resources for financial aid professionals
DESCRIPTION
Resources for Financial Aid Professionals. Jenelle Handcox Abraham Baldwin Agricultural College. Accessorizing Your Financial Aid Toolbox. FA Acronyms… What do all those letters mean?!. Accessorizing Your Financial Aid Toolbox. FA Acronyms. Accessorizing Your Financial Aid Toolbox. - PowerPoint PPT PresentationTRANSCRIPT
New
Aid
Offi
cer T
rain
ing
1
Resources for Financial Aid Professionals
Jenelle HandcoxAbraham Baldwin Agricultural College
New
Aid
Offi
cer T
rain
ing
2
FA Acronyms…What do all those letters mean?!
Accessorizing Your Financial Aid Toolbox
New
Aid
Offi
cer T
rain
ing
3
FA Acronyms
Accessorizing Your Financial Aid Toolbox
AGI Adjusted Gross Income
COA Cost of Attendance
EFC Expected Family Contribution
FAA Financial Aid Administrator
IFAP Information for Financial Aid Professionals
R2T4 Return to Title IV
SAP Satisfactory Academic Progress
USCIS U.S. Citizenship and Immigration Services (previously INS)
VA Department of Veterans Affairs
New
Aid
Offi
cer T
rain
ing
4
A comprehensive list of financial aid acronyms
is available asAppendix A of your
training manual!
Accessorizing Your Financial Aid Toolbox
New
Aid
Offi
cer T
rain
ing
5
Tools Up!
Accessorizing Your Financial Aid Toolbox
• Web Sites for Students• Web Sites for Financial Aid Professionals• More Web sites• Listservs & E-mail• Federal Student Aid Handbook• Regulations, Statutes, Codes, Laws, Federal
Registers, etc.
New
Aid
Offi
cer T
rain
ing
6
Web Sites for Students
Accessorizing Your Financial Aid Toolbox
FAFSA on the Web: www.fafsa.ed.gov•Before Beginning A FAFSA•Filling Out a FAFSA•FAFSA Follow-Up
Federal Student Aid PIN: www.pin.ed.gov•Apply For A PIN•Check PIN Status•Request Duplicate PIN•Change My PIN•Disable My PIN
New
Aid
Offi
cer T
rain
ing
7
Web Sites for Students
Accessorizing Your Financial Aid Toolbox
Student Aid on the Web: www.studentaid.ed.gov•Applying for College•My FSA•Applying for Financial Aid•Federal Student Aid Programs
National Student Loan Data System (NSLDS): www.nslds.ed.gov• The site displays information on Title IV loan and/or grant amounts, outstanding balances, loan statuses, and disbursements.
New
Aid
Offi
cer T
rain
ing
8
Web Sites for Students
Accessorizing Your Financial Aid Toolbox
FAFSA4caster: www.fafsa4caster.ed.gov/
•With the FAFSA4caster, the student and his/her family receive an early estimate of eligibility for federal student aid.
•Much of the information entered in the FAFSA4caster later populates the FAFSA on the Web application, making the experience of applying for federal student aid a lot easier.
New
Aid
Offi
cer T
rain
ing
9
Web Sites for Students
Accessorizing Your Financial Aid Toolbox
Information for Georgia students: www.gacollege411.org
•College Planning
•Financial Aid Planning
•HOPE
•Application for Georgia Scholarships and Grants
New
Aid
Offi
cer T
rain
ing
10
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
FSA for Schools: www.fsa4schools.ed.gov•Portal for Financial Aid Professionals
•Customize to add your favorite sites
•Calendar
•Hot Topics
•Contact List
New
Aid
Offi
cer T
rain
ing
11
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
NSLDS for Financial Aid Professionals: www.nslds.ed.gov/nslds_FAP/secure/logon.jsp
NSLDS provides a centralized,integrated view of Title IV loans and grants during theircomplete life cycle, from aidapproval through disbursement,repayment, delinquency,and closure.
New
Aid
Offi
cer T
rain
ing
12
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
Information for Financial Aid Professionals (IFAP): www.ifap.ed.gov
•Downloadable Software and Manuals
•Training, Workshops and Videoconferences
•Links to EApp, SAIG, COD, GAPS, etc.
•Handbooks (past and present)
•Verification Guides and Worksheets
New
Aid
Offi
cer T
rain
ing
13
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
FSA Coach: http://www.ifap.ed.gov/fsacoach/fsacoachsub.html
FSA COACH is a FREE trainingprogram from the U.S. Departmentof Education (ED). It is a comprehensive introductory course on school requirements for administering postsecondary federal student aid (FSA) programs authorized under Title IVof the Higher Education Act of 1965, as amended.
New
Aid
Offi
cer T
rain
ing
14
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
FAA Access to CPS Online: www.fafsa.ed.gov/FOTWWebApp/faa/faa.jsp
•View students' SAR information
•Compare two ISIR transactions forthe same student
•Enter a FAFSA and/or Correct a processed FAFSA,submit a signatureflag for an application in a signaturehold status •Review verification data with the Verification Tool •Calculate/manage the return of Title IV funds
New
Aid
Offi
cer T
rain
ing
15
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
Common Origination & Disbursement (COD): www.cod.ed.gov
•Financial Aid Administrators,Servicers, or other officials can use this site to perform a variety of functions related to student/award/disbursementdata for Pell, Direct Loan,and Campus-Based programs.
