OTC AskRegs Experts: FAFSA Simplification Surveys and Making Sense of Payment Periods

This week on "Off the Cuff," Allie, Jill, and David discuss highlights from NASFAA’s FAFSA Simplification Implementation Working Group and cover some important details concerning late disbursements and retroactive payments. Jill dives into a pair of recent NASFAA surveys that capture financial aid offices’ preparedness for the impending rollout of FAFSA simplification changes, and also highlights a recent poll digging into the implications of a FAFSA housing question that will no longer be asked in 2024-25. David then follows up with discussion on late disbursements, and how they can impact institutions and student eligibility. Hugh catches members up on some initial topline numbers from President Joe Biden’s budget request and updates listeners on a new lawsuit challenging the administration’s freeze on federal student loan repayment and interest accrual.