Skip to main content
Add as a preferred source on Google

NASFAA Releases Interactive Tool for Navigating the Federal Budget Process

  • 06/09/14

WASHINGTON, DC — What is the purpose of the president’s annual budget request and when can it be expected? What is the role of a Congressional Budget Committee? How does it differ from Appropriations? What is an omnibus spending bill, and when does it come into play? The National Association of Student Financial Aid Administrators (NASFAA) has created a new, interactive Federal Budget Tool to help you ascertain the answers to these questions, and to navigate the process through which the federal student aid programs are funded each year.

“As federal student aid programs and financially needy postsecondary education students face annual budget challenges and attempts to reduce or eliminate spending, a working knowledge of the federal budget process is more important now than at any time in the history of the Higher Education Act,” said NASFAA president Justin Draeger. “NASFAA’s handy online roadmap is intended to guide users through the federal budget process, and help them understand it in a simple and easy to follow way.”

Using mouse-over functionality, and hyperlinks where appropriate, the tool guides you through each step, displaying relevant players and key actions that must occur at each juncture. Using this foundation, NASFAA’s goal is to offer our members — and reporters with an interest in federal student aid funding—a more confident understanding of the seemingly complex federal budget process.

NASFAA spokespeople are available to answer any questions regarding the tool, the budget process, and/or funding for key student aid programs. To speak to a NASFAA spokesperson, please email [email protected] or call 202/85-6944.

About NASFAA
The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents nearly 20,000 financial aid professionals at approximately 3,000 colleges, universities, and career schools across the country. NASFAA member institutions serve nine out of every ten undergraduates in the U.S. Based in Washington, DC, 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.

Featured

  • Miami University Approves New $242M Multipurpose Arena

    Miami University in Oxford, Ohio, recently announced that its Board of Trustees has approved construction of a new multipurpose arena at Cook Field, according to university news. The $242-million project will serve as a new centralized hub for student life and create space for economic development on campus.

  • Image courtesy of Kahler Slater

    UW–Madison Announces Completion of Morgridge Hall

    The University of Wisconsin–Madison recently announced that construction is complete on Morgridge Hall, a new academic building, according to a news release. The facility opened September 3 at the start of the fall semester, consolidating the School of Computer, Data & Information Sciences into a single facility for the first time.

  • University of Kansas Breaks Ground on Entrepreneurship Hub

    The University of Kansas in Lawrence, Kan., recently held a groundbreaking ceremony for the new KU Entrepreneurship Hub, according to university news. The Hub is part of the university’s School of Business and will include spaces for experiential learning and programming.

  • Stanford Completes Construction on Graduate School of Education Facility

    Stanford University in Stanford, Calif., recently announced the end of construction on a new home for its Graduate School of Education, according to a news release. The university partnered with McCarthy Building Companies on the 160,000-square-foot project, which involved two major renovations and one new construction effort.