New
Aid
Offi
cer T
rain
ing
16
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
GAPS (G5): e-grants.ed.gov
•This is the site for requesting
Title IV funds, returning
excess cash and ultimately
reconciling your financial
data.
•It is used primarily by
your Business Office.
New
Aid
Offi
cer T
rain
ing
17
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
Direct Loans: www.studentloans.govFederal Government’s portal on the Direct Loan program
New
Aid
Offi
cer T
rain
ing
18
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
FSA Assessments: www.ifap.ed.gov/qahome/fsaassessment.html
In collaboration with financial aid professionals, Federal Student Aid hasdesigned management assessment modules to help schools enhance their services. The modules contain links to applicable laws and regulations.
New
Aid
Offi
cer T
rain
ing
19
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
Student Aid Internet Gateway: www.fsawebenroll.ed.gov
This site permits your
school to enroll or update
enrollment for any of the
Department’s electronic
processing such as Direct Loans, CPS, RFMS, Campus-Based, or NSLDS
activities.
New
Aid
Offi
cer T
rain
ing
20
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
eCampus-Based System: www.cbfisap.ed.gov
•This site contains the "Fiscal Operations Report and Application to Participate (FISAP)" for The three Campus-Based programs: Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (FSEOG), and Federal Work-Study (FWS). In addition, this site allowsusers to access Campus-Based account data and view reports.
New
Aid
Offi
cer T
rain
ing
21
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
Application to Participate in the Federal Student Aid Programs www.eligcert.ed.gov•Postsecondary institutions use the E-App to apply for designation as an eligible institution, initial participation, recertification, reinstatement, change in ownership, or to update a current approval. Updates include changes such as, but not limited to, name or address change, new location or program, increased level of offering, change of officials, or mailing address for publications.
New
Aid
Offi
cer T
rain
ing
22
Web Sites for Financial Aid Professionals
Accessorizing Your Financial Aid Toolbox
FSA Publications: www.fsapubs.orgThis site gives you access to a wealth of free publications and application tools that explain the federal aid programs, including:•FAFSA Worksheet•Do You Need Money for College?• Funding Education Beyond High School•FAFSA4caster Hall Pass•Save Your Money, Save Your Identity
New
Aid
Offi
cer T
rain
ing
23
www.gacollege411.org > College AdministratorsThis site provides a wealth of information for financial aid administrators from the state of Georgia.
• State Scholarship and GrantProgram Regulations
• Compliance Documents
•SURFER access
•FFELP Common Manual
Accessorizing Your Financial Aid Toolbox
Web Sites for Financial Aid Professionals
New
Aid
Offi
cer T
rain
ing
24
More Websites
Accessorizing Your Financial Aid Toolbox
•FinAid-The SmartStudent Guide to Financial Aid www.finaid.org•National College Access Network www.collegeaccess.org•NASFAA www.nasfaa.org•NASFAA Encyclopedia www.nasfaa.org/Apps/Eplus/•SASFAA www.sasfaa.org•GASFAAwww.gasfaa.org•U.S. Department of Education www.ed.gov•Selective Service: www.sss.gov•KnowHow2Go www.knowhow2go.org•Free Scholarship Searches
•www.fastweb.com•www.collegeboard.com•www.srnexpress.com•www.petersons.com
New
Aid
Offi
cer T
rain
ing
25
List Servs & E-Mail
Accessorizing Your Financial Aid Toolbox
SASFAA: sasfaal- www.sasfaa.org/ListLock/
GASFAA: gasfaal- www.gasfaa.org/ListLock/index.html
IFAP: www.fsa4schools.ed.gov/help/lm_list.htm (IFAP, FSATECH, DIRECT LOAN)
NASFAA Today’s News : http://www.nasfaa.org/Apps/Forms/WebIDRequest/WebIDRequest.asp
NASFAA AskRegs (Membership required)www.nasfaa.org/apps/forms/askregs/askregs.asp
FINAID-L Discussion List: www.nasfaa.org/publications/2001/finaid.html
Other List Servs: Software used by Financial Aid Office
New
Aid
Offi
cer T
rain
ing
26
Federal Student Aid Handbook
Accessorizing Your Financial Aid Toolbox
Published each year and available on www.ifap.ed.gov > Publications
Application and Verification Guide Volume 1 - Student Eligibility Volume 2 - School Eligibility and Operations Volume 3 - Calculating Awards and Packaging Volume 4 - Processing Aid and Managing Federal Student Aid Funds Volume 5 - Overawards, Overpayments, & Withdrawal Calculations Volume 6 - Campus-Based Programs What's New in the 2010-2011 Federal Student Aid Handbook
New
Aid
Offi
cer T
rain
ing
27
Regulations, Statutes, Codes, Laws, Federal Registers, etc.
Accessorizing Your Financial Aid Toolbox
www.ifap.ed.gov > Laws & Regulations
www.nasfaa.org > Regulatory
www.nasfaa.org > Legislative
www.gacollege411.org > Georgia Regulations
New
Aid
Offi
cer T
rain
ing
28
Questions?
Accessorizing Your Financial Aid Toolbox