Transcript Presentation Title

New Bee: Online Buzz
Tristan Lynn, Director of Financial Aid
AIB College of Business
Agenda
• Tools for Assisting Students
– New/Perspective Student
– Current Student
– Graduates
• Tools for Financial Aid Administrators
– Daily Job Tasks
– Regulations
– Training
FAFSA4Caster
• Uses
– Estimate your EFC
– Federal funding estimate
• Issue
– Can’t play with the numbers
• Website
– FAFSA4Caster
FAFSA4Caster
College Board
• Uses
– Estimates EFC
– Can play around with numbers better
• Issue
– Not exact
• Website
– College Board EFC Calculator
College Board EFC Calculator
FAFSA
• Students complete to get EFC
– Can be completed Online or in paper form
– Online is recommended for quickest results
• Questions while completing
– Instructions are on the side of page when completing
– Read Instructions (Paper Form)
• Worksheets – Don’t have all pertinent
information
• Website
– FAFSA
FAFSA
Studentloans.gov
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Financial Awareness Counseling
Exit Counseling
Entrance Counseling
Master Promissory Note
– Plus
– Direct
• Website
– StudentLoans.gov
Studentloans.gov
Financial Literacy
• Financial Awareness Counseling
• Iowa Student Loan
– Student Loan Game Plan
– Return on College Investment (ROCI)
• Great Lakes Financial IQ
• Iowa College Access Network (ICAN) Financial
Literacy College Series
Financial Awareness Counseling
Iowa Student Loan
Great Lakes Financial IQ
ICAN Financial Literacy College Series
Loan Forgiveness
• Loan Repayment Programs
– Attorney
– Federal Employee & Public Service Employee
– Health Care
– Teacher
• Website
– Iowa College Student Aid Commission
Loan Forgiveness
Repayment Plans
• Types
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Standard
Graduated
Extended
Income-Based (IBR)
Pay As You Earn
Income-Contingent
Income Sensitive
• Website
– Federal Student Aid
Repayment Plans
NSLDS for Students
• National Student Loan Data Systems
• Information for Students
– Amount of debt
• Interest and Principal
– Servicers
• Contact Information
• Website
– NSLDS
NSLDS for Students
NSLDS for Financial Aid Professionals
• National Student Loan Data Systems
• Information for Financial Aid Professionals
– Student Information
• Loans and Grant Amount
• Aggregate Information
– Reports
• Delinquent Borrower Report
• Transfer Monitoring List
– Cohort Default Rate
• Website
– NSLDS
• Two Factor Authentication to Access
NSLDS for Financial Aid Professionals
FAFSA Demo
• Allows you to complete sample FAFSA
• Available at the FSA Conference in
November/December
• Last couple of years, not available until last minute
• 2014-2015
– User Name: eddemo
– Password: fafsatest
• Can’t do IRS data retrieval
• Website
– FAFSA Demo Site
FAFSA Demo
Common Origination & Disbursement
(COD)
• Access to a student information
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Loan Information
Counseling
Master Promissory Notes
Pell Amounts
Plus Applications
• More up to date than NSLDS
• Website
– COD
• Two Factor Authentication to Access
Common Origination & Disbursement
(COD)
Information for Financial Aid
Professionals (IFAP)
• Federal Student Aid Handbook (FSA)
– Application and Verification Guide
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Dear Colleague Letters
Federal Registers
Electronic Announcements
My IFAP
– Weekly Digest
– Specific Financial Aid Areas
• Website
– IFAP
• No Login Necessary!
Information for Financial Aid
Professionals (IFAP)
National Association of Student
Financial Aid Administrators
(NASFAA)
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NASFAA News
Federal Updates
Research Papers
Compliance
Policies and Procedures Guide
Website
– NASFAA
National Association of Student
Financial Aid Administrators
(NASFAA)
ListServs
• Automatic Mailing Lists
– FINAID-L
– FSATECH
– IASFAA
• Membership Profile
– MASFAA
• Membership Profile
– Software Provider
– Admissions
– Registrar
***Daily Synopsis***
Additional Resources
• IASFAA
– State, Federal, Publication, Association, and Other
Resources
• College Board
• Federal Student Aid
– FSA Coach
• Inside Higher ED
• Iowa College Student Aid Commission
– College Aid Insider
• Many more resources available!
Colleagues
• Conferences
– IASFAA
– MASFAA
– NASFAA
– FSA
• Other Events
– Drive-In Workshop
– Support Staff Workshop
• Networking
Questions?