News to Know

1
News to Know
September 2005

• Office of Student Financial Assistance
• Florida Department of Education

2
Navigating Your Future

• "Navigating Your Financial Future" is a
  comprehensive program for default prevention
  offered to students and their families by the
  Florida Department Of Education, Office of
  Student Financial Assistance. Topics include
  Financial Aid, Career Planning, Repayment of Your
  Student Loan Debt, School Life Management,
  Managing Your Budget, and Managing Your Credit.

For more information on how to implement these
products at your campus, contact Jacqueline Hill
at 850-212-1108.
3
FY 2003 Official Cohort Default Rates

• The Department distributed the FY 2003 official
  cohort default rate notification packages to
  schools on September 12. 2005. For domestic
  schools enrolled in the Electronic Cohort Default
  Rate (eCDR) process, delivery was made to the
  Student Aid Internet Gateway (SAIG) destination
  point designated by the school. Domestic schools
  not enrolled in eCDR will not receive
  notification packages from the Department but may
  download their cohort default rates and
  accompanying Loan Record Detail Reports. All
  foreign schools will continue to receive hard
  copy notification packages. Time periods for
  submitting adjustments and appeals begins on
  September 20, 2005 for domestic schools.

National Cohort Default Rate for FY 2003 is 4.5,
down from 5.2 in FY 2002.
4
2006-2007 FAFSA Updates

• GEN-05-10 addresses the 2006-2007 FAFSA on the
  Web Worksheet and Paper FAFSA Distribution Plan.

5
Meteor and Mapping Your Future Joins Together

• School users logging into Mapping Your Future's
  Online Student Loan Counseling FAO Access Area
  can now view borrower data in Meteor. MYF is a
  Meteor access provider, authenticating school
  users so they can access Meteor data without
  establishing a separate login. School access is
  the first collaborative effort between MYF and
  Meteor. MYF volunteers and Meteor advisory and
  technical team members are working on other
  projects, including displaying Meteor data for
  borrowers during their exit counseling sessions
  on MYF. The joint team is developing a proof of
  concept for this project and then will look to do
  a pilot with one or more schools.

6
MYF Online Student Loan Counseling

• Through our sponsorship of Mapping-Your-Future,
  the following online student loan counseling is
  available to your institution free of charge
• Stafford Entrance Counseling
• Stafford Exit Counseling
• Perkins Entrance Counseling
• Perkins Exit Counseling
• Stafford and Perkins Combined Entrance Counseling
• Stafford and Perkins Combined Exit Counseling
• Orientacion de admision del Prestamo Stafford
• Orientacion de salida del Prestamo Stafford
• Federal Nursing Loan Program Entrance Counseling

For more information on how to utilize these free
services, contact your Outreach Representative!
7
Mapping Your Future Chat Events

• October 25, 2005, 6 - 9 p.m. Eastern - Default
  Prevention Chat Night sponsored by Georgia
  Student Finance Commission
• November 15, 2005 - Managing your student loans,
  including repayment options, consolidation, and
  cancellation
• January 17, 2006 - Financial aid and the FAFSA
• March 21, 2006 - Applying to and paying for
  college (including student loans)
• May 16, 2006 - Financial aid and managing student
  loans and consumer debt
• August 15, 2006 - Managing your student loans,
  including repayment options, consolidation, and
  cancellation

All chats are scheduled from 7 8 p.m. (unless
otherwise specified).
8
Disaster Guidance

• In an effort to help institutions serving
  students displaced by Hurricane Katrina,
  resources are available on the Department of
  Education Web site with the aim of getting
  supplies to those schools accommodating affected
  students. The page can be accessed at
• http//www.ed.gov/katrina
• NASFAA also has a contact site for those who want
  to help students impacted by the hurricane and
  will also serve as a forum where schools,
  companies, organizations and individuals can come
  together to offer assistance. Furthermore,
  institutions, companies and organizations
  accepting students and supplies are encouraged to
  fill out the "needs" section of the site to help
  expedite the donation process. For additional
  information, visit
• http//www.nasfaa.org/linklists/katrina.html
• http//www.nasfaa.org/katrina.asp

