News to Know

1
News to Know

• April 2004

Office of Student Financial Assistance Florida
Department of Education
2
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!

3
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

4
Sponsor Recognition

• 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!

5
Bonnie Pirkle Fundraiser

• 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!

6
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.

7
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!

8
SSFAD Log Ons

• If you are the SSFAD Security Designee for your
  institution, its now time to do your SPRING
  CLEANING! Please verify the users that you have
  assigned IDs to and notify Neil Walter at
  Neil.Walter_at_fldoe.org if you need to make any
  changes, additions, or deletions today!

9
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.

10
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!

11
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.
• OSFAs April 2004 monthly submission will be
  transmitted to NSLDS on April 28, 2004.

12
NCHELP Integrated Common Manual

• NCHELPs Integrated Common Manual is an excellent
  on line resource. Bookmark it today!

13
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/

14
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/0312
  newfasfa0506.pdf

15
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 (CFDAs 84.038, 84.033,
  84.007)
• For more information, please visit
• www.ed.gov/fund/landing.jhtml

16
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."

17
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
18
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
  Floridas 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.

19
Outreach Representative Contact Information

• 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)