TASFAA Community Blog
TASFAA FALL TRAINING 2015
Registration for the TAFAA Fall Training is ready!
Our current President Dick Smelser has chosen to focus on Legacy for Leadership for the 2015-2016 year.
For those of you in a leadership position, who is the person in your office who would step into your role when you are no longer available? What legacy will you leave behind to ensure that your office and your college are left in capable hands? Ensuring that you provide your office with a well trained staff is vital in leaving a legacy for your school.
TASFAA/TSAC Fall Training Series is coming soon to provide training to help fulfil your Legacy for Leadership. It will be a well-rounded event providing sessions to develop you and your staff’s knowledge on a multitude of subjects.
Our Federal Session will be presented by the one and only Dave Bartnicki. Any of you who have seen Dave in action know that when he is done we will be well informed and thoroughly entertained!
Robert Biggers and James Snider from TSAC will present on our state programs such as TSAA, Hope, and Tennessee Promise. Robert and James will provide you with their wealth of knowledge to assist you with the ever-changing complexity of our state programs.
training you are allowed to take the NASFAA Credential test for SAP at no cost to you! This is a savings of $99.00. If you want to know more about NASFAA Credentialing click here.
You must be a TASFAA member before registering. Please click here to visit the membership application page if you are not currently a member of TASFAA.
Select from the following locations to attend training:
Workshop West TN – Union University in Jackson on October 28th
Workshop Middle TN – TN State University in Nashville on October 29th
Workshop East TN – Johnson University Knoxville on October 30th
The cost of the training is $65.00 per person.
All regions have the following agenda:
8:15 - 9:00
9:00 - 10:00
Top Ten Compliance Issues
10:00 - 10:15
10:15 - 11:45
Federal Update, Verification,
and Enrollment Reporting
11:45 - 12:30
12:30 - 2:00
Robert Biggers and James Snider
2:00 - 2:15
2:15 - 3:45
NASFAA SAP Training
Janie Burns and Larry Rector
TASFAA Spring Update!!
It’s one of the busiest times of year for most of us, but as we celebrate National Volunteer Week beginning on the 12th, I’d like to take some time to recognize all of the TASFAA folks who volunteer in our association and beyond.
First, TASFAA Governmental Relations Committee Chair Ron Gambill (Edsouth) and member Larry Rector (Johnson University) visited Washington, D.C. to lobby for various Federal Student Aid issues. Larry’s account of the trip was featured on the SASFAA Nine News blog. They met with two Senators and three Representatives over the two day trip. Thank you Ron and Larry for representing TASFAA and advocating for our Tennessee students!
Next, former TASFAA President and Director of Financial Aid at Lee University, Marian Dill was chosen to serve as a Primary Negotiator, representing private, non-profit institutions for the U.S. Department of Education’s Negotiated Rulemaking on Title IV loan issues. Marian is currently serving as the Vice President of SASFAA and was recently voted SASFAA President-Elect for the 2015-2016 year. Kudos to Marian on her achievements!
Most recently, President-Elect Dick Smelser attended the NASFAA Leadership & Legislative Conference & Expo. The conference helps prepare state association presidents and leaders from across the United States. Dick was also able to advocate for our students on Capitol Hill, even being invited to the “Tennessee Breakfast” with Senators Alexander and Corker. We look forward to your year as President Mr. Smelser!
Last but not least, I want to acknowledge the work of Leah Louallen and the 2015 TASFAA Conference Committee. We have an amazing agenda this year, full of great presenters (including David Bartnicki), as well as lots of fun. We have a new conference location at the Embassy Suites in Murfreesboro, a powerhouse opening speaker in June Cline, and surprises you won’t want to miss. Please make plans to join us April 26-29, for “TASFAA: A Growing Family Tree”. http://tasfaatn.com/Conference
As always, I am so thankful for the opportunity to serve as President of this amazing association, with such a spirit of friendship and volunteerism. I salute each of you this National Volunteer Week.
Thanks for all you do TASFAA family!
To encourage new members to pursue professional development opportunities and to enhance success within the financial aid profession, TASFAA is proud to offer the Clyde Walker Professional Development Scholarship. The scholarship was named in honor and in memory of Clyde Walker who passed away September 23, 2013. Mr. Walker was a Past President of TASFAA and had been a member of the association for many years. He chaired and served on many TASFAA committees and a mentor to many. He was Chair of the Association Governance Committee at the time of his passing. This scholarship will cover the cost of registration for one (1) participant to attend the SASFAA New Aid Officers Workshop. The 2015 SASFAA New Aid Officers Workshop, will be held June 14-19 at Thomas More College, Crestview Hills, KY.
