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Thursday, October 19, 2017

Global Issues and Georgia Update


Joan Bailey - Global Issues Chair 2017-18
joanbailey@health.usf.edu


Georgia Update



  • ·         Mercer University hosted our 1.5-day Fall Workshop where we trained 160+ members on a variety of topics; NASFAA Core, Technical Track, State Updates, and New Aid Academy.
  • ·         We unveiled a new GASFAA Logo (See Above) to our members.  After 50 Years we decided a new and refreshing look was needed, one of our very own GA Students created the logo for us.
  • ·         We began a giving campaign for our memorial scholarship, we established a $2000 goal, which we are 1/3 of the way to reaching.  

Stephen Andersen - Georgia State President 2017-18
sandersen@gntc.edu

Wednesday, October 11, 2017

Benefits of Membership

The Southern Association of Student Financial Aid Administrators (SASFAA) is an anchor for its membership. Professionals, both new and seasoned, from public and private four-year colleges & universities, community colleges, graduate & professional schools, career schools, student lending organizations, guarantors, consulting groups, government agencies, and financial aid software companies find value in SASFAA membership.

Benefits of SASFAA membership include networking with experienced colleagues, up-to-date information on federal changes and new aid programs, participation in important legislative advocacy efforts, nationally renowned training programs for all levels, an active listserv and Nine News blog that allow constant communication with your peers (including financial aid announcements, relevant articles and job postings), volunteer opportunities and leadership positions, and a 4-day annual conference that invites experts from the U.S. Department of Education and financial aid organizations throughout the country to share knowledge and best practices.

Membership dues are only $35.  If you haven’t already, consider joining SASFAA or renewing your membership today!  We look forward to serving you.

Cordially,
Dr. Sharon Oliver, 2017-2018 SASFAA President

Jenelle Handcox, 2017-2018 SASFAA Membership Chair

Monday, October 9, 2017

A Message from the Legacy-Long Range Planning Committee Chair



Our SASFAA long range plan is set to be reviewed and updated in 2022.   In order to prepare for this review President Oliver has given me the opportunity to chair the Legacy-Long Range Planning Committee.  I am happy to have on the committee; Marian Dill- Lee University, Amy Berrier-UNC Greensboro, and Heather Boutell- Bellarmine.   Our task is to ensure that goals and objectives are being met within the time frame set.

President Oliver also has given me the task of ensuring our Legacy (SASFAA’s) continues to serve the purpose as to which it was created. 

Why was SASFAA created you may ask; because individuals had a vision and desire to provide an avenue for a support and resource network which provides training opportunities that enable and enhance the ethical delivery of educational resources to students, to cultivate personal and professional leadership development among our members, and to advocate for public policies that support financial aid programs.

What does legacy mean to you?  I am sure we all may have a different idea of what legacy means, and I was surprised to find so many different definitions, depending on the context in which used.  I believe that legacy is something that is passed on to us whether by family, culture or organizations.    As a member of SASFAA I am proud of the Legacy of SASFAA!

SASFAA’s Legacy, comes at us from the past, and affects our present and also our future. We must as members of our regional association remember that the life of SASFAA’s Legacy is in our hands and it’s our responsibility to preserve and develop it into something that we are proud to pass on to our future members.  We must continue to provide training opportunities to better serve our students and their families, and to ensure that we cultivate future leaders within our association, in doing this SASFAA’S Legacy will continue.

With this year’s theme:  “Optimizing Student Success through Advocacy Support and Outreach, SASFAA’s Legacy will live on”.

Nathan R. Basford, Jr.

Florida State University.

