Download or read book Examining One Grant One Loan NASFAA Task Force Report written by National Association of Student Financial Aid Administrators (NASFAA) and published by . This book was released on 2016 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing concern over the complexity of the federal financial aid system and a push toward simplification has led to increased attention toward streamlining the federal student aid programs. Specifically, several proposals and policy papers have recommended consolidating the federal aid programs into one grant program and one loan program, commonly referred to as "one grant, one loan." In some cases these proposals include the addition of one work-study program. With that in mind, the National Association of Student Financial Aid Administrators (NASFAA) convened a task force of financial aid professionals to examine the concept of "one grant, one loan" in October 2015. The task forced developed several considerations of a "one grant, one loan" system for policymakers, including the following, among others fully outlined in the report: (1) Will federal program consolidation truly make the financial aid process simpler for students and families, given the existence of other sources of financial aid?; (2) Will the Federal Work-Study (FWS) Program survive simplification efforts?; (3) What would happen to the other Title IV grant programs and their federal funding?; (4) Would some students be awarded less funding under a one grant model than under the current model?; (5) Would there be a federal commitment to make up for that net loss in grant dollars?; (6) Will more borrowers be pushed into the private loan market?; and (7) How will interest rates fare in a "one loan" system? In addition, the task force identified several recommendations for policymakers in the event that education leaders reached a consensus on moving forward with a "one grant, one loan" system.

Download or read book The Campus Based Formula NASFAA Task Force Report written by National Association of Student Financial Aid Administrators (NASFAA) and published by . This book was released on 2014 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary purpose of the National Association of Student Financial Aid Administrators (NASFAA) Campus-Based Aid Allocation Task Force was to examine the formula by which congressional appropriations for the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Perkins Loan programs are distributed to schools, and, in consultation with appropriate groups, develop proposals for changes to the allocation formula as part of the Association's reauthorization recommendations. The task force was charged to produce proposals for incorporation into NASFAA's recommendations for the reauthorization of the Higher Education Act that: (1) More accurately and equitably reflect the comparative need of the student populations of schools applying for campus-based aid allocations; (2) Evaluate the efficacy of current reallocation rules for released funds; (3) Give new participating schools a fairer chance to obtain funding; and (4) Include an assessment of the shifts in funding among current program participants that would result from recommended formula change(s). The guiding principles of the Campus-Based Aid Allocation Task Force were to: (1) Promote fairness and equity for students across all sectors of postsecondary education; (2) Promote policies that address the needs of disadvantaged students; (3) Recommend policies that accommodate the diversity of academic delivery models; and (4) Support recommendations with research and data analysis. Based on the research and discussions the task force developed, and the NASFAA Board accepted and endorsed, the following recommendations are detailed in this report: (1) Reconstruct the income bands used to determine institutional need for campus-based programs to more accurately report student need; (2) Eliminate the Base Guarantee and include phase-in protection so that no institution has a decrease or increase of more than 10% per year; (3) Restructure the FSEOG formula to be based on the amount of Pell funding received by the institution, including a phase-in provision whereby no institution has a decrease or increase of more than 10% per year; and (4) Increase the percent of self-help assumed in the undergraduate institutional need calculation of the Federal Work-Study and Perkins Loan formulas to 35% self-help, including a phase-in provision whereby no institution has a decrease or increase of more than 10% per year. The task force conducted its work between October 2013 and June 2014, and its recommendations were accepted and approved by the NASFAA Board of Directors in June 2014.

