Navigating Financial Aid Changes: Insights from NASFAA's Melanie Storey

"In this season's fifth episode, host Dr. Jill Creighton welcomes Melanie Storey, President and CEO of the National Association of Student Financial Aid Administrators (NASFAA), to demystify the changing landscape of student financial aid and its deep ties to student affairs," NASPA writes.

... "Melanie, bringing decades of experience from policy implementation at the U.S. Department of Education and leadership roles throughout Washington, D.C., articulates how student financial aid has evolved. From its beginnings with the Higher Education Act and the emergence of need-based aid, she describes the ongoing tension between supporting students with the greatest financial need and responding to broader shifts in public opinion about the value of higher education."

"A major theme in the conversation is the "One Big Beautiful Bill Act" (OB3), which is making waves with its broad changes to loan programs, repayment plans, and institutional accountability. Melanie clarifies complex topics like Public Service Loan Forgiveness (PSLF), repayment clarity, and the introduction of earnings measures for universities. She urges student affairs professionals to recognize the uncertainty this creates for students—not just in their financial planning but in their emotional well-being and sense of security while pursuing degrees."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

 

Publication Date: 10/30/2025

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