February 2015 Webinar Sessions and Descriptions
(Revised Title) An Exploration of the 150% Direct Subsidized Loan Limit
Category: Program Administration
There is now a limitation on the period for which a borrower may receive a Direct Subsidized Loan. Join us as we take an exploration of the 150% Loan Limit. We will show you how to correctly calculate the maximum eligibility period and subsidized usage period. We will also review what happens borrowers lose their interest subsidy benefits and helpful ways you can educate them of the changes.
Specific topics covered include:
· Understanding the maximum eligibility period
· Examining loss of eligibility
· Exploring ways to educate your borrowers
Presenters: Jamie Malone (internal SME) and Michiale Schneider
Date: February 2 at 3 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=tac345ae0bebfecd1cffe22226d6b49ba
(NEW) Embracing Your New Leadership Role – Plans, Tips, and Perspectives
Category: Professional Development
- Are you new to leadership and wonder what to expect in your new role? Since leadership is not just a one size fits all opportunity it's important to understand what you should or should not do during the transition period. This session aims to share common tips derived from other leaders within the financial aid community that transcends through multiple levels of the leadership hierarchy that will assist you in being an effective, well-rounded leader.
Topics to be discussed:
- · Common tips for transitioning leaders
- · Unveiling of new challenges
- · The 90-day plan of a new role
Presenters: Keyimani Alford and Michiale Schneider
February 4 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t20345d900af438a8274fbc48981943fd
February 17 at 12:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t0580fb26c603638da528abf483ad5161
(NEW) Who’s Defaulting and Why: An In-depth Look at the Root of Loan Default
Category: Default Management
Borrowers default because they don’t pay—they don’t’ pay because their payments are unaffordable. However, unaffordability is one of the many reasons why borrowers struggle in repayment. There are others. We’ve identified who’s defaulting and why so that you can better understand which borrowers may have problems in repayment. We’ll also show you how to gather your own findings so that you can develop more targeted interventions. Getting to the root of loan default is the key that can move the needle on your rate and help the borrowers you serve.
- · An examination of loan defaulters
- · How and where to identify school-specific data
- · How to create targeted default prevention initiatives—using your data to develop a plan
Presenters: Roger Eldridge (internal SME) and Tasha McDaniel
February 11 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t631795eb01b673d36082e424401a605b
Identity Theft: Help Students Avoid this Epidemic
Category: Financial Wellness
Every minute approximately 19 people fall victim to identity theft. Do you know how to help your students avoid this epidemic? Identify theft is the fastest growing crime in America and young people between the ages of 18-24 are the most likely to be affected. But there are ways that your students can proactively protect themselves. This webinar will show you how you can inform and counsel your students so they can protect themselves from identity thieves and potential scams.
Specific topics covered include:
- Types of identity theft
- How identity theft occurs
- Impact of identity theft on victims
- · Techniques for prevention
Presenters: Michiale Schneider and Tasha McDaniel
February 3 at 12 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t5686a9644249fa52be3f9194a096680c
Dependency Status Dilemmas
Category: Program Administration
Are your students confused about how to answer dependency questions on the FAFSA? When should you consider a dependency override? We'll review ways to help your students while maintaining compliance.
Specific topics covered include:
- Does a student's self-sufficiency make them independent?
- How does the IRS definition of a "dependent" differ from the FAFSA?
- Who is considered to be a "Homeless Unaccompanied Youth?"
Presenters: Michiale Schneider and Keyimani Alford
February 3 at 3 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=ta6eca8af83a2cb87e06cb493753b1144
February 5 at 12 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=tad1da7c6c4aad0c4232d7a506b295ce6
Financial Literacy: What You Need to Know to Educate Your Students
Category: Financial Wellness
Financial education helps student’s make wise decisions about money and credit. You can create and tailor your own financial literacy programs by mastering basic concepts. This train-the-trainer session will give you all of the essentials you need to provide financial education to your students. You’ll be able to take what you’ve learned and create your own presentation to educate your students so that they make wise financial choices both during school and after graduation.
Specific topics covered include:
- How credit scores are generated
- How different types of loans – including student loans—impact credit history
- How to craft your own program
Presenters: Michiale Schneider and Tasha McDaniel
February 4 at 12:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=ta40f4c0071c21f6ce9c1f0dff00ceac6
February 10 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=tf17521945bf5a53852e09d7055c6d20f
Verification: Four Simple Steps to Completion
Category: Program Administration
Get the right dollars to the right students, on time. We’ll show you the easiest steps to completing verification based on recent policy changes and review common issues that arise.
Specific topics covered include:
- Determining who needs to be verified
- Reviewing required documentation
- Resolving conflicting information
- How to understand IRS transcripts – and when to ask for more information
- Making corrections
Presenters: Keyimani Alford and Michiale Schneider
February 10 at 12:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=tfd4bc958ce68e5c79226d96fabde65df
Professional Judgment Perplexities
Category: Program Administration
Professional Judgment is helps you target funds to students with exceptional need. But Professional Judgment principles must be applied wisely and responsibly in order to be effective and compliant.
This participatory session reviews complex case studies to show how you can help students get the aid they need by making adjustments to either the expected family contribution (EFC) or the student’s cost of attendance.
Specific topics covered include:
- Why and when to use professional judgment
- Permissible actions and required documentation
- Common scenarios – loss of income, changes in assets, extraordinary expenses
- Dependency override
- Maintaining a professional judgment policy
Presenters: Michiale Schneider and Keyimani Alford
February 12 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t93fbe43e6e728db56eb0e1fa6b79ac11
Anatomy of a Cohort Default Rate
Category: Default Management
Have you ever dissected your cohort default rate? Attend this session to learn what factors and circumstances affect your default rate. Do you know what factors and circumstances affect your rate? Things to consider include defaulted loans from students who attended multiple schools, the timing of deferments, and the impact of loan consolidation and rehabilitation. This session will review all of these situations so you can better understand your rate and help your borrowers.
Specific topics covered include:
- How the Department calculates cohort default rates
- Timing of loan default
- The impact of consolidation, deferments, and forbearance on CDRs
- Special circumstances that could be included in the cohort default rate calculation
- When and how are CDRs sent to schools
Presenters: Tasha McDaniel and Michiale Schneider
February 17 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t8fde4a93e2dc40dbbdc687fbd7210cb9
Decoding CDR Reports and Correcting Data
Category: Default Management
Draft Cohort Default Rates are due to be released in February. Do you know how to review your report for accuracy? Learn how you can review CDR reports and when to challenge, appeal and adjust to ensure your school’s rate is an accurate reflection of your borrower’s experience in repayment.
Specific topics covered include:
· The Cohort Default Rate (CDR) cycle
· Challenges, Adjustment and Appeals
· Common appeal errors to avoid
Presenters: Tasha McDaniel and Michiale Schneider
February 18 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t4f67d9917eec03c7668b573b5f537797
February 26 at 12:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=tff6be901c3155bdfe2124775932cf911
Tax Filing Rules: What Financial Aid Administrators Need to Know
Category: Program Administration
Get a refresher on tax filing rules in advance of the 2015-16 verification cycle to better identify and resolve issues during the file review process. This webinar will take you through tax rules to ensure the data elements used to calculate the expected family contribution are correct.
Specific topics covered include:
- IRS filing guidelines and thresholds
- Comparing filing status to FAFSA results
- · Tax filing status and verification processes
Presenters: Michiale Schneider and Keyimani Alford
February 19 at 3:00 p.m. Eastern Standard Time
https://glhec.webex.com/glhec/k2/j.php?MTID=t4d0c6156727e19dd5bd192749776ed35
