National Association of Student Financial Aid Administrators
@nasfaa.bsky.social
170 followers 43 following 240 posts
NASFAA.org NASFAA works to shape the future by promoting access and success in higher education.
Posts Media Videos Starter Packs
nasfaa.bsky.social
After U.S. Department of Education announced that it would end discretionary funding to most Minority-Serving Institutions, NASFAA, along with other #HigherEd orgs, called on congressional leaders to restore funding and to increase federal investments for MSIs in FY 2026: https://ow.ly/SwJy50X97AH
NASFAA Calls on Congress to Restore ‘Critical’ MSI Funding
Reposted by National Association of Student Financial Aid Administrators
Reposted by National Association of Student Financial Aid Administrators
the-independent.com
Trump is weighing selling off government’s $1.6 trillion student loan debt. Here’s what it means for borrowers
Trump considers sale of some federal student debt to private buyers
www.independent.co.uk
nasfaa.bsky.social
Financial Aid Day is one week away! How are you planning to celebrate?

#FinancialAidDay #FinancialAid #HigherEd
nasfaa.bsky.social
#NASFAAinTheNews: "Sarah Austin, a policy analyst at the National Association of Student Financial Aid Administrators, said students tend to focus more on direct costs, or what “they actually see on their bill,” versus all the indirect costs that go along with attending college."
insidehighered.com
The Costs Students Don’t See Coming—and Why They Matter

New Student Voice data offers insight into students’ financial vulnerability and their grasp of cost of attendance amid a broader push for cost transparency. https://bit.ly/4o61aZd

#EDUSky #HigherEd #AcademicSky
A mason jar stuffed full of money with a "college" label on it.
nasfaa.bsky.social
RISE Committee Concludes First Round of Neg Reg Discussions With Definition of Professional Student Still Unclear

Read NASFAA's recap of Friday's negotiated rulemaking session: https://ow.ly/P5w050X78i7
Reposted by National Association of Student Financial Aid Administrators
nasfaa.bsky.social
Shortly before the government shutdown took effect, NASFAA, along with other #HigherEd organizations led by American Council on Education, called on congressional leaders to ensure that agency funds for fiscal year 2026 be spent by the Trump administration as intended: https://ow.ly/OeaC50X75Wg
NASFAA Calls on Congress to Ensure FY 2026 Funds are Spent as Intended
nasfaa.bsky.social
RISE Neg Reg Committee Conducts ‘Pulse Checks’ and Details Updated Forbearance, Loan Limit Provisions

Read NASFAA's recap of the Reimagining and Improving Student Education (RISE) committee's fourth day of negotiated rulemaking: https://ow.ly/EU1m50X6bzF
Screenshot of live streamed neg reg session on Thursday, October 2
nasfaa.bsky.social
This week on "Off the Cuff,"🎙️Hugh is joined by David to discuss how the lapse in appropriations for fiscal year 2026 is impacting Department of Education services and programs.

🎧Listen now on Spotify, Apple, YouTube, or on our website: ow.ly/iHgu50X6c8Y
Reposted by National Association of Student Financial Aid Administrators
nasfaa.bsky.social
The Department of Education notified NASFAA that both the English and Spanish versions of the 2026-27 Incarcerated Applicant FAFSA forms are ready for use: https://ow.ly/FfYl50X6esb

We anticipate that these forms will also be available on the department's PEP Topics page in the future.
Reposted by National Association of Student Financial Aid Administrators
nasfaa.bsky.social
‘This Is a Whole New Territory:’ Neg Reg Committee Makes Progress on Definition of Professional Student.

Read NASFAA's recap of the Reimagining and Improving Student Education (RISE) committee's third day of negotiated rulemaking: https://ow.ly/bjO450X5E2g
nasfaa.bsky.social
Basic Needs, Real Costs: Pantries to Policy

In a new blog post, we explore the current policy landscape and evaluate campus-level interventions attempting to meet student needs where federal policy has fallen short: https://ow.ly/yznv50X52fC
nasfaa.bsky.social
FSA Details Shutdown's ‘Minimal’ Impact on Operations

Federal Student Aid (FSA) issued an electronic announcement with guidance for their operations during the government shutdown: https://ow.ly/YrfQ50X5hUj
nasfaa.bsky.social
RISE Neg Reg Committee Continues Despite Government Shutdown

The committee met on Tuesday continuing discussion on provisions regarding loan limits, repayment plans, loan proration, and loan rehabilitation and deferment of the One Big Beautiful Bill Act: https://ow.ly/jKVj50X4YLl
nasfaa.bsky.social
#NASFAAinTheNews: "The department’s 'limited list of programs designated as professional could have big implications for students,' said Karen McCarthy, vice president of public policy for [NASFAA}. 'It could push some students into the private student loan market...'"
insidehighered.com
@usedgov.bsky.social Digs Its Heels in Over Student Loan Caps

As it currently stands, the proposal will designate only 10 degree programs as professional and eligible for the $200,000 loan cap. Higher ed experts hope the department will reconsider. https://bit.ly/4mFVUup
Committee members seated at four rectangular tables arranged in a square, covered with black tablecloths. Most have laptops in front of them.
nasfaa.bsky.social
The Department of Education published a Dear Colleague Letter this week, which supersedes previous guidance published in the November 7, 2024 Electronic Announcement, and provides long awaited guidance related to FTI data use and disclosure: https://ow.ly/qXhx50X4YnK
Reposted by National Association of Student Financial Aid Administrators
hope4college.bsky.social
In this piece by Cristian Ulisses Reyes at @nasfaa.bsky.social, he summarizes the current understanding of student basic needs insecurity and gives a brave and insightful look into his own journey. We commend him—we need both data and narrative to support students. www.nasfaa.org/news-item/37...
NASFAA | Basic Needs, Real Costs: The Price Beyond Tuition
www.nasfaa.org
nasfaa.bsky.social
Cohort Default Rates Remain Unchanged, Reflecting Student Loan Payment Pause

For the third straight year, the national cohort default rate (CDR) for federal student loans that entered repayment in fiscal year (FY) 2022 remained at 0%: https://ow.ly/S0MU50X4vWA
Graph of National Student Loan Cohort Default Rates from 2018-2025
Reposted by National Association of Student Financial Aid Administrators
nasfaa.bsky.social
Chasing a July 1 Implementation Date, Department of Education Kicks Off First Day of Reimagining and Improving Student Education (RISE) Negotiated Rulemaking: https://ow.ly/No2I50X4m9E

#StudentLoans #PublicServiceLoanForgiveness #PSLF #StudentDebt #StudentLoanRepayment
ED Under Secretary Nicholas Kent speaking during neg reg day 1.
nasfaa.bsky.social
For many students, the financial pressure of navigating tuition payments and covering the cost of living creates impossible choices, like deciding between buying a textbook or affording their next meal. Learn more about basic needs insecurity in #HigherEd: https://ow.ly/WCOZ50X3GbC
Reposted by National Association of Student Financial Aid Administrators
insidehighered.com
Colleges Hope Tuition Guarantees Will Open Doors to Lower-Income Students

Income-based tuition guarantees are on the rise, with many universities saying they aim to make their already-generous financial aid policies as explicit as possible. https://bit.ly/46pE1v2

#EDUSky #AcademicSky
A set of gates open to a busy campus.