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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-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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