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Take the Mic

NASFAA’s staff and elected officers are frequently out and about, speaking on the issues that matter to our members at key events in both the Washington, DC policy community and at state and regional conferences. Next month, NASFAA Vice President Megan Coval will speak at the Chesapeake and Potomac Association of Collegiate Registrars and Admissions Officers (CAPACRAO) Annual Conference in Laurel, MD. Head to the Events Calendar to see what's on tap for the next couple of months and check back frequently for updates.

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A bill to eliminate origination fees, a bill to extend the Perkins Loan Program, and another that would allow the usage of Pell Grants for non-traditional programs highlight this month's Capitol Recap. In a relatively light month for new student aid-related legislation, Members of Congress introduced 10 pieces of legislation with implications for student aid in September. NASFAA's Capitol Recap provides summaries of each bill introduced in September, while the NASFAA Legislative Tracker provides a comprehensive list of all student aid-related bills introduced so far this session.

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AskRegs

Learn the answer to this question and learn how to instantly find credible and reliable solutions to your most pressing regulatory and compliance questions with NASFAA's AskRegs Knowledgebase. The Knowledgebase guide and video tutorials highlight the many features of this tool.

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"Students have until June 30th to file the Free Application for Federal Student Aid, otherwise known as the FAFSA. Every year, the U.S. Department of Education gives over $120 billion in federal grants, loans and work-study funds to more than 13 million college students, making it the largest provider of student financial aid in the country," CNBC reports. "But according to NerdWallet, the high school class of 2017 missed out on $2.3 billion worth of free college aid — money towards tuition that doesn't need to be repaid — simply by not filling out the form." NASFAA's Karen McCarthy is quoted.

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"Nelnet on Thursday announced the largest acquisition in the history of the company," Lincoln Journal Star reports. "The Lincoln-based company said it has entered into an agreement with Great Lakes Higher Education Corp. to buy its student loan servicing company, Great Lakes Educational Loan Services Inc., for $150 million."

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"Thousands of college students in Puerto Rico were flooded out of their homes and schools nearly a month ago after Hurricane Maria hit the U.S. territory Sept. 20. As the island continues to struggle toward recovery, one New Orleans university is striving to aid students displaced by the Category 4 hurricane," The Times-Picayune.

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"As secretary of the Department of Homeland Security in 2012, I presided over a formal and vital change to our nation’s immigration enforcement priorities," Janet Napolitano writes for NBC News. "... Now the future of DACA is in jeopardy. The Trump administration’s plan to end the program is illegal, unconstitutional, and anathema to our national ethos."

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"It's time to combine two of the hottest topics in higher education: free college and apprenticeship," Iris Palmer writes for New America's EdCentral. "States are already trying to use free college to address labor market demands. Arkansas, Kentucky, and Indiana have all created programs that only provide 'free college' for particular certificates or degree programs that they believe are in demand."

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"Sens. Bernie Sanders (D-VT) and Ted Cruz (R-TX) duked it out over tax reform at a CNN town hall debate Wednesday night. While the debate devolved at times to slinging personal barbs and arguing over who was interrupting whom, the senators did broach at least one topic that college students present and future are anxious to know: how Trump's tax plan will affect college students and their prospects for a job," according to Bustle. NASFAA's Megan Coval is quoted.

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 Off the Cuff

This week on "Off The Cuff," Justin and Allie talk about new issues with verification rates the the publication of Pell charts, while Megan and Stephen take members from the graduate and professional community to Capitol Hill. Allie outlines the details of a new lawsuit against Education Secretary Betsy DeVos over her decision to delay the gainful employment rule, and Justin shares some breaking news from the student loan servicing arena, as Nelnet acquires Great Lakes Educational Loan Services Inc. Plus, how one congressman allegedly used student loan benefits to strong arm employees into extending their stay.

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Statement of Purpose

“The Minnesota Association of Financial Aid Administrators (MAFAA) is an association of professionals committed to the principle that no one should be denied access to higher education for financial reasons.”