NASFAA Releases Budget Effect Estimator

Search by school name to see the estimated cuts.

The Budget Effect Estimator allows financial aid professionals and other interested stakeholders to search for individual institutions, and displays information about how various aspects of the president’s budget proposal would impact their students.

Although federal student aid programs at large are at risk in President Donald Trump’s fiscal year 2018 budget proposal, the true impact could vary widely between campuses. In an effort to help individual schools better understand the implications of the budget proposal, the National Association of Student Financial Aid Administrators (NASFAA) created a Budget Effect Estimator, which will illustrate what these cuts will mean for students at colleges nationwide.

NASFAA’s Budget Effect Estimator, released today, paints a picture of the repercussion significant cuts to federal student aid programs would have on individual campuses, using data for the award year 2015-16 from the U.S. Department of Education’s Office of Federal Student Aid Data Center and from NASFAA’s Campus-Based Aid Allocation Task Force Report.

The Budget Effect Estimator allows financial aid professionals and other interested stakeholders to search for individual institutions, and displays information about how various aspects of the Trump administration’s budget proposal would impact students on campus. For example, the estimator will display the anticipated total loss in student aid, as well as individual programs such as the Pell Grant Program, the Federal Work-Study (FWS) Program, and the Federal Supplemental Educational Opportunity Grant (FSEOG) Program. Additionally, the estimator will display roughly how many students under each program…

Read the full article from the Source…

Leave a Reply

Your email address will not be published. Required fields are marked *