CAPFAA Newsletter

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  • ARRA and FWS

    Rules and Regs
    On October 9, 2009, the electronic announcement (EA) was posted pertaining to guidelines for mandatory reporting of the use of American Recovery and Reinvestment Act (ARRA) funds to pay for student earnings in the Federal Work-Study (FWS) program. For sc...
  • What Goes Into a Credit Score?

    General Updates
    We all know that credit scores are used as the basis for approval or denial when we apply for loans, credit cards or mortgages. You may have even seen a recent copy of your credit report from one of the three major credit reporting bureaus—TransUnion, E...
  • "A Picture is Worth 1,000 Words"

    General Updates
    Here is a collection of memories and photos from the December 2009 CAPFAA Winter Conference:http://www.capfaa.org/adobe/CAPFAA2009-2010Pictures.pdf ...
  • 2009-2010 NASFAA Self-Evaluation Guide Now Available

    Rules and Regs
    On March 18, 2010 NASFAA announced the completion of the 25th edition of the Self-Evaluation Guide (see article). Each year, the Association develops this tool for institutions to assist in preparation for required audits, for development of institutional...
  • 2010 EASFAA Conference

    EASFAA & NASFAA News
    The 44th annual conference of the Eastern Association of Student Financial Aid Administrators will be held May 16th-19th at the MGM Grand Hotel/Conference Center at Foxwoods (Mashantucket, CT). The title of this year's event is: "Financial Aid - A Grand ...
  • 2010 NASFAA Conference

    EASFAA & NASFAA News
    The National Association of Student Financial Aid Administrators annual conference will be held July 18th – 21st at the Colorado Convention Center in Denver, Colorado. The title of this year's event is: "Scaling New Heights/ Embracing Change.”  Deta...
  • 5 Things You May Not Know About the Cohort Default Rate (CDR) Calculation

    General Updates
      You are already aware of the CDR calculated for your institution each year, and you probably know the national CDR as well, but do you know what goes into this calculation?  Here are 5 things that you may not know that could help you manage future CDR...
  • A Summary of the PLUS Loan Auction Pilot Program

    General Updates
    ** We would like to thank Alex Muro for sharing with the membership the research he presented to the CAPFAA Executive Council on January 16, 2009. This report is based on research he's done to date.** IntroductionTitle VII of the College Cost Reduction ...
  • A Teachable Moment: Creating Educated Consumers via Education Debt Management

    General Updates
    When New York Attorney General Andrew Cuomo launched an investigation into the relationship between education lenders and college financial aid offices, many in the financial aid community were rightfully outraged that the questionable actions of a few pa...
  • Announcement from Gateway Community College

    Member News
    *CONGRATULATIONS STEVE* Steve McDowell, Associate Director of Financial Aid, received his Master degree in June from the University of Hartford.   Steve has just completed his first year in the financial aid office at Gateway Community College.  ...
  • Announcement from Higher Ed Strategies

    Member News
    Philip T. Malinoski, President of Higher Ed Strategies, LLC and Vice President of Miller/Cook & Associates, Inc. was recently quoted in a Newsweek Kaplan College Guide article titled, "How To Afford College Now."You can view the article online at, htt...
  • Annual Business Meeting

    Committee Updates
    Mountain Ridge is sprucing up the grounds, planting beautiful flowers, and firing up the grills to host our Annual Business Meeting on June 3rd, 2009.  The committee has ordered a spectacular day from Mother Nature so be sure to register online by May 15...
  • Annual Business Meeting

    Committee Updates
    The business meeting took place at the Mountain Ridge Resort in Wallingford on June 3rd.  Final count for registration was 89.  Since we signed a contract guaranteeing 100 persons, the bill was paid for that amount at $39.00/head.  Flo LaCroix made out...
  • Are You Financially Stable

    General Updates
    Ask yourself these questions to find out if you are financially prepared for your future....
  • Avocado & Artichoke dips

    Member News
    Avocado Feta (Dip)*Need a chip that can hold chunky pieces*2 avocados cut in chunks (avocados should not be overly ripe – hard to cut!)1 Tbsp olive oil1 Tbsp red wine vinegar (or balsamic)¼ cup red onion chopped½ cup feta cheese1-3 small tomatoes, cho...
  • Banking Security

    Banking & Lending
    Online Banking SecurityWatch out for fraudulent e-mails Always type URL directly into browser (instead of following a link) Check for ‘https’ and the lock icon in your browser Always log out versus simply closing the browser Be extra careful with publ...
  • Blogging about money and life: personal blogs tackle financial issues that matter to students

    General Updates
    Blogs aren’t only for spreading the latest celebrity gossip and staying current with the newest fashion trends. Many bloggers write about serious issues and share personal experiences and advice that can be useful to a wider audience.  Personal finance...
  • Book Review Poem- Federal Student Aid Handbook

    Member News
     Book Review  There is a book I read – almost every single day;You cannot buy it in a store – or even on eBay.This is not the type of book – you snuggle on your lap;The only place to find this book – is on your PC…IFAP. The Federal Studen...
  • Book Review: Skippyjon Jones in Mummy Trouble

    Member News
    Since I have two kids, aged 8 and 3, most of my free time is spent reading to them.  My eight year old, Michael, insisted I get him this book at the Book Fair at school.  I couldn't figure out all the fuss, until I read it:  So, here's mine: - Diana De...
  • Book Review: South of Broad

    Member News
    Highly recommend South of Broad by Pat Conroy (author of Prince of Tides.) A book that “envelopes” with an unlikely group of friends that came together as teens in Charleston, SC. Although there were tragic undertones, the main character takes the rea...