Eligibility Requirements: To be eligible for the TASFAA Professional Development Scholarship, the applicant must:
The scholarship will cover the cost of the SASFAA New Aid Officers Workshop registration. The applicant is responsible for any remaining costs associated with the workshop (travel, etc.).
Preference may be given to a past TASFAA New Aid Officers Workshop attendee.
Applications (and all required documents) must be submitted to Larry Rector, TASFAA Training Committee Chair, no later than April 10, 2015. The winner will be announced at the TASFAA annual conference, April 26-29 at the Embassy Suites in Murfreesboro, TN. All applicants are encouraged to attend the conference if possible.
We look forward to receiving your application! Good luck!
2014-2015 TASFAA President
Clyde Walker Professional Development Scholarship Application.docx
February 2015 Webinar Sessions and Descriptions
(Revised Title) An Exploration of the 150% Direct Subsidized Loan Limit
Category: Program Administration
There is now a limitation on the period for which a borrower may receive a Direct Subsidized Loan. Join us as we take an exploration of the 150% Loan Limit. We will show you how to correctly calculate the maximum eligibility period and subsidized usage period. We will also review what happens borrowers lose their interest subsidy benefits and helpful ways you can educate them of the changes.
Specific topics covered include:
· Understanding the maximum eligibility period
· Examining loss of eligibility
· Exploring ways to educate your borrowers
Presenters: Jamie Malone (internal SME) and Michiale Schneider
Date: February 2 at 3 p.m. Eastern Standard Time
(NEW) Embracing Your New Leadership Role – Plans, Tips, and Perspectives
Category: Professional Development
Topics to be discussed:
Presenters: Keyimani Alford and Michiale Schneider
February 4 at 3:00 p.m. Eastern Standard Time
February 17 at 12:00 p.m. Eastern Standard Time
(NEW) Who’s Defaulting and Why: An In-depth Look at the Root of Loan Default
Category: Default Management
Borrowers default because they don’t pay—they don’t’ pay because their payments are unaffordable. However, unaffordability is one of the many reasons why borrowers struggle in repayment. There are others. We’ve identified who’s defaulting and why so that you can better understand which borrowers may have problems in repayment. We’ll also show you how to gather your own findings so that you can develop more targeted interventions. Getting to the root of loan default is the key that can move the needle on your rate and help the borrowers you serve.
Presenters: Roger Eldridge (internal SME) and Tasha McDaniel
February 11 at 3:00 p.m. Eastern Standard Time
Identity Theft: Help Students Avoid this Epidemic
Category: Financial Wellness
Every minute approximately 19 people fall victim to identity theft. Do you know how to help your students avoid this epidemic? Identify theft is the fastest growing crime in America and young people between the ages of 18-24 are the most likely to be affected. But there are ways that your students can proactively protect themselves. This webinar will show you how you can inform and counsel your students so they can protect themselves from identity thieves and potential scams.
Presenters: Michiale Schneider and Tasha McDaniel
February 3 at 12 p.m. Eastern Standard Time
Dependency Status DilemmasCategory: Program Administration
Are your students confused about how to answer dependency questions on the FAFSA? When should you consider a dependency override? We'll review ways to help your students while maintaining compliance.
Presenters: Michiale Schneider and Keyimani Alford
February 3 at 3 p.m. Eastern Standard Time
February 5 at 12 p.m. Eastern Standard Time
Financial Literacy: What You Need to Know to Educate Your Students
Financial education helps student’s make wise decisions about money and credit. You can create and tailor your own financial literacy programs by mastering basic concepts. This train-the-trainer session will give you all of the essentials you need to provide financial education to your students. You’ll be able to take what you’ve learned and create your own presentation to educate your students so that they make wise financial choices both during school and after graduation.
Presenters: Michiale Schneider and Tasha McDaniel
February 4 at 12:00 p.m. Eastern Standard Time
February 10 at 3:00 p.m. Eastern Standard Time
Verification: Four Simple Steps to Completion
Get the right dollars to the right students, on time. We’ll show you the easiest steps to completing verification based on recent policy changes and review common issues that arise.
