Cash Management - 2016

NU - Online Course IconStart Date: October 18, 2016
Duration: 4 weeks
Cost: $299 per registrant (members & non-members)



Is your institution in compliance with new cash management regulations that went into effect September 1, 2016? Are you preparing for additional regulations that go into effect on July 1 and September 1, 2017? The NASFAA U Cash Management course will provide you with an overall understanding of the complex world of cash management and arm you with the information you need to make sure your institution is meeting all current and upcoming requirements.  

This course provides an overview of the various methods for drawing down Title IV funds and the program-specific requirements for disbursing federal aid. You will also be introduced to cash management notification and authorization requirements. Presentations, discussion topics, and learning assessments reinforce key course concepts. Complimentary access to the credential test is provided after successfully completing and passing the course. 

As a participant of this course you will be asked to: 

  • Review educational video lessons
  • Complete learning assessments
  • Participate in online discussions
  • Collaborate with other financial aid administrators  

Course Outline

  • Lesson 1 – Introduction to Cash Management
  • Lesson 2 – Requesting and Managing Title IV Funds
  • Lesson 3 – Disbursing Title IV Funds
  • Lesson 4 – Notifications and Authorizations

Course Facilitators

Brenda MurthaBrenda Murtha has been involved in financial aid for over 35 years. She graduated from Northern State University in Aberdeen, South Dakota with a Bachelor’s Degree in Secondary Education (math and English). She began her financial aid career at Education Assistance Corporation (then a guaranty agency; now acquired by Great Lakes Higher Education, a federal loan servicer). For the last 25 years, she has served students and families at Augustana University in Sioux Falls, South Dakota, 17 years as Director of Financial Aid. She has training experience in state, regional and national venues, including work with RMASFAA Summer Institute and NASFAA online courses. Brenda joined NASFAA staff as a full-time instructor and is excited to begin this new chapter in service to the financial aid profession.

David TolmanDavid joined the NASFAA Training and Regulatory Assistance team in 2012. David has been in the financial aid field since 1992. Prior to joining NASFAA, David was the Director of Financial Aid and Scholarships at Boise State University. He also taught Principles of Microeconomics courses when his schedule allowed. Prior to that he held various positions in the financial aid office at the University of Utah. Like many financial aid administrators, he thought his first financial aid job would just be a temporary thing. As an Instructional Content Specialist, David is able to combine his experience in financial aid and his love of teaching and training. His education includes a Master’s degree from Arizona State University and a Bachelor’s degree from Brigham Young University. David lives with his family in Boise, Idaho.

Michael CampbellMike Campbell is currently Vice President of Financial Aid & Compliance at American Business & Technology University in Missouri. He has "twenty-some" years of experience in not-for-profit and for-profit schools, largely in the private sector. He also does some financial aid consulting work, often as a clean-up specialist. He currently holds all 16 NASFAA-U credentials. He has been married for 35 years; he and his wife Cathy have two adult daughters and two young grandchildren.

NASFAA U Course Policies


NASFAA U courses are 100% online with an asynchronous focus, meaning the individual attendee can log on anytime/anyplace (assuming they have Internet access) and participate in course requirements – naturally there are due dates they will need to adhere to, i.e. weekly assessments that must be completed. There are also weekly synchronous class meetings. These live "Get-Together" classes last approximately one hour and recorded for on-demand viewing by the course attendee. While attendance is optional, we do encourage attending due to the highly collaborative nature of the courses. Please see the following Get-Together schedule for this course (subject to change at the discretion of the course instructors):

  • 10/18/16 - 2:00 pm ET - Intro Session and Lesson 1 Preview
  • 10/25/16 - 2:00 pm ET - Lesson 1 Review and Lesson 2 Preview
  • 11/01/16 - 2:00 pm ET - Lesson 2 Review and Lesson 3 Preview
  • 11/03/15 - 2:00 pm ET - Open Forum (Adjunct-Led)
  • 11/08/16 - 2:00 pm ET - Lesson 3 Review and Lesson 4 Preview
  • 11/10/16 - 2:00 pm ET - Open Forum (Adjunct-Led)
  • 11/15/16 - 2:00 pm ET - Review Lesson 4 and Test Review *Extended Session


By submitting your registration, you agree to the following cancellation schedule:

  • $25 cancellation fee before October 14, 2016
  • $50 cancellation fee October 14 - October 17, 2016 

If you do not cancel by 6:00 am ET October 18, 2016, you will be responsible for the full amount of the registration fee. Medical emergencies will be re-scheduled to another available course with a doctor’s note.

Requests to cancel must be sent to

Additional Questions

For additional questions, please review the helpful guide of Online Course Frequently Asked Questions.

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