NHASFAA Council Meeting
Plymouth State University-Concord Campus
Friday, February 17, 2012
Present:
Suzy Allen, Leslie Bembridge, Tori Berube , Anna Clifford, Hillary DeAngelis, Sharon Eaton, Maureen
Fagen, Crystal Finefrock, Robin Gagnon, Sheri Gonthier, Susan Howard, Carolyn Julian, Elizabeth Keuffel,
Sue Proulx
Absent:
Jeff Bentley, Ken Ferreira, Lizbeth Gonzalez, Mike Levasseur, June Schlabach
President’s Report:
Crystal thanked those that helped and attended the annual Director’s Summit last Friday.
Crystal then shared with council information that she received regarding a group outing on the Mount
Washington-Dinner Cruise. Sheri suggested the possibility of putting together a training event in the
lakes region area. It was also suggested that June is a better time to put together this type of event and
that we can also include the families of NHASFAA members.
We then discussed the annual meeting and putting together the itinerary. It was shared that Valerie
from Rivier College would be attending a meeting in regards to homeless youth. Crystal stated that
information from this meeting could be forwarded to her and that she would share the information with
the membership. Our afternoon presentation for the annual meeting will be regarding homeless youth,
as there are currently 3,000 homeless youth in NH.
Secretary’s Report:
Minutes from the December 9, 2011 meeting will be corrected and will be resubmitted and voted on at
the June retreat.
Treasurer’s Report:
Treasurer report submitted as follows.
Balances as of 2/12/2012
Balances as of 2/12/12
Checking Balance:
CD Balance:
Elite Savings Balance:
Net Balance:
Oct-12
Dec-11
Feb-12
36,644.28
38,961.17
39,074.36
Interest
6,934.71
6,938.77
6,942.82
35%
25,177.53
25,192.26
25,206.81
30%
$68,756.52
$71,092.20
$71,223.99
Account
INCOME
Line Item
5000
5100
5330
5340
5350
5410
5450
5460
5470
5480
Total Income
Membership Dues
Conference Registration
Sponsor-Speaker's Bureau
Sponsor-Training
Sponsor-Website
Bank Account Interest
Other (CD Interest)
Transfer from Reserve
Prior Year Carryover
Development Target
2011-12
Budget
2011-12
Actual
2011-12
Remaining
$5,425.00
$5,425.00
$0.00
$6,800.00
$0.00
$0.00
$0.00
$140.00
$10.00
$0.00
$0.00
$7,000.00
$19,375.00
$6,880.00
$0.00
$0.00
$0.00
$56.71
$12.22
$0.00
$0.00
$7,850.00
$20,223.93
-$80.00
$0.00
$0.00
$0.00
$83.29
-$2.22
$0.00
$0.00
-$850.00
-$848.93
Budget Notes/Comments
155 people @ $35/person (J. Jovell carry from
April 2011 for 11-12; exclude from actual)
Budget 85 people/ 84 payments rec'd, 2
outstanding
NB: Interest rate low
Per LB $200 pending 2/12/2012
EXPENSE
6006
6700
6705
6706
6806
6910
6920
6930
6940
Travel
Annual Meeting
Strategic Planning
Council Meetings
Council Retreat
Historian
Newsletter
Speaker's Bureau
Training Committee
$1,500.00
$1,500.00
$0.00
$0.00
$0.00
$0.00
$0.00
$75.00
$1,500.00
$265.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,235.00
$1,500.00
$0.00
$0.00
$0.00
$0.00
$0.00
$75.00
$1,500.00
Leadership Conference 1 person
6950
Website Committee
$3,000.00
$1,760.00
$1,240.00
Includes website maintenance
6960
6970
7200
7206
Conference Committee
Government Relations
Supplies-General
Supplies-Computer
$9,200.00
$0.00
$0.00
$0.00
$6,849.92
$0.00
$0.00
$0.00
$2,350.08
$0.00
$0.00
$0.00
($350 Deposit paid in Feb 2012 for FY13)
7310
7700
Accounting/Audit
Membership Committee
$750.00
$0.00
$0.00
$0.00
$750.00
$0.00
$0.00
$0.00
$450.00
$150.00
$0.00
$0.00
$0.00
$0.00
$250.00
$0.00
$0.00
$0.00
$250.00
$750.00
$19,375.00
$0.00
$0.00
$100.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$155.00
$318.14
$9,448.06
$0.00
$0.00
$350.00
$150.00
$0.00
$0.00
$0.00
$0.00
$250.00
$0.00
$0.00
$0.00
$95.00
$431.86
$9,926.94
7710
7720
7730
7740
7750
7800
7806
7900
7950
7960
7970
7980
7990
8000
Total Expenses
Professional Development
Scholarships
Charitable
Gifts/Awards
Reynolds' Award
Lease
Lease-Deposit
Bank Account Charges
Other
Transfer to Reserves
Carry-back to Prior Year
Development Committee
Multicultural Committee
Leadership Committee
Not full audit, just 1099 w/ Houde
Maguerite's Place
Includes $14 Fisher Cats Tix dep (group tix)
Budget looks good. Elizabeth gave praise to the continued hard work of Leslie as development
chairperson.
