Overheard NAFSAA Annual Meeting | July 18–21, 2010, Denver, CO
Schools can’t wait to see their competitors’ net price calculators.
Net price calculators could lead to an expansion of merit based aid. Getting the data for your net price calculator is the hard part. Once you have it, you can jerk it in all directions. | Larry Chambers,Director Student Services, Ithica College
Do not exclude late FAFSA filers, veterans or athletic scholarship recipients from your net price calculator. The more customized it is, the more students and families it will serve. | Lefter Daku, Associate Director of Financial Aid, Virginia Polytechnic Institute
The net price calculator we select has to be really accurate because our peer institutions are so competitive, and students and their parents will be carefully comparing outcomes. Schools will be quite interested to see the results of their competitors’ calculators. | Christen O’Connor, Assistant Director Financial Aid, Dartmouth College
The net price calculators we’ve seen demonstrated so far don’t apply to divorced or separated parents—a significant portion of our applicant pool. | Christen O’Connor, Assistant Director Financial Aid, Dartmouth College
In the past we tried to tell students everything we know about money. Confusing? YES. Overwhelming? ABSOLUTELY. | Julie Selander, Associate Director One Stop, University of Minnesota-Twin Cities
FAAs are either retired... or overworked.
Every FAA that I knew who could retire got out. The rest are overworked. | Jocelyn Trotman, Financial Aid Director, Drake State Technical College
We used to have silos everywhere in my office. We revamped the organizational structure based on measured weaknesses. | Ron Day,Director of Financial Aid, Kennesaw State University
Sticker shock and financial illiteracy were causing prospective students to decide that University of Minnesota was beyond their reach. So we developed our “live like a student” campaign. | Julie Selander,Associate Director One Stop, University of Minnesota-Twin Cities
Academic departments understand that cancelling classes after students have received their aid can be very expensive. We disburse financial aid ten days before school begins. So, if summer classes are dropped by academic departments due to insufficient enrollment, recalculation of Pell eligibility is often required. | Diane Flemming, Associate Director, Central Michigan University
At Valencia we delay aid disbursement until the 21st day of the term. The proposed new rules say we must make money for books and supplies available within 7 days. That will be problematic. | Brad Honious,Director Financial Aid & Veterans Affairs, Valencia Community College
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Today’sCampus 47
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