Tuesday, September 5, 2017

     

Investing In A Caring Association


     Hearing a financial aid representative state on the last day of August that he was feeling very good and had experienced a quiet day, led me to reflect upon the federal changes that were implemented to enhance our operations during fall registration.  While we experienced the same pace for registration in our office, days filled with many office visitors and high call volumes, I must admit that most of the students did have a FAFSA on file.  I have concluded that a better timeframe to fully assess the success of the new federal changes will be when we are free of 399s, and the DRT is live and functional.  As we advance from registration to travel to the regional association activities.  I wish to provide updates regarding board members, volunteers, goals, membership dues, and training opportunities.
     We are very excited about the active and passionate board members who have been elected and appointed to execute the duties and responsibilities of our association.  This board is committed to delivering a year of exciting events and activities.  The committee chairpersons did an excellent job with vetting the list of volunteers.   As you are aware, our association is supported through the efforts of volunteers.  We are pleased that an opportunity to serve was offered to all volunteers.  If you did not submit a volunteer form and wish to assist the association, we invite you to serve as a moderator for the annual conference. 
     Great emphasis will be placed upon providing service to our members by offering innovative and just-in-time training opportunities, engaging members through a communication blog, and surveying the membership for preconference sessions, and webinars.  Here are the President’s Goals for 2017-18:
  •  Develop a mentorship guide for new members, and collaboratively work with State Presidents to engage new members
  • Identify duties and responsibilities for Treasurer-Elect
  • Increase webinars for training and development of members
  •  Assess the New Aid Officers' Workshop
  • Increase the number of SASFAA members earning NASFAA credentials
  • Review and implement Cost Containment Task Force Recommendations

     We would like for you to benefit from the many offerings that will be held on this year as an active participate in the association.  An inaugural Enrollment Management Symposium will be held on October 22-25, 2017, in Orlando, FL.  There are limited spaces, please register early for this event.  Additionally, there will be training sessions offered through webinars designed to meet the needs of our members. 

Please join the regional association by paying $35 for the membership dues by September 15, 2017.  Also, we encourage you to get involved at the state level, and be an active member of your state association.   Members from all states are represented on the regional board.  You may view members from each state by visiting SASFAA’s website.  We are looking forward to a great year with your support.

Sharon Oliver
SASFAA President for 2017-18


Coming in October: Enrollment Management Forum



     Join us for SASFAA’s inaugural Enrollment Management Forum, October 23 – 24, 2017 at the Embassy Suites, Lake Buena Vista Resort, in Orlando, Florida. 

     To many financial aid professionals, enrollment management is this mysterious function at our institution. We know it involves admission, and somehow financial aid. Perhaps we even see retention efforts spearheaded by the enrollment manager… the Great and Wonderful Oz who lives in the Emerald City and sends flying monkeys to spy on financial aid people. Who is this Oz? How did Oz get to be in that position? How do financial aid professionals move into such great and mighty positions? 


Virginia Welcome and News 

     Welcome to the VASFAA Community!   As President for the 2017-18 year I am very excited and honored to be serving this association and its members during the celebration of its 50th Anniversary! 
     VASFAA, established in April 1968, has maintained its mission to promote the professional growth and collaboration of its members in order to serve fairly the needs of students, families, and institutions in matters related to financial and informational resources supporting student’s postsecondary education goals over the last 50 years.  This mission will continue on.
     This year’s VASFAA theme is:
“Coming Together - Celebrating 50 Years of Serving Students, Families, and Institutions”
The VASFAA Executive Board, appointed Committee Chairs, and committee volunteers are already hard at work in preparation to meet the goals outlined during the transition retreat held in June 2017.  These groups have been charged with increasing membership and participation within the association, developing improved communication, and promotion of professional growth and training through workshops, webinars, and the annual conference.  I am very enthusiastic about what this year offers to help VASFAA “Come Together"
     VASFAA is a dynamic organization with financial aid professionals from all sectors.  This organization has a great deal to offer its members and each and every one of its members has a great deal to offer it in return.  Whether you like to give back through volunteerism, have a desire to network with “like-minded” folks, share your knowledge of the industry conducting sessions, or as a participant in training opportunities, VASFAA has value!  As Vince Lombardi said, “The achievements of an organization are the combined efforts of each individual.” The key to VASFAA’s success is its members and their participation. 
     I am excited to be working with such a dedicated and passionate group financial aid professionals, celebrating 50 years of VASFAA’s success, and embarking on an exciting future ahead.  The 50th Anniversary will be held April 29 – May 2, 2018 at the brand new Hilton Main in downtown Norfolk, VA.  We would love to have you join us to celebrate our 50 years of serving students, families, and institutions.

