NASFAA Supports Bipartisan FAFSA Act and Permanent MSI Funding in FUTURE Act

WASHINGTON (PRWEB) December 05, 2019

The Senate today unanimously passed an amended version of the House-passed Fostering Undergraduate Talent by Unlocking Resources for Education (FUTURE) Act that would provide $255 million in permanent, annual mandatory funding to Minority-Serving Institutions (MSIs) and simplify the financial aid application, verification, and student loan repayment processes for millions of students.

The bill, which includes language from the Faster Access to Federal Student Aid (FAFSA) Act of 2018 (S. 3611) passed by the Senate last year, was spearheaded by Senate Health, Education, Labor, and Pensions Committee Chairman Lamar Alexander (R-Tenn.) and Ranking Member Patty Murray (D-Wash.), along with Sens. Tim Scott (R-S.C.), Doug Jones (D-Ala.), Richard Burr (R-N.C.), and Chris Coons (D-Del.). The bill would allow for direct data sharing between the Internal Revenue Service and Department of Education, simplifying the financial aid application and loan repayment processes and in turn generating $2.8 billion in savings over 10 years to provide permanent funding to MSIs.

The bill amends both the Internal Revenue Code and the Higher Education Act to keep applicant information more secure by allowing for the direct importing of IRS tax data to the FAFSA. Direct data sharing would also streamline enrollment in and renewal of income-driven repayment (IDR) plans for borrowers by removing the need for students to self-certify their income to prove eligibility for federal IDR plans. This safeguards the integrity of the federal student aid programs without creating overly burdensome bureaucratic barriers for students who rely on these programs. The bill also takes meaningful steps to reduce verification burden, a process that remains overly complex, disproportionately affects low-income students, and is burdensome for students and aid administrators.

“Allowing the IRS to share applicant data directly with ED will simplify the financial aid application, verification, and student loan repayment processes for millions of students and borrowers,” said NASFAA President Justin Draeger. “The FUTURE Act provides a two-for-one deal by guaranteeing critically important permanent, annual funding for Minority-Serving Institutions that serve large numbers of low-income, first-generation college students. These are the sort of reasonable, bipartisan solutions students and families need from Washington, D.C., and we applaud these senators for their commitment to removing barriers to postsecondary education. The financial aid community urges House leadership to take swift action on this bill.”

For more information on the data-sharing provisions included in the bill, see NASFAA’s FAFSA Act issue brief. NASFAA policy experts are available to speak more about FAFSA simplification and the reauthorization of the Higher Education Act. To set up an interview, please email news@nasfaa.org or call (202) 785-6954.

About NASFAA

The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents more than 28,000 financial aid professionals at nearly 3,000 colleges, universities, and career schools across the country. NASFAA member institutions serve nine out of every ten 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 http://www.nasfaa.org.

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Motivational Coach Chad Cooper Focusing On Courses For 2020 Goals

BOCA RATON, Fla. (PRWEB) December 05, 2019

Chad Cooper, the experienced author and motivational coach who offers classes for business owners around the world, is offering classes for the end of 2019 that focus on setting and achieving goals in 2020 and beyond. The reason Chad is focusing on this now is because he believes that any accomplishments made in the New Year, are done so because of work put it at the end of the previous year and this includes personal and business goals. There will also be online business courses for entrepreneurs and professional athletes offered as well via his site.

“It doesn’t matter what your goals are, lose weight, stop smoking, get out of debt, build up your company, if you have goals or New Years resolutions as they are often called, the work needs to be started now. We have this mentality that we just want to enjoy and survive the rest of the year as we have so much thrown at us including family and work responsibilities. The problem is that when January comes around, we are trying to break habits that have been set in place for months or years and that’s why most of us fail within the first few weeks and resort back to our normal routine.” Chad Cooper

The motivational classes will focus on identifying what the goals are and how to begin working towards them now, in order to achieve them in 2020. This reflects a proven method of coaching utilized by the author for years now as he helps people identify not just their goals, but who they want to become in the future and what would it require to be that person? These strategies are available in online courses to business owners and others who are interested in the program.

“You take a business owner or manager, someone who has had a lot of success to get where they are now but they understand the challenges that they have to take on to get where they want to go, not just in their professional lives, but their personal ones as well. When you were 24 you could be aggressive and go after everything. Now you’re 44 and you have a family to support, your doctor wants you to drop 20 pounds, you have a mortgage and you are running the company. That’s not an easy list of things to handle and you cannot just wake up January 1st and think you are going to be able to get started. The work needs to get started now and that’s how my classes can help you.”

About Chad E Cooper

Chad E Cooper is an experienced life coach and entrepreneur. His book Time Isn’t The Problem: Four Stages To Transform Stress Into Success, is available on Amazon. After his time in the United States Marines Corps, Chad moved onto work at Microsoft as an information technology advisor. After retiring from Microsoft at the age of 35, Chad partnered with Tony Robbin’s Robbins Research Intl. as a Platinum/Master Coach of Business Mastery through his company Factive Nautics coaching organization and travels the world coaching and teaching professional athletes, elite entrepreneurs and more. If you would like to learn more about the program, visit Chad’s site today.

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Collins Aerospace VP Appointed to INROADS National Board of Directors

ST. LOUIS (PRWEB) December 05, 2019

André Powell has recently been appointed to the INROADS, Inc. National Board of Directors. Powell is the vice president of Finance for Operations & Quality at Collins Aerospace, a unit of United Technologies Corporation (UTC). He brings more than 26 years of financial experience to the board position.

INROADS, a national nonprofit, trains and develops talented, underrepresented youth for business and industry by preparing them for corporate and community leadership. The nonprofit is coming up on 50 years of changing the lives of youth across the nation.

“We are incredibly honored to have André, an INROADS alumnus, on our national board,” said Forest T. Harper, Jr., INROADS president and CEO. “His global reach broadens our sphere of influence to impact more students, and his multiple roles in the financial arena will undoubtedly help us continue to enhance our mission.”

Powell began his career as an INROADS intern immediately after high school. He then worked four consecutive summers at UTC, graduating from Howard University with an accounting degree and a master’s from both Purdue University and TiasNimbas Business School.

“My older sister and role model was the first INROADS intern that I knew,” said Powell. “I started my professional career at INROADS immediately after graduating from high school. That experience early on in my life has been very transformative.”

His career has given him numerous roles both domestically and internationally. Powell has led finance teams at Pratt & Whitney, Howard University and UTC. As a leader in the world of finance, he has helped advise acquisitions, increase financial stability throughout administrations and partnered with organizations across the globe. He has also served as an executive sponsor for several professional opportunities, including the African American Forum.

“INROADS provided me with a tremendous opportunity to fulfill my dreams, and I’m excited to join this team to help open doors for the next generation,” said Powell.

Powell will serve on the INROADS National Board of Directors for a three-year board term, working with the board member team to advance the organization’s mission to support and develop talented youth across the nation.

For more information about INROADS, its programs and how to become connected to the nonprofit, visit http://www.INROADS.org.

About INROADS

Founded in 1970, INROADS develops and places talented underserved youth in business and industry, preparing them for corporate and community leadership that affects community renewal and social change and elevates economic status and quality of life. INROADS has placed students in more than 135,000 paid internships throughout its history, and graduated more than 28,000 alumni into full-time professional and leadership positions with more than 1,000 corporate partners. Currently, INROADS serves nearly 1,300 interns and 200 corporate clients. Learn more at INROADS.org and connect with us on Facebook, Twitter, Instagram and LinkedIn: @INROADSInc.

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