Fourth year sequester changes for fiscal year (FY) 2016 for the TEACH Grant, Iraq-Afghanistan Service Grant (IASG), and Direct Loan origination fees have been announced by the Department of Education (ED) in Dear Colleague GEN-15-07.
"Paperwork related to regulation is impairing the ability of financial aid staff to help college students," Campus Technology reports. "That's the conclusion in a report aptly named, '2015 Administrative Burden Survey,' produced by the National Association of Student Financial Aid Administrators (NASFAA)."
"In 2010, a National Association of Student Financial Aid Administrators study revealed that campuses were struggling from a shortage of resources due to a greater compliance workload — and student support services were suffering as a result. A new follow-up survey shows not much has changed," Politico Pro's Morning Education reports.