Effective May 18, 2022, Federal Student Aid (FSA) extended the waiver of certain verification requirements for the 2022-2023 award year in an effort to reduce barriers to receiving financial aid experienced by many students. The good news is that this … Read more »
NIL Compensation and How it Will Impact Financial Aid
Last summer the NCAA announced an interim policy that allows student athletes to be compensated for use of their name, image or likeness (NIL). The most common situation is likely to be student athletes contracting with third parties as independent … Read more »
Federal Student Aid Announces Verification Changes for 2021 – 2022
On July 13, Federal Student Aid (FSA) announced that effective that day, most verification requirements for the 2021 – 2022 award year have been waived to provide relief to students and their families struggling to meet the requirements. There are … Read more »
Does the Federal Work-Study Program Need Reform?
The federal work-study program was implemented nearly 55 years ago as part of the campus-based aid program where the Department of Education (ED) provides colleges with a lump sum to distribute to students who meet the rather broad eligibility criteria. … Read more »
CDR: To Challenge or Not to Challenge…
Next month, colleges will receive draft Cohort Default Rates (CDR) for FY2016 and will have the opportunity to challenge the data if there are inaccuracies. First let’s dive into what the CDR represents. The Department of Education calculates the … Read more »
The Latest Updates on the Higher Education Act
As of the first week of March 2018, the Senate’s Health, Education & Labor Committee has held eight hearings to help move along the Higher Education Act’s (HEA) reauthorization. We are still a bit of time away from a potential … Read more »
Impacts of the Final Tax Bill on Colleges and Universities
On December 22nd, President Trump signed into law one of the largest tax reforms in U.S. history. A few weeks back, there were several pieces of the initial legislation that would have had impacted students as … Read more »
April Is Financial Literacy Month: Community College Watch
Resources for Financial Aid Offices
With recent reports highlighting the struggles community college students face to make ends meet, financial literacy is critical for our students, our schools and our communities. Here are some resources for students and examples of
Community College Watch – Latest News
In case you missed it, here are some recent community college related articles that we have been reading:
A list of the 2017 Awards of Excellence Finalists for community colleges
Community college revenues up as a whole in FY 2015… Read more »
What is Gainful Employment Debt-To-Earnings?
The week of October 17th, 2016, the National Student Loan Database (NSLDS) generated and sent a report to the Student Aid Internet Gateway (SAIG) mailbox for schools that were required to report Gainful Employment (GE) data. These recently uploaded … Read more »