Pennsylvania Higher Education Assistance Agency Meeting Of The Board Of Directors
The Board of Directors discussed several key agenda items, including reports from the Audit Review Committee and the Committee on Need Analysis and Aid Coordination. Significant actions taken included the approval of changes to the Internal Audit Charter and Mandate, the update of economic eligibility criteria for the Act 101 Program to a Student Aid Index of 12,000, and the authorization of guidelines for the Nursing Shortage Assistance Program. The Board also approved the front-loading of the Grow PA Scholarship Grant Program for the 2025-26 period, the election of Board officers, and revisions to the Enterprise Code of Ethics and Business Conduct. Furthermore, the Board reviewed informational updates on 2026-27 Commonwealth Appropriations, quarterly financial results, and municipal bond disclosures. Finally, the Board ratified a new 2026-2030 agency strategy and authorized the entry of various Orders of Default for student loans.