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today’s news for Friday, March 22, 2024

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NEWS FROM NASFAA

Congressional appropriators, early Thursday morning, released text for their final $1.23 trillion spending package for fiscal year 2024, mostly containing cuts and flat funding to programs housed within the Department of Education (ED). 

A bipartisan group of senators on Thursday sent a letter to the Department of Education (ED) urging it to delay institutional gainful employment (GE) and financial value transparency reporting deadlines to ease institutions amid the rollout of the 2024-25 FAFSA.

The Department of Education (ED) on Thursday announced that nearly 78,000 borrowers will have their student loans canceled through the Public Service Loan Forgiveness (PSLF) program, totaling $5.8 billion in relief. 

NASFAA UPDATES AND ANNOUNCEMENTS

Register for NASFAA’s 2024 virtual conference on July 8-11, 2024. The virtual conference will feature the same great aspects of the national conference you've come to know and love, but in a 100% virtual format. The content will consist entirely of unique sessions not offered at the NASFAA 2024 National Conference in Milwaukee. For one low price of $350, everyone on your NASFAA roster can participate in the conference.

Please join us in congratulating Casey Roeder, who was promoted from associate director of the student financial service center to director of the student financial service center at the University of Wisconsin - Milwaukee, and Gregory Thornburg, currently the director of financial aid at South Louisiana Community College, who will retire in May after 41 years of working in financial aid. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

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