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Department of Education Concurrent Sessions

NASFAA is pleased to announce that the U.S. Department of Education will present the sessions below at its 2014 National Conference.

COD Update for FAAs

This session will provide current information about the COD system for the 2014‐15 processing cycle, including information about changes to the system that have been implemented as a result of recent legislation, and planned upcoming changes.

Wood Mason, Program Management Analyst, Federal Student Aid, Business Operations and Program Services, U.S. Department of Education

Consumer Disclosure Requirements and Tools

Monday, June 30, 2014, 3:05 PM - 4:20 PM 

This session will focus on the consumer disclosure requirements that have generated attention and questions over the last several years, such as the net price calculator and textbook disclosures, as well as a subset of disclosures that are commonly cited in program reviews. In addition to reviewing the requirements, Department officials will review the tools and resources that are available to help institutions comply with the consumer information provisions. The Shopping Sheet and College Scorecard will also be discussed.

Jessica Finkel, Management/Program Analyst, U.S. Department of Education

Direct Loan Consolidation Update

Monday, June 30, 2014, 10:35 AM - 11:50 AM 

A Direct Consolidation Loan allows a borrower to combine one or more of their federal education loans into a new loan offering several advantages. But are consolidations right for all borrowers and what criteria should be considered before applying for a consolidation loan? This session is an overview of the Direct Consolidation Loan process including a detailed walkthrough of the new ap‐plication process on StudentLoans.gov. Additionally, this session presentation includes borrower eligibility criteria and summary of the considerations before applying for a consolidation loan.

Cynthia Battle, Program Manager, Direct Loan Servicing, U.S. Department of Education

Direct Loan Processing Tips and Tools

This session will provide you with tips to help you manage your Direct Loan processes. Included will be suggestions for managing COD options for reports and StudentLoans.gov settings; correct reporting Direct Loan academic year, loan periods, and anticipated vs. actual disbursement dates; Direct PLUS Loan processing; cash management concerns; and more. You will leave this session armed with solutions for common processing problems to improve your school's Direct Loan processing efficiency.

Wood Mason, Program & Management Analyst, Federal Student Aid, Business Operations and Program Services, U.S. Department of Education

FAFSA & Application Processing Update

Sunday, June 29, 2014, 4:00 PM - 5:15 PM 

This session will provide important information on changes to the 2015‐16 application processing system, including any enhancements. Participants will have an opportunity for questions about the 2014‐15 application system as well. This session will address 2015‐16 enhancements to FAFSA on the Web, the Central Processing System, and FAA Access to CPS Online. It will also review the skip‐logic used in FAFSA completion.

  • Maria Marella U.S. Department of Education
  • Cameron Washington U. S. Department of Education

Federal Loan Servicing Update

Tuesday, July 1, 2014, 9:00 AM - 10:15 AM 

The servicing landscape continues to evolve, and this session will assist schools in better understanding how FSA manages change and measures performance in a multi‐servicer environment. We will look back at some of the servicing issues and challenges that borrowers and schools faced, and provide updates on key servicing improvements and decisions regarding process standardization.

Cynthia Battle, Program Manager, Direct Loan Servicing, U.S. Department of Education

Federal Town Hall Meeting

Join your colleagues in a discussion with your leadership and senior Department of Education staff for a discussion of how to improve the financial aid process.

  • Jeff Baker, Federal Student Aid, U.S. Department of Education
  • Justin Draeger, President, NASFAA
  • Lynn Mahaffie, Acting Deputy Assistant Secretary, Policy, Planning and Innovation, U. S. Department of Education
  • Craig Munier, NASFAA National Chair, Director of Scholarships & Financial Aid, University of Nebraska ‐ Lincoln
  • Eileen O'Leary, Assistant Vice President Student Financial Services, Stonehill College

Gainful Employment Disclosures and Template Demonstration

Sunday, June 29, 2014, 2:30 PM - 3:45 PM 

This session will provide an update of the gainful employment disclosure requirements currently in effect. Presenters will discuss the disclosure template that is required to make the disclosures and will also demonstrate how to complete the web‐based gainful employment disclosure input documents.

