CHANGE AGENT #7 -- NASFAA NEWS   

The NASFAA Reauthorization Task Force has presented the bulk of its preliminary recommendations for changes in the Higher Education Act, and they can be found at: http://www.NASFAA.org/publications/2002/rtfprelimrecc101102.htm 

 NASFAA’S FALL TRAINING SERIES IS UNDERWAY FOR 2002

To find a workshop in your state or region, visit www.NASFAA.org  

Washington, D.C. (October 11, 2002) – NASFAA’s 2002 Fall Training Series, which focuses on Treatment of Resources and Packaging Considerations, began the first week of October and continues through the end of the year in many states and regions throughout the country.

Treatment of Resources and Packaging Considerations examines the challenges institutions face when awarding and disbursing non-Title IV and Title IV resources. The training materials are designed to help financial aid administrators answer many of the questions surrounding the administration of student financial aid funds. The workshop is structured to:
    >    Clarify the usage of statutory, regulatory, and IRS terminology when
          identifying different resources;
    >    Examine operational strategies when packaging non-Title IV resources;
    >    Identify compliance issues when packaging non-Title IV and Title IV
          resources;
    >    Discuss strategies for resolving potential overawards; and
    >    Discuss communication between the financial aid office and academic
          departments and the business office.

Most state and regional associations sponsor a NASFAA workshop, which means that the states and regions select the workshop locations, dates, and instructors, and coordinate the registration activities. To find out if your state or region is sponsoring a NASFAA workshop, contact your association directly or visit the NASFAA web site at www.NASFAA.org.

The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents more than 10,000 financial aid professionals at nearly 3,000 colleges, universities and career schools across the country. Based in Washington, D.C., NASFAA is the only national association with a primary focus on student aid legislation, regulatory analysis, and training for financial aid administrators. Each year, members help more than 8 million students receive funding for postsecondary education.