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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.
“These efforts include changes in leadership, boosting oversight and accountability, and engaging a variety of stakeholders so that FSA works best for our most important stakeholders — students and families.” for schools with a higher share of minoritized students.
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. He’s a great asset in California.”
According to the school, studentfinancialaid will not be affected. . The school had been “on monitoring” for two years, the maximum consecutive monitoring period, according to the agency.
While not without its flaws, the department has played a crucial role in protecting the civil rights of students and ensuring equal opportunity in education. Even today, we see state governments enacting policies that disproportionately harm socially, culturally, and economically diverse (SCED) students.
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.
However, growing investment needs across state government, coupled with volatile budget surpluses, require higher ed stakeholders to remain incisive with their demands. In the report , SHEEO identified that the majority of states in question this year are working on healthy budgets thanks to a sturdy national economy and robust reserve funds.
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.
Harnisch, vice president for government relations at the State Higher Education Executive Officers Association, said removing the exemption is a “step backward for students and families,” especially at a time of declining enrollment in rural areas. “But all of a sudden, now it is.” ” Thomas L.
EAB’s Kathy Ruby and Madeleine Rhyneer explore changes to FAFSA forms themselves and to how the federal government calculates eligibility for studentfinancialaid. Follow the podcast on Spotify , Google Podcasts , Apple Podcasts , SoundCloud and Stitcher or visit our podcast homepage for additional episodes.
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. Consider that a third of schools in a Government Accountability Office (GAO) report used a federal template created by the U.S. Justin Draeger.
But about 90% of colleges “understate or don’t include the net price” in their offers, according to a report released this week by the Government Accountability Office. “The GAO report highlights the ways schools are falling short in communicating college costs to students.
Government Accountability Office. Hossler has received career achievement awards from the American College Personnel Association, the Association for Institutional Research, the College Board, and the National Association of Student Personnel Administrators. . Edu Alliance Group, Inc.
But over on Title IV funding streams for Pell and other forms of studentfinancialaid, I think there’s a growing recognition across the board Matthew Sterenberg (10:25.919) So. And so we do report certain things like we report our enrollment through a mechanism called full-time student equivalency to the state auditor.
As the COVID-19 pandemic dawned in Spring 2020, the federal government granted institutions of higher education a series of waivers and flexibilities that allowed them to continue functioning under radically different conditions. According to Spreitzer, additional specifics should be available from the government soon. “I
by Héctor Ríos-Jara Governments across the globe are increasingly adopting student debt cancellation or forgiveness policies. Recent proposals in the US, Chile, and Colombia have reignited discussions about the student loan crisis and the need for alternative funding solutions in higher education.
A: I think it’s important for senior leaders in higher education institutions to be aware of the public policy context and how it influences higher education and the resources available to institutions and students. One important policy consideration is how divided government at the federal level will affect higher education.
“Unfortunately, in the last several years, colleges and universities and financialaid offices have gotten used to a political game of chicken in Washington, D.C., Colleges are hoping that a potential default would be short and have a limited effect on students, given that aid is mostly distributed in the fall or winter.
The primary rule change is designating a CISO or a qualified individual responsible for protecting customer information or studentfinancialaid data. If you’re a consultant for US government entities, that’s probably not what you want to be known for. There are nine elements.
The money also helped institutions absorb the shock of enrollment declines, lost revenue and other financial stressors during the pandemic. “What’s more, the aid was largely directed to the students who needed it most: those from low-income families and those attending underresourced institutions,” Draeger said.
The state had argued that the Missouri Higher Education Loan Authority (MOHELA), a non-profit government corporation, would suffer decreased revenues and be unable to make mandatory payments into a state fund.
Similarly, student calls for their institutions to cut ties with Israel has a storied history. college or university studentgovernments vote on divestment resolutions in the 2014-2015 academic year, Jewish Philanthropy reports. The Boycott, Divest and Sanctions movement saw 44 U.S.
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 (federal studentfinancialaid), and Title IX (campus security). and how these will impact institutions and students.
Justin Draeger, president of the National Association of StudentFinancialAid Administrators, applauded the Pell Grant increase in a statement as well as the additional funding for federal studentaid. “Robust investment in a skilled workforce and scientific innovation is vital to U.S.
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. The data are currently available through the IPEDS Use the Data Page: [link] 2.
Trump announced loan program will be moved from Department of Education to Small Business Administration The Trump administration s rehoming of the federal student loan program is putting student borrowers at a higher risk of defaulting on their loans and may not save the government the money that it is claiming it will, experts say.
In addition, any recent perceived mistreatment of international students quickly spreads across the globe. The visa process put into place by the Trump administration or China’s decision to expel all international students during the pandemic are examples of government policies that can influence the decisions of future graduate students.
While advocates of access hailed the policy, the for-profit sector and financialaid offices raised worries. The program will use undercover operatives—“secret shoppers”—to test whether schools are complying with laws governing the federal financialaid program.
Specific to higher education, the most prominent role the department plays is facilitating studentfinancialaid through loans, grants and federal work-study. Its student loan portfolio stood at $1.47 Here’s a look at how much money was disbursed to students through various means of financialaid last fiscal year.
Department of Education, one of the federal governments smallest Cabinet-level agencies, operates programs across every level of education. About $4 billion went to the Office of Postsecondary Education , which, among other things, provides grants for colleges controlled by tribal governments and for other minority serving institutions.
Title IV's Office of Federal StudentAid 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 federal government and higher education institutions.
“All of us collectively have been sounding the alarm for almost a decade about student debt and the crisis that was to come, and today, this is our Super Bowl,” said Kristin McGuire, executive director of Young Invincibles, one of the organizations that hosted the rally.
The apparent aims were to evade the heightened government regulations applied uniquely to for-profit schools in order to guard against waste, fraud, and abuse — and to escape the growing stigma that the industry’s predatory behavior had placed on for-profits.
These developments have immediate and long-term consequences for college presidents, boards, financialaid departments, and the students they serve. Critical Functions Cut: Whats Gone and Whats Left Federal StudentAid (FSA) FSA was among the hardest-hit divisions. and international institutions.
” 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 federal government plays there.”
Gutting the Biden rules would increase the vulnerability of both students and taxpayers to billions in waste, fraud, and abuse from deceptive, poor quality schools even though the stated purpose of DOGE is to halt government excess.
It oversees key federal programs, such as Title I, which provides financial assistance to schools with high numbers of low-income students, and the Individuals with Disabilities Education Act (IDEA), which supports students with special needs. Linda McMahons nomination is part of a pattern.
” 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 federal government.
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