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: 2/2/2006
Report: Daniel Hewitt successfully updated
and completed the Vendor/Sponsor Webpage.
The two vendors who did not have
proper signage at the Support Staff Workshops were Citigroup and Campus
Door. These two vendors will be recognized in a listserv email that will
be going out to all paid members on February 8th with a public thank you for
the sponsorship of these functions and their logo will be included. This
will also be done for all sponsored events including those at the conference in
May.
A list of all sponsors, their level
of sponsorship, and items sponsored was sent to Gary Spoales for the VASFAA
Newsletter back in mid November.
At the conference in May I will be
handing out "preliminary" sponsorship information for 2006-07 to all participating vendors/sponsors. This will be done to
correct this year's problem of getting a late start on recruiting
vendors/sponsors for the 2005-06 year. This will also promote some feed
back from participating vendors as to what items they would like to see in the
lottery choice list and hopefully get ideas on how to increase sponsorship.
Recommendations for consideration for
next year: 1) the budget for the Vendor/Sponsor chair needs to be
increased to cover the cost of printing signs and the postage to send them to
sponsored events outside of the actual Conference, and 2) we should consider a
Jr. Chair for Vendor/Sponsor for 2006-07. I would recommend that this
person be a lender or agency person due to the extra time involved outside of
the normal workday.
BUDGET
Item (Broad
general categories) Cost
Board
Approved Amount: $ 150.00
Date: 06/08/2005
(Use
separate sheet if necessary.)