Beauty Link - Volume 3, Issue 4 - (Page 49)
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IS ONE DUCK OUT OF LINE?
The educator’s role in financial aid
Ray Testa, VP of Government Affairs & Compliance, Empire Education Group
ou have done everything possible to protect against anyone in your organization being even remotely accused of wrongdoing when it comes to ﬁnancial aid administration. You know the handbook inside and out and have sent your ﬁnancial aid administrator to every workshop you could ﬁnd. You read the newsletters, IFAP is your home page, and you use a great third-party servicer to check your every move. You have clear separation of duties and your auditors are extremely qualiﬁed. You even secret shop your own school to be sure every person who comes in contact with a prospective student is saying all the right things. All your ducks are in a row... or are they? Let’s take a look at your educators. Why, you say? They have nothing to do with awarding ﬁnancial aid. They might not even be aware of which students are receiving assistance. Unfortunately it doesn’t matter. Your educators are, in fact, an integral part of your aid disbursement system. It is the teacher who shepherds the student through the curriculum, which is how they earn the aid they
Discovery of a school’s inability to manage the academic and attendance components of Financial Aid can trigger anything from repayment of funds and ﬁnes, to full program reviews and potential loss of eligibility to participate in Title IV programs.
have been awarded. Each student earns Title IV dollars by doing two things: attending class and achieving satisfactory progress. When their favorite teacher does what all favorite teachers do (i.e. takes a sincere interest in their progress and goes a step further to give them a little extra help), they are paving the way for real problems. When Miss Yurdabest sees that Mary is getting nasty phone calls from home, causing her to have to leave early, or spots the bruises on her arm right after she fails a test, she does what comes naturally and tries to counsel the student. Unfortunately
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Table of Contents for the Digital Edition of Beauty Link - Volume 3, Issue 4
Five Simple Secrets for Building a Habit that Lasts Julie Gray
Trends 2011: The looks and treatments that drove us mad— and the multifaceted methods behind them Amy Drew Thompson
2011 AACS Annual Convention Photo Spread & Recap
Economic Education: Introducing the true cost of debt to students PART ONE OF A TWO-PART SERIES Kenneth J. Zarda
Reflecting on Performance: Evaluations, goal-setting and reaching beyond Angie Shuler
Delivering a World-Class Experience: Strengthening your school’s service aptitude John DiJulius
True Potential: Understanding the value of self-reflection Desiree Jumchai
Wild Dinner Stories: Thoughts and lessons of the unexpected Jeff Pulford
Keeping Connections: Alumni programs are powerful business-building tools Angela Watson
Is One Duck Out of Line? The educator’s role in financial aid Ray Testa
Calculating Your Composite Score: Why does it matter? Philip Courtney Hogan
Beauty Link - Volume 3, Issue 4
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