Download or read book Consumer Information NASFAA Task Force Report Consumer Information written by National Association of Student Financial Aid Administrators (NASFAA) and published by . This book was released on 2014 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Association of Student Financial Aid and Administrators (NASFAA) Consumer Information Task Force was convened to conduct a thorough review of the current student consumer information requirements and propose ways to streamline both the content and delivery of those requirements. The proposals in the this report were produced for incorporation into NASFAA's full set of recommendations for the reauthorization of the Higher Education Act and seek to: (1) Eliminate duplicative disclosures; (2) Differentiate appropriate disclosures for undergraduate vs. graduate students; (3) Improve the form and format of disclosures and provide flexibility for schools to determine the most effective form and format for their students; (4) Identify when disclosures are actually needed and most meaningful, particularly those disclosures not directly related to Title IV aid; (5) Consider who should distribute different disclosures (e.g., the school itself or, using reports from schools, the federal government); (6) Examine the effectiveness of current loan counseling and explore the need to counsel students about managing their debt and repayment; and (7) Identify improvements for the content and process (including the source and the division of responsibility) of disclosures surrounding private lender lists. The convened task force evaluated current consumer information requirements and has provided a series of recommendations for consideration by lawmakers and the policy community. Members of the task force were assigned to examine specific requirements, and the work of each individual was reviewed collaboratively and condensed into recommendations. In addition, recommendations from the full NASFAA Reauthorization Task Force related to consumer information were reviewed and incorporated into the work of this group. Recommendations described in this report: (1) Eliminate the annual notice and use the College Navigator as the primary way to disseminate information to students and parents; (2) Repeal the ban on the federal-level student unit record and work to develop a limited student unit record that collects more accurate and comprehensive data on contemporary student behavior; (3) Conduct a study to determine the usefulness and utility of the Campus Security Report, Fire Safety Report and the Fire Log, and Drug and Alcohol Prevention Information; (4) Eliminate non-Title IV related requirements concerning Constitution Day, Voter Registration, and Athletic Disclosures from Title IV administration; (5) Make the Department of Education and loan servicers responsible for developing and distributing loan-related consumer information, including debt management; (6) Reconsider the exclusive use of first-time/full-time degree- or certificate-seeking students in the calculation of graduation and retention rates; (7) Designate a loan entrance counseling "safe harbor"; (8) Exempt graduate programs from requirements that are generally inapplicable to them; (9) Eliminate from exit counseling the requirement to explain the use of the Master Promissory Note; and (10) Develop and consistently use a consumer testing model when implementing any new consumer information requirements. The task force conducted its work between November 2013 and June 2014, and its recommendations were accepted and approved by the NASFAA Board of Directors in June 2014. A list of currently required student consumer information disclosures is appended.

Download or read book The College Dropout Scandal written by David Kirp and published by Oxford University Press. This book was released on 2019-07-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education today faces a host of challenges, from quality to cost. But too little attention gets paid to a startling fact: four out of ten students -- that's more than ten percent of the entire population - -who start college drop out. The situation is particularly dire for black and Latino students, those from poor families, and those who are first in their families to attend college. In The College Dropout Scandal, David Kirp outlines the scale of the problem and shows that it's fixable - -we already have the tools to boost graduation rates and shrink the achievement gap. Many college administrators know what has to be done, but many of them are not doing the job - -the dropout rate hasn't decreased for decades. It's not elite schools like Harvard or Williams who are setting the example, but places like City University of New York and Long Beach State, which are doing the hard work to assure that more students have a better education and a diploma. As in his New York Times columns, Kirp relies on vivid, on-the-ground reporting, conversations with campus leaders, faculty and students, as well as cogent overviews of cutting-edge research to identify the institutional reforms--like using big data to quickly identify at-risk students and get them the support they need -- and the behavioral strategies -- from nudges to mindset changes - -that have been proven to work. Through engaging stories that shine a light on an underappreciated problem in colleges today, David Kirp's hopeful book will prompt colleges to make student success a top priority and push more students across the finish line, keeping their hopes of achieving the American Dream alive.

Download or read book Servicing Issues NASFAA Task Force Report written by National Association of Student Financial Aid Administrators (NASFAA) and published by . This book was released on 2015 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last several years the financial aid community has voiced concern about disruptions, inconsistencies, and lack of quality servicing on federal student loans. It has been difficult to fully grasp the extent to which servicing issues exist and to understand the disparate servicing practices between various servicers. The joint Servicing Issues Task Force, consisting of financial aid administrators from the National Direct Student Loan Coalition (the Coalition) and the National Association of Student Financial Aid Administrators (NASFAA) was convened to provide a formal structure for addressing servicing issues. The goal of the Servicing Issues Task Force was to: (1) Understand current servicing practices; (2) Identify current issues or areas of deficiency in servicing processes; (3) Determine the pervasiveness of those issues; and (4) Make recommendations for improving servicing to the U.S. Department of Education's (ED) Office of Federal Student Aid (FSA) and servicing contractors. The guiding principles of the Servicing Issues Task Force included a review of the current servicing landscape with special attention given to: (1) Promoting fairness and equity for students across all sectors of postsecondary education; (2) Promoting accountability; (3) Encouraging simplicity; (4) Promoting the use of technology wherever possible; and (5) Supporting recommendations with research and (6) data analysis wherever possible. The task force comprised a geographically diverse group of ten financial aid administrators from the Coalition and NASFAA. They conducted their work between September 2014 and December 2014 and their discussions involved external constituents in the higher education community, including representatives from the servicing industry, and consumer and student advocates. Based on the research and discussions, the task force developed six recommendations: (1) Develop a central loan portal where students can manage all of their loans; (2) Remove servicer branding from communication with borrowers; (3) The Department of Education should provide standard consumer protections for student borrowers that are in line with other consumer financial products; (4) The Department of Education should permit the use of innovative technologies in order to allow servicers to more efficiently and effectively communicate with borrowers; (5) The regulatory requirements of entrance and exit counseling should be incorporated into ED's Financial Awareness Counseling Tool (FACT); and (6) The Department of Education should develop a policies and procedures manual for servicing. While modifications were made to the contract in August of 2014 (see Appendix B for a summary of major changes), the task force urges that the recommendations offered in this report, particularly around standardization and borrower rights, be heavily considered in future contract negotiations and modifications. Appended are: (1) Servicing Issues Task Force Survey; and (2) Summary of Servicer Contracts with the Department of Education. [Members of the NASFAA Servicing Issues Task Force include: Tami Sato (co-chair); Peg Julius (co-chair), Jodi Gerber, Anna Griswold, Roberta Johnson, Elena Olivier, Margaret Rodriguez, Tom Sakos, Linda Shewack, and Brent Shock.].

