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Midwest Association of Student Financial Aid Administrators TUESDAY OCTOBER 19, 2010 CHUCK CAROTHERS – ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE.

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Presentation on theme: "Midwest Association of Student Financial Aid Administrators TUESDAY OCTOBER 19, 2010 CHUCK CAROTHERS – ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE."— Presentation transcript:

1 Midwest Association of Student Financial Aid Administrators TUESDAY OCTOBER 19, 2010 CHUCK CAROTHERS – ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE AL HERMSEN – WAYNE STATE UNIVERSITY

2  DISCUSS IDEAS ABOUT WAYS TO IMPROVE THE OVERALL FINANCIAL AID PROCESS  WHAT ARE THE PROS AND CONS  DUPLICATIVE, NO LONGER NECESSARY, INCONSISTENT, OVERLY BURDENSOME  ARE THERE ALTERNATIVES  REPORT OUR DISCUSSION TO NASFAA, THE DEPT. OF EDUCATION, THE ADVISORY COMMITTEE AND OTHERS

3  Home values  Divorced parents  Use IRS data only

4  Prior-Prior year  Year round Pell could be easier  Ten days before class disbursement issue  All verification done using IRS match

5  No freshmen level loans – replace with larger Pell awards  Undocumented students

6  Register of Draft  Crime Statistics  Drug Convictions  Communcation requirements of HEOA

7  FISAP  NET COST CALCULATOR

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