Brought to you by:

Funding U. Unlike traditional student lenders who require a cosigner or stellar credit history, Funding U evaluates applicants based on their academic merit and predicted outcomes. Visit our dedicated schools page for more information about our program and to schedule a call with our team.

A new bill backed by a group of Democrats would increase the maximum federal Pell Grant award to $10,000 for the 2025-26 award year, and nearly double the maximum Pell Grant over a period of five years after, to $14,000, among other things, such as shifting the Pell Grant program to fully mandatory congressional funding and making changes to institutional Satisfactory Academic Progress (SAP) policies.

On Wednesday, House Republicans released their education funding proposal for fiscal year 2025, cutting funding for campus-based aid programs in half and slashing funding for Federal Student Aid (FSA) administration by 26%. On Thursday, House appropriators advanced the funding bill for consideration by the full House Appropriations Committee. The bill is scheduled for a markup from the full committee on Wednesday, July 10.

Get the recognition you deserve by earning the FAAC® designation. If your application has already been approved, purchase the Certified Financial Aid Administrator® Knowledge Exam, updated for the 2024-25 award year. Schedule your session online between July 1 - 21 or during any of the upcoming testing windows. If you haven’t applied yet, take advantage of the waived application fee and complete your application online right away. Learn more about the testing process and make sure you meet all of the technical requirements. Utilize candidate resources to review for the exam.

Please join us in congratulating Dr. Christina Tangalakis, FAAC®, and Grace Taylor on their new jobs. Congratulations to Melissa Stephens on her promotion. Congratulations to Tami Gilbeaux on her retirement announcement. Congratulations to Alejandro Guiral, FAAC®, who was recently elected to be the New Jersey (NJASFAA) president. Get the full details on our Movers & Shakers page. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

VIEW PREVIOUS ISSUE

Contact us to submit questions, content or to purchase advertisements.