Presenters: Keyimani Alford and Michiale Schneider
February 10 at 12:00 p.m. Eastern Standard Time
Professional Judgment Perplexities
Professional Judgment is helps you target funds to students with exceptional need. But Professional Judgment principles must be applied wisely and responsibly in order to be effective and compliant.
This participatory session reviews complex case studies to show how you can help students get the aid they need by making adjustments to either the expected family contribution (EFC) or the student’s cost of attendance.
Presenters: Michiale Schneider and Keyimani Alford
February 12 at 3:00 p.m. Eastern Standard Time
Anatomy of a Cohort Default Rate
Have you ever dissected your cohort default rate? Attend this session to learn what factors and circumstances affect your default rate. Do you know what factors and circumstances affect your rate? Things to consider include defaulted loans from students who attended multiple schools, the timing of deferments, and the impact of loan consolidation and rehabilitation. This session will review all of these situations so you can better understand your rate and help your borrowers.
Presenters: Tasha McDaniel and Michiale Schneider
February 17 at 3:00 p.m. Eastern Standard Time
Decoding CDR Reports and Correcting Data
Draft Cohort Default Rates are due to be released in February. Do you know how to review your report for accuracy? Learn how you can review CDR reports and when to challenge, appeal and adjust to ensure your school’s rate is an accurate reflection of your borrower’s experience in repayment.
· The Cohort Default Rate (CDR) cycle
· Challenges, Adjustment and Appeals
· Common appeal errors to avoid
February 18 at 3:00 p.m. Eastern Standard Time
February 26 at 12:00 p.m. Eastern Standard Time
Tax Filing Rules: What Financial Aid Administrators Need to Know
Get a refresher on tax filing rules in advance of the 2015-16 verification cycle to better identify and resolve issues during the file review process. This webinar will take you through tax rules to ensure the data elements used to calculate the expected family contribution are correct.
February 19 at 3:00 p.m. Eastern Standard Time
January 2015 Webinar Sessions and Descriptions
Reaping Results with a 12-Month Default Prevention Action Plan
Default prevention results can be achieved when a plan is developed and executed properly. Do you know how to create an actionable 12month plan that reaps results? If you’re like many schools, developing a plan requires time and resources that may be limited. During this session we will show you how to put together a 12-month action plan that is manageable. We’ll walk through the plan month by month, demonstrating strategies that you can deploy to help you manage default rates and reap results.
Presenters: Tasha McDaniel and Michiale Schneider
Date: January 8th @ 3:00pm EST
Date: January 13th @ 3:00pm EST
Date: January 13th @ 12:00pm EST
Managing Loan Default: Making a Difference in 60 Minutes
Managing default prevention activity is important to your institution but requires resources and time. We can show you how to improve your default rate with just a little extra effort each month. By dedicating just 60 minutes each month, you can lower your school’s cohort default rate, and facilitate your ultimate goalundefinedhelping students avoid the negative consequences of loan delinquency and default.
Date: January 14th @ 12:00pm EST
Date: January 22nd @ 3:00pm EST
Date: January 14th @ 3:00pm EST
Supervising Student Employees: Tools of the Trade
Student employees are a vital resource for your office but a challenge to supervise. Do you have the tools needed to effectively manage your student workers to achieve optimal success? Because they are part time, with varying schedules, and diverse attitudes towards employment and academics, student employees provide you with unique supervisory challenges. Attend this mini session to learn tools to help you better supervise your student employees and help them achieve success for your office and their future careers.
Presenter: Keyimani Alford and Tasha McDaniel
Date: January 15th @ 3:00pm EST
Date: January 29th@ 12:00pm EST
(NEW) Helping Students Reach Their College Education Dreams and Avoid Student Loan Nightmares
Do you find it challenging to meet the full needs of your students through financial aid? Often you might experience them turning to student loans without first exploring other options. By educating them, they will be better equipped to make smarter choices, become financially responsible, and have less student loan debt upon graduation.
Specific topics include:
Date: January 20th @ 3:00pm EST
Where Are You: Strategies for Locating Borrowers
Staying in touch with borrowers is an important part of a default prevention strategy. If borrowers don’t stay connected after they leave school, how can you find them? Many students leave school and stay connected through the alumni and other associations, friends, and even faculty and administration. Others leave and make it difficult to be found. Many of them have loan debt but have neglected their payment obligation. Locating them can be a challenge. This session will discuss tools and strategies that you can use to find borrowers. We will also share what Great Lakes does to locate borrowers and the rules and regulations all must follow.
