Friday, October 9, 2015

SASFAA Conference 2016 - Registration Open

Find important information at http://www.sasfaa.org/annualconference.

Monday, October 5, 2015

Legislative Update - Week of October 5

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

·       Today beginning at 8:30 a.m., the Lumina Foundation holds an opening session of its National Credentialing Summit titled, “Setting the Stage: Transforming Our Fragmented Credentialing System Into One That Works Better for Students, Employers and the Nation.” The session will examine dilemmas posed by our nation’s lack of a transparent, connected credentialing system by clarifying issues, focusing on key questions, and encouraging constructive dialogue on problems that have an important place on the public agenda. Panelists include: Byron Auguste, Managing Director of Opportunity@Work, New America; Molly Corbett Broad, President, American Council on Education; Chris Bustamante, President, Rio Salado College; Anthony Carnevale, Director and Research Professor, Georgetown University Center on Education and the Workforce; Governor John Engler, President, Business Roundtable; Jamie Merisotis, President and Chief Executive Officer, Lumina Foundation; and Eric Seleznow, Deputy Assistant Secretary of Employment and Training Administration, U.S. Department of Labor; and Elizabeth Shuler, Secretary-Treasurer, AFL-CIO. 

·       On Tuesday at 9:20 a.m., Education Secretary Arne Duncan participates in a panel discussion with students, teachers, and administrators at the University of Texas-Rio Grande Valley, to stress the importance of educating all young people, including Hispanics. The Secretary will highlight the need to fill urgent gaps in the fields of science, technology, engineering, and mathematics. 

·       On Tuesday and Wednesday, all-day, the Congressional Hispanic Caucus holds its annual Public Policy Conference that brings Latino leaders, federal, state, and local officials, and corporate and nonprofit leaders to participate in major policy issues affecting the Latino community. Key session topics include: “Education: Access to Opportunity,” with Deputy Secretary of Education John King, who has been nominated to replace Education Secretary Arne Duncan; “Financial Aid for Postsecondary Education Latino Students”; “Dreamers: What the Future Holds”; and an Education Luncheon with Education Secretary Arne Duncan 

·       On Wednesday at 10:00 a.m., the House Ways and Means Subcommittee on Oversight holds a hearing titled, “The Rising Costs of Higher Education and Tax Policy,” which will examine universities’ and colleges’ tax-exempt status, endowment practices, and executive compensation, and whether they have any connection to soaring tuition costs. Witnesses will be announced at a later date.  

·       On Wednesday at 10:00 a.m., the Senate Homeland Security and Governmental Affairs Committee considers S. 1607, the Independent Agency Regulatory Analysis Act, which requires independent regulatory agencies such as the Federal Communications Commission and the Securities and Exchange Commission to: 1) comply with regulatory analysis requirements applicable to other federal agencies; 2) publish and provide the Office of Information and Regulatory Affairs with an assessment of the costs and benefits of a proposed or final economically significant rule (i.e., a rule that is likely to have an annual effect on the economy of $100 million or more and is likely to adversely affect sectors of the economy in a material way) and an assessment of costs and benefits of alternatives to the rule; and 3) submit to the Office for review any proposed or final economically significant rule. The Committee will also consider S. 1817, the Smarter Regulations Through Advance Planning and Review Act, to improve the effectiveness of major rules in accomplishing their regulatory objectives by promoting retrospective review and S. 1820, the Early Participation in Regulations Act, to require federal agencies to publish an advance notice of proposed rulemaking for major rules. 

·       On Wednesday at 1:00 p.m., Consumer Financial Protection Bureau (CFPB) holds a field hearing on arbitration in Denver, CO. Many observers expect the CFPB, in conjunction with the field hearing, to take the next steps towards issuing a proposed arbitration rule, including announcing the convening of a Small Business Review Panel required by the Small Business Regulatory Enforcement Fairness Act and the Dodd-Frank Act to provide input on the proposal. The hearing will include comments from CFPB Director Richard Cordray as well as from consumer groups, industry representatives, and the public. To attend this open event, send an email with your name and organization affiliation to cfpb.events@cfpb.gov 

·       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, House Republicans hold a secret-ballot election to select a new Speaker of the U.S. House of Representatives to replace Rep. John Boehner (R-OH). Rep. Kevin McCarthy (R-CA), who is the frontrunner, Rep. Jason Chaffetz (R-UT), and Rep. Daniel Webster (R-FL) are vying for the post that will be officially filled on November 2, 2015. 

·       On Thursday at 2:00 p.m., the Federal Reserve’s Federal Open Markets Committee (FOMC) releases the minutes of its two-day meeting held on September 16-17, 2015. 

·       Saturday through Monday, all-day, the Hispanic Association of Colleges and Universities (HACU) holds its 29th Annual Conference titled, “Championing Hispanic Higher Education Success: Empowering Students, Enhancing Collaboration,” in Miami Beach, Florida. This is HACU’s premier conference on Hispanic higher education that showcases exemplary programs and initiatives of the best and most promising practices in the education of Hispanics at Hispanic-Serving Institutions.

