Tag Archives: HEA

Financial Aid

HEA Update: Standardized Financial Aid Letters Proposed

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Financial aid award letters have long been a topic of conversation within the college admission counseling profession, and as discussions about reauthorization of the Higher Education Act (HEA) intensify, Congress seems poised to join the conversation.

Last month, Sens. Chuck Grassley (R-IA), Tina Smith (D-MN), and Joni Ernst (R-IA) introduced the Understanding the True Cost of College Act of 2019 — stand-alone legislation intended to be included as part of the larger HEA reauthorization.

If passed, higher education institutions would be required to use a uniform financial aid offer form containing standardized definitions. According to the bill’s sponsors, the move is intended to ensure colleges provide information to students and families in “a consumer-friendly manner that is simple and understandable.”

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Advocacy, NACAC News

ICYMI: NACAC Opposes HEA Reauthorization Legislation

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Congress has signaled it’s ready to tackle reauthorization of the Higher Education Act (HEA), but a bill introduced last week in the US House of Representatives has NACAC and other education organizations concerned.

“While NACAC agrees that the HEA needs to be reauthorized, this bill goes about it in the wrong way,” Michael Rose, NACAC’s director for government relations noted in a press release. “After an initial review, it is clear this bill reduces or eliminates student protections against fraud and abuse, and further dilutes the federal contribution to improving access to postsecondary education.”

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