Financial Aid Grants and Contracts Industry 
Confessions of a Community College Dean
APRIL 3, 2023
The department wrote a Dear Colleague letter in February that said any entity involved with the administration of an institution’s federal student aid is considered a third-party servicer, which puts them under the department’s oversight authority and subjects the companies’ contracts with institutions to regular audits.
University Business
JANUARY 22, 2024
The program is set to offer graduating seniors interested in pursuing jobs in high-demand industries 80% coverage of their tuition or up to $8,000 in grants. The expanded access and affordability for high school graduates granted at Maine Free College and the Idaho Launch program share similar motivations.
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The Change Leader, Inc.
JANUARY 9, 2024
But they’ve crafted this regulatory guidance in a way that it would have impacted the entire ed tech industry, whether you’re OPM or not. [00:53:47] The original intent of TPS regulations was to regulate entities that directly administer Title IV financial aid. So, maybe they end up doing that. [01:02:30]
Diverse: Issues in Higher Education
SEPTEMBER 13, 2024
I’m putting my time and energy into my education and volunteer efforts and living on campus on my scholarship and financial aid,” she says. Today, they’re working in various industries, like teaching, medical, dentistry, law — and these people often set up businesses and take jobs in underserved communities.
The Change Leader, Inc.
APRIL 4, 2023
The original rule was designed to monitor contracted companies that provide colleges and universities with services to manage various aspects of Federal Student Aid. Drumm McNaughton 06:52 Another point is that at the root of all this is Title IV, Federal Financial Aid. It provides grants and loans to students.
The Change Leader, Inc.
JULY 12, 2023
The primary rule change is designating a CISO or a qualified individual responsible for protecting customer information or student financial aid data. Institutions must annually vet employees granted access to information and ensure more people haven’t been granted access. The third involves access review controls.
Robert Kelchen
FEBRUARY 12, 2025
While it does not appear that student financial aid 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 higher education field still bears scars from the pandemic, and one key one is the need for financial liquidity.
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