NASFAA and You

Dear Members & Friends:

I hope this finds all of you doing well, and off to a great Semester.  I know that this is a very busy time for all of us, and, as financial aid professionals, we have worked very diligently to ensure that financial aid funds have been disbursed in a timely manner.
As the immediate past-president of SASFAA I have the opportunity to serve as a voting member of the NASFAA board.  This year I want to reach to you and ask the following about how NASFAA may better serve you, your institution, and region:

1.      What does NASFAA provide to you?

2.      What do you feel NASFAA is missing that could better serve you, your institution, and region?

As stated earlier, I am very excited to be the voice for SASFAA at the NASFAA table this year.  NASFAA is committed to advocacy and training, and it has valuable resources available to all members. 

As a financial aid administrator and a member of NASFAA, I appreciate all the opportunities that NASFAA offers to me professionally. 
Our first on-site NASFAA board meeting will be held November 9-10th in Scottsdale, Arizona.  Please send me your comments so that I may share your concerns.   My e-mail is nbasford@admin.fsu.edu.

NASFAA’s Mission Statement:

The National Association of Student Financial Aid Administrators (NASFAA) provides professional development for financial aid administrators; advocates for public policies that increase student access and success; serves as a forum on student financial aid issues, and is committed to diversity throughout all activities.


Thursday, October 1, 2015

SASFAA Legislative Update - 10/01/2015

SASFAA Legislative Update

Government Shut Down Avoided

The Senate passed a short-term Continuing Resolution Wednesday that allows the federal government to remain open through December 11, 2015.  During the interim, budget talks will continue regarding a two-year budget deal that is desired.  Due to the current differences between the two parties and the Presidential election in 2016, it would not be surprising to end up with another short-term continuing resolution that goes through the November elections.

Federal Perkins Loan Program in Wind-Down

The Senate did not extend the Federal Perkins Loan Program yesterday, which ended the federal fiscal year.  Although the House of Representatives passed a one-year extension on a voice, consent vote last week, the unanimous consent vote was blocked by Senator Alexander, who chairs the Senate HELP Committee.  The USDE provided the guidelines for the wind-down of the Federal Perkins Loan Program in a Dear Colleague Letter (GEN-15-03) published January 30, 2015.  Additionally, the Department of Education provided wind-down Questions and Answers regarding the Perkins Program on the Campus-Based Processing Information page on the IFAP website. 

Nominations & Elections 2016-2017 - Help Make an Impact

Dear SASFAA Members & Friends:

By now, many of you have seen the announcements that have been sent out by me last week and again this week.  They are announcements seeking nominations for our SASFAA awards as well as seeking nominations for our up-coming election in February.

This year, President Amy Berrier has chosen “Make an Impact” as SASFAA’s theme.    We all have that opportunity each day as we serve each of our students attending at our individual institutions.  We make an impact by ensuring that funds are awarded to students in a timely manner and that we continue to advocate for students to ensure financial remains available to all who apply.  As financial aid professionals, we do great jobs doing this!

Now it is time to “Make an Impact” within the Southern Association of Student Financial Aid Administrators (SASFAA), our association.  We need to begin speaking with those individuals within our state and region and encourage them step up and serve.  Begin looking at those individuals who exhibit strengths of leadership, who are concerned about making a difference, and those who may think out-side-the-box. 

As Chair of the Awards and Nominations and Elections Committee, I am seeking your help to ensure that we reach out to those we see as leaders—those who stand out, those willing to generate ideas, and those you have heard say, “I want to make a difference”.  Talk to them. Encourage them to run for offices within SASFAA. We were all new at one time, so, to me, that newness alone is longer an excuse. 

Below is the link to review the positions for the up-coming election.  Please review and nominate an individual who you know will make an impact.  As you begin seeking nominations for the positions, please be sure that you have their permission and that they will have full support within the institution and, most important, their family.

Nominations and Elections 2016-2017 - Deadline October 30th

It is time to nominate them for our SASFAA awards.  Please see the following awards offered by SASFAA.  Deadline October 23rd!

Distinguished Service Award

This is the highest honor bestowed by SASFAA.  Individuals honored with a SASFAA Distinguished Service Award shall have made outstanding, significant, and meritorious contributions to the advancement of student financial aid or the profession.  The awards committee, comprised of the elected officers of the Association, shall be charged to consider nominees and recommend them for consideration to the Board.  Nominees must be approved by a two-thirds vote of Board members present and voting.

Each recipient shall be presented an appropriate plaque at the annual conference of the Association and shall be entitled to honorary membership in the Association when the recipient ceases to meet active membership eligibility requirements.

Honorary Membership

Honorary membership shall be awarded to persons who have demonstrated outstanding service to SASFAA and to the student aid profession.  Practicing financial aid administrators are not eligible to receive this award. 

I look forward to receiving your nominations, and in receiving your nominations, we all will Make an Impact in our SASFAA’s future.

Nathan Basford
Your Immediate Past-President

Wednesday, September 16, 2015

Are you connected?

Are you connected?
Be sure and 'like' our SASFAA Facebook page, and subscribe to NineNews, SASFAA's electronic newsletter. 

Many of our states have social media sites as well. Check 'em out!

SASFAA:        Facebook: https://www.facebook.com/SASFAA

Alabama:             http://www.aasfaaonline.org/

Florida:                 www.facebook.com/fasfaahome

Kentucky:            https://www.facebook.com/KASFAA

South Carolina:  https://www.facebook.com

Tennessee:        http://tasfaatn.com/

Virginia:               www.facebook.com/VASFAA

Constitution Day 2015

"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

September 17 is Constitution Day. As your college observes this day, please share your photos with us via e-mail.

Jody Darby, Chair
SASFAA Communications and Outreach