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today’s news for Tuesday, March 26, 2024

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NEWS FROM NASFAA

The Department of Education (ED), in an electronic announcement posted on Monday, provided updated benchmarks for the 2024-25 FAFSA rollout, including timeframes for when students will be able to make corrections, when forms containing previously reported errors can be reprocessed, and how many applications have been submitted and processed to date, a resource that will be updated twice weekly.

Federal Student Aid (FSA) on Friday released a guide to document and respond to frequently asked questions about the production of Institutional Student Information Record (ISIRs) for the 2024-25 FAFSA year. In the guide, which was a part of Friday’s electronic announcement, FSA states that the resource will be updated regularly in March and April as it continues to receive and respond to questions from partners. The guide was made primarily for technical users at post-secondary institutions and partners developing systems. 

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA Website Maintenance Scheduled for March 28

The NASFAA website, www.nasfaa.org, will be unavailable starting at 7:00 p.m. ET on Thursday, March 28 for scheduled maintenance. The outage is expected to last up to 12 hours; the site will be fully restored when complete. This maintenance window will also impact other NASFAA entities, including AskRegs, the Compliance Engine, and Testing Center. Thank you for your patience while NASFAA works to maintain our online resources.

Once considered a looming crisis within higher education, the enrollment cliff is upon us. Coupled with Title IV changes, schools are looking to develop better marketing strategies and create stronger aid packages that can maintain enrollment during this time. Join us, on April 3 at 2 p.m. ET, for a lively discussion as we explore the role of financial aid in achieving enrollment goals with limited resources and a shrinking pool of students to choose from. Reserve your seat today.

More financial aid professionals recently joined hundreds of financial aid professionals across the country who now hold the FAAC® designation. Check the Registry to see if any of your colleagues have been certified and congratulate them for this achievement! Certified by the Certified Financial Aid Administrator® Commission, these individuals now qualify to receive a multitude of benefits. Would you like to become certified, too? The next testing window opens on the 1st – or take advantage of any of the upcoming testing windows. Start by exploring your eligibility today using our free interactive eligibility tool.

U.S. DEPARTMENT OF EDUCATION

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