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The W’s of Consumer Information. Summer Conference, 2010. NEVER FEAR WE’RE HERE!. We will talk about:. What to Disclose When to Disclose To Whom to Disclose. We will answer:. What is Consumer Information? How do I disclose it? Where can I get more info?. What is Consumer Information?.
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The W’s of Consumer Information Summer Conference, 2010
We will talk about: • What to Disclose • When to Disclose • To Whom to Disclose
We will answer: • What is Consumer Information? • How do I disclose it? • Where can I get more info?
What is Consumer Information? • Consumer Information in general is information about the institution that must be disclosed to prospective and enrolled students and employees.
What Must be Disclosed • Notice of Availability of Institutional and Financial Aid Information • Contact Information for Assistance in Obtaining Institutional or Financial Aid Information • General Institutional Information • Student Financial Assistance • Student Outcomes
Continuation of What Must be Disclosed • Health and Safety • Voter Registration • Constitution Day • Plans the Institution has for Program Improvements
Suggestions on Disclosure • Student Handbook • School Website • Consumer Information Brochure • Consumer Information Guide • Financial Aid Policies and Procedures • Professional Development for Employees • Board Policies and Procedures
Suggestions Continued Focus on compliance and communication Develop a single web page on the institution’s website that provides hyperlinks to the HEA disclosure information Adopt a “3-click” approach Use consumer-friendly labels and language whenever possible Use a common set of content titles
When to Disclose • The final regulations are effective July 1, 2010 • Note: Some regulations were effective August 14, 2008 and October , 2009 – It’s never too late to implement • Net-price Calculator has to be implemented no later than October, 2011
References • 2009-10 FSA Handbook Volume 2, Chapters 4 & 6 • FSA Assessments on IFAP web site • www.ifap.ed.gov • Information Required to be disclosed under the Higher Education Act of 1965 • http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2010831 rev
Additional Resources • Website for Career Tech Financial Aid Professionals www.eoctech.org/CTFAP/ THANKS JANIE!!!!!!
Consumer Information Exclusions for Career Techs Transfer-out Rates Teacher Preparation Athletic Related Items Missing Person Notification Fire Safety Report and Log Graduate and Professional Education
Thanks for coming Contact information: Rosalind Martin, Metro Tech Phone: (405) 595-4437 e-mail: rosalind.martin@metrotech.org Melinda Simpson, Southern OK Tech Phone: (580) 224-8235 e-mail: msimpson@sotc.org