fact, less than 8% of public school revenue came from federal agencies, including the Education Department, before COVID-19 reached the U.S.
Department of Education to investigate Keiser’s schools, which have received billions in taxpayer-funded studentfinancialaid. Senior Democrats in Congress, including senators Dick Durbin (D-IL) and Elizabeth Warren (D-MA) have called on the U.S.
” The National Association of StudentFinancialAid Administrators (NASFAA) has said that the department needs to be reorganized for greater accountability but that reductions should be made strategically. In recent days, the Trump administration has acted in other ways to reduce the size of the federalgovernment.
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