NASFAA Conference Attendees Share the Latest in College Financial Aid
Posted By Carrie Wiley on July 11, 2016 at 11:05 am
Financial aid professionals from around the U.S. have come together this week for the 50th anniversary conference of the National Association of Student Financial Aid Administrators (NASFAA). The purpose: To share the latest happenings in the industry, network with colleagues and gather new valuable resources to take back to their schools.
More than 3,000 attendees from the financial aid community, including a team from GoodCall, are expected at the four-day conference at the Marriott Wardman Park in Washington, D.C. Featured speakers include author Jeanette Walls, U.S. Under Secretary of Education Ted Mitchell and others.
Conference sponsors include Discover Student Loans, Inceptia, College Ave, Sallie Mae and more. Learn more about the conference by clicking here.
Sessions cover a range of topics spanning leadership and communication, compliance, regulatory implementation, enrollment and retention (admissions), research and graduate/ professional issues.
This year’s event is marked by the unveiling of NASFAA’s Compliance Engine – a tool designed to help financial-aid administrators with several tasks, including:
- Managing their schedules by centralizing compliance and policies and procedures data in one online home.
- Inspiring interdepartmental collaboration by assigning tasks and deadlines and facilitating the ability to monitor completion.
- Reinforcing administrators’ ability to protect their institutions, as well as the students and families they serve, from issues that might crop up in audits or program reviews.
“The engine is a project management tool for compliance,” says Laura Aberant, web content specialist for NASFAA. “It’s a really collaborative tool that allows you to connect different departments, for example, admissions and financial aid.” The tool is free for NASFAA members and memberships are at the institutional level, so a membership at a school qualifies use for all individual members at that school.
NASFAA is reporting great reviews for the compliance engine. Justin Chase Brown, director of scholarships and financial aid for the University of Nebraska–Lincoln, watched a demonstration and said many features of the new technology can help alleviate some of the burden financial aid administrators feel. “The Compliance Engine looks like a great way to be able to organize the ways you’re keeping compliant with all of the regulations – everything is all compiled in one place,” Brown told NASFAA. “I love the way you can assign tasks to people, because one of the hard things about being a financial aid director is you’ve got all of these Title IV compliance areas, and they’re not all necessarily directly related to financial aid. Being able to assign tasks to other folks is a great way to monitor what’s being done and give them the opportunity to put in their comments.”