NASFAA’s NextStepsEd Website Assists Students Affected By School Closures

January 3, 2019

By guest blogger Sydney Evans, Policy & Research Assistant, NASFAA

The NextStepsEd website provides students affected by closure of their institution of higher education with information on their financial aid eligibility and student loans. This includes tools and financial aid advisers to help them determine their eligibility for closed school federal loan discharge, borrower defense to repayment, and/or Pell Grant eligibility restoration.

Since April 2015, the National Association of Student Financial Aid Administrators (NASFAA), with the help of generous grant funding, has been working to assist students whose schools closed either while they were enrolled or shortly after they withdrew. To date, NASFAA has assisted more than 6,000 students from more than 30 closed institutions across the country.

If students need additional one-on-one help, the website currently provides the option for students to submit a ticket request which will be answered by one of NASFAA’s dedicated member volunteers from financial aid offices nationwide who are ready to walk students through their options.

The site also includes an interactive feature that uses a series of questions and checklists to guide students in determining their eligibility for closed school federal loan discharge, borrower defense to repayment, and/or Pell Grant eligibility restoration. Additionally, three student success story videos have been added to the website to provide further explanation and encouragement for those who find themselves in similar situations.

About NASFAA

The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents more than 20,000 financial aid professionals at nearly 3,000 colleges, universities, and career schools across the country. NASFAA member institutions serve nine out of every 10 undergraduates in the United States. Based in Washington, D.C., NASFAA is the only national association with a primary focus on student aid legislation, regulatory analysis, and training for financial aid administrators. For more information, visit www.nasfaa.org.

(Image via http://nextstepsed.org/)

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