NASFAA Fact Sheet

NASFAA is:

• A nonprofit membership organization that represents more than 10,000 financial aid professionals at nearly 3,000 colleges, universities and career schools across the country.
• The largest postsecondary education association with institutional membership in Washington, D.C.
• The only national association with a primary focus on student aid legislation, regulatory analysis and professional development for financial aid administrators.

NASFAA History

• Founded in 1966 as an outgrowth of six regional professional associations, NASFAA was incorporated in 1973 as a nonprofit corporation in the District of Columbia.
• Until 1977, NASFAA was comprised of individual members at institutions of postsecondary education. At that time, 84% of the members voted to amend the Articles of Incorporation to change from individual to institutional membership.
• The first NASFAA Newsletter was published June 1970. In 2001, members receive daily Today's News via e-mail, with links to complete articles on the association's web site.
• The first NASFAA conference was held July 1975 in Aspen, Colorado, with 570 participants. Twenty-six years later, the NASFAA conference attracts more than 3,000 individuals with an interest in the federal student aid programs.

NASFAA Membership

• NASFAA's membership brings together all sectors of postsecondary education, representing a broad diversity of students, to enhance the support and administration of student aid.
• More than 10,000 aid administrators at member institutions nationwide benefit from information and professional services provided by NASFAA.
• Over 170 members volunteer each year to serve on NASFAA Committees and the Board of Directors. These volunteers carry out the goals of the Association's Strategic Plan and are involved in need analysis, reauthorization, training, and many other student aid issues. NASFAA's Dedication to Students
• The primary goal of the Association is to promote maximum funding and effective delivery of financial assistance to students who are in need of additional funds to pursue their education beyond high school.
• Each year, members help more than 8 million students receive funding for postsecondary education.

NASFAA Facts & Figures

• NASFAA is governed by a Board of Directors, 3 Commissions, and 18 committees with more than 170 volunteers.
• NASFAA employs 38 permanent staff members.

NASFAA Products & Services

• Advocacy: Legislative and Regulatory 
• Annotated Bibliographies 
• AskRegs, provides guidance to schools with regulatory questions or concerns 
• Award Letter Evaluation Tool 
• Awards for contribution to the profession
• Carnival of Learning, an early awareness program for middle school students 
• Cash for College, a booklet describing the basic facts about financial aid for students 
• CORE, a comprehensive in-service staff training tool 
• E-Aid Office 2000: Financial Aid Software Selection, Implementation, and Operation 
• Encyclopedia of Student Financial Aid 
• Fall Training Workshops 
• Forms Bank
• Guidance on Planning and Conducting a Financial Aid Night 
• Guidance on Using Federal Tax Return in Need Analysis 
• High School Counselor Training Materials 
• In Search of Best Practices - A NASFAA Symposium, training for advanced aid administrators
• Job Classified Ads 
• Journal of Student Financial Aid 
• Leadership Conference for state and regional association officers 
• LearnStudentAid.org, web-based training for aid administrators 
• Membership Directory 
• NASFAA Catalog 
• NASFAA National Conference 
• Self-Evaluation Guide for Institutional Participation in Title IV Federal Aid Programs 
• Standards of Excellence Review Program 
• Sponsored Research Grants 
• Staffing and Salary Predictor Model 
• Student Aid Research: A Manual for Financial Aid Administrations 
• Student Aid Transcript magazine, features articles on management issues 
• Title IV Eligibility Checklist 
• Understanding the Hope Scholarship 
• Understanding the Lifetime Learning Tax Credit 
• Web site for members
• Web site for students, parents and counselors