9
Disaster Guidance
continued

• Many schools are helping students transfer from
  institutions impacted by Hurricane Katrina to
  their own institution so that these students can
  continue -- and in many cases begin -- their
  postsecondary educations. Federal Student Aid
  explains in this announcement how it can support
  these efforts by facilitating the transfer of
  FAFSA information. For more information, visit
• http//www.NASFAA.org/publications/2005/ea3rdkatri
  na091205.html
• Federal Student Aid also has four FAQs on
  Hurricane Katrina issues addressing
• Postsecondary Schools
• Students and Parents
• Federal Direct Loan Borrowers
• FFEL Borrowers

10
Disaster Guidance
continued

• On September 2, 2005, Governor Bush issued a
  memorandum addressing Section 1004.07, Florida
  Statutes that requires that Florida public
  universities, colleges, and community colleges
  extend to members of the Florida National Guard
  (that have been called to Active Duty) the option
  of either completing courses at a later date in
  which they enrolled without penalty or
  withdrawing from the courses in which they are
  enrolled with a full refund of fees paid. (See
  DOE OGC Op. 04-06)- Section 250.01(21), Florida
  Statutes, make it clear that the Guard's service
  to our State during this emergency is "active
  military service" within the meaning of the
  statute. Please ensure that all relevant
  personnel are complying with these statutes and
  ask faculty to assist soldiers enrolled in
  courses to make-up coursework.

11
Disaster Guidance
continued

• The counties that have been impacted by Hurricane
  Katrina are as follows
• Florida - FEMA currently has no counties listed
  for individual assistance. 
• Louisiana - The parishes of Acadia, Ascension,
  Assumption, Calcasieu, Cameron, East Baton Rouge,
  East Feliciana, Iberia, Iberville, Jefferson,
  Jefferson Davis, Lafayette, Lafourche,
  Livingston, Orleans, Pointe Coupee, Plaquemines,
  St. Bernard, St. Charles, St. Helena, St. James,
  St. John, St. Mary, St. Martin, St. Tammany,
  Tangipahoa, Terrebonne, Vermillion, Washington,
  West Baton Rouge, and West Feliciana. 
• Mississippi - Amite, Forrest, George, Greene,
  Hancock, Harrison, Jackson, Lamar, Marion, Pea
  River, Perry, Pike, Stone, Walthall, and
  Wilkinson. 
• Alabama - Baldwin, Mobile, and Washington.  

Additional designations may be made after further
evaluation. We will keep you posted!
12
Allowable Fees

• The Florida Bright Futures Scholarship Program
  and the Children of Deceased or Disabled Veterans
  Scholarship Program cover fees included in the
  cost per credit hour charged to all students at
  the postsecondary institution. The following
  fees, charged individually or by block and
  presently reported by the State University System
  and Division of Community Colleges, are included
  in the 2005-06 students cost per credit hour
• Access and Transportation
• Activity and Service
• Athletic
• Building
• Capital Improvement
• Financial Aid
• Health
• Technology
• In addition, the 2004 Legislature passed Senate
  Bill 2810 permitting state universities to
  increase athletic fees up to 2.00 per credit
  hour to defray costs associated with changing
  athletic divisions within the National Collegiate
  Athletic Association. Section 1009.24, Florida
  Statutes, provides for a cap on the amount of
  this fee assessed to Bright Futures.  OSFA
  computes the allowable amount for institutions
  reporting such fee.

