1. What’s Happening in FSA – An Update Claire “Micki” Roemer General Manager, School Services and Training Channel Dallas, Texas March 6, 2005

2. 1 What’s Happening Electronic filing of the FAFSA is up 13.7%. For the period ending February 19 th, 12.9 million students have filed for 04/05 – up 3.0%. My FSA, a Student Aid on the Web feature, has recorded:  76,198 cumulative accounts.  Currently Averaging 270 new accounts per day.  Recorded 316,635 visits for the week ending February 26 th. Week ending February 26 th, Schools Portal received 13,207 visits or about 1 million hits.

3. 2 1,708,694 2004-05 FAFSAs processed as of February 22, 2004 1,690,743 2005-06 FAFSAs processed as of February 19, 2005 Application Processing Statistics: FAFSAs Processed 2004-2005 vs 2005-2006

4. 3 Electronic FAFSA’s 2001-02 – 2004-05

5. 4 Application Processing Statistics : Electronic Volume 1,364,933 2004-05 FAFSAs filed electronically as of February 22, 2004 80% of all Apps 1,551,770 2005-06 FAFSAs filed electronically as of February 19, 2005 92% of all Apps That’s a 14% increase in Electronic Apps! 2004-2005 vs 2005-2006

6. 5 The Funds Continue to Flow For the 04-05 year through mid-February: Pell and Direct Loan disbursements reached $10.5 billion and $9.9 billion respectively. FFEL disbursements reached $23.7 billion.

7. 6 Pell Volume by Academic Year $7.2 B $12.7 B 0 2 4 6 8 10 12 $ Billion 1999-002000-012001-022002-032003-04 14

8. 7 Pell Volume by School Type Academic Year 2003-04 Private $2.1 B 17% Proprietary $2.1 B 16% Public $8.5 B 67% Total = $12.7 Billion

9. 8 Number of Pell Students by School Type Academic Year 2003-04 Private 830 K 15% Proprietary 931 K 17% Public 3.6 M 68% Total = 5.4 Million

10. 9 Number of Pell Schools by School Type Academic Year 2003-2004 Private 1,529 30% Proprietary 1,844 35% Public 1,779 35% Total = 5,152 Schools

11. 10 Pell Proprietary Volume by State Academic Year 2003-04 All Other States $1.9 B 91% TX $140.5 M 7% OK $19.3 M 1% LA $25.6 M 1% AR $4.9 M 0% NM $2.4 M 0% Total = $2.1 Billion

12. 11 Number of Pell Proprietary Schools by State Academic Year 2003-04 All Other States 1,577 86% TX 140 8% OK 35 2% NM 8 0% LA 60 3% AR 24 1% Total = 1,844 Schools

13. 12 Loan Volume by Academic Year $35.9 B $55.9 B *Based on gross commitments. 0 10 20 30 40 50 $ Billion 1999-002000-012001-022002-032003-04 60

14. 13 Loan Volume by School Type Academic Year 2003-04 Private $20.4 B 36% Proprietary $9.8 B 18% Public $25.8 B 46% Total = $55.9 Billion *Based on gross commitments.

15. 14 Number of Student Borrowers by School Type Academic Year 2003-04 Total = 6.9 Million Private 2.0 M 29% Proprietary 1.4 M 20% Public 3.5 M 51% *Based on gross commitments.

16. 15 Number of DL and FFEL Schools by School Type Academic Year 2003-04 Private 1,745 33% Proprietary 1,581 30% Public 1,901 37% Total = 5,227 Schools *Based on gross commitments.

17. 16 Proprietary Loan Volume by State Academic Year 2003-04 NM $13.1 M 0% LA $45.9 M 0% TX $362.3 M 4% All Other States $9.3 B 95% Total = $9.8 Billion AR $3.5 M 0% OK $52.6 M 1% *Based on gross commitments.

