Category Archives: Financial Aid

NASFAA Seeks Experienced Research Director

NASFAA is seeking a reliable and experienced professional to join our team as Research Director. Duties of the NASFAA Research Director include: providing direction and administrative management in all aspects of the Association’s research operations; initiating and conducting original research; and preparing articles, reports, and policy briefs. Prior work experiences should include an emphasis on quality, program productivity, and evaluation of federal, state, and institutional financial aid programs and initiatives, demonstrated experience with quantitative research methods and statistics, and a sound knowledge of qualitative research methods. Interested applicants should apply by November 19.
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Kantrowitz Releases Gainful Employment Policy Analysis Summary

Mark Kantrowitz, publisher of Fastweb.com and FinAid.org, has released a summary of his 16 papers and two addendums on the topic of gainful employment. The summary includes a roundup of recommendations to the U.S. Department of Education and his key findings. "The US Department of Education's gainful employment proposals provide a good structure for establishing affordable debt restrictions, but these proposals should be tweaked ... to address several flaws," Kantrowitz states.
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SAIG Mailbox Functions Unavailable October 30-31, 2010

During the period October 30-31, 2010, the Department of Education will be completing extended maintenance activity that will impact all functions of the Student Aid Internet Gateway (SAIG) mailbox servers. From Saturday, October 30, 2010 from 6:00 P.M. (ET) until Sunday, October 31, 2010 at 11:00 A.M. (ET) all SAIG mailbox functions will be unavailable.
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Comment Request: 2011-12 National Postsecondary Student Aid Study

This submission is for collection of student data in the eighth cycle in the series, NPSAS:12, and supplements the recently obtained approval for NPSAS:12 collection of institutional data. Interested persons are invited to submit comments on or before December 27, 2010.
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Coming Out Illegal (New York Times)

"California law AB 540 allows undocumented California students to pay in-state rather than out-of-state tuition; California is one of 11 states with such a law," the New York Times reports. "In [UCLA student] Leslie's case it cuts an unthinkable $33,000 a year down to a daunting but within-the-realm-of-possibility tuition of roughly $10,000. But because she is undocumented, she is not eligible for the myriad federal and state aid programs that make college feasible for many working- and middle-class families."
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Websites Help in the Hunt For College Financial Aid (Chicago Sun-Times)

"David Coltun paid for college 25 years ago by working at his dad's auto-wrecking company in northwest Indiana, but he understands that his teenagers don't have that same opportunity," the Chicago Sun-Times reports. "Coltun started exploring the Web after seeing a TV commercial for EduLender.com, a Chicago-based startup that lets families compare private student-loan offers."
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Missouri Department of Higher Education Accepting Grant Applications (News-Leader)

"The Missouri Department of Higher Education is accepting applications for grants to fund projects that assist low income students to attend college, a department news release said," News-Leader reports. "The grants are intended to pay for projects that provide information and outreach to students who may be at risk of not enrolling in or completing college."
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Nearly 49,000 New Jersey College Students May Lose Financial Aid If They Fail to Submit New Form (Star-Ledger)

"Nearly 49,000 New Jersey college students may be on the verge of losing their state tuition grants and scholarships because they failed to fill out a new one-page financial aid form required by the state," the Star-Ledger reports. "This is the first year New Jersey is requiring students to file additional financial information directly to the state in order to receive state Tuition Aid Grants and NJ STARS scholarships."
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Ohio: As For-Profit Colleges Grow, Officials Worry (Columbus Dispatch)

"With more than 300 for-profit colleges in Ohio, state officials are watching closely as federal regulators look for ways to crack down on the schools because of concerns that too many students leave with excessive debt and without a useful degree," the Columbus Dispatch reports. "In Ohio, [for-profit] enrollment has more than doubled in the past decade, to 84,390 students, while the number of colleges has grown by 27 percent."
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Extending the American Opportunity Tax Credit Shouldn’t be a Slam Dunk (New America Foundation)

"Last week the U.S. Treasury Department issued a report on the American Opportunity Tax Credit, a $2,500 income tax credit for college students' higher education expenses that was included in the American Recovery and Reinvestment Act of 2009," writes Jason Delisle, director of the Federal Education Budget Project at the New America Foundation. "But there is evidence that a significant share of eligible students and families never claim federal tax credits for higher education, or they don't claim the full benefits for which they are eligible."
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