national association of student financial aid administrators © nasfaa 2012 the following is a...
TRANSCRIPT
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National Association of Student Financial Aid Administrators
© NASFAA 2012
The following is a presentation prepared for:
ISFAA ConferenceIndianapolis IN
© NASFAA 2012
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Using NASFAA Tools
Ron Day, Director of Financial Aid Kennesaw State University
© NASFAA 2012
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NASFAA Tools
Tools to help you improve administration and compliance include:
• Analysis of new laws, regulations and guidance
• Text of laws, regulations and ED guidance
• NASFAA-developed tools and resources
• Online live and on-demand training and analysis
• Centers with resources to help you comply with new regulations
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Overview of NASFAA Tools
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Overview of NASFAA Tools
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Training and Professional Development
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Online: NASFAA University
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Paths to Credential: Demonstrated Experience
• Minimum experience• Evaluation process• Cost
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Paths to Credential: Self-Study Guides
• Format• Structure• Topics
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Paths to Credential: Facilitated Online Course
• Designed to bring minds and ideas together despite distances
• Program objectives:– Proficiency– Knowledge– Value
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Paths to Credential: Facilitated Online Course
• 3 to 6 week length courses• Offers video-enhanced
lectures• Includes quizzes and
homework assignments• Live facilitator• Online discussions• Resource library• Qualifies for credential testing
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Paths to Credential: On-site Training
• Format• Structure• Topics• Pros and cons
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Paths to Credential: Boot Camps
• In-person workshops offered by state and regional financial aid associations
• Immersive in nature and usually span multiple days
• Must be using NASFAA CORE curriculum
• Successfully completing specific topic areas through a boot camp qualifies an individual for the credentialed test
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Online: Webinars
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• October 27, 2012 – Award Letters and Related Consumer Information• November 19, 2012 – Working with Students Without a High School Diplomas• December 19, 2012 – Moving Toward Customization: Verification for 2013-14• February 27, 2013 – Strategic Packaging: Who Gets What• May 15, 2013 – Did You Notice Anything Unusual? Exercising Professional Judgment• June 26, 2013 – Hot Topics!
Online: Webinars
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On My Campus: CORE
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• Comprehensive instructional materials for teaching financial aid fundamentals
• 13 modules cover almost all topics relevant to financial aid administration
• Contains an instructor’s guide, PowerPoint presentation and trainee handouts
On My Campus: CORE
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CORE
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In My Area: State & Regional Workshops
• Direct Loans: The Rest of the Story• Features real-life situations• Provides guidance on common issues• Contains an instructor’s guide, PowerPoint
presentation and trainee handouts
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Professional Practice Tools
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AskRegs Knowledgebase
AskRegs Knowledgebase allows members to browse and search for answers to regulatory and compliance questions
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AskRegs Knowledgebase
Search on key terms to view most popular Q&A articles on a topic
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AskRegs Knowledgebase
Subscribe to receive automatic updates if article guidance changes
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AskRegs Knowledgebase
Submit a Ticket and NASFAA staff will research and provide an answer to your question
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AskRegs Knowledgebase
Immediately check the status of any Tickets you have submitted
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Self-Evaluation Guide
The Guide is divided into four major parts:
I. Institutional Responsibilities
II. Administration of Title IV Federal Aid Programs
III. Administration of Title VII and Title VIII Health Professions Programs
IV. Appendices
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Self-Evaluation Guide
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Compiled Title IV Regulations
• Searchable PDF document• Linked table of contents in each document• New regulations incorporated each award year• Current edition is as of July 1, 2012, effective
2012-13 award year
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• Revisions that became effective July 1, 2012, are shown in: red (added text) or strikeout (like this) for deleted text
• Keys applicable to individual sections of regulation are noted in the footer
• Gray shading used to denote early implementation at institution’s option
• Bookmarks added to permit navigation in document
Compiled Title IV Regulations
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-Compiled Title IV Regulations
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Compiled Title IV Legislation
• Searchable PDF for each major subchapter of U.S. Code
• Files constructed by incorporating amendments to the law
• Each document contains bookmarks for easier navigation
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•For official version of the law, visit Thomas at http://thomas.loc.gov/home/thomas.php
Compiled Title IV Legislation
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-Compiled Title IV Legislation
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Policies and Procedures Tools
•Tools for formatting, implementing, and evaluating policies and procedures
•Regulatory Resources Guide containing: Explicit and implied regulatory requirements Areas where schools have implementation
options
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• Customizable P&P manual • Page format samples, style decisions, and
master template document• Guidance for reading and interpreting statutes
and regulations
Policies and Procedures Tools
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Policies and Procedures Tools
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Policies and Procedures Tools
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Policies and Procedures Tools
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How-to Guides
• Guides for: Award Letter Self-Assessment and Net Price Calculator Selection
• Reference tool on how to use federal income tax returns, forms and schedules for verification and need analysis
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Using Tax Returns in Need Analysis
Updated annually by NASFAA
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How-to Guides: Using Tax Returns in Need Analysis-
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How-to Guides: Using Tax Returns in Need Analysis
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Standards of Excellence
Through review of school’s financial aid operations, administration of Title IV programs, and compliance with Title IV requirements by team of practicing financial aid administrators
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Quick Reference Guides
•Deadlines: Direct Loan Program Year Closeout vs. Reconciliation Q & A
•2012-13 Student Aid Reference Sheet•2011-12 Graduate & Professional Reference Sheet•2011-12 Health Professions Loans & Scholarships Reference Sheet•Cash For College•And more…
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Monographs
• Competent review of literature on financial aid related topics
• Publications offering historical, research driven information that summarizes statistics
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Student Aid Transcript
The Student Aid Transcript is the magazine of NASFAA, featuring in-depth articles by NASFAA members, policy experts, and colleagues in related industries.
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The Journal of Student Financial Aid is the official journal of NASFAA, featuring in-depth articles by NASFAA members, policy experts, and colleagues in related industries.
Journal of Student Financial Aid
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Graduate & Professional Listserv
• Free service for student aid professionals at graduate and professional institutions• Serves as a communications forum for issues specifically related to the administration of financial aid at Grad/Prof schools
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Resource Listserv
• Free service for institutions that have limited resources to administer student aid• Serves as communications forum for issues specifically related to the administration of financial aid and maintaining compliance on a tight budget
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Questions?
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