Topics covered include:
Presenters: Lynn Murphy (Great Lakes SME) and Tasha McDaniel
Date: January 29th @ 3:00pm EST
(NEW) Final Rules: Changes to the PLUS Loan Credit Requirements
New final rules issued in October 2014 made changes to the PLUS loan to include modifying the definition of “adverse credit history” and requiring loan counseling for PLUS borrowers who have extenuating circumstances or who have an endorser. We’ll give you an overview of the regulatory changes and how these changes could impact your PLUS borrowers. We’ll also take a take a look at the derogatory actions that contribute to an adverse credit history and how they are reflected on the credit report.
Specific Topics Include:
Presenters: Tasha McDaniel and Nancy Masten
Date: January 21st @ 12:00pm EST
Date: January 27th @ 3:00pm EST
The year is coming to a close and most of us will enjoy extra time off with our friends and family. As we celebrate the holidays, please remember the members of our TASFAA family who are in need of our support this holiday season.
First remember those facing medical issues. Those include Furmonte’, son of Gwen Fleming, former TASFAA secretary from TCAT Ripley. Furmonte’ suffers from asthma and went into the hospital with a collapsed lung in September. He has undergone several surgeries and remains hospitalized with multiple complications. Next, our friend Mike Jones from TSU remains in a long-term care facility after a major scare with his heart. Also, Craig Harris’s infant daughter Emery has undergone heart surgery and may face more over the coming months. Craig was a long-time TASFAA member working for several different sponsor partners. In addition, Vic Lemons, husband of Jamie Lemons, One-Stop counselor at UTK, is battling lupus and pancreatic cancer. Last, Robbie Snapp from MTSU has both undergone knee replacement surgery and faced medical issues with her mother. All of these folks ( as well as anyone I may have missed) could use a little TASFAA love this holiday season!
We have also recently seen the passing of some dear members of our TASFAA family. In the past few weeks, we have lost Wayne Fletcher, founder of Wayne’s Barber and Beauty School and husband to TASFAA member Melissa Fletcher, Bill Grizzard, the “Pickle Man”, longtime sponsor partner and TASFAA friend, and Tom Zminkowski, former First Tennessee, TSAC and USAF employee.
As I reflect on 2014 and the first half of my TASFAA Presidency, I couldn’t be more proud of our state and our members. For those of you who were able to join us for dinner at FSA, it truly felt like a family meal. As member of TASFAA, we aren’t just colleagues; we become true, lifelong friends. Thank you for this opportunity to serve, I am both humbled and grateful to be a part of this wonderful organization. Enjoy the season and all my best wishes to all of you for an incredible 2015!
The TASFAA Executive Board wishes you a
I want to be sure you are aware of our upcoming webinars covering important information about the October 10 – 12, 2014 Sallie Mae and Navient transition. While we became two separate companies in May, we will be officially separating our operations and systems soon.
By attending one of these webinars you will learn about changes to the way you will work with Sallie Mae including how to contact our new School Assist team, how to use OpenNet and access reports from our Document Direct (DDI) tool. You will also learn how to access account information using Navient’s School Servicing Portal as well as reports on Navient serviced loans. We will also share with you what to expect on the transition weekend.
This webinar is ideal for members of your financial aid staff as well as the business office. Please go to SallieMae.com/schoolresource to register. There are several dates available so I hope there is one that fits your schedule. Please feel free to contact me with any questions you may have.
Director of Business Development
O: 615.665.4494 | C: 615.430.8035
Last but not least, Financial Aid Appreciation Day is Wednesday, October 15. We want to see our TASFAA family celebrate! Send us pictures and let us know how you celebrate all the hard work you do for students and parents! Pictures can be posted to our Facebook group or emailed to firstname.lastname@example.org.
Registration is now OPEN for the TASFAA Fall Training Series, sponsored by TSAC! We hope you will join us for a day packed full of updates and information from our friends at TSAC and the incomparable friendly neighborhood “Fed”, David Bartnicki!
Topics will include:
Register online TODAY at www.tasfaatn.com/fall .
We looking forward to seeing you October 7, 8 and 9!
~TASFAA Training Committee
Contact Us: email@example.com