VASFAA
BOARD - COMMISSIONER - COMMITTEE PLANS & REPORT FORM
(Add
additional objectives and status reports as needed)
Standard
Goal 1:
Work
with all existing and potential Association sponsors to achieve a clear
understanding of our sponsorship policies, procedures, and benefits. [Strategic
Plan 4.6 A (1)]
Objective 1 (HOW the committee plans to achieve the
stated goal): This committee will contact all past
contributors and sponsors of the VASFAA organization and invite each to support
VASFAA once again this year. Each
organization contacted will be able to choose from three levels of sponsorship. Each level has special standards and
privileges that are associated with that level of sponsorship. Along with the standard items associated with
the level of sponsorship there will be a listing of additional sponsorable
items that each may choose from in a lottery process to support VASFAA and in
return receive advertisement for sponsoring that particular event.
Status Reports
of Objective 1 (Please report your progress toward achieving the stated
goals – this is where the committee provides updates to the Board, including any suggestions
or modifications to the goal and/or the Strategic Plan):
Date: 8/15/2005
Report: This
committee, with the assistance of the conference and membership committee
chairs, has developed this year’s Sponsorable Item List for the Vendors and
Sponsors.(See Attachment A) This listing, once approved by the Board,
will be sent out with a letter of solicitation (See Attachment B) to all past
and any new prospective organizations who may wish to offer their support for
VASFAA and it’s educational functions and projects. Once all responses have been received, the Vendor/Sponsor
committee chair, President – Elect, and the SCHEV Liaison will meet to conduct
the lottery by which the vendor/sponsors participate in for sponsorship of
VASFAA functions and projects.
These are the items this committee
has completed to date. As responses are
received from Vendors and Sponsors the levels of commitment will be noted and
sent to the President, President-Elect, the Budget & Finance Chair, and the
SCHEV Liaison.
Date: 11/14/2006
Report:
September 19, 2005: The Vendor
Sponsor received all sponsorship notifications and financial commitments from
participating lenders for the 2005-06 year.
The total sponsorship commitment totaled $89,750. The levels of sponsorship and participants
are as follows:
Platinum Level: Ed America, College Loan
Corporation, ECMC, Suntrust
Gold Level: Bank of
Silver Level: AMS, Wells Fargo, SallieMae,National Education,TG, NSLP, American Student Assistance, Wachovia,
Citizens Bank, Chase Education Finance, CFS
Bronze Level: Ed Fund, Key Bank, TERI, PNC, Nelnet, SallieMae Education
Trust, Citibank, Student Loan Express, Campus Door, AES
Sponsor Level: Next Student, College Board, EdFinancial, ELM, Great Lakes, Access Group,
October 5, 2005: The Vendor Sponsor Chair, President Elect
and Commissioner met at GMU to conduct the annual lottery process. The process went fairly smoothly with the
exception of an issue of unused points arising with one vendor/sponsor. The President Elect has since made suggestion
to change the verbiage in the P&P to enable all points to be used in the
lottery process.
October 7, 2005: A request was made to all vendors and
sponsors to provide an updated version of their logo to be used for this year’s
webpage. If the current logo was to be
used I asked for written verification to use that logo. This request was finally fulfilled by all lenders
on
October 31, 2005: I contacted Daniel Hewitt with all of the
vendor sponsor logo information that I had requesting he contact ATAC with the
new information to develop the updated webpage for the Vendor Sponsors.
November 10, 2005: I followed up with Daniel to see where we
were on the webpage and was informed that Daniel had spoken with ATAC and they
were working to get it completed. Daniel
is also working with ATAC to get the banner section of the webpage correct.
Date:
Report:
BUDGET
Item (Broad
general categories) Cost
Board
Approved Amount: $ 150.00
Date: 06/08/2005
(Use
separate sheet if necessary.)