Thank you
Biz Daniel

VASFAA President 2017-18

Monday, June 19, 2017

This Week in Legislation - Week of June 19, 2017

 
Week of June 19, 2017
 
·         This week, both the U.S. House of Representatives and U.S. Senate are in session for legislative business. While neither chamber is expected to consider student financial aid-related legislation, the House will consider H.R. 2353, the Strengthening Career and Technical Education for the 21st Century Act, which would reauthorize the Carl D. Perkins Career and Technical Education Act that provides funds to states, community colleges, and high schools to improve and promote career and technical education programs.
·         On Tuesday starting at 8:30 a.m., the U.S. Chamber of Commerce Foundation, Gallup, and the American Institutes for Research (with the support of Strada Education Network) host an event to highlight their “Launch My Career” tool. Launch My Career, a state-specific consumer information resource for traditional and nontraditional students, was launched in 2016 to provide program-level outcomes information. The event will highlight how to use the tool to help students identify personally and professionally satisfying career pathways, as well as how the education and business communities can work together to promote these pathways for students. Participants in the event include: Cheryl Oldham, Senior Vice President, Center for Education and Workforce, U.S. Chamber of Commerce Foundation; Mark Schneider, Vice President and Institute Fellow, American Institutes for Research, and President, College Measures; Brandon Busteed, Executive Director, Education and Workforce Development, Gallup; Amelia Bozeman, Executive Director, Business Education Partnership Foundation; Laura Chrisco, Director of Design and Implementation for Texas OnCourse, University of Texas at Austin; Kim Clark, Senior Writer, Money Magazine; Paul Fain, News Editor, Inside Higher Ed; and Robin Wise, President and Chief Executive Officer, Junior Achievement - Rocky Mountain, Inc.
·         On Tuesday at 10:00 a.m., the Bipartisan Policy Center (BPC) hosts a discussion titled, “Promoting Affordability and Accountability in the U.S. Higher Education System.” The discussion will focus on how states, institutions of higher education, and the federal government can work to promote affordability and accountability. Participants include: The Honorable Tim Scott (R-SC); Sheila Bair, Former President, Washington College, and Former Chair, Federal Deposit Insurance Corporation; Mitch Daniels, President, Purdue University, and Former Governor, State of Indiana; Dr. Mariko Silver, President, Bennington College; Dr. Alisa White, President, Austin Peay State University; and moderator Kimberly Hefling, Senior Education Writer, Politico.
·         On Tuesday at 10:00 a.m., the Senate Judiciary Committee holds a hearing entitled, “Free Speech 101: The Assault on the First Amendment on College Campuses.” Witnesses include: Zachary Wood, Student, Williams College; Frederick Lawrence, Secretary and Chief Executive Officer, Phi Beta Kappa Society; Isaac Smith, Student, University of Cincinnati College of Law; Dr. Fanta Aw, Interim Vice President of Campus Life, American University; Professor Eugene Volokh, Gary T. Schwartz Distinguished Professor of Law, University of California Los Angeles School of Law; Richard Cohen, President, Southern Poverty Law Center; and Floyd Abrams, Senior Counsel, Cahill Gordon & Reindel LLP.
·         On Tuesday at 10:30 a.m., the Brookings Institution hosts a discussion titled, “The Lamppost Theory: Why Economic Policy So Often Comes up Short.” The event will discuss what politicians and economists can learn from each other, and what this all means for the prospects for tax reform in 2017. Participants include: Alan Blinder, Visiting Fellow, Brookings Institution; Former Rep. Barney Frank (D-MA); Vin Weber, Partner, Mercury, LLC; and moderator David Wessel, Director, the Hutchins Center on Fiscal and Monetary Policy.
 
·         On Tuesday at 12:45 p.m., House Speaker Paul Ryan (R-WI) delivers his first major speech on tax reform during an address at the National Association of Manufacturers 2017 Manufacturing Summit: The Resilience of the American Economy. Following his speech, Speaker Ryan will participate in a question and answer session.
 