Download or read book Innovative Learning Models written by National Association of Student Financial Aid Administrators (NASFAA) and published by . This book was released on 2015 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rules, systems and processes that work for traditional, term based, brick and mortar programs do not always work to advance the innovation that currently exists within higher education, and the recommendations in this paper are the first step to help ensure barriers are eliminated that stifle this innovation. Innovative learning models provide a means for individuals to learn independent of time or place in order to earn a higher education credential that is credible to both academic institutions and employers. The Higher Education Act (HEA) and Title IV regulations (34 CFR 600.2), look at "seat time"--students completing a certain number of courses and hours within a defined academic period with certain requirements on instructional time. Reauthorization of the HEA, while keeping credit and clock hours, needs to create an alternative way of looking at higher education focused on evidence of student learning--what students actually know and can do--instead of time. Ultimately, the federal student aid system must be updated to allow for greater access to programs offered in innovative formats--that are not based on traditional credit hour or clock hour models. A guiding principle of this task force is to not stand in the way of students being successful and do what is best to meet both the needs of individual learners and the institutions serving these students. The recommendations proposed by this task force focus on accelerating time to degree completion, improving access, lowering total educational cost, and keeping student loan indebtedness to a minimum. In an attempt to create an explicit process to award financial aid based on actual learning and demonstrated competency rather than time spent in class, five themes emerge. The following themes set the platform for the statutory and regulatory recommendations: (1) flexibility for students and institutions; (2) accountability; (3) cost of education and federal financial aid; (4) complexity; and (5) barriers. Appended are: (1) Recommendations; (2) Resources for Innovative Learning Models; and (3) a Glossary.

Download or read book Public Service Loan Forgiveness NASFAA Task Force Report written by National Association of Student Financial Aid Administrators (NASFAA) and published by . This book was released on 2014 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Public Service Loan Forgiveness (PSLF) program was established in 2007 to encourage student borrowers to work in the public sector. Qualifying borrowers may have their Direct Loans forgiven after 10 years of full-time service in an eligible job. Currently, qualifying employers include federal, state, or local government agencies and tax-exempt 501(c)(3) not-for-profit organizations. The guiding principles of the Public Service Loan Forgiveness Task Force included a thorough review of the forgiveness program with special attention to: (1) Promoting fairness and equity for students across all sectors of postsecondary education; (2) Promoting accountability; (3) Encouraging simplicity; (4) Providing schools with flexibility to respond to the specific needs of students; (5) Promoting the use of technology wherever possible, and (6) Supporting recommendations with research and data analysis wherever possible. Among the recommendations detailed in the report are: (1) Continue the Public Service Loan Forgiveness Program; (2) Retain the eligibility criteria to qualify for public service loan forgiveness; (3) Institute limits on the amount of forgiveness; (4) Keep public service loan forgiveness untaxed; (5) Make Public Service Loan Forgiveness Program data public (6) Strongly encourage annual submission of employment certification forms, and (7) Increase communication about public service loan forgiveness. "Borrower Profiles" is contained in the appendix. [Members of the NASFAA Public Service Loan Forgiveness Task Force include: Candi Frazier (Chair), John Ahlers, Heather Guamer, Tony Lubbers, Rebekah Melville, Patricia Scott, Tony Sozzo, Dennis Tominaga, and Virginia Tucker.].

