NASFAA U was pleased to offer two in-person courses during the 2016 National Conference – Consumer Information and Administrative Capability. Both courses took place Wednesday morning, July 13, 8:30 to 11:30 am. Conference attendees could choose to participate in either course and receive a voucher for the associated credential test free of charge.
Consumer Information continues to be a top ten compliance issue. This course was designed to explain all of the requirements and notifications needed, who should receive those notifications and how, as well as the required time frames. As a condition of awarding and disbursing Title IV federal student aid funds, the Higher Education Act of 1965, as amended (HEA), and other statutes expect and require postsecondary educational institutions to report and disclose certain consumer information to certain prospective students and employees, currently enrolled students, students’ parents, and employees. The purpose of consumer information is help students and employees make informed decisions regarding their education or employment.
Administrative capability is one of the cornerstones of the Title IV regulations. For an institution to participate in the Title IV programs, the school must demonstrate that it can adhere to these regulations. This course focused on the administrative capability provisions and examined what a school should do to demonstrate its continued compliance as a participant in the Title IV Programs. In addition, this course was designed with the necessary tools, equipment and subject matter expertise to assist you through understanding and applying administrative capability.