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

  • Surging Demand for Student Housing Fuels Major Campus Investment Opportunities

    University leaders throughout the U.S. are accelerating plans to modernize and expand student housing as enrollment stabilizes and demand for on-campus living rebounds. Recent data from the National Center for Education Statistics indicates that total postsecondary enrollment is projected to grow through the end of the decade, with undergraduate enrollment alone expected to increase by more than 8 percent by 2030.

  • Academy of Classical Education Breaks Ground in Louisiana

    Charter Schools USA (CSUSA) recently announced the groundbreaking of a new public charter school in Covington, La., according to a news release. The Academy of Classical Education at Covington will enroll students in grades K–8 and is scheduled for completion in August 2026, just in time for the new school year.

  • Hawaii Elementary School Breaks Ground on New Classroom Building

    Kealakehe Elementary School in Kailua, Hawaii, recently began construction on a new, $16-million classroom building for its campus, according to a news release. The 13,000-square-foot building will stand two stories and connect the existing upper and lower campuses.

  • California K–12 District Finishes Renovations on Multi-Sport Stadium

    The Alameda Unified School District (AUSD) in Alameda, Calif., recently announced the completion of a renovation project on the Encinal Jr. & Sr. High School stadium, according to a news release. The district partnered with Quattrocchi Kwok Architects (QKA) and Bothman Construction on the facility, and funding came from Bond Measure B.