Matthew DeSorgher, from Saint Michael's College, is now the President-Elect. Matt's duties with this role start today, and he will become President this June.
Melaney Wald, from the Vermont Student Assistance Corporation, will be the next Secretary. Melaney's duties will start in June. She will be a part of the Executive Committee starting immediately, serving in a non-voting role.
Thank you to Matt and Melaney for your willingness to volunteer your time to VASFAA.
Fair Student Loan Act
The FAIR Student Loan Act is being worked on by Senator Sanders. Harper Gay, Senator Sanders representative, met with us and provided answers to some of our questions. There is still time to make suggestions and submit concerns. Email Greg Davis with any comments or thoughts.
Impact of Sequestration on the Title IV Student Financial Assistance Programs
The Federal Pell Grant Program is exempt from sequestration, but FWS, FSEOG, TEACH Grants, and Federal Loan fees may all be affected. Please click here for the latest summary of impacts. And here's a helpful recent article from Inside Higher Ed.
Federal Loan Servicer Contact Information
When you or your students have questions about their loans, it would be helpful to have all of the federal loan servicers’ contact information at your fingertips. Well, IFAP makes it easy! Click on the links below to reference the appropriate page of contact information. These pages are continuously updated. Be sure to bookmark them for easy access in the future.
Check out the new Studentaid.gov
It features videos and infographics, as well as information about the new Pay As You Earn Repayment Plan. In addition, Federal Student Aid has also launched a Twitter feed at www.Twitter.com/FAFSA and a Facebook page at www.Facebook.com/FederalStudentAid. Of particular note is the monthly interactive session called #AskFAFSA Office Hours, which takes place via the @FAFSA Twitter account.
Questioning the ROI for Higher Ed?
Here are some Vermont statistics from CCV's Joyce Judy:
19 of the 25 fastest-growing jobs require an education beyond high school.
78% of jobs in Vermont require training beyond high school.
Skills gap is responsible for 1/3 of the rise in unemployment.
Median wage of an associate's degree holder in Vermont is 36% higher.
Overall unemployment rate is 2 points lower.