HEA Reauthorization Bill Heading to House Floor in New Year
January 04, 2018
Less than two weeks after its chair unveiled a draft, the House Education and the Workforce Committee approved a bill to reauthorize the Higher Education Act on a party-line vote. Chair Virginia Foxx (R-NC) has pledged to bring the PROSPER Act to the House floor in January.
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April 23, 2020
ED Announces Additional CARES Act Aid Disbursement Guidance
The Department of Education shared information on how institutions can draw down their share of the emergency aid appropriated to colleges and universities in the Education Stabilization Fund and provided additional clarification on the requirements for grant aid for students.Read More →
April 09, 2020
ED Issues Guidance on Coronavirus Stimulus Funds for Emergency Grant Aid
The Department of Education has announced it is ready to begin releasing more than $6 billion in CARES Act funds for colleges and universities to make emergency grants to students.Read More →
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.
NACUBO Student Financial Services Benchmarking Report
The annual Student Financial Services (SFS) Benchmarking Report examines trends in student financial services operations, staffing, and SFS operating budgets at NACUBO member colleges and universities.
Student Financial Services Benchmarking Report Infographics
The new Student Financial Services Benchmarking Report Infographics illustrate the rise in the use of electronic student payment methods and refunds, and trends in SFS staff expenditures.