Dec 07, 2006
Barton Community College, Pennsylvania Higher Education Assistance Agency (PHEAA) Barton Community College, Pennsylvania Higher Education Assistance Agency (PHEAA)

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Thursday, December 7 , 2006
Secretary Spellings Speaks at FSA Conference
By Emily Zaborniak
At the 2006 Federal Student Aid (FSA) conference, U.S. Secretary of Education Margaret Spellings spoke to an audience of more than 3,000. The audience consisted of officials representing more than 2,000 colleges and postsecondary institutions, lenders, guaranty agencies, higher education associations, nonprofits, software developers, and others dedicated to helping students achieve their higher education goals. Spellings' speech was written with enthusiasm and the intention to ignite motivation to keep America focused on making higher education attainable. She began by citing a hard-hitting fact: 90% of flourishing jobs require postsecondary education. College degrees have become critical to advancing the careers of our country's young people.

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Efforts to Inform Students of Financial Aid

By Emily Zaborniak

It is a pattern that is developing nationwide: potential college students are discouraged from pursuing their dreams of higher education because of a daunting lack of affordability. As the government and colleges work to make more funds available, the problem of keeping students informed about financial aid also needs to be addressed. Students might not fold under the pressure of finding ways to afford college if they know where to locate assistance.

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UC Board of Regents' budget awaits approval by state government

A budget plan that has been approved by the University of California Board of Regents is awaiting approval by the state government. The proposal calls for increases in faculty compensation and additional funding for a 2.5% student enrollment increase. It will first be reviewed by Governor Arnold Schwarzenegger and then passed on to the state legislature. Although the budget incorporates a number of proposals, it does not include a proposal on student fees; according to a press release, the Regents will make a decision on student fees only after the governor's state budget proposal is released in January.
Negotiated rulemaking ready to roll

Proposed regulations for student financial aid programs will be discussed at a negotiated rulemaking event to take place December 12th through 14th. Authorized by Title IV of the Higher Education Act of 1965, this negotiated rulemaking meeting will cover a number of broad issues, including "School Issues," "Lender and GA Issues," "Title IV Loan Issues," and "Perkins Loan Issues."

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