Summer Aid Issues

Date recorded: June 10, 2015
Duration: 90 minutes
Site License: Free to Members
Available until: November 10, 2015

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This webinar will provide an overview of some of the basic concepts related to awarding and disbursing Title IV aid for summer. The topics discussed will include:

  • Important issues to consider first when awarding summer aid;
  • Selecting summer program formats;
  • Selecting the award year EFC;
  • Prorating summer EFCs;
  • Calculating summer COAs; and
  • Determining enrollment status.

This is a great opportunity to review your policies and ensure compliance. 

Webinar Goals:

The goals of this training are to:

  • Review major concepts related to awarding and disbursing summer financial aid; and
  • Provide resources for schools to use when awarding and disbursing summer aid.
  • Learn about the challenge and appeals processes

What Participants Will Receive:

What Participants Will Receive: Resources and handouts on the following topics will be available to participants via the Webinar Event Lobby and the On-Demand Webinar Center on the NASFAA website:

  • Important Issues to Consider
  • Summer Aid Evaluation Checklist
  • Funds Management
  • Program Formats for Summer
  • Selecting the Appropriate Year Need Analysis for Cross-Over Payment Periods
  • Calculating and Prorating Summer EFC's
  • Calculating and Prorating the Cost of Attendance for Summer
  • Determining EFA and Other Resources
  • Determining Enrollment Status 

Audience:

  • Financial aid administrators, Business office staff

Presenters:

  • Tiffany Gibbs, Training Specialist, NASFAA
  • Debra La Grone, Training Specialist, NASFAA

Moderator:

  • Jennifer Martin, Director of Training Initiatives, NASFAA