·         On Tuesday at 2:30 p.m., the Senate Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget proposal for the Federal Communications Commission (FCC). Witnesses include: The Honorable Ajit Pai, Chairman, FCC; The Honorable Mignon Clyburn, Commissioner, FCC; and The Honorable Michael O’Rielly, Commissioner, FCC.
·         On Wednesday at 10:00 a.m., the Senate Homeland Security and Governmental Affairs Committee considers the nominations of Russell Vought to serve as the Deputy Director of the Office of Management and Budget (OMB) and Neomi Rao to serve as the Administrator of the Office of Information and Regulatory Affairs at OMB.
 
·         On Wednesday at 2:00 p.m., the House Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget request for the Office of Management and Budget. The sole witness will be The Honorable Mick Mulvaney, Director, OMB.
 
·         On Thursday at 10:00 a.m., the Consumer Financial Protection Bureau (CFPB) hosts a public event on student loan servicing at North Carolina State University in Raleigh, NC. The event will feature remarks from CFPB Director Richard Cordray and North Carolina Attorney General Josh Stein.
·         On Thursday at 10:00 a.m., the Senate Banking, Housing, and Urban Affairs Committee holds a hearing entitled, “Fostering Economic Growth: Regulator Perspective.” Witnesses include: The Honorable Jerome Powell, Member, Federal Reserve System Board of Governors; The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation; The Honorable Mark McWatters, Acting Chairman, National Credit Union Administration; Keith Noreika, Acting Comptroller, Office of the Comptroller of the Currency; and Charles Cooper, Commissioner, Texas Department of Banking, on behalf of the Conference of State Bank Supervisors.
 
·         On Thursday at 1:30 p.m., Education Secretary Betsy DeVos delivers remarks at an event hosted by the National Archives titled, “National Conversation on Rights and Justice: Building a More Perfect Union.” The Secretary will speak during a session regarding “Enlightened and Engaged: Education for Democracy?”
 
·         On Friday at 2:15 p.m., Federal Reserve Board of Governors Member Jerome Powell gives a speech titled Central Clearing and Liquidity” at the Federal Reserve Bank of Chicago Symposium on Central Clearing in Chicago, IL.
 
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.
 

Tuesday, June 13, 2017

This Week in Legislation - Week of June 12, 2017

Week of June 12, 2017
 
·         This week, both the U.S. House of Representatives and U.S. Senate are in session for legislative business. However, neither chamber is expected to consider student financial aid-related legislation. This week, the Trump Administration is expected to hold a series of events focused on expanding apprenticeship program for blue-collar workers, including announcing new executive actions to promote job training.
 
·         Today at 4:00 p.m., the House Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget proposal for the U.S. Department of Treasury. The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury. 
·         On Tuesday and Wednesday, all day, the Federal Reserve holds a two-day meeting of its Federal Open Market Committee. The minutes for each regularly scheduled meeting of the Committee, which include a description of economic and financial conditions, are made available three weeks after its policy decisions are posted in the Federal Reserve Board’s Annual Report.
·         On Tuesday at 10:00 a.m., the Senate Budget Committee holds a hearing on the U.S. Department of Treasury’s Fiscal Year 2018 budget proposal. The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury. 
·         On Tuesday at 2:00 p.m., the House Judiciary Subcommittee on the Constitution and Civil Justice holds a hearing entitled, “Lawsuit Abuse and the Telephone Consumer Protection Act.” Witnesses include: Rob Sweeney, Founder and Chief Executive Officer, Mobile Media Technologies; Becca Wahlquist, Partner, Snell and Wilmer; Hassan Zavareei, Partner, Tycko and Zavareei, and Adonis Hoffman, Founder and Chairman, Business in the Public Interest. 
 