13
Upcoming State Program Deadlines

• September 30
• GH Report deadline for current summer term for
  Bright Futures students ineligible for renewal
  after Spring evaluation
• September/October
• Term 1 Disbursement Eligibility Report (DER) due
  to OSFA 30 days after the last day of the PSIs
  drop/add
• October 30
• Participating PSI disbursement deadline for the
  William L. Boyd, IV, Florida Resident Access
  Grant (FRAG) for Term 1
• November/December
• Term 1 refund/reconciliation due to OSFA 60 days
  after the last day of the PSIs drop/add
• December
• Bright Futures Academic Top Scholars Awards
  listed on Master Eligibility List (MEL)
• Program allocations requested for eligible
  institutions for Term 2
• Term 2 pro-ration information (if applicable)
  sent for FRAG and ABLE Programs
• Florida Financial Aid Application for Students
  available online for next academic year

14
EAC Conferences

• Federal Student Aid invites you and your
  colleagues to join them at one of their two
  Electronic Access (EAC) Conferences. The
  conferences are being held at the Manchester
  Grand Hyatt in San Diego, California from October
  30 to November 2 and at the Marriott Marquis in
  Atlanta, Georgia from November 29 to December 2,
  2005. These conferences provide updates and
  training on Federal Student Aid's application,
  eligibility and delivery services and focus on
  issues related to the administration of Title IV
  programs. With over 4,000 attendees expected this
  year, the annual EAC is a "can't-miss"
  opportunity. Mark your calendar now for four days
  of education, career development, networking and
  more! For current information on registration,
  sessions and agenda, visit www.ifap.ed.gov and
  click on FSA conferences in the left-hand column.
• Please note FSA has canceled the 2006 Spring
  Conference. It noted that the scope of the Spring
  Conference has changed and the program has
  evolved to incorporate most of the training
  already provided at the two fall Electronic
  Access Conferences.

15
NASFAA Fall Training

• NASFAA is pleased to announce plans for their
  2005 NASFAA Fall Training on "Administrative
  Capability Campus-Wide Compliance. There are
  multiple locations within the SASFAA region.
  Please visit the NASFAA website for further
  details.

16
FASFAA Dates to Remember

• October 6, 2005
• FASFAA Region I Fall Workshop
• Marianna
• October 11, 2005
• FASFAA Region VI Fall Workshop
• Location TBD
• October 12, 2005
• FASFAA Region V Fall Workshop
• West Palm Beach
• October 13, 2005
• FASFAA Region III Fall Workshop
• Kissimmee
• October 26 - 28, 2005
• FASFAA Fall Training Conference
• Orlando
• November 16, 2005
• FASFAA Region IV Workshop
• St. Petersburg  

For more information on these events, and other
future scheduled events, visit the FASFAA
website, and click on calendar
17
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.

18
Philosophy

• As a public agency, OSFA has the ability to offer
  its partners and customers something few
  guarantors can the ability to shape OSFA
  programs and services based on their specific
  concerns. Earnings generated from OSFAs loan
  programs are used to help fund scholarship and
  grant programs, financial aid workshops and
  publications, and to provide better services for
  our participants. When schools and students
  choose to use the OSFA guarantee for student
  loans, they are actually helping countless other
  needy and deserving students by investing in
  education programs. So, if a participant has a
  problem or suggestion, OSFA management listens
  and does whatever it takes to implement a
  solution that meets their needs. Public dollars
  deserve that kind of accountability in education
  finance.

19
Outreach Team Contact Information

• Ernest Smith, Director of Market Development
• 850-322-6498
• Jacqueline Hill, Default Prevention Manager
• 850-212-1108
• Lori Auxier, Manager of Outreach Services
• 850-212-2997
• Karen Hurrell, Senior Outreach Representative
• 904-745-3091
• Stephanie Durdley, Outreach Representative
• 850-322-6219
• Kelly Bernhardt, Outreach Representative
• 850-277-2331
• Robin Blank, Outreach Representative
• 850-264-6008

20
Regional Contact Information

• Lori Auxier
• Manager of Outreach Services
• 850-212-2997
• Lori.auxier_at_fldoe.org