Download or read book The Agile College written by Nathan D. Grawe and published by JHU Press. This book was released on 2021-01-12 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following Grawe's seminal first book, this volume answers the question: How can a college or university prepare for forecasted demographic disruptions? Demographic changes promise to reshape the market for higher education in the next 15 years. Colleges are already grappling with the consequences of declining family size due to low birth rates brought on by the Great Recession, as well as the continuing shift toward minority student populations. Each institution faces a distinct market context with unique organizational strengths; no one-size-fits-all answer could suffice. In this essential follow-up to Demographics and the Demand for Higher Education, Nathan D. Grawe explores how proactive institutions are preparing for the resulting challenges that lie ahead. While it isn't possible to reverse the demographic tide, most institutions, he argues persuasively, can mitigate the effects. Drawing on interviews with higher education leaders, Grawe explores successful avenues of response, including • recruitment initiatives • retention programs • revisions to the academic and cocurricular program • institutional growth plans • retrenchment efforts • collaborative action Throughout, Grawe presents readers with examples taken from a range of institutions—small and large, public and private, two-year and four-year, selective and open-access. While an effective response to demographic change must reflect the individual campus context, the cases Grawe analyzes will prompt conversations about the best paths forward. The Agile College also extends projections for higher education demand. Using data from the High School Longitudinal Study, the book updates prior work by incorporating new information on college-going after the Great Recession and pushes forecasts into the mid-2030s. What's more, the analysis expands to examine additional aspects of the higher education market, such as dual enrollment, transfer students, and the role of immigration in college demand.

Download or read book Why Does College Cost So Much written by Robert B. Archibald and published by Oxford University Press. This book was released on 2011 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: College tuition has risen more rapidly than the overall inflation rate for much of the past century. To explain rising college cost, the authors place the higher education industry firmly within the larger economic history of the United States.

Download or read book Expanding Underrepresented Minority Participation written by Institute of Medicine and published by National Academies Press. This book was released on 2011-07-29 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order for the United States to maintain the global leadership and competitiveness in science and technology that are critical to achieving national goals, we must invest in research, encourage innovation, and grow a strong and talented science and technology workforce. Expanding Underrepresented Minority Participation explores the role of diversity in the science, technology, engineering and mathematics (STEM) workforce and its value in keeping America innovative and competitive. According to the book, the U.S. labor market is projected to grow faster in science and engineering than in any other sector in the coming years, making minority participation in STEM education at all levels a national priority. Expanding Underrepresented Minority Participation analyzes the rate of change and the challenges the nation currently faces in developing a strong and diverse workforce. Although minorities are the fastest growing segment of the population, they are underrepresented in the fields of science and engineering. Historically, there has been a strong connection between increasing educational attainment in the United States and the growth in and global leadership of the economy. Expanding Underrepresented Minority Participation suggests that the federal government, industry, and post-secondary institutions work collaboratively with K-12 schools and school systems to increase minority access to and demand for post-secondary STEM education and technical training. The book also identifies best practices and offers a comprehensive road map for increasing involvement of underrepresented minorities and improving the quality of their education. It offers recommendations that focus on academic and social support, institutional roles, teacher preparation, affordability and program development.

Download or read book Access and Costs written by United States. Congress. Senate. Committee on Labor and Human Resources and published by . This book was released on 1997 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book College Disrupted written by Ryan Craig and published by Macmillan. This book was released on 2015-03-10 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a revolution happening in higher education—and this is how it's unfolding

Download or read book Cohort Default Rate Guide written by and published by . This book was released on 2001 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Report on Marketing Practices in the Federal Family Education Loan Program written by and published by . This book was released on 2007 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Food Insecurity on Campus written by Katharine M. Broton and published by Johns Hopkins University Press. This book was released on 2020-05-12 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crutchfield, James Dubick, Amy Ellen Duke-Benfield, Sara Goldrick-Rab, Jordan Herrera, Nicole Hindes, Russell Lowery-Hart, Jennifer J. Maguire, Michael Rosen, Sabrina Sanders, Rachel Sumekh

Download or read book Reauthorization on the Higher Education Act of 1965 written by United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Education, Arts, and Humanities and published by . This book was released on 1991 with total page 1128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Postsecondary Student Terminology written by John Fay Putnam and published by . This book was released on 1981 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: