The third Wednesday of October, National Financial Aid Day is a day to recognize and celebrate the hard work and dedication of those who help millions of financial aid recipients every year. Here at Nelnet, we are taking a moment to give a shout out to all the Financial Aid Advisors and celebrate you!
This year’s FSA Training Conference will provide an unmatched opportunity for Financial Aid professionals to learn about the latest federal regulations and legislation through a variety of training topics and breakout sessions. Additionally, conference attendees will have the chance to interact with federal subject matter experts and loan servicing professionals throughout the week in the conference Resource Center. Have an industry-related question? Schedule a 30-minute appointment with the Ask A FED desk by emailing email@example.com with your first, second, and third best appointment times.
Representatives from Nelnet, Great Lakes, PHEAA, and Naviant will also be available in the Resource Center to answer any servicing-related questions you may have. The Resource Center will be open during the following times:
Tuesday, November 29
12:15pm – 4:30pm
Wednesday, November 30
10:00am – 4:30pm
Thursday, December 1
8:30am – 4:30pm
Friday, December 2
We hope to see you there!
FSA recently issued a reminder to institutions to promote the use of the IRS Data Retrieval Tool for both the 2016-2017 and 2017-2018 FAFSA years.
As stated in the reminder, using the IRS DRT for both FAFSA years is “The most effective way to prevent conflicting information from occurring betweent the 2016-2017 and 2017-2018 FAFSAs.”
FSA urges institutions to promote the use of the IRS DRT to students and their families – even those who did not initially use the IRS DRT for the 2016-2017 FAFSAs.
For more information, please see FSA’s electronic announcement.
FSA recently announced that several updates for the Federal Student Aid Training Conference for Financial Aid Professionals are available through the FSA website.
These conference updates include information on:
- Agenda and session descriptions
- Resource Center descriptions
- Instructions for scheduling one-on-one appointments with a training officer
The FSA Training Conference will take place from Nov. 29 – Dec. 2, 2016, at the Georgia World Congress Center (GWCC) in Atlanta, Ga. Conference registration is still available.
To review these updates, and further conference information, check out the conference website.
FSA recently announced that the Department of Education distributed the FY 2013 3-Year official cohort default rate (CDR) packages on September 26, 2016. The rates are scheduled for public release on September 28, 2016.
To help schools manage this information, FSA offers information about the distribution of the official rates and the appeal process in its announcement.
For more information, including details on downloading eCDR packages, check out FSA’s original announcement.
At Nelnet, helping families achieve their educational goals is not just a dream; it’s a reality. In line with our core values, Nelnet’s charitable efforts are centered around building a more educated and fiscally responsible world.
This summer, Nelnet associates participated in the Good Starts Here campaign for the United Way. A large portion of the money raised will go toward supporting educational advancement in the communities in which Nelnet associates work.
“One of the primary focus areas for United Way across the country is education,” Susan Hoover, United Way Coordinator at Nelnet, said. “Focusing on academic achievement early in a child’s educational career leads to learning and opportunities for better employment over a lifetime. By supporting United Way, Nelnet is supporting pre-K programs, family literacy, summer enrichment, workforce development and mentoring.”
In addition to raising funds to help further these community goals, many associates joined together on June 21 for the United Way Day of Action. On this day, associates volunteered at educational institutions across Lincoln.
Nelnet associate Jackie Green, along with colleagues, spent the day at the Malone Community Center reading to school-age children.
“During our time together, we were able to share about how reading helps us in our jobs and how it helped us in school and college,” Jackie said. “I believe this kind of exposure and interaction helps to support what parents and teachers tell their children in the home and at school.”
From first-hand experience, Nelnet knows that an important step to building a more educated and fiscally responsible world begins with higher education. That is why, for more than a decade, the Nelnet Scholars program has been an important focus for the Nelnet Foundation.
Nelnet Scholars grants scholarships to children of Nelnet associates to help begin or continue higher education. During the last school year, the Nelnet foundation donated more than $90,000 in scholarships. This year, 15 children of associates will receive scholarships through Nelnet.
“As a company with such a large focus on making educational dreams a reality, we wanted to make educating the children of associates a priority,” Ben Kiser, Managing Director of Communication Services and President of the Nelnet Foundation, said. “Through Nelnet Scholars, we’ve helped more than 100 families access education.”
One of the 2016-2017 recipients is Alex Stogdill, the son of the Traffic Supervisor for Nelnet Communications, Ron Stogdill. Alex is entering his sophomore year at Hastings College in Hastings, Nebraska, where he plays football and is studying biology.
“I hope to attend medical school after receiving a biology degree from Hastings, and the Nelnet Scholars Program scholarship is playing an important part in providing me a foundation to achieve that goal,” Alex said. “College has allowed me to sample the realities that life has to offer. I have had to step out of my comfort zone quite a bit and grow as a more well-rounded individual.”
Whether it’s through mentoring, volunteering, or raising money, Nelnet continues to encourage its associates and the community to share the vision of a world that never stops learning.
October is near, and with it comes the new FAFSA submission date. Students may begin submitting FAFSAs for 2017-18 as early as October 1, 2016. But will they be ready? Today we offer three resources to help your students prepare to submit their FAFSAs.
For students unsure of what documents they will need or clueless when it comes to dependency status, FSA has them covered. Through their website, they offer a load of good tips for filling out the FAFSA. Their intuitive online library is easy to search and can help ease many of the frustrations than can accompany “FAFSA time.”
Students can sneak a peek of their estimated federal student aid through FAFSA4caster. This free calculator is recommended for any student who is not ready to file a FAFSA – from adults down to middle school students. FAFSA4caster uses the student’s answers to a variety of financial and other questions to estimate federal student aid eligibility.
What happens once a student submits his or her FAFSA? We offer answers through our infographic “The Life of a Student Loan.” Available through our library, the infographic illustrates the student loan process, from planning for college to post-college and beyond.
The changes to the FAFSA process allow students to submit their FAFSAs earlier than ever before. We’re excited about this change, and we’re always ready to help. If you have any questions about the new process – or anything else for that matter – please reach out to us.