News to Know

1
News to Know

• December 2005
• Office of Student Financial Assistance
• Florida Department of Education

2
Web Enabled Front End System

• OSFA has rolled out the new Web Enabled Front End
  System! If you are currently guaranteeing your
  loans through NWRDC, contact your OSFA Outreach
  Representative today to get online with the new
  Front End. With the new Front End, you still
  receive INSTANT guarantee notification and can
  also enter for multiple campus branch codes
  through one user id/password assigned to your
  institution. This is a great benefit if you are a
  multi-campus operation and dont like juggling
  multiple sign-ons through your current setup!

3
DOE Customer Survey

• At the end of each email you receive from a
  Department of Education employee, there is a link
  to the DOE Customer Survey. Please take a few
  minutes to provide feedback on the quality of
  service you received from your DOE Contact. The
  Department of Education values your feedback as a
  customer and Commissioner John L. Winn is
  committed to continuously assessing and improving
  the level and quality of services provided to you
  by Department staff. Thank you in advance for
  completing the survey. 

4
Loan Originations Staff

• Please join us in welcoming the newest additions
  to the Loan Originations Unit! The Loan
  Originations staff are here to serve our School
  and Lender Partners and are available to assist
  you in all aspects of the loan guarantee process.
  See below for their updated contact information
• Allie Willis, 850-410-5243 office, 850-942-8017
  fax, allie.willis_at_fldoe.org
• Debby Terfinko, 850-410-5245 office, 850-942-8017
  fax, debby.terfinko_at_fldoe.org
• Tammy Lynn, 850-410-5259 office, 850-942-8017,
  tammy.lynn_at_fldoe.org
• Gianetta James, 904-696-5969 office, 904-696-5969
  fax, gianetta.james_at_fldoe.org
• Sarada Posinasetty, 850-245-1839 office,
  850-942-8017 fax, sarada.posinasetty_at_fldoe.org
• Karen Hurrell, 904-745-3091, 904-745-3092 fax,
  karen.hurrell_at_fldoe.org
• Tom Mims (Director), 850-410-6211 office,
  850-942-8017 fax, tom.mims_at_fldoe.org

5
State Aid and Residency Requirements

• The state aid and Bright Futures eligibility
  requirements are based on Florida residency for
  tuition purposes. Therefore, if an institution
  has classified the student as resident (i.e.,
  Florida residency for the requisite 12-month
  period prior to enrollment) then the student is
  eligible for state aid, including Bright Futures.
• This includes students that are on an H-4 visa
  and have established Florida residency for
  tuition purposes.

6
The Talented 20 Program

• The Talented 20 Program provides a way for
  students to be admitted to a university in the
  state of Florida. Students eligible for the
  Talented 20 Program are guaranteed admission to
  one of eleven universities and are given priority
  for the awarding of funds from the Florida
  Student Assistance Grant, a need-based student
  assistance program. Florida is the only state in
  the nation to guarantee admission to its public
  high school students graduating in the top 20
  percent of their class. Students must have
  completed the required 19 academic credits and
  have either an SAT or ACT score (no minimum is
  required). Refer to page 73 of the SSFAD Guide
  for Postsecondary Institutions for instructions
  on downloading the Talented 20 FSAG Recipients
  list.

7
State Programs Loan Default Eligibility Policy
(2004 34)

• Policy Statement
• To be eligible for an award, an applicant must
  not be in default on any state loan program or
  any federal Title IV loan program, unless
  satisfactory arrangements have been made to repay
  the loan. A loan is any financial assistance for
  educational costs and has specific repayment
  conditions outlined in a promissory note. This
  policy applies to ALL state programs.
• Loan Default
• A default is a failure on the part of a borrower
  to repay a loan in accordance with the terms and
  conditions of a promissory note or a payment
  schedule accepted by the lender.
• Satisfactory Arrangements to Repay
• The lender or holder of the loan determines what
  constitutes satisfactory arrangements to repay.

To view the Defaulted State Loan Recipients
visit, www.floridastudentfinancialaid.org, click
on Post-Secondary Institutions, click on
Defaulted State Loans. You must enter your SSFAD
user id/password to download the file in either
excel or .pdf format.
8
Upcoming State Program Deadlines

• 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
• January
• Term 2 DERs due 30 days after the PSIs last day
  of drop/add
• OSFA begins collecting FAFSA/ISIR data from USDE
• Florida Financial Aid Application for Teachers
  available online for for next academic year
  funding

9
Enrollment Reporting Guide

• NSLDS released the newest version of the
  Enrollment Reporting Guide (dated October 2005).
  If you have not downloaded your copy, you may
  retrieve on the IFAP website under the NSLDS
  Reference Materials link.
• The guide details the enrollment reporting
  process and provides step-by-step instructions
  for using the NSLDS Web site, including how to
  log on, navigate the site, report and update
  student enrollment, and create and modify
  reporting schedules. The guide also includes the
  layout for Enrollment Reporting roster files and
  error files, as well as error codes and
  explanations. If you have questions or need
  assistance, please contact the NSLDS Customer
  Service Center at 1-800-999-8219 or via email at
  NSLDS_at_pearson.com.

