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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.

Compliance Issues

Resources for Student Financial Services Professionals

U.S. Department of Education Resources

Related Pages

SFS Regulations   ED Regulations   ED Archives

Contact

Bryan Dickson

Director, Student Financial Services and Educational Programs

202.861.2505


Member Spotlight

2021 Student Financial Services Award

Judith N. Flink received this NACUBO Award for her career-long dedication to the student financial services profession and student aid advocacy efforts.

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Judith Flink

News

2019 NACUBO Student Financial Services Benchmarking Report Released

October 02, 2019

This year's results show student payments and credit balance refunds are increasingly handled electronically. The report also provides benchmarking data on student account and loan receivables, third-party payments, staffing, and expenditures for student financial services.


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  • May 07, 2021

    NACUBO Updates Student Agreement Language to Address Assessment of Collection Fees

    NACUBO’s updated advisory, Best Practices for Student Financial Responsibility Agreements, includes model language for the agreements and addresses court decisions affecting the ability of an institution to recover costs associated with collections, among other topics of interest to business officers.

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  • April 02, 2021

    IRS Revises 1098-T Guidance on Emergency Grants to Students

    Following advocacy from NACUBO, the IRS has clarified that colleges and universities will not need to separately track or note emergency grants to students for purposes of 2021 Form 1098-T reporting, nor should they issue Forms 1099-MISC.

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Business Officer

The Business Officer magazine is available at businessofficermagazine.org.

E-Learning

Build your knowledge, skills, and professional network through NACUBO professional development.

Student Financial Services Council

NACUBO members can contribute, participate and volunteer in many ways.

Press Releases

  • September 18, 2020

    NACUBO Applauds IRS and Treasury for Reasonable Approach to Problematic Endowment Tax

    The IRS and the Department of the Treasury released final rules for the endowment excise tax and took a measured approach to an otherwise misguided levy on certain private colleges and universities.

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Research

  • March 29, 2021

    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.

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Upcoming Programs

  • May 18, 2021

    NACUBO Endowment Master Class Series

    February 9–May 18, 2021 | 1:00 - 2:00pm ET | See Schedule for Full Session Details

    Learn More →