Student Financial Services
Student financial services (SFS) describes how colleges and universities provide students and families with finance-related services, such as applying for financial aid and paying a tuition bill, along with the associated business processes necessary to pay for college. SFS professionals manage the policies and procedures related to a student's account, which tracks tuition and other charges, payments, and application of financial aid.
ED Announces Broad Rulemaking Effort
In keeping with its intentions to undertake significant regulatory changes under the Trump administration, the Department of Education has announced upcoming rulemaking efforts on state authorization, religious freedom, accreditation issues, and more.
New Negotiated Rulemaking Will Examine Accreditation, TEACH Grants, and More
The Department of Education has announced its intent to form a negotiated rulemaking committee on accreditation and innovation, along with three subcommittees. The announcement is the latest step in a process to define language around accreditation and tackle issues with TEACH Grant conversions and faith-based institutions’ access to Title IV aid.