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ELM Resources. After connecting with you at recent conferences, our team gained valuable insights and key takeaways. As leaders in private loan services for nearly 30 years, reach out so we can collaborate on new ways to streamline your processing to better serve students.

The Department of Education (ED) on Tuesday released final rules on a number of topics that the department says will “raise the bar” on institutional accountability and better protect students and taxpayers. The rules released Tuesday are the remaining accountability topics considered during the Institutional and Programmatic Eligibility Committee: Ability to Benefit, Administrative Capability, Certification Procedures, and Financial Responsibility. The final rules will be published in the Federal Register, though ED has published an unofficial copy.

NASFAA is pleased to release an updated version of the FAFSA Simplification Implementation Checklist to assist institutions in planning for full implementation of the FAFSA Simplification Act in the 2024-25 award year. The latest version includes recent updates from the Department of Education.

The Verification 2024-25 (Extended Edition) webinar has been rescheduled for Tuesday, December 12, 2023. The rescheduling we hope will allow time for the Department of Education to provide clarification and guidance on outstanding questions critical to the verification process. Register now for the webinar, which will discuss some of the more complicated issues that will remain even after FAFSA simplification has been implemented.

To round out our week of Financial Aid Day & Membership Appreciation Day celebrations, we'd like to thank everyone who participated in our NASFAA trivia and congratulate the following winners: Kim Plaatje, financial aid counselor lead at Lake Erie College, won the NASFAA U Online Course registration. Johnathan Button, associate vice chancellor for student and financial aid services at Tennessee Board of Regents, won the Online Certification Prep Workshop registration. Mia Mwango, FAAC, director of financial aid at Santa Fe College, won the 2024 Leadership & Legislative Conference & Expo registration.

Federal Student Aid (FSA) announced the addition of a new webinar to its ongoing FAFSA Simplification web series that will cover how to create an FSA ID for individuals without a social security number. The webinar — now the 12th in a series that began in June — will take place from 1-2 p.m. ET on Thursday November 2, and discuss user experience changes along with a walkthrough of the knowledge-based identity verification process with TransUnion. There will also be an opportunity for participants to ask questions. Interested? Be sure to register now!

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