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Friday, November 11, 2011

SASFAA President-elect Reports on NASFAA Board Meeting

Part of my responsibility as SASFAA President-elect is to submit a report to the SASFAA Board providing an update on NASFAA activities.  While this report does not encompass everything that is going on in NASFAA right now, it provides a brief overview of some of the things that have taken place. 

NASFAA Fall Report to SASFAA    
ü  NASFAA conducts Standards of Excellence Reviews (SOE) for schools who would like to have their Financial Aid Office reviewed as a result of an anticipated program review or a change of leadership at the school or other reasons.  NASFAA has seen an increase in the number of reviews provided to schools.  During the 2009-2010 year NASFAA had 43 schools requesting a cost estimate for a review.  The 2010-2011 year saw 101 cost estimates.  The first quarter of 2011-2012 has seen 47 cost estimates.  NASFAA does charge a fee for this service, but it is worthwhile.
  
ü  NASFAA saw an increase of conference attendees in Boston this summer compared to prior years.  Boston had 2,374 attendees where Denver 2010 had 1,788 and San Antonio 2009 had 1,845.  It is good to see things picking up.

ü  NASFAA training has several methods to provide training to the Financial Aid Profession.  This fall NASFAA made available to the states and regions a training module on Satisfactory Academic Progress.  NASFAA also has a webinar series.  On December 16th Cash Management, February 2012 Summer Issues, March 2012 Default Prevention Strategies, May 2012 Reviewing Education Programs for Title IV Eligibility, and June 2012 Hot Issues.  A NASFAA member could have purchased the package when they renewed their membership or they can make a single purchase.  Single purchase is $105 per webinar for members and $210 for nonmembers.  NASFAA is offering for 2011-2012 a training track for states and regions at their conferences.  SASFAA, of course, is participating.  Also we have five of our nine states participating this year (AL, FL, GA, SC, and VA).  NASFAA is also developing a credentialed training program.  Options for credentialed training will include online courses, self-study guides or even an on-site service. 

ü  NASFAA’s membership is up 140 institutions year to date at the end of October.  This is great news.

ü  NASFAA is seeing an increase to their social media.  Facebook has 34 new followers and Twitter has 96 new followers.

Jeff Dennis
SASFAA President-elect

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