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At a time when higher education faces financial and political scrutiny, this sustained giving is a powerful vote of confidence, said Sue Cunningham, President and CEO of CASE. higher education for 67 years, shows that nearly half of all endowed gifts were designated for studentfinancialaid.
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.
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.
A seasoned federal policy and financialaid operations expert will lead the National Association of StudentFinancialAid Administrators, the organization announced Tuesday.
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.
Over half of all financialaid professionals are likely to seek employment in a new sector within the next year, according to a new report from the College and University Professional Association for Human Resources and the National Association of StudentFinancialAid Advisors (NASFAA).
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.
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.
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.
In Scholaroo’s recent studentfinancialaid index report, the scholarship-tracking service investigated the amount of money each state is allocating to its students through assistance programs. The report broke it down by each undergraduate student on average, by state.
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.
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.
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.
link ) Financialaid policies, practices, and impacts Anderson, D. Experimental evidence on the impacts of need-based financialaid: Longitudinal assessment of the Wisconsin Scholars Grant. FAFSA and beyond: How advisers manage their administrative burden in the financialaid process. Broton, K.
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.”
The survey found that much of the endowed support was targeted by donors to fund studentfinancialaid, academic divisions, and faculty and staff compensation. That is more than double these gifts’ weight in 2022, when seven such contributions accounted for 1.8% of the total.
billion in studentfinancialaid in the 2021–22 academic year, a 1 percent increase compared to the year before, according to an annual survey by the National Association of State Student Grant and Aid Programs, an association of state agencies that administer state-appropriated financialaid dollars.
If implemented, its recommendations would likely lead to significant cuts in funding for programs designed to support underrepresented students, including recruitment and retention programs for minority students, financialaid for low-income students, and support services for first-generation college students.
With less than two weeks until the typical May 1 commitment deadline, only 34 percent of colleges have started sending financialaid offers to accepted students, according to new survey data from the National Association for StudentFinancialAid Advisers (NASFAA); 54 percent had not begun packaging offers at all.
Last year, we contracted with the National Institute for Student Success to assess graduation and retention gaps at the state universities and at one community college and develop customized playbooks for each institution to close their gaps.
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.
Philanthropy is on the rise in higher education as donors prioritize research, financialaid and faculty. Perhaps unsurprisingly, nearly half of all endowed gifts were designated for studentfinancialaid. Here’s a closer look at the numbers. of the total amount contributed to endowments.
Dartmouth College and Northwestern and Vanderbilt Universities have become the latest institutions to settle a financialaid antitrust lawsuit that accused 17 institutions of illegally colluding to limit studentfinancialaid packages. Dartmouth will pay $33.75 million, Northwestern $43.5
Journal of StudentFinancialAid, 48 (3), Article 4. link ) Financialaid policies, practices, and impacts Anderson, D. Experimental evidence on the impacts of need-based financialaid: Longitudinal assessment of the Wisconsin Scholars Grant. Journal of StudentFinancialAid, 51 (2), Article 2.
Dartmouth College and Northwestern and Vanderbilt Universities have become the latest institutions to settle a financialaid antitrust lawsuit that accused 17 institutions of illegally colluding for decades to limit studentfinancialaid packages. Dartmouth will pay $33.75 million, Northwestern $43.5
The Aid Officer’s Advocate Liam Knox Mon, 09/23/2024 - 03:00 AM The interim president of the National Association of StudentFinancialAid Administrators discusses cost transparency, staff burnout and, of course, FAFSA. Byline(s) Liam Knox
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.
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.
Title: Resumption of Loan Repayment: Task Force Report Authors: National Association of StudentFinancialAid Administrators The National Association of StudentFinancialAid Administrators (NASFAA) recently released a report providing guidance to college and university leaders on how to support borrowers waiting for their student loan repayments to (..)
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.
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.
About a quarter of all aid that goes toward higher education in Kentucky goes toward studentfinancialaid. Teach financial literacy: The state education department created a website to provide resources to assist schools to implement the financial literacy standards.
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.
Dartmouth College and Northwestern and Vanderbilt Universities have become the latest institutions to settle a financialaid antitrust lawsuit that accused 17 institutions of illegally colluding to limit studentfinancialaid packages. Dartmouth will pay $33.75 million, Northwestern $43.5
The largest percentage, 46%, went to studentfinancialaid, with academic programs and research following at 15.6%. However, Howard, the richest HBCU, bucked the trend and gained around 7% in market value, reflecting the advantages that wealthier schools possess.
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.”
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.
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 StudentFinancialAid Administrators. Justin Draeger. President & CEO. Disable left side advertisement?
But what bugs students about college costs isn’t just that it’s expensive; it’s because they rarely understand by how much. And schools got that,” said National Association of StudentFinancialAid Administrators (NASFAA) President Justin Draeger, according to The Washington Post.
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. Read more from USA Today.
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 Florida Coastal School of Law lost its federal financialaid earlier that year. However, the ABA only accredits Juris Doctor (J.D.)
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.
College affordability: Colleges want to better coordinate efforts between operating appropriations, studentfinancialaid programs and policies to set tuition rates that better reflect their communities.
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