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NASFAA NEWS


2003 NASFAA SPRING TRAINING MATERIALS AVAILABLE FOR PURCHASE
http://www.NASFAA.org/publications/2003/CT03SpringTrainMaterials051303.html

If you were unable to attend NASFAA's spring 2003 training series, you can now order the reference material distributed at the sessions on:

- Consortium Agreements Among Eligible Institutions;
- Debt Management: Strategies, Options, and Implications; and
- Federal Work-Study: Promoting Community Service.

Each module includes a Participant's Handout featuring information that identifies and explains the module topic. The Participant's Handout also includes mini-slides, charts, and other useful job aids. A limited supply of the materials is available. See the full article for more details or go directly to the Order Form at http://www.nasfaa.org/Publications/PubForm.html.

For those of you who might be unfamiliar with NASFAA's Standards of Excellence Review Program, it provides an objective, confidential peer review that assesses an institutions delivery of financial aid information. See http://www.NASFAA.org/soe.asp for details.


UPDATES TO THE COHORT DEFAULT RATE GUIDE CHANGE LOG
http://www.NASFAA.org/publications/2003/eadefaultguideupdate062303.html

The Department of Education posted a new set of updates to the Cohort Default Rate Guide as of June 16. This site describes the changes that Default Management has made to the original version of the Cohort Default Rate Guide, published in August 2001. Note that updates to Cohort Default Rate Guide are reflected ONLY at this Web site: http://ifap.ed.gov/drmaterials/changelog.html.


APPROPRIATORS DECIDE NO FINANCIAL AID INCREASES IN FY2004; PELL MAXIMUM WOULD REMAIN AT CURRENT LEVEL

http://www.NASFAA.org/publications/2003/gfy04approps062703.html

House and Senate appropriators on June 25 and 26 (respectively) approved spending bills that would provide no increases in federal student aid programs for fiscal year 2004, which begins October 1. Under the levels approved in both bills the Pell Grant maximum would remain at the 2003 spending level of $4,050. Lawmakers approved very slight increases for GEAR UP and TRIO, while FSEOG, Federal Work-Study, Perkins Loans, and LEAP were all funded at FY03 levels.

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