NHASFAA Council Meeting Saint Anselm College-Joseph Hall Friday, December 14, 2012 9:03 am Present: Suzy Allen, Tori Berube, Anna Clifford, Ashley Coleman, Sharon Eaton, Maureen Fagen, Crystal Finefrock, Robin Gagnon, Sheri Gonthier, Jason Graves, Elizabeth Keuffel, Debra McCann, Cindy Schofield Absent: Leslie Bembridge, Jeff Bentley, Hilary DeAngelis, Lizbeth Gonzalez, Mike Levasseur, Susan Proulx, June Schlabach President’s Report: Elizabeth discussed with council the relationship that is building between us and the NH Coalition to End Homelessness. It is becoming very positive and it is her hope that we can continue to build on this relationship. A press release was done with the Manchester Union Leader and a picture was taken of council and members of the Coalition. The article can be found on the website; Section B, “NH”. NYPIRG got back to Elizabeth. She has mixed feelings about partnership. She stressed to the representative that we are not the enemy. At time of this meeting, she had not received any response. She wants the representative to come back with a counter proposal. We just won’t sign to form partnership. EASFAA council voted on creating a Super Storm Sandy fund. Although there has not been any further discussion, Elizabeth did abstain from the vote. It may be better to have individual members donate to the fund as they see fit. EASFAA is looking to donate to American Red Cross. Secretary’s Report: The minutes to the 9/28/2012 fall meeting were reviewed. Suzy moved and Sheri 2nd the motion. Minutes passed. They will be posted to the website shortly. Treasurer’s Report: NHASFAA BUDGET REPORT-09/28/2012 Checking Balance: $ 41,962.09 CD Balance: $ 6,954.65 Elite Savings Balance: $ 25,243.06 Net Balance: $ 74,159.80 Account Line Item Proposed 2012-13 Budget Income as of 09/28/2012 Remaning/short INCOME Membership Dues 5100 Conference Registration $ 6,800.00 5330 Sponsor-Speaker's Bureau $ - $ - 5340 Sponsor-Training $ - $ - 5350 Sponsor-Website $ - - 5410 Bank Account Interest $ 70.66 $ 8.55 5450 Other (CD Interest) $ 29.05 $ 2.90 5460 Transfer from Reserve $ 2,556.39 $ $ $ (62.11) $ (26.15) $ (2,556.39) 5470 Prior Year Carryover $ - - 5480 Development Target $ 7,500.00 $ 5,100.00 $ 22,626.10 $ 7,771.45 $ $ (2,400.00) $ (14,854.65) Total Income $5,670.00 $ 2,660.00 $ (3,010.00) $ (6,800.00) 5000 $ - - Spent as of 09/28/2012 Remaining EXPENSE 6006 Travel $ 1,500.00 $ - $ 1,500.00 6700 Annual Meeting $ 1,500.00 $ - $ 1,500.00 6705 Strategic Planning $ 250.00 $ - $ 250.00 6706 Council Meetings $ - $ - $ - 6806 Council Retreat $ - $ - $ - 6910 Historian $ - $ - $ - 6920 Newsletter $ - $ - $ - 6930 Speaker's Bureau $ 75.00 $ - $ 75.00 6940 Training Committee $ 1,000.00 $ - $ 1,000.00 6950 Website Committee $ 2,515.00 $ 1,035.00 $ 1,480.00 6960 Conference Committee $ 15,873.00 $ 59.42 $ 15,813.58 6970 Government Relations $ - $ - $ - 7200 Supplies-General $ - $ - $ - 7206 Supplies-Computer $ - $ - $ - 7310 Accounting/Audit $ 750.00 $ 7700 Membership Committee $ - $ - $ - 7710 Professional Development $ - $ - $ - 7720 Scholarships $ - $ - $ 7730 Charitable $ 200.00 $ - $ 200.00 7740 Gifts/Awards $ 430.00 $ - $ 430.00 7750 Reynolds' Award $ - $ - $ - 7800 Lease $ - $ - $ - 7806 Lease-Deposit $ - $ - $ - 7900 Bank Account Charges $ 33.00 $ - $ 33.00 7950 Other $ 250.00 $ - $ 250.00 75.00 $ 675.00 - 7960 Transfer to Reserves $ - $ - $ - 7970 Carry-back to Prior Year $ - $ - $ - 7980 Development Committee $ - $ - $ - 7990 Multicultural Committee $ - $ - $ - 8000 Leadership Committee $ 750.00 $ - $ 750.00 $ 25,126.00 $ 1,169.42 $ 23,956.58 $ 6,602.03 Total Expenses Income Less Expenses ($2,499.90) *Additional $2500 approved by council to overspend on conference committee. **$2556.29 on Expense 5460 (transfer from reserves) was to balance the budget for 2012-2013 ***$20,000 was transferred from checking to savings. Past President Report: Crystal distributed the results from the SLRP survey that was circulated to the membership. Crystal reported that she and Suzy will begin to review the SLRP and we can discuss further at our next council meeting. Conference: Both June and Susan were not in attendance, therefore, Sheri gave the report. She reported that the individual surveys showed positive feedback. Overall 65 responses and most liked the 2 day format. Some negative feedback was on the networking event and food on the 2nd day. When asked if we should go back to a one day format, 10 responses were no. The committee will work on a buffer to get other sessions and they were happy to report they were under budget. Thankfully, no one billed us for travel, just hotel (Cathy, EASFAA and NASFAA representative). Overall expenses were for food, reception, 2 hotels, mums, tumblers, and balloons. The keurig was donated. Some discussion was made on changing venue. Money is still the main issue, as we can’t afford to go anywhere else. UNH, WMCC, PSU, Springfield, and CCNH were the schools that stayed over in a hotel. Development: Very proud to report that Leslie reached her goal of $7500! NHASFAA Development Update Submitted by: Leslie Bembridge, Development Chair Exhibiting Breakdown Conference: NHHEAF Network GLHEC Citizens Bank SLMA Discover First Marblehead Wells NelNet ASA Annual Meeting: NHHEAF Network GLHEC Citizens Bank SLMA First Marblehead MEFA NelNet Received to Date: $5100.00 Amount Pending: $2400.00 Total Revenue: $7500.00 No vendors have offered to partake in vending at the trainings Federal Relations: Cindy