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ERIC Number: ED543322
Record Type: Non-Journal
Publication Date: 2011-Aug-8
Pages: 2
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
The Vital Role of Administrative Cost Allowances to Student Financial Aid Offices: Key Findings from NASFAA's Administrative Cost Allowance Survey, July 2011
National Association of Student Financial Aid Administrators (NJ1)
The National Association of Student Financial Aid Administrators (NASFAA) recently conducted a survey on the 2009-10 award year Administrative Cost Allowances (ACA), which are funds used by colleges and universities to support operations and professional development. Specifically, ACA is often used in essential areas that support the day-to-day operations of a financial aid office, such as salaries of financial aid counselors, equipment and supplies, and professional training. During this difficult fiscal environment, the ACA is being considered as a target for deficit reduction. The survey results presented in this paper indicate the vital role that the ACA plays in student aid administration, and the devastating impact that its elimination would have at the campus level.
National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail: membership@NASFAA.org; Web site: http://www.nasfaa.org
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Association of Student Financial Aid Administrators (NASFAA)