10
Florida College Goal Sunday

• In Florida, the first College Goal Sunday will be
  held February 19th, 2006. Financial Aid
  counselors will be on hand at 20 of Floridas
  community college campuses to assist students in
  every aspect of the FAFSA application process.
  For more information, or to volunteer at a
  location near you, please visit their website.

11
Integrated Common Manual

• The Integrated Common Manual has been updated and
  is now available on the NCHELP website. Bookmark
  this site as a favorite today!

12
NASFAAs Financial Aid Night and Counselors
Materials

• NASFAA's Financial Aid Night and Counselor's
  Materials, updated for 2006-07, are now available
  on-line. These materials were developed for
  financial aid administrators, high school
  counselors, and other interested persons to use
  when conducting financial aid night presentations
  and when counseling students and parents on the
  student financial aid process.

13
LEARNSTUDENTAID.ORG

• Enrollment is now open for enrollment in the
  LearnStudentAid course series "Financial Aid
  Fundamentals" that starts in January 2006. Since
  January is a very busy time at many institutions,
  you may be wondering whether you or your staff
  members should commit to this training at this
  time of year. There is a major advantage to
  starting in January in the four-course series
  you will have a total of 4½ months to complete
  the four courses. To learn more about the time
  requirements, courses, and enrollment procedures,
  visit their website. Pay particular attention to
  the documents under "Help," especially the
  LearnStudentAid.org "Frequently Asked Questions."

14
PLUS/SLS Variable Interest Rate for 2006

• Due to the wording of the promissory notes, some
  loans are subject to a calendar-year adjustment
  of the variable interest rate, based on the
  91-day Treasury Bill method that existed in
  statute section 427A(c)(4) prior to enactment
  of the Higher Education Technical Amendments Act
  of 1987 (Pub. L. 100-50). Accordingly, the
  variable interest rate for calendar year is
  6.85.
• Please note this rate applies only to PLUS/SLS
  promissory notes that provide for a calendar year
  adjustment based on the 91-day Treasury Bill.

15
2006-2007 EFC Formula Guide

• The 2006-2007 EFC Formula Worksheets and Tables
  are available on the NASFAA website.

16
2006-2007 Verification Worksheets

• The 2006-2007 Verification Worksheets are now
  available on-line.
• The use of the federal verification worksheets is
  not required. An institution may use a worksheet
  of its own design, or no worksheet at all. An
  institution may also require other documentation
  in addition to, or instead of, a completed
  verification worksheet.

17
MYF Chat Events

• Chat Schedule  
• 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 chat events are scheduled for 7-8 PM (EST)
  and more information is available on the MYF
  Website.

18
Loan Counseling Powered by MYF

• Lender Partners that are Friends of Mapping Your
  Future (MYF) can use MYFs proven Online Student
  Loan Counseling model and technology to develop
  loan counseling sessions for their alternative
  loan programs. This program is available for a
  minimal fee, in addition to the annual membership
  dues. If you're interested in Loan Counseling
  Powered by MYF, contact CariAnne Behr at
  CariAnne.Behr_at_mapping-your-future.org or (573)
  634-8641 for more information.

19
FASFAA Dates to Remember

• FASFAA Clock Hour Schools Workshop
• February 8-10, 2006, Mt. Dora, Florida
• SASFAA Annual Conference
• February 12-15, 2006, Greensboro, NC
• New Aid Officers Workshop
• February 22-24, 2006, Safety Harbor, Florida
• Experienced Aid Officers Workshop
• March 1-3, 2006, Safety Harbor, Florida
• Graduate/Professional Workshop
• March 3, 2006, Safety Harbor, Florida
• 2006 SFA Spring Conference
• April 5-7, 2006, San Antonio, Texas
• FASFAA Spring 2006 Conference
• June 7-9, 2006, Fort Myers, Florida

For more information on these events, and other
future scheduled events, visit the NEW FASFAA
website.
20
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.

21
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.

22
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
• Stephanie Durdley, Outreach Representative
• 850-322-6219
• Kelly Bernhardt, Outreach Representative
• 850-277-2331
• Robin Blank, Outreach Representative
• 850-264-6008
• Armando Salas-Amaro, Outreach Representative
• 850-321-6882

23
Regional Contact Information

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

24

• The Florida Department of Education, Office of
  Student Financial Assistance (OSFA), wish you a
  joyous and prosperous Holiday Season!

25
Closing

• Confidence in the institutions ability to
  determine our integrity, character, and
  truthfulness is of the utmost importance to OSFA.
  The Office of Student Financial Assistance wants
  to know and deliver what you seek in a partner.
  You have the right to choose. Together, we have
  the power to make a difference. Trust the Office
  of Student Financial Assistance to help you help
  your students. They are our future.