is building a great committee with a total of 10 members and phone meetings are scheduled through May 2013. She would like to send some type of communication to the newly elected officials and aids whose focus is on education. Currently we would like to have a representative at the state meeting and the 2013 conference. While newly elective Governor Hassan is working with UNH, we could look at possibly Jeanne Sheehan. The NHASFAA Fact Sheet is current and available on the website. An article is being written for the next newsletter. The Data Task Force is going to be put on hold for now as Amy Slatery is serving on the NH Commission. Leadership: Suzy reported that there was positive feedback on the ice breaker at the conference. She reminded us that the Director’s Summit will be held of 2/8/13 and the follow up email will go out in a week. There will not be any specific speaker. She is working on her next “Face of NHASFAA” for the winter newsletter. Membership: Ashley reported that we now have 169 members and 2 pending. We have seen a small increase over the past three years. Ashley will put in a plug for the next newsletter. We are starting to see some membership with our sister states of VT and MA. Multicultural/Diversity: No report was submitted Newsletter: The deadline for the winter newsletter will be 1/18/13. She will send an email to membership after the holidays. Speakers Bureau: Sharon has had some challenges with the new system and issues with spam . Request for financial aid nights were less than last year. She is still collecting information from speakers to put together reports for the next meeting. Speakers must be in the system. She is currently working on evaluations and has two events remaining. Spaulding HS and a FAFSA filing event. Training: Robin and Jeff met while attending FSA in FL last week. Some training events coming up are – *MASFAA /EASFAA DL training in February *Jim Briggs- Discussion to possibly partner with ME/VT for a presentation the week of 2/11/13 or 2/15/13. Expenses for Jim are approximately $3100. Tori suggested using NHHEAF that way the CCP staff can attend. Items to go over with Jim would be specific points/scenarios, new rules, and how to review transcripts. Or put $500 towards MA event-1/20/13 Western MA or 2/1/13 Eastern MA (Locations TBD)-Paid members of NH can attend without being members of MASFAA. Robin will send email to determine date of EASFAA training. Lender Report: Maureen reported that she attended both the CT and MA meetings and Scott Buchanan gave updates. For 7/1/13-New UG borrowers and ability to borrow Subsidized Stafford-150% completion rate Fiscal Cliff-12/31/12Origination rate may go up, and after 7/1/13 will see an increase but not a large one. Aid programs will not be affected but some changes Monitor subsidized Stafford interest rates IDEA loan-Repayments taken out of paychecks (i.e. garnishments)-UK uses a similar system. Website: Sheri is working on archiving meeting minutes on website and pictures from conference. She will also share pictures for next newsletter. NH Charitable Fund No report submitted NHHEAF/Guarantor: No report submitted CCP: November is Go to College Month Saw 5,000 people, 2,000 were 5th graders I am college bound5-$2500 Scholarships for Homeless Programs 3-$3500 Scholarships for Foster Youth 5-$2000 Scholarships for Upward Bound State Scholars before April $10k Campus compact will be hosting event on 2/14 at NHHEAF Registration for DU on 3/16/13 (PSU) will open on 2/1/13. Take it to the bank3-$1k scholarships per month Today from 1-3 CSS profile class is being held June and others are attending Guidance Training at WMCC. NH representatives are helping at local high schools for FAFSA filing nights 250 8th grade students attending Discover U at Keene State College on 2/15/13. Talent Search: 22 High Schools continue to be part of Talent Search. *Talent Search has left Franklin HS and moved to Laconia Middle School. *23 students receiving Iam College Bound scholarships in the state of NH *235 seniors; 200 6th graders after holidays. *Trio Days (admissions). Kids in all NE States-NH is host state this year. All 4-year colleges in state are participating. *Campus Day-NH Talent Search. This year it is being held at PSU (rotates yearly with KSU and UNH) *Future staff meeting, building relationship with homeless population. Introduce new materials and private lending information to families. Old Business: No old business discussed New Business: State Grant Funding and Unique program-There is a need*How do we approach it? –Letters from institutions (seek permission first) and association to new state administration. Schools need to create data. NH students and those NH students attending out of state schools. SNHU’s former president is now the new head of NH Post Secondary. Discussion with new governor to reinstate these programs-summit? SLRP Review survey and sections of the SLRP before next meeting. Review not only your own committee, but others as well. Next Level-What are we doing? Is what was good then, good now? For the next newsletter, do a summary of the survey and announce the winner of the Dunkin’s GC.Congrats Sheri G. Bi-Laws-Review and email to membership *Need to review and change name of FFELP committee and federal relations committee Make Multicultural/Diversity a regular standing committee vs. Adhoc. Motion to adjourn by Jason Graves; 2nd by Tori Berube. So moved. Respectfully Submitted, Anna Clifford Secretary