2019 NASFAA Credentialing Sessions - Cost of Attendance and Direct Loans
2019 NASFAA Credentialing Sessions
Cost of Attendance
and
Direct Loans
Friday, March 8, 2019
Credentialing Sessions held at:
University of Nebraska-Lincoln
1400 R St
Lincoln, NE 68588
Find them!
Registrations and payment must be submitted by March 1, 2019.
A confirmation and payment invoice will appear after you register. Make sure you print this page as it cannot be be recreated. Mail your payment, payable to NeASFAA, and a copy of your invoice to:
Janice Volker, NeASFAA Treasurer
University of Nebraska at Omaha
6001 Dodge St. EAB 103
Omaha, NE 68182-0187
Cost: $40 per session for NeASFAA members, $50 per session for non-members
Lunch is not provided.
Cost of Attendance – 8:30am to 11:30am
To earn this credential, you will need to know the basic principles and processes of student budget construction. You will need to know the standard components of a student’s cost of attendance (COA), allowable additional costs, and rules related to recalculation of the COA. This will help you demonstrate the ability to protect the integrity of the Title IV programs by ensuring your school’s COA policies and procedures result in the construction of accurate and appropriate student budgets, which directly affects the equitable distribution of financial aid funding.
The range of topics in this test include:
- Student Budget Construction
- Cost of Attendance Components and Restrictions
- Recalculations and Non-Title IV Aid
Tests may include questions pertaining to a variety of program structures, such as credit- or clock-hour, term or nonterm, standard or nonstandard term, undergraduate or graduate/professional programs, and programs of various length (shorter than one year, two-year, four-year, certificate, etc.).
Direct Loans - 12:30pm to 5:00pm
To earn this credential, you will need to know the key characteristics of each of the three programs that make up the Federal Direct Student Loan (Direct Loan) Program, the qualifying criteria for each type of loan, and the factors affecting loan eligibility. You should know about the loan application process, the loan origination process, and mandatory loan counseling requirements. Additionally, you will need to be familiar with the major repayment features of Direct and FFEL loans. This will help you demonstrate the ability to assist current and future borrowers of Direct Loans, and ensure your school’s policies and procedures related to the awarding and origination of loans do not put your borrowers or your school’s participation in the Title IV programs at risk.
The range of topics in this test include:
- General Concepts of Direct Loans
- Factors for Calculating Loan Amounts
- Direct Loan Amounts and Limits
- Calculating Direct Loan Eligibility
- Loan Counseling
- Direct Loan and FFEL Repayment Features and Plans
Tests may include questions pertaining to a variety of program structures, such as credit- or clock-hour, term or nonterm, standard or nonstandard term, undergraduate or graduate/professional programs, and programs of various length (shorter than one year, two-year, four-year, certificate, etc.).