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05/18/16 - Meet MASFAA's New Committee!
The Financial Literacy Committee doesn't have a MASFAA webpage yet, but you can still find out what they've been up to! Click on "more..." to read all about their recent meetings and plans for the future.  (more...)
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Tomorrow is the last day to register online for the conference. After 5:00 pm ET tomorrow, you will need to complete our on-site registration form and bring it to the registration desk in the Marriott Wardman Park to register. If you wish to cancel your conference registration, you must do so by 5:00 pm ET tomorrow, otherwise you will be responsible for the full amount of the registration fees and will be billed (cancellation fees will apply). If someone is attending the conference in your place, please complete the Conference Cancellation & Change of Attendee Form by tomorrow.

NASFAA would like to recognize our 2016 Platinum conference sponsors who help NASFAA deliver a great conference filled with financial aid training, new products, networking, and professional development opportunities. Thank you to CollegeAveDiscover Student Loans, Sallie Mae, and Inceptia for their financial support and on-site participation which help to make our conference more valuable for our attendees. Please visit the exhibit hall to speak directly with our sponsors and learn how their products and services can help you achieve your goals. See you in DC.

 Compliance Engine Logo

The NASFAA Compliance Engine will make its debut July 10 at the National Conference. Over the past few weeks, we have provided a series of video tours to help you use the Compliance Engine to its fullest. This week's video focuses on the features of the "My Checklists" Dashboard. Sort your checklists, quickly review assignments, archive and re-activate items so you can keep your virtual workspace organized and efficient. Reporting options allow you to export the contents of your checklists and completed assignments to PDF format and email reports directly from the tool to help your entire team stay on task. Watch the video to learn more.

"Imagine if a college, using learning analytics, has determined that students of a specific ethnic background who live in a handful of zip codes and score a certain way on standardized tests are highly likely to earn a low grade in an important course -- potentially jeopardizing their chances of graduating on time. Should the college actively prevent those students from enrolling in the course?" Inside Higher Ed reports.

"The education world funnels a lot of energy into identifying barriers to college, and helping traditionally marginalized students climb over them. We've streamlined the federal financial-aid process. We've come up with ways to nudge students into applying for, and enrolling in, college. But one of the big barriers could also be one of the most overlooked: a student's ZIP code," Education Week reports.

"College students will get a bit of a break for the coming academic year: Interest rates on new federal student loans they take out are dropping," The New York Times reports.

"When many of us think of going off to college, we think of U-Hauls filled with plastic bins, parents helping kids settle into their dorm rooms. A new preliminary study from California State University suggests a much different reality for some of the 460,000 students. About 20 percent don't have enough food to eat, and around 1 in 10 lack stable housing. They stay on friends' couches, in shelters or in cars," NPR reports.

"The Oklahoma State Regents for Higher Education will meet this week to approve fiscal year 2017 budgets and tuition increases for the state's 25 public colleges and universities," The Oklahoman reports.

"Congratulations! You were accepted to one of your top-choice colleges––only you're not celebrating quite so hard, because a meager financial aid package has you feeling less than triumphant," according to CollegeXpress. "Reports on the rate of success of financial aid appeals vary. A survey from the National Association of Student Financial Aid Administrators and the College Board found that 5% of public colleges and 10% of private colleges adjusted financial aid in response to a family's stated inability to pay."

"...Guidance counselors talk of finding a school that’s the right 'fit' academically and that has an atmosphere that suits the student. But as students and parents get wrapped up in the emotional quest for a 'dream school,' they can lose sight of the financial consequences of the decisions they make. And when the acceptance letters finally (hopefully) roll in, families of college-bound students can find themselves scrambling to figure out exactly how they're going to pay for it all," according to Consumer Reports.

Across the nation, more than 1 million community college students in 32 states do not have access to federal student loans that could help them better afford the cost of college – a problem that leaves some turning to private student loans, working longer hours, or using credit cards to make ends meet, according to a new report.

NASFAA on Tuesday unveiled a report showcasing the components needed improving Federal Work-Study (FWS) at the campus level, as well as recommendations to improve the program at the federal and institutional levels.

"All U.S. households would have access to high-speed Internet within Hillary Clinton’s first term in office and young entrepreneurs could defer their college loans while launching start-ups, under a broad technology agenda she released Tuesday," The Washington Post reports.

"The U.S. Department of Education has simplified and clarified the process through which homeless students can apply for federal financial aid," Inside Higher Ed reports.

"The experience can be transformative. Freshmen at Washington University in St. Louis can explore Venice, Florence, and Rome, eat black truffles, and tour museums. ... But some students can’t go. They don’t have the money," The Chronicle of Higher Education reports. 

 
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