 
·         On Wednesday starting at 9:00 a.m., the American Enterprise Institute (AEI) hosts a discussion on a new report analyzing how marriage, childbearing, and the “success sequence” are linked to financial well-being and how policymakers, educators, and other civic leaders can promote smart choices among today’s young adults. The event titled, “Millennials and the ‘Success Sequence’: How do Education, Work, and Marriage Affect Poverty and Financial Success Among Millennials?”, features Wendy Wang, Senior Researcher, Insight Research Consulting; W. Bradford Wilcox, Visiting Scholar, AEI; Ron Haskins, Senior Fellow, Brookings Institution; Annie Lowrey, Contributing Editor, The Atlantic; Ian Rowe, Chief Executive Officer, Public Prep Network; Michael Farkosh, Director of Curriculum and Assessment, Girls Prep Bronx Middle School; Kesi Wilson, Alumni, Girls Prep Bronx Middle School, and Graduate, Philips Exeter Academy; and Daisha Rivas, Student, Girls Prep Bronx Middle School.
·         On Thursday at 9:30 a.m., the Senate Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management holds a hearing entitled, “Agency Approaches to Reorganization: Examining the Office of Management and Budget’s Memorandum on the Federal Workforce.” In this hearing, the subcommittee will examine the processes that agencies are pursuing to reorganize, streamline, and make their operations and organizational structures more effective. Witnesses include: The Honorable Ellen Herbst, Chief Financial Officer and Assistant Secretary for Administration, U.S. Department of Commerce; Lee Lofthus, Assistant Attorney General for Administration Justice Management Division, U.S. Department of Justice; Don Bice, Associate Director, Office of Budget and Program Analysis, U.S. Department of Agriculture; and Michael Stough, Director, Program Analysis and Evaluation Division, Office of the Chief Financial Officer, U.S. Department of Homeland Security.
 
·         On Thursday at 10:00 a.m., the House Education and the Workforce Subcommittee on Higher Education and Workforce Development holds a hearing entitled, “Helping Americans Get Back to Work: Implementation of the Workforce Innovation and Opportunity Act.” Witnesses will be announced at a later date. 
·         On Thursday at 11:00 a.m., the Senate Veterans Affairs Committee meets to consider S. 410, the Shawna Hill Post 9/11 Education Benefits Transferability Act; S. 473, the Educational Development for Troops and Veterans Act; and S. 882, to amend title 38, United States Code, to provide for the entitlement to educational assistance under the Post-9/11 Educational Assistance Program of the Department of Veterans Affairs for members of the Armed Forces awarded the Purple Heart.
·         On Thursday at 11:00 a.m., National Journal hosts a free webinar titled, “What’s Next for Financial Reform?”, which will address whether the Trump Administration will embrace the Financial CHOICE Act or pursue its own plan, and outline what to expect in finance policy going forward. National Journal participants include: Hunter Hamrick, Finance Policy and Data Visualization Fellow; Francis Torres, Policy and Data Visualization Fellow; Alistair Taylor, Director of Strategic Content and Presentations; and Dan O’Brien, Network Science Initiative Research Analyst. 
 
 
·         On Thursday at 3:00 p.m., the Municipal Securities Rulemaking Board (MSRB) hosts a free webinar titled, “Municipal Advisor Representative Qualification Examination.” During this webinar, staff of the MSRB and the U.S. Securities and Exchange Commission will review the standards of professional qualification for municipal advisors and discuss the enrollment process for taking the MSRB’s Municipal Advisor Representative Qualification Examination (Series 50).
·         Friday is the deadline for the public to provide comments to the U.S. Department of Education on the draft 2018-2019 Free Application for Federal Student Aid, which was released on April 11, 2017. The Department is reporting a net burden increase of 5,790,741 hours for 2018-2019.
 
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.
 

Wednesday, May 31, 2017

This Week in Legislation - Weeks of May 30 and June 5, 2017



Week of May 30, 2017

 
·         This week, both the U.S. House and U.S. Senate are in recess for the Memorial Day holiday. Federal lawmakers will return to Washington, DC for legislative business on Monday, June 5, 2017.

·         On Wednesday at 2:00 p.m., the Federal Reserve releases its Beige Book. Eight times a year, the Fed releases its Beige Book, a summary of current economic conditions for the 12 Federal Reserve Districts based on anecdotal information gathered through reports from Bank and Branch Directors and interviews with key business contacts, economists, market experts, and other sources.

