National Association of Student Financial Aid Administrators © NASFAA 2012 The following is a presentation prepared for:

Slide 2 © NASFAA 2012 David Tolman Training Specialist Division of Training & Regulatory Assistance, NASFAA Laura Hughes Director of Financial Aid, Lewis Clark State College

Slide 3 © NASFAA 2012 NASFAA Tools Tools to help you improve administration and compliance include: Analysis of new laws, regulations and guidance Text of laws, regulations and ED guidance NASFAA-developed tools and resources Online live and on-demand training and analysis Centers with resources to help you comply with new regulations

Slide 4 © NASFAA 2012 Overview of NASFAA Tools

Slide 5 © NASFAA 2012 Overview of NASFAA Tools

Slide 6 © NASFAA 2012 Training and Professional Development

Slide 7 © NASFAA 2012 Online: NASFAA University

Slide 8 © NASFAA 2012 Paths to Credential: Demonstrated Experience Minimum experience Evaluation process Cost

Slide 9 © NASFAA 2012 Paths to Credential: Self-Study Guides Format Structure Topics

Slide 10 © NASFAA 2012 Paths to Credential: Facilitated Online Course Designed to bring minds and ideas together despite distances Program objectives: –Proficiency –Knowledge –Value

Slide 11 © NASFAA 2012 Paths to Credential: Facilitated Online Course 3 to 6 week length courses Offers video-enhanced lectures Includes quizzes and homework assignments Live facilitator Online discussions Resource library Qualifies for credential testing

Slide 12 © NASFAA 2012 Paths to Credential: On-site Training Format Structure Topics Pros and cons

Slide 13 © NASFAA 2012 Paths to Credential: Boot Camps In-person workshops offered by state and regional financial aid associations Immersive in nature and usually span multiple days Must be using NASFAA CORE curriculum Successfully completing specific topic areas through a boot camp qualifies an individual for the credentialed test

Slide 14 © NASFAA 2012 Online: Webinars

Slide 15 © NASFAA 2012 October 27, 2012 – Award Letters and Related Consumer Information November 19, 2012 – Working with Students Without a High School Diplomas December 19, 2012 – Moving Toward Customization: Verification for February 27, 2013 – Strategic Packaging: Who Gets What May 15, 2013 – Did You Notice Anything Unusual? Exercising Professional Judgment June 26, 2013 – Hot Topics! Online: Webinars

Slide 16 © NASFAA 2012 On My Campus: CORE

Slide 17 © NASFAA 2012 Comprehensive instructional materials for teaching financial aid fundamentals 13 modules cover almost all topics relevant to financial aid administration Contains an instructor’s guide, PowerPoint presentation and trainee handouts On My Campus: CORE

Slide 18 © NASFAA Example - CORE

Slide 19 © NASFAA Example - - Example - - Example - CORE

Slide 20 © NASFAA 2012 In My Area: State & Regional Workshops Direct Loans: The Rest of the Story Features real-life situations Provides guidance on common issues Contains an instructor’s guide, PowerPoint presentation and trainee handouts

Slide 21 © NASFAA 2012 Professional Practice Tools

Slide 22 © NASFAA 2012 Self-Evaluation Guide The Guide is divided into four major parts: I. Institutional Responsibilities II. Administration of Title IV Federal Aid Programs III. Administration of Title VII and Title VIII Health Professions Programs IV. Appendices

Slide 23 © NASFAA Example - - Example - - Example - Self-Evaluation Guide

Slide 24 © NASFAA Example - - Example - Self-Evaluation Guide

Slide 25 © NASFAA 2012 Compiled Title IV Regulations Searchable PDF document Linked table of contents in each document New regulations incorporated each award year Current edition is as of July 1, 2012, effective award year

Slide 26 © NASFAA 2012 Revisions that became effective July 1, 2012, are shown in: red (added text) or strikeout (like this) for deleted text Keys applicable to individual sections of regulation are noted in the footer Gray shading used to denote early implementation at institution’s option Bookmarks added to permit navigation in document Compiled Title IV Regulations

Slide 27 © NASFAA Example - - Example - Compiled Title IV Regulations

Slide 28 © NASFAA 2012 Compiled Title IV Legislation Searchable PDF for each major subchapter of U.S. Code Files constructed by incorporating amendments to the law Each document contains bookmarks for easier navigation

Slide 29 © NASFAA 2012 For official version of the law, visit Thomas at Compiled Title IV Legislation

Slide 30 © NASFAA Example - Compiled Title IV Legislation

Slide 31 © NASFAA 2012 Policies and Procedures Tools Tools for formatting, implementing, and evaluating policies and procedures Regulatory Resources Guide containing:  Explicit and implied regulatory requirements  Areas where schools have implementation options

Slide 32 © NASFAA 2012 Customizable P&P manual Page format samples, style decisions, and master template document Guidance for reading and interpreting statutes and regulations Policies and Procedures Tools

Slide 33 © NASFAA Example - Policies and Procedures Tools

Slide 34 © NASFAA Example - Policies and Procedures Tools

Slide 35 © NASFAA Example - Policies and Procedures Tools

Slide 36 © NASFAA 2012 How-to Guides Guides for: Award Letter Self-Assessment and Net Price Calculator Selection Reference tool on how to use federal income tax returns, forms and schedules for verification and need analysis

Slide 37 © NASFAA 2012 Using Tax Returns in Need Analysis Updated annually by NASFAA

Slide 38 © NASFAA 2012 How-to Guides: Using Tax Returns in Need Analysis - Example -

Slide 39 © NASFAA Example - How-to Guides: Using Tax Returns in Need Analysis

Slide 40 © NASFAA 2012 Standards of Excellence Through review of school’s financial aid operations, administration of Title IV programs, and compliance with Title IV requirements by team of practicing financial aid administrators

Slide 41 © NASFAA 2012 Quick Reference Guides Deadlines: Direct Loan Program Year Closeout vs. Reconciliation Q & A Student Aid Reference Sheet Graduate & Professional Reference Sheet Health Professions Loans & Scholarships Reference Sheet Cash For College And more…

Slide 42 © NASFAA 2012 Monographs Competent review of literature on financial aid related topics Publications offering historical, research driven information that summarizes statistics

Slide 43 © NASFAA 2012 Student Aid Transcript The Student Aid Transcript is the magazine of NASFAA, featuring in-depth articles by NASFAA members, policy experts, and colleagues in related industries.

Slide 44 © NASFAA 2012 The Journal of Student Financial Aid is the official journal of NASFAA, featuring in-depth articles by NASFAA members, policy experts, and colleagues in related industries. Journal of Student Financial Aid

Slide 45 © NASFAA 2012 AskRegs Knowledgebase AskRegs Knowledgebase allows member to search for information to assist with regulatory or compliance issues

Slide 46 © NASFAA 2012 Graduate & Professional Listserv Free service for student aid professionals at graduate and professional institutions Serves as a communications forum for issues specifically related to the administration of financial aid at Grad/Prof schools

Slide 47 © NASFAA 2012 Resource Listserv Free service for institutions that have limited resources to administer student aid Serves as communications forum for issues specifically related to the administration of financial aid and maintaining compliance on a tight budget

Slide 48 © NASFAA 2012 Please send your questions to:

Slide 49 © NASFAA 2012