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Session FS1. Orientation to the FSA Training Conference. Marcia Fediw and Mike Stein | Nov.-Dec. 2017 U.S. Department of Education 2017 FSA Training Conference for Financial Aid Professionals. AGENDA. Welcome and i ntroductions Recommended s essions
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Session FS1 Orientation to the FSA Training Conference Marcia Fediw and Mike Stein | Nov.-Dec. 2017 U.S. Department of Education 2017 FSA Training Conference for Financial Aid Professionals
AGENDA • Welcome and introductions • Recommended sessions • Multi-Regional and Foreign School Participation Division • U.S. Department of Education (ED) structure and roles • Institution participation data • Key functions of the Foreign Schools Team
AGENDA • Method of payment • Other activities • Technical assistance • New Foreign School Audit Guide
RECOMMENDED SESSIONS • Foreign Schools • All Foreign school sessions on Monday, Tuesday, and Wednesday • General sessions • Welcome and Federal Update • Breakout sessions • Assuring Quality: Satisfying the Direct Loan Requirement 34 CFR 685.300(b)(9) • Professional Judgment: Did You Know? • Administering Disbursements
RECOMMENDED SESSIONS • Breakout sessions • Basics of Determining Academic Calendars (Standard, Non-Standard, and non-Term) • Regulatory Relief Listening Sessions • Cash Management Regulations Overview • How Modules Can Affect Title IV • How to Detect and Deter Federal Financial Aid Fraud • Financial Aid Boot Camp for New Financial Aid Directors
U.S. DEPARTMENT OF EDUCATION • www2.ed.gov/about/offices/or/index.html
FEDERAL STUDENT AID • An OFFICE of the U.S. DEPARTMENT of EDUCATION • Chief Operating Officer (Dr. A. Wayne Johnson) appointed by the Secretary of Education • Policy Liaison • Technology • Finance • Performance Management • Customer Experience • Risk Management
FEDERAL STUDENT AID • Administrative Services • Acquisitions • Business Operations • Federal Loan School Support Team • Training Officers • Program Compliance • Multi-Regional and Foreign School Participation Division
PARTICIPATION DATA • Participating Institutions • Domestic 5,512 • Foreign 396 • 2015–2016 Award Year Funding • Domestic $124 Billion • Foreign $1 Billion • Foreign Funding by School Type • For-Profit 63% • Non-Profit 10% • Public 27%
PARTICIPATION DATA • 396 Institutions • 38 Countries • 24,560 Students • $1 Billion annually • Foreign CDRs (Sector rates) • FY2013 (3-yr): 3.6% • FY2012 (3-yr): 3.3% • FY2011 (3-yr): 3.8%
METHOD OF PAYMENT • Refers to the way an institution receives Title IV, HEA program funds • Advance Payment • Heightened Cash Monitoring 1 (HCM1) • Heightened Cash Monitoring 2 (HCM2)/Reimbursement • HCM1, HCM2, and Reimbursement used to mitigate risk and protect Title IV, HEA funds • Secretary’s discretion
OTHER ACTIVITIES • Coordinate new school onboarding with Federal Loan School Support Team • Electronic announcements and updates to Foreign SchoolsInformation Page on ifap.ed.gov • International Schools Page on StudentAid.gov • SAIG enrollment transition
OTHER ACTIVITIES • Data analysis and consultation with policy makers: • National Committee for Foreign Graduate Medical Education and Accreditation (NCFMEA) • Office of Postsecondary Education (OPE) • Office of Inspector General (OIG) • Government Accountability Office (GAO) • Internal projects • Common Origination and Disbursements (COD)
TECHNICAL ASSISTANCE • Institutional assistance services • Self-paced online tools • Foreign Schools Assessments • FSA Coach for Foreign Schools • One-on-one assistance • Referral to subject matter experts
ED-OIG NON-FEDERAL AUDIT TEAM Responsible for assuring the quality and usefulness of the non-Federal audit process: • Oversee Quality Control Review (QCR) process • Provide technical assistance • Issue Audit Guides Team Mailbox: oignon-federalaudit@ed.gov
FOREIGN SCHOOL AUDIT GUIDE New Foreign School Audit Guide undergoing review: • Statutory and regulatory changes effective July 1, 2017 • Standard Engagement changed to an audit • Changes to auditing standards made them more robust and focused on compliance audits • Presumptively Mandatory Procedures • Perform procedure unless ineffective, document reasons for departure Once issued, the guide will be available at: OIG Non-Federal Audit website
CONTACTS • Email: FSA.Foreign.Schools.Team@ed.gov • Phone: 202-377-3168 • Fax: 202-377-3486 • Mail: U.S. Department of Education Multi-regional and Foreign School Participation Division Union Center Plaza, 7th Floor 830 First Street, NE Washington DC, 20202 (20002-5340 if Overnight/Courier)
SCHOOL ELIGIBILITY SERVICE GROUP (SESG)Ron Bennett - Director, School Eligibility Service Group, Washington, DC 202-377-3181School Eligibility Service Group General Number: 202-377-3173 or email: CaseTeams@ed.gov Or call the appropriate School Participation Division manager below for information and guidance on audit resolution, financial analysis, program reviews, school and program eligibility/recertification, and school closure information. New York/Boston School Participation Division Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, New Jersey, New York, Puerto Rico, Virgin Islands Betty Coughlin, Director 646-428-3737 Tracy Nave – Boston 617-289-0145Jeremy Early– Washington, DC 202-377-3620Chris Curry – New York 646-428-3738 Philadelphia School Participation Division District of Columbia, Delaware, Maryland, Pennsylvania, Virginia, West Virginia Nancy Gifford, Director 215-656-6436 Steven M. Marcucio – Philadelphia 215-656-5554 Sherrie Bell– Washington, DC 202-377-3349 Multi-Regional and Foreign Schools Participation Division Michael Frola, Director 202-377-3364 Joseph Smith − Washington, DC 202-377-4321 Mark Busskohl – Washington, DC 202-377-4572 Michelle Allred – Dallas 214-661-9466 Julie Arthur – Seattle 206-615-2232 Atlanta School Participation Division Alabama, Florida, Georgia, Mississippi, North Carolina, South CarolinaChristopher Miller, Director 404-974-9297 Vanessa Dillard – Atlanta 404-974-9418 Dallas School Participation Division Arkansas, Louisiana, New Mexico, Oklahoma, Texas Cynthia Thornton, Director 214-661-9457 Jesus Moya – Dallas 214-661-9472 Kim Peeler – Dallas 214-661-9471 Kansas City School Participation Division Iowa, Kansas, Kentucky, Missouri, Nebraska, TennesseeRalph LoBosco, Director 816-268-0440Dvak Corwin – Kansas City 816-268-0420 Angela Beam – Kansas City 816-268-0534 Jan Brandow – Kansas City 816-268-0409 Chicago/DenverSchool Participation Division Illinois, Minnesota, Ohio, Wisconsin, Indiana, Colorado, Michigan, Montana, North Dakota, South Dakota, Utah, WyomingDouglas Parrott, Director 312-730-1532 Brenda Yette – Chicago 312-730-1522 Sarah Adams − Chicago 312-730-1514 San Francisco/Seattle School Participation Division American Samoa, Arizona, California, Guam, Hawaii, Nevada, Palau, Marshall Islands, North Marianas, State of Micronesia, Alaska, Idaho, Oregon, WashingtonMartina Fernandez-Rosario, Director 415-486-5605 Gayle Palumbo − San Francisco 415-486-5614 or Seattle 206-615-3699 Dyon Toney − Washington, DC 202-377-3639 Erik Fosker – San Francisco 415-486-5606