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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

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Student Financial Services Council

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

Press Releases

  • June 30, 2021

    NACUBO President Testifies to Congress on Value of Higher Education

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Research

  • May 26, 2021

    NACUBO Tuition Discounting Study

    The annual NACUBO Tuition Discounting Study (TDS) measures the institutional tuition discount rates and other indicators of institutional grant awards to first-time, full-time first year undergraduates and all undergraduates who attend private, nonprofit (independent) colleges and universities.

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Upcoming Programs

  • July 27, 2021

    NACUBO 2021 Annual Meeting: Tuesday Pass

    July 27, 2021 | 11am-5:45pm ET

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