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today’s news for Thursday, August 22, 2024

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NEWS FROM NASFAA

A new report from the Government Accountability Office (GAO) takes a look at how borrowers are faring after the resumption of student loan repayments in October 2023, finding that nearly 30% of borrowers – 9.7 million – were past due on their payments and accounted for $290 billion in outstanding loans.

NASFAA UPDATES AND ANNOUNCEMENTS

Take your career development to the next level this year with Blue Icon Advisors Group Coaching. Blue Icon's team of coaches and consultants have years of experience to share and help you achieve your professional goals. Learn more and save your spot in the upcoming New Director Group Coaching class. Weekly online meetings begin September 13, reserve your seat today. 

Join NASFAA for a six-week interactive online course reviewing the changes in the federal methodology from the expected family contribution (EFC) to the student aid index (SAI), the calculation of the SAI, and the federal Pell Grant calculation, including minimum and maximum federal Pell Grant amounts. This course is the perfect learning tool for financial aid professionals to understand the calculations behind the new SAI and how to calculate the Pell Grant using HHS poverty guidelines. Register today to secure your seat. 

U.S. DEPARTMENT OF EDUCATION

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NASFAA TRAINING

NASFAA CAREER CENTER


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