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News to Know

News to Know. August 2004. OFFICE OF STUDENT FINANCIAL ASSISTANCE Florida Department of Education. OSFA Training Sessions. OSFA is pleased to announce that we will be touring the state in October with a series of FREE Training Workshops on a variety of both State Program and FFELP Topics.

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News to Know

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  1. News to Know August 2004 OFFICE OF STUDENT FINANCIAL ASSISTANCE Florida Department of Education

  2. OSFA Training Sessions • OSFA is pleased to announce that we will be touring the state in October with a series of FREE Training Workshops on a variety of both State Program and FFELP Topics. • As we are still in the planning stages, please feel free to contact your Outreach Team Representative with any ideas that you have regarding topics or locations!

  3. Contract Updates • OSFA is pleased to announce that we have begun the process of implementing the contractual relationships with PTI and R&B Solutions. We will provide updates as we progress. Look for more information at the November, FASFAA Fall Conference!

  4. NASFAA Conference • Thank you to all of the Conference participants who stopped by and visited with Lori and Stephanie at the Mapping Your Future booth at last month’s NASFAA Conference. As a proud sponsor of the Mapping Your Future organization, we gladly worked with the MYF staff in the vendor area to promote both OSFA and Mapping Your Future!

  5. FAPSC Conference • Thank you to all of the Conference participants who stopped by and visited with Jackie and Armando at the OSFA booth during last month’s FAPSC Conference. Also, congratulations to Romeo Liong-A-SAN, FMU Business Manager, for winning the OSFA raffle prize during the FAPSC Conference!

  6. State Program Update • State Programs currently has no immediate program deadlines. We have processed requests for funding on schedule and anticipate the collection of your program disbursement reports 30 days after your institution’s last day of drop/add. Should any of your fall term dates change, please inform our Institutional Eligibility Director, Barb Dombrowski at 850-410-5191.

  7. SSFAD Enhancements • As many of you already know, Bright Futures reporting has moved over to the SSFAD Reporting System for 2004/2005! • If you need additional training on these new enhancements, or an updated SSFAD Guide, contact your Outreach Team Representative today!

  8. OSFA July NSLDS Reporting • OSFA's monthly submission for July 2004 was transmitted to NSLDS on 7/28/04. • Updates to NSLDS from July’s submission appeared on NSLDS on 7/29/04. • Data contained in July’s submission reflects data extracted from our system on 7/26/04. • OSFA’s SMRY screen has been "refreshed" and now displays the current NSLDS loan statuses. • The August NSLDS submission will be processed by NSLDS on 8/25/04.

  9. Blanket Guarantee Agreement • Wachovia/Educaid, Lender Code 830005, has executed a Blanket Guarantee Agreement with OSFA. Under the Blanket Guarantee Agreement, a lender may disburse the first disbursement prior to receiving the guarantee. • Other Lenders interested in participating with OSFA under a BGA, can contact an Outreach Team member for more info!

  10. Disaster Assistance • Institutions affected by Hurricane Charley may refer to the Dear Colleague Letter issued by The U.S. Department of Education in February 2004 which provides guidance to assist Title IV participants, including students, borrowers, institutions, lenders, and guaranty agencies in the event they are impacted by a disaster. The DCL may be viewed at: • http://ifap.ed.gov/dpcletters/GEN0404.html

  11. Mapping Your Future • Mapping Your Future has posted their Chat Schedule for the 2004/2005 Academic Year. These live chats are a great way to speak to a counselor and have your questions answered -- all from the convenience of a computer! Topics range from completing the FAFSA, Loan Consolidation, Online Education, College Admissions, Debt Management Strategies, and More! You can view the Chat Schedule at: http://www.mapping-your-future.org/services/chatnight.htm

  12. Record Keeping Requirements • Many institutions outsource their record keeping, data reporting, and file storage duties to a third-party servicer of which some charge a fee for accessing student information. In light of this growing trend, school administrators must take steps to insure that Guarantors and Lenders are afforded access to school information upon request (and at no charge) pursuant to Federal Regulations (34 CFR 668.14(b)(7), 34 CFR 682.401(b)(20)). Where access to student information is coordinated by a third-party servicer, school administrators should designate an internal point of contact for lender and guarantor requests.

  13. Transcript Holds • Florida Statute 1009.95 (5) Delinquent Accounts states: No individual borrower who has been determined to be in default in making legal scholarship loan, student loan, or guaranteed loan repayments shall be furnished with academic transcripts or other student records until such time as the loan is paid in full and the default status has been removed.

  14. For more information on these upcoming events, check out the calendar on www.fasfaa.org Important Dates • October (TBA), 2004 - FREE OSFA Training Sessions • 11/1-11/4, 2004 - SFA Electronic Access Conference • 11/10 - 11/12, 2004 - FASFAA Fall Conference • 2/13 - 2/16, 2005 - SASFAA Annual Conference • 6/8 -6/10, 2005 - FASFAA Spring Conference • 7/3 - 7/6, 2005 - NASFAA Annual Conference

  15. 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 Florida’s 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.

  16. Employee Spotlight of the Month • Armando Salas-Amaro joined the Outreach Team in August 2003 after working at Miami Dade College for eight years in a variety of financial aid positions. He also has numerous years experience in federal tax return preparation. He constantly strives to learn and is currently enrolled in the Business Administration Doctoral Program at the University of Phoenix. He is also a Martial Arts expert and has earned the rank of 1st degree Black Belt (Shodan), 2nd degree Black (Nidan), and learned up to 3rd degree Black (Sandan). Even though his time is consumed due to his work schedule, doctoral projects, and research, he continues to make time to decipher the hidden secrets in the arts.

  17. Outreach Team Contact Information • Ernest Smith, Director of Market Development • 850-322-6498 • Jacqueline Hill, Default Prevention Manager and Outreach Representative • 850-212-1108 • Karen Hurrell, Senior Outreach Representative • 904-745-3091 • Lori Auxier, Outreach Representative • 561-434-3993 • Stephanie Durdley, Outreach Representative • 727-781-1056 • Armando Salas-Amaro, Outreach Representative • 305-267-5528

  18. Regional Outreach Representative Contact Information • Customer Service is our #1 Priority! Call us today! • Lori Auxier, OSFA Outreach Representative • 3715 Kirkwood Circle • Boynton Beach, FL 33436 • 561-434-3993 (office) • Lori.Auxier@fldoe.org

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