November 3, 2015
Higher Education Assistance Group, Inc.
Checkout HEAG's Recent Blog Posts
 
In case you missed them, here are some of our latest blog posts. You can visit HEAG's blog any time for articles, tips and insight on anything and everything impacting financial aid administrators at  www.heag.us/blog .  

ED Holding Institutions Accountable for Not Filing Gainful Employment Disclosures
The filing deadline for 2014-2015 award year gainful employment data was October 1, 2015. Will we see many more institutions added to the "noncompliance" list? Is your school in compliance? What are the consequences of being on the noncompliance list and how can schools avoid or lessen penalties? Read more...

Twitter Weekly Recap
October 25 - 31 
We share industry news and stories on Twitter throughout the week at  @HEAG_INC .  Here is a recap of last week's tweets. Read more...

The End of an Era: Perkins Loan Program
The Perkins Loan Program, a stalwart of the federal aid programs for over 50 years and servicing half a million students a year to the tune of $1.2 billion, is being phased out of existence. This means that new Perkins loans can only be issued to existing recipients as of October 2014, putting a hold on issuance to students who are entering school or who have yet to utilize the program. Read more...
Recap | NYSFAAA Fall 2015 Conference

HEAG was proud to be a part of the Fall 2015 NYSFAAA Conference held in Buffalo, NY this past week.  The sessions were informative and timely.  We enjoyed speaking with NY state financial aid administrators, as well.  Below are a few questions and concerns we discussed with fellow aid administrators: 

  • Will state grant requirements align with the federal prior prior year requirements to accommodate awarding and verification procedures?  
  • How will the various Student Information and Financial Aid Management Systems deliver timely updates based on the new prior prior year requirements?
  • HESC will be requiring standardized award letters, in addition to, the shopping sheet for 2016-2017.
  • TAP audits may undergo changes based on new state ED regulatory changes.
  • Why is NYS STEM scholarship access limited to only CUNY and SUNY colleges? 

Thank you again to all those that stopped by.  Hope to see you again next year!  
About HEAG
 
HEAG is a financial aid and higher education consulting group. We provide  Title IV compliance support ,  remote verification support, financial aid services, and technology solutions
to private, public and proprietary institutions.
 
Higher Education Assistance Group , Inc.
60 Walnut Street
Wellesley, Massachusetts 02481
617-928-1975  |  heag.us
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