Overview of the Financial Aid Programs - Summer 2017

NU - Online Course IconStart Date: July 10, 2017
Duration: 3 weeks
Cost: $199 per registrant (members and non-members)

Registration for this course is now closed.


Back by popular demand in an accelerated format, this course introduces learners to basic financial aid concepts, categories and types of financial aid, the Title IV aid programs, and other federal sources of assistance to students. Presentations, discussion topics, and quizzes will help participants understand how basic financial aid concepts interact and the importance of the various aid programs to their institutions. The Overview course is not only an effective training tool for new financial aid staff, it also offers your institution's non-financial aid staff a basic understanding of financial aid programs and requirements. NASFAA does not offer a credential for the Overview of the Financial Aid Programs course; however, this course provides an excellent foundation for advancement to additional courses that lead to a credential.

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

  • Academic Year
  • Cost of Attendance
  • Expected Family Contribution
  • Financial Need
  • Enrollment Status
  • Need-Based vs. Non Need-Based Aid

Lesson 2 

  • Title IV Grant Programs
  • Perkins Loans
  • Direct Loans
  • Borrower Eligibility
  • Annual/Aggregate Limits
  • Federal Work-Study Program

Lesson 3 

  • State Aid
  • AmeriCorps
  • Assistance for Veterans
  • Student Assistance for Health Professionals

Lesson Video Example

Below is an example of one of the lesson videos made available to attendees. 

Course Instructors

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.

Mike KutcherMichael Kutcher is an instructor with the National Association of Student Financial Aid Administrators. He has specialized in training financial aid counselors in the fundamentals of Title IV financial aid for the past 5 years. Prior to joining NASFAA, Michael was an Assistant Director of Student Services and Outreach with the University of Maryland University College. He was responsible for supervising a team of financial aid counselors, developing business processing guides, and presenting training seminars on new rules and regulations published by the Department of Education. Michael currently facilitates online classroom instruction for NASFAA U. He develops and updates training materials, assists with grading homework assignments, and responds to participants’ questions or concerns. He is passionate about teaching others in the financial aid community and helping them achieve their full potential.

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):

  • 07/10/17 - 2:00 pm ET - Intro Session and Lesson 1 Preview
  • 07/17/17 - 2:00 pm ET - Lesson 1 Review and Lesson 2 Preview
  • 07/24/17 - 2:00 pm ET - Lesson 2 Review and Lesson 3 Preview
  • 07/31/17 - 2:00 pm ET - Lesson 3 Review


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

  • $25 cancellation fee before July 6, 2017
  • $50 cancellation fee July 6 - July 9, 2017 

If you do not cancel by 6:00 am ET July 10, 2017, 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 nasfaa-u@nasfaa.org.

Additional Questions

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

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