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EFC PJ: Deal or No Deal Dealing with the EFC PJ in our current economy… Host: Brett Barefoot.

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Presentation on theme: "EFC PJ: Deal or No Deal Dealing with the EFC PJ in our current economy… Host: Brett Barefoot."— Presentation transcript:

1 EFC PJ: Deal or No Deal Dealing with the EFC PJ in our current economy… Host: Brett Barefoot

2 “Show Me the Money!” Suitcase 1: Nonresident Tuition Waiver Suitcase 2: $10,000 Scholarship Suitcase 3: All Inclusive Scholarship

3 Reality Television is not Reality I don’t want no stinking loan… I don’t want no stinking loan…

4 Who’s the Boss Department of Education Department of Education Performed on a case-by-case basis only Performed on a case-by-case basis only Data adjusted must relate to student’s special circumstances Data adjusted must relate to student’s special circumstances Your school is held accountable for PJ decisions Your school is held accountable for PJ decisions Make sure you can back your decisions and actions with documentation Make sure you can back your decisions and actions with documentation

5 And Herrrrrrre’s the Economy! Rising number of EFC PJ requests Rising number of EFC PJ requests What are the main issues? What are the main issues? Loss of Income Loss of Income Unemployment Benefits Unemployment Benefits One-time income One-time income Bankruptcy Bankruptcy

6 Biggest Loser (of income) Case Study One Case Study One Case Study Two Case Study Two Related Topics Related Topics What snapshot do you take? What snapshot do you take? Time Frame Time Frame

7 Unemployment Benefits Don’t Bring Home the (Kevin) Bacon Case Study One Case Study One Case Study Two Case Study Two

8 The Ugly Truth about One Time Income Case Study One Case Study One Case Study Two Case Study Two Related Topics Related Topics Is it really ONE TIME? Is it really ONE TIME? Does severance count? Does severance count?

9 The X Filing of Bankruptcy Case Study Case Study Related Topics Related Topics How we can help? How we can help?OR Is this a Mission Impossible? Is this a Mission Impossible?

10 I Think I’ll Ask the Audience… Is that your final answer?


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