The fifth phase of the twenty-fourth edition of the NASFAA Self-Evaluation Guide for Institutional Participation in Title IV and Other Federal Programs is now available. The Guide is being posted in phases. The fifth phase includes the following sections:

• Cash Management,
• Federal Family Education Loan Program; and
• Federal Direct Student Loan Program.

The Guide uses a question and answer format, and allows the user to enter a response to each question electronically. This edition of NASFAA's Self-Evaluation Guide serves as an in-house self assessment tool to help your institution prepare for required audits of the institution's administration of the Title IV and U.S. Department of Health and Human Services (HHS) student financial assistance programs during the 2008-09 award year. Requirements representing changes effective for the 2008-09 award year are highlighted. We hope that you find the Guide helpful as you evaluate your institution's compliance with current statutes, regulations, and other U.S. Department of Education (ED) and HHS requirements.

The Guide is a benefit of NASFAA membership. You will need a Web ID and a password to access it. We will post additional sections of the Guide to NASFAA's Web site as they are completed. Watch Today's News for announcements as we add additional sections.

By Eunice Powell Associate Director for Professional Assessment, Training, and Regulatory Assistance

Posted 03/25/09 to www.NASFAA.org. Redistribution to non-NASFAA institutions is prohibited. Please submit Web site questions or comments to Web@NASFAA.org.