·         On Thursday at 8:00 a.m., Federal Reserve Board of Governors Member Jerome Powell gives a speech titled, “Thoughts on the Normalization of Monetary Policy” at the Breakfast Meeting of The Economic Club of New York in New York.
·         On Thursday starting at 9:30 a.m., Strada Education Network and Gallup release the results of their Education Consumer Pulse, a three year study of U.S. adults about their perspectives and experiences with postsecondary education. During the event, attendees will hear opening remarks by Bill Hansen, President and Chief Executive Officer, Strada Education Network; learn about the reports’ findings from Brandon Busteed, Executive Director, Education and Workforce Development, Gallup; and hear reaction from a panel of experts, including: Carol D’Amico, Executive Vice President, Strada Education Network; Les Lenkowsky, Special Counselor to the Dean, Lilly Family School of Philanthropy; Teresa Lubbers, Commissioner, Indiana Commission for Higher Education; and Johnny Taylor, President and Chief Executive Officer, Thurgood Marshall College Fund.

 
·         On Thursday at 10:00 a.m., the American Enterprise Institute (AEI) hosts a panel discussion titled, “Is it Time to Reinstate the Glass-Steagall Act?” During the event, Richard Sylla, Professor Emeritus of Economics, New York University Stern School of Business, will provide remarks on the history of the Glass-Steagall Act. Other participants include: Martin Baily, Senior Fellow, The Brookings Institution; Oliver Ireland, Partner, Morrison and Foerster LLP; Paul Kupiec, Resident Scholar, AEI; Norbert Michel, Research Fellow, The Heritage Foundation; and moderator Alex Pollock, Distinguished Senior Fellow, R Street Institute.

 

Week of June 5, 2017


The NCHER Daily Briefing will be on a publishing break next Monday, June 5, through Wednesday, June 7, due to the 2017 Spring Convention. 

 
·         This week, both the U.S. House and U.S. Senate are in session for legislative business. However, neither chamber is expected to consider student financial aid-related legislation.

 
·         On Tuesday and Wednesday, all day, insideARM hosts the third annual First Party Summit in Frisco, TX. This event is billed as the industry’s first-ever and only summit focused totally on the unique challenges of first party collections, outsourcing, and customer care. 

 
·         On Tuesday, all day, the CATO Institute hosts a half-day summit event titled, “Banking Unbound: The CATO Summit on Financial Regulation,” in Charlotte, NC. Participants include: Thaya Brook Knight, Associate Director, Financial Regulation Studies, Center for Monetary and Financial Alternatives, CATO Institute; Mark Calabria, Assistant to the Vice President and Chief Economist, CATO Institute; George Selgin, Director, Center for Monetary and Financial Alternatives, CATO Institute; Brian Knight, Senior Research Fellow, Mercatus Center at George Mason University; Emily Ekins, Research Fellow and Director of Polling, CATO Institute; and Kelly King, Chairman and Chief Executive Officer, BB&T Corporation.
·         On Tuesday at 9:30 a.m., the Brookings Institution’s Center on Regulation and Markets and Hutchins Center on Fiscal and Monetary Policy brings together four experts with differing views on preserving or modifying Orderly Liquidation Authority in a discussion titled, “Is Dodd-Frank’s Failure Resolution Regime Failing?” Participants include: Ben Bernanke, Distinguished Fellow in Residence, Brookings Institution; David Skeel, S. Samuel Arsht Professor Corporate Law, University of Pennsylvania Law School; Hester Peirce, Director, Financial Markets Working Group and Senior Research Fellow, Mercatus Center at George Mason University; Rodgin Cohen, Senior Chairman, Sullivan & Cromwell LLP; and moderator David Wessel, Director, The Hutchins Center on Fiscal and Monetary Policy.


·         On Wednesday at 3:00 p.m., the Federal Reserve releases its “Consumer Credit – G.19” report, which includes the amount of outstanding federal and private student loans.

·         On Thursday at 10:00 a.m., the Consumer Financial Protection Bureau (CFPB) holds a summer meeting of its Consumer Advisory Board with CFPB Director Richard Cordray to discuss credit visibility, credit products, trends and themes, and small business lending.


·         On Thursday at 12:00 p.m., the Federal Reserve releases its “Financial Accounts of the United States - Z.1” report, which examines the assets, liabilities, net worth, and consumer credit (including student loans) of households, nonprofit organizations, and nonfinancial corporate businesses. The Z.1 report is released four times a year, in March, June, September, and December.

 

This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.