Elizabeth states that there are issues with the IRS and 501C-3. She is working on getting our non-profit
status renewed with the IRS and will continue to re-app with the state of NH. Hillary states that is better
to stay in good standing with the state.
Until we have final numbers, cannot finalize annual meeting budget.
Conference:
At the Director’s Summit, the following suggestions were given for this year’s conference.
*Motivational Speakers
*Mingle with Vendors
*Cocktail Hour
*Pay one rate ($80) for 2 day conference
*Work with local hotels-Estimate $79/night
Theme for 2012 conference is “Past, Present, and Future-Celebrate NHASFAA”
Date will be 10/25 and 10/26
NHHEAF will assist with the logo.
Prior officers will speak at lunch
T-shirts will be presented with logo
Bring back icebreakers at lunch
Mini website will be up and running soon
Development:
Leslie gave an update on vending at the annual meeting.
There will be 8 vendors. NelNet just signed.
Three companies will be presenting. Citizens Bank, ASA, and Wells Fargo
The Director’s Summit had a mixed bag of reviews regarding the presentations. 25 were in attendance.
Leslie suggested some type of survey be done. Suzy said she could do a survey.
The question was asked if checks/payments should start going directly to the treasurer. This will be
revisited at the June retreat. We will still not take credit cards as a form of payment. We would still
have to pay fees and not worth it.
Federal Relations:
*Survey to membership-14 responses total, and a second email has been sent out. Cathy will be putting
together a summary for the annual meeting.
*FSA Conference-Too late to put a “tidbit” segment together for this year, but the committee will revisit
for next year and it will be sent to membership immediately after the conference.
*Task Force- Having weekly meetings over the next three weeks. The task force is still looking at where
data is located to show FA in NH. They will put something together to share with the membership. Tori
will outreach to NHCUC. There will be an update at the annual meeting.
Leadership:
*Director’s Summit. 25 were in attendance, which represented 10 or 11 schools. This year it included
both directors and associate directors. This brought new faces and new perspectives to the summit.
Some of the discussion at the summit
*Annual Conference
*Getting more of the proprietary schools involved. Ashley Coleman from Continental Beauty School
would be a good resource.
*We need to be more of a presence in Concord-Senate.
*Outreach to the high school guidance counselors
*For the next newsletter, the Face of NHASFAA will be Cindy Schofield.
*Membership:
*158 Members. 1 payment pending
Multicultural/Diversity:
Lizbeth was not in attendance, but submitted the following report.
We have gone ahead and finally made the purchase of the electronic diversity calendar. The licensing
agreement and payment has already been received by the company. The link to the calendar has been
given to Sheri from the website committee to place on our website. Once the link is accessible, we will
be working on how we can highlight at least one event and/or holiday on a monthly basis and share it
thru the list serve. We will also put an announcement for the newsletter.
Newsletter:
Robin shared that her first newsletter was done in January. Her next newsletter will be out in late
March, estimate deadline for 3/23/12 and have it out to membership before annual meeting.
Speakers Bureau:
Sharon gave a brief update.
She is beginning to test on the website.
She will be sending out late evaluations to the high school guidance counselors.
Training:
Discussion has been the lack of training sessions this past year.
Jeff is aware of this.
Suggestion was made to have a webinar with Jim Briggs. However, this would eat up our budget.
Monday, information will be coming out on a webinar already set up with Jim Briggs. Cost and official
date to be determined.
NASFAA just sent out “FA Analysis of the Tax Transcript”
Jeff will try to put an in-person training session in April. He will also work with Robin on some other
sessions.
