FA110 - Developing an Efficient Financial Aid Office

This course provides a blueprint for running an effective financial aid office in an educational institution. You will learn to optimize the performance of your financial aid office with a minimum of waste, expense, and unnecessary effort. The course covers the cornerstones of an efficient financial aid office: timeliness, accuracy and customer service. You will also be advised of pitfalls to avoid in the realm of Title IV compliance. You will learn the key points to building an effective business office processing procedure. Reports and notifications required by the Department of Education are also explained. In addition, you will be given pointers on preparation for the annual Student Financial Aid (SFA) compliance audit and alerted to the most common triggers for Department of Education Program Reviews.


 

Course Reviews


Course Rating
"This course has enhanced my knowledge of financial aid and helped to improve my perceptions of the entire financial aid process from the application stage through the delivery of service to the students."
"This course has reinforced our financial aid policies & procedures."
"I think this course was very helpful and touched on topics that our campus deals with daily."
"This is a must to everybody involved in FSA administration."
"I thought the content was well organized and comprehensive. "
"I was very pleased with both the content and the presentation. I will certainly encourage others to capitalize on it."
"It was a great course to learn about financial aid."
"It was very well organized! Nicely done! "
"It is a very well structured course and very useful for the established purpose."
"I think the course content is very appropriate for FA Administrators. "
"I really love and appreciate the opportunity to refresh my knowledge and learn new ways of teaching and learning at the same time. This program is well worth the time and effort. i definitely would recommend this program to anyone who would like to receive extended education and certifications. for higher education"

Course Structure


Course Format

  • Can Start Anytime
  • Self-paced (within course enrollment timeframe)
  • 4 Hours of Activities

Completion Requirements

  • Study Course Content
  • Pass ALL Required Quizzes

Certificate of Completion

  • 4 Hours of Continuing Education
  • Available for download at the end of the course

Technology Requirements

  • A Web browser with JavaScript and cookies enabled
  • Adobe Flash Player
  • Speakers or headphones

Course Objectives


Module 1: Timeliness, Accuracy & Service

  • Inform contacts provided by the Admission Office with complete information on opportunities for Financial Aid.
  • Process applications and documents in a timely manner.
  • Remove obstacles for a student not only enrolling in your institution, but completing the program and becoming a supportive alumni.

Module 2: Business Office Processing

  • Identify the requirements and procedures necessary to obtain funds awarded to your students.
  • Common Origination and Disbursement (COD) documents.
  • Calculate the Return of Title IV (R2T4) funds.

Module 3: Reports and Notifications

  • Describe the changes that require Department notification and approval or just notification.
  • Recognize the actions that may trigger a Program Review.
  • Determine the major Fiscal Reports required for compliance with Federal Student Aid regulations.

Module 4: Student Financial Aid (SFA) Compliance Audits

  • Assess the distinctions between Compliance Audits and Financial Statement Audits.
  • Recognize when and where you have to conduct these audits.
  • Identify who can conduct these audits.
  • Determine appropriate remedies for problems uncovered in these audits.

Module 5: Community TV

  • NA

Lounge Group


This course provides you with a lifelong peer-to-peer learning opportunity through a specific Performance Group created within the Career College Lounge, a learning community of career college professionals. This allows you to learn and share with your peers at any time you want, even after you complete the course.

Go to the Performance Group for this Course

How to Enroll

  1. Buy Enrollment Keys

  2. Enter an enrollment key in the field above.

  3. Click "Enroll".