18. 17 Number of DL and FFEL Proprietary Schools by State Academic Year 2003-04 All Other States 1,402 89% TX 101 6% OK 28 2% NM 7 0% LA 34 2% AR 9 1% Total = 1,581 Schools *Based on gross commitments.

19. 18 Campus-Based Volume by Academic Year $2.9 B $3.8 B 0 0.5 1 1.5 2 2.5 3 3.5 4 $ Billion 1999-002000-012001-022002-032003-04

20. 19 Campus-Based Volume by School Type Academic Year 2003-04 Total = $3.8 Billion Private $1.8 B 46% Proprietary $214 M 6% Public $1.8 B 48%

21. 20 Number of Students Receiving Campus- Based Funds by School Type Number of Students Receiving Campus- Based Funds by School Type Academic Year 2003-04 Private 1.1 M 37% Proprietary 329 K 11% Public 1.5 M 52% Total = 2.9 Million

22. 21 Number of Campus-Based Schools by School Type Academic Year 2003-04 Private 1,404 36% Proprietary 970 25% Public 1,517 39% Total = 3,891 Schools Proprietary 970 25%

23. 22 Campus-Based Proprietary Volume by State Academic Year 2003-04 All Other States $201.9 M 94% TX $9.0 M 4% OK $1.4 M 1% LA $2.1 M 1% AR $33 K 0% NM $27 K 0% Total = $214 Million

24. 23 Number of Campus-Based Proprietary Schools by State Academic Year 2003-04 All Other States 860 89% TX 67 7% OK 9 1% LA 29 3% AR 3 0% NM 2 0% Total = 970 Schools

25. 24 How to be Better at What You Do Provide Training Opportunities for Staff Keep up with Changes Subscribe to IFAP Read COD Daily update  www.cod.ed.gov Talk to Colleagues

26. 25 Online Training EDExpress Basics Web-based Training FAA Assessments  Under “Tools for Schools”  www.ifap.ed.gov/IFAPWebApp/index.jsp COD Computer Based Training  www.cod.ed.gov FSA COACH  www.ed.gov/fsacoach

27. 26 FSA Coach Under IFAP “Tools for Schools” Under TFAP side bar “Training” A free web based orientation to student financial aid concepts 40 hours of self paced instruction, 9 modules, 36 lessons www.ed.gov/fsacoach

28. 27 Training Opportunities Electronic Applications training: March-April 2005 Career College Day: March 21, 2005 Spring Conference 2005: March 22-24 Spring Conference 2006: April 5 - 7 Fundamentals of Title IV Administration To Register, Go to: http://www.ed.gov/offices/OSFAP/training/ http://www.ed.gov/offices/OSFAP/training/ newfaps.html - fundamentals

29. 28 Training Opportunities Fundamentals of Title IV Administration To register, go to: www.ed.gov/offices/OSFAP/training/newfaps.html#fundamentals www.ed.gov/offices/OSFAP/training/newfaps.html#fundamentals

30. 29 Conferences Schools Portal under “Resources and Training” No sign on necessary Preview of upcoming FSA conferences, agendas, hotel and travel information. http://edeworkshop.ncspearson.com

31. 30 Future Training Spring 2005: Getting It Right! Topics identified from audits and Program review findings Fall 2005: Fiscal Officer Training EAC Conferences:  San Diego,CA: October 30-November 2, 2005  Atlanta, GA: November 29-December 2, 2005

32. 31 COD Update – Frequent Concern

33. 32 COD Password Update Why you need a Password Reset  You received a temporary password as the system administrator and you failed to change the temporary password within 24 hours.  You did not access the COD website for 6 consecutive months after your first visit.  You did not access the COD website for over 3 consecutive months following the last visit and you have been in the website more than one other previous time.

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37. 36 Bulletin to Follow It will address:  Resetting the Password  Password Security  Deactivating/Reactivating a User

38. 37 Questions Contact Information: Claire M. Roemer Email: claire.roemer@ed.gov Phone: (202) 377-3452