Just the Facts (Replace the FA Institute) in MA. Possibility that we could contact the representative and
NH could do the same format next year.
Jeff will work to have a spring training event and continue to build committee and gain co-chairpersons.
Possibility of bringing back FIN 101 and FIN 201. Update, as there are new members in the association.
Robin commented that the change to one stop has been a challenge to those who moved from billing to
FA. As a staff, it is hard to send everyone to conferences, but one day events would greatly benefit staff.
Lender Report:
Maureen gave a brief report.
At this time, the interest rate for subsidized Stafford loans for 2012-2013 year will remain at 6.8%
Website:
Sheri is working on new website design and hopes to reveal at annual meeting.
NH Charitable Fund
Hilary shared that as of 2/1/12 the application for 12-13 became available, and that 47 people have
applied.
There was a first time webinar for guidance counselors. It was not recorded. Tori asked if they do it
again, let her know so CCP can promote. The hardest part of the website has been the login and
password to the application.
Hilary shared that 40% of awards were given to student’s already in school and that 20% were
renewable.
She also reminded us of the scholarship application deadline (refer to 12/9/11 minutes). Crystal will put
a message out to the list serv as a reminder.
NHCF will no longer be awarding loans. They will be converted to grants.
NHHEAF/Guarantor:
Mike was not in attendance. Tori gave a brief report on his behalf.
Cohort default rates will be delayed. 2010 will be reported on 2/27/12 and 2009 will be reported on
3/5/2012.
Perkins loans-Proposal to have FSA take over the program. Elizabeth brought to discussion, Will the feds
hold their end of the bargain and will the Perkins loan become an unsubsidized Stafford loan? Crystal
suggested getting some feedback from NASFAA.
CCP:
*CEO Scholarships-Application due on 3/9/12
$5k scholarships given to college sophomores or juniors.
20-25 scholarship applications thus far and hope to award 6 scholarships.
*Take it to the Bank Scholarship-Award to HS Senior or a current student. $1k awarded every month, 34
months thus far.
*I am College Bound-Walk into classrooms; $1500 in cash incentives.
Tori shared with us that on Sunday mornings on radio 107.7 Concord, there is a segment on college
planning. Thus far CCP have done 6 weeks. Pre-recorded and it’s about 22 minutes. The 3/12/12
segment is based on the financial aid office, the staff, and what they do. They are looking for
volunteers.
Destination College is scheduled for 3/24/12 at SNHU. Large numbers of attendees are from
Londonderry and Spaulding HS. Spaulding will be bringing students by bus.
Tori reported that 970 FAFSA’s have been filed since 1/2/12.
Discover U. 220 8th graders attended, and the second Discover U will be held at WMCC on 4/18/12.
Talent Search:
Carolyn reported that all programs are still on track. Carolyn shared with us that she has resigned as
director of the program. She will retire. Deb McCann will become the new director and the office is
moving back to UNH campus.
Crystal personally thanked Carolyn for her many years of service with NHASFAA.
Old Business:
No old business was discussed.
New Business:
Maureen Begley Scholarship. Crystal will send to membership a notice regarding the scholarship.
Nominees should be a first time attendee and a member of NHASFAA and in the fa field for 2 years or
less. Nominations should be sent to Crystal and she will put a group together to review the names.
As the first notification of the conference is sent out, prior officers and James Reynolds winners should
be invited.
Elizabeth will represent NH at the NASFAA Leadership Summit in Washington DC.
Crystal discussed the EASFAA Conference Leadership Track. Sue Proulx will be part of the committee
next year; she is just waiting for the OK regarding funding.
Crystal then brought to council for discussion NASFAA University and the training and certification of FA
professionals.
It was mentioned that a lot of members don’t agree with it, and does it make us better professionals?
Susan Howard then shared with us that 4 members of NASFAA will do a review of one of their campuses
over a 3 day period. They reviewed everything. The cost was $17k, but worth it. She recommended this
if a fa office is worried about their next program review. She also asked that they send their information
before hand so that they can be prepared.
Crystal reminded council that the strategic plan ends in 2012 and the new president will be in charge of
putting together the next plan.
Crystal told us the June retreat will cover strategic plan prep work and review budget requests. The
retreat will be held at PSU-Concord campus.
Motion to adjourn by Susan Howard; 2nd by Suzy Allen. So moved.
Respectfully Submitted,
Anna Clifford
Secretary