Jessica Finkel, Management/Program Analyst, U.S. Department of Education

How Different Types of Academic Terms, Including Those with Modules, Affect Title IV

Presenters will explain how the various types of academic terms affect the administration of Title IV. They will also explain the difference between academic calendars using standard terms (including module‐based standard terms), non‐standard terms and those that do not have terms (non‐term).

Kevin Campbell U. S. Department of Education Greg Martin U. S. Department of Education

How FAAs Report Changes Impacting Institutional Eligibility

The Eligibility and Certification Report (ECAR) displays institutional information upon which Title IV eligibility is based. This session will cover changes that would impact an institutions eligibility for Title IV, particularly the addition of educational programs or school locations. Presenters will explain when and how schools should report such changes to maintain their eligibility.

Laura Hall, Institutional Improvement Specialist, U. S. Department of Education

Loan Counseling Tools

Tuesday, July 1, 2014, 2:30 PM - 3:45 PM 

A one‐stop shop for all loan counseling needs is available on StudentLoans.gov! Entrance, Exit, and Financial Awareness Counseling all have web‐based interactive modules that provide tips and tools to help students understand their financial aid obligations, manage their finances, and choose the best repayment plan for their circumstances. This session will provide an overview of the loan counseling resources available on StudentLoans.gov.

Cynthia Battle, Program Manager, Direct Loan Servicing, U.S. Department of Education

Managing Title IV Funds‐How to Keep Your School in Tune

Tuesday, July 1, 2014, 9:00 AM - 10:15 AM 

We'll cover the full score ‐ from funding information for all programs to timely reporting of disbursements to reconciling your school information with the data on COD and finishing up with award year closeout. Get the latest on FSA's upcoming change requiring all schools to return funds via G5's electronic refund process. This session will provide all the information you need to keep your school humming along.

Barbara Davis, Program and Management Analyst, Internal Controls Division, U.S. Department of Education

NSLDS 2014 Update

2014 will bring many changes to enrollment reporting for all schools. This session will preview our planned enhancements. You will learn about the additional data elements that will be required for reporting and how they will impact Transfer Student Monitoring for Enrollment Reporting; new reporting formats that will be offered; and the significance your enrollment data will play in a borrower's eligibility for interest subsidy.

Eric Hardy, Data Management Analyst, U.S. Department of Education

Return of Title IV Funds

This session will focus on the Return of Title IV funds when a student withdraws from a program that either is taught in modules or has modules in the program. Examples will be discussed for both clock‐hour and credit‐hour programs.

Dan Klock, Program Specialist, Federal Student Aid, U.S. Department of Education

Understanding Borrower Aggregates on NSLDS

Monday, June 30, 2014, 1:30 PM - 2:45 PM 

Have you ever wondered how National Student Loan Data System (NSLDS) determines the aggregate loan balances found on the Institutional Student Information Report (ISIR) and the NSLDS Professional Access website? This session will explain how NSLDS calculates aggregates and you will receive a "cheat sheet" your office can use to demonstrate to students how the aggregate balances were determined.

Eric Hardy, Data Management Analyst, U.S. Department of Education

Verification

Monday, June 30, 2014, 3:05 PM - 4:20 PM 

This session will cover both policy and operational verification requirements for 2014‐15 and verification plans for 2015‐16. Included will be an update on recent developments with the IRS Data Retrieval Tool.

  • Aaron Washington U. S. Department of Education
  • Ann Marie Weisman U. S. Department of Education

What FAAs Must Know About 150% Direct Subsidized Loan Limits

Sunday, June 29, 2014, 4:00 PM - 5:15 PM 

This session will provide an overview of the requirements for limiting Direct Subsidized Loan eligibility to the length of 150% of a student's academic program. It will outline Department of Education and school processing requirements for tracking, monitoring, awarding/originating, and reporting Direct Loans. Presenters will suggest ways for schools to warn students who are approaching the 150% borrowing limit and will discuss the timeframes for implementation of the requirements.

  • Nathan Arnold, Student Aid Policy Advisor, U.S. Department of Education
  • Ian Foss U.S. Department of Education