Transcript News to Know

News to Know
April 2004
Office of Student
Financial Assistance
Florida Department of Education
Regional Training Workshops
The Regional Training Workshops have been completed and
we are confident that they are the foundation to building an
effective training base for the future. If you were unable to
attend, and would like to receive the workshop materials,
please contact your Outreach Representative and they will
mail you one today! If you have suggestions, comments, or
ideas for future workshops, please pass them along! We
would love to hear from you!
Host Site Recognition
Thank you to the institutions that graciously agreed to host
our Regional Training Workshops! We truly appreciate your
assistance in making these workshops available throughout
the state.
Florida
State University
Keiser College
Miami Dade College
 University of Phoenix
Sponsor Recognition
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1Student Financial
AmSouth Bank
Bank of America
College Loan Corporation
(CLC)
EdAmerica
National Education
SouthTrust Bank
SunTrust
Thank you to the lender partners
that sponsored the meal
functions during our Regional
Training Workshops! We truly
appreciate your assistance in
making these workshops a
success!
Bonnie Pirkle Fundraiser
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AmSouth Bank
Bank One
Bank of America
College Loan Corporation (CLC)
EdFirst/Chase
Educaid/Wachovia
Fleet Bank
Key Bank
NelNet
National Education
Regions Bank
SouthTrust Bank
Southwest Student Services Corporation
SunTrust Bank
A big round of applause goes out
to all of our lender and servicer
partners that sponsored door
prizes for the Bonnie Pirkle
Fundraiser held during the
workshops! Thank you for your
continued support of this great
cause!
Guarantee Fee
At this time, there has been no decision to reestablish a guarantee fee
for loans processed by OSFA. However, there are conditions under
which the issue will be revisited. Among the conditions are a potential
requirement passed by the Congress in the reauthorization process for
the purpose of insuring uniformity of costs among the guarantors. There
is another issue regarding the guarantee fee and that relates to the
apparent silence in the law and regulations regarding who pays the
guarantee fee. It may turn out that the fee is reestablished, but paid by
some party other than the student. We must also bear in mind that
President Bush's budget is reported to have language that assumes that
all guaranty agencies would charge a guarantee fee. As you know, the
budget is submitted to Congress for consideration and amendment. At
this point, the restoration of a national fee is a "recommendation," and
would affect all guarantors nationwide, not just OSFA.
Default Prevention and Default Aversion How Can We Help You?
Contact your Outreach Representative today to find out how
we can assist you in your Default Prevention and Default
Aversion plan. Call today to schedule this informative
presentation!
SSFAD Log On’s
If you are the SSFAD Security Designee for your institution,
it’s now time to do your SPRING CLEANING! Please verify
the users that you have assigned ID’s to and notify Neil
Walter at: [email protected] if you need to make any
changes, additions, or deletions today!
Specialized Reporting Functions
Would you like to receive monthly reports that detail your loan
activity? If we collect the information, we can generate a
report on it! All FFEL program participants can request FFEL
reports by submitting a formal records request to your
Outreach Representative. Include in your request the
verbiage, “I wish to receive this report on a monthly basis for
the remainder of the fiscal year.”
Congratulations!
Congratulations to our very own Karen Hurrell! She just
received the good news that she has been elected as the
FASFAA Region II Representative!
OSFA NSLDS Submission - March 2004
OSFA's
March 2004 monthly submission was transmitted to NSLDS and was
processed by NSLDS on March 24, 2004.
The updates to NSLDS appeared on NSLDS, March 25, 2004.
Data contained in this month's submission reflects data extracted from our system on
March 22, 2004.
The SMRY screen has been refreshed and now displays the NSLDS Loan Statuses
that appeared in NSLDS on March 25, 2004.
OSFA’s
April 2004 monthly submission will be transmitted to NSLDS on April 28, 2004.
NCHELP Integrated Common Manual
NCHELP’s Integrated Common Manual is an excellent on line
resource. Bookmark it today!
Professional Judgement Guide
Mark Kantrowitz, Publisher - FinAid and EduPASS, has
compiled a guide to best practices for Professional
Judgement. A first draft of this guide is available at:
www.finaid.org/educators/pj/
Proposed Changes to the 2005-2006 FAFSA
The first draft of the proposed 2005-2006 FAFSA is available
for comment. Comments can be made regarding the proposal
through May 12, 2004. The draft can be viewed at:
http://ifap.ed.gov/eannouncements/attachments/0312new
fasfa0506.pdf
Recent “Notices Inviting Applications”
Recent “Notices Inviting Applications” (grant opportunities)
from the U.S. Department of Education (ED) include those
related to: Federal Perkins Loan, Federal Work-Study, &
Federal Supplemental Educational Opportunity Grant
Program (CFDA#s 84.038, 84.033, & 84.007)
For more information, please visit:
www.ed.gov/fund/landing.jhtml
Releasing a Transcript
Florida Statutes Chapter 1009, Part III - Financial Assistance,
Section 95, item number 5 (F.S. 1009.95(5)).
"No individual borrower who has been determined to be in default in
making legally required scholarship loan, student loan, or guaranteed loan
repayments shall be furnished with his or her academic transcripts or
other student records until such time as the loan is paid in full or the
default status has been removed."
Important Dates
4/28-4/30,
2004 - Mapping Your Future Annual Conference
6-9-6/11, 2004 - FASFAA Spring Conference
6/20-6/25, 2004 - SASFAA New Aid Officer Workshop
7/18-7/21, 2004 - NASFAA Annual Conference
11/1-11/4, 2004 - SFA Electronic Access Conference
11/10 - 11/12, 2004 - FASFAA Fall Conference
For more information on these upcoming
events, check out the calendar on
www.fasfaa.org
Mission Statement
The Florida Department of Education, Office of Student
Financial Assistance (OSFA), serves as a guarantor for the
Federal Family Education Loan Program (FFELP), and the
administrator of Florida’s scholarship and grant programs.
The OSFA Mission is to facilitate higher education access
and services by providing exemplary customer attention,
comprehensive financial aid information, and convenient and
efficient products.
Outreach Representative
Contact Information:
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Customer Service is our #1
Priority! Call us today!
Lori Auxier, OSFA Outreach
Representative
 3715 Kirkwood Circle
 Boynton Beach, FL 33436
 561-434-3993 (office)