The Minnesota Association of Financial Aid Administrators Ruby History of the Minnesota Association of Financial Aid Administrators Sister Anne Elise Tschida MAFAA 1978-1979 PRESIDENT MAFAA HISTORY NATIONAL EVENTS President Bruce Gray Gustavus Adolphus College Vietnam War Established MAFAA May 3, 1968 College of St. Catherine Registration/Lunch $1.55 Banking community very involved at first meeting, but not given regular membership as is true today MASFAA in Peoria, Illinois 16 from MN attended Martin Luther King and Robert Kennedy assassinated Violence at Democratic National Convention Richard Nixon elected president Film : “The Graduate” Music: “Bookends” by Simon & Garfunkel MAFAA HISTORY NATIONAL EVENTS President Robert Matuska Mankato State College Richard Nixon sworn in as president 88 active members representing 60 schools and 23 associate members Fall Conference Oct 6-7, Curtis Hotel 580 Minnesota lenders Average loan $1028 Five MAFAA Committees: Nominations Minnesota Bankers Assn. Liaison High School Relations Legislative Research 17 MAFAA members attend MASFAA Neil Armstrong became first person to set foot on the moon Film: “Butch Cassidy and the Sundance Kid” Music: Woodstock attended by 500,000+ TV: “Sesame Street” premiere MAFAA HISTORY President Robert Matuska Mankato State College NATIONAL EVENTS First Earth Day celebrated No Fall Conference Apollo 13 Mission Spring Conference April 28-29 Ambassador Hotel St. Louis Park IBM introduced the floppy disc 89 members attended representing 69 schools AVTI’s included Professional Development Committee added Bar codes first used Film: “M*A*S*H” “Midnight Cowboy” Music: Final days of The Beatles Media” Comic strip “Doonesbury” began MAFAA HISTORY President David H. Anderson Moorhead State College NATIONAL EVENTS 26th Amendment ratified lowering voting age to 18 Astronauts first drove a lunar rover on the surface of the moon 111 members 93 male, 18 female Deadline for withdrawal of troops from Vietnam announced Dues were $1.00 Balance in treasury: $277.07 Intel’s first microprocessor developed Published first directory Film: “Dirty Harry” Music: The Carpenters TV: “All in the Family” Walt Disney World opened in Orlando MAFAA HISTORY NATIONAL EVENTS President Robert E. Frazey Bemidji State College Dept. of Defense began using Electronic mail Private Vocational Schools welcomed into MAFAA Spring conference fee: $7.00 Fall Training $22.00 FEDERAL LEGISLATION Higher Education Act of 1972 Created the BEOG and SSIG Renamed the National Defense Student Loan to National Direct Student Loan EOG renamed Supplemental Education Opportunity Grant Nixon visited China Atari introduced “PONG” and other video games Film: “The Godfather” TV: “The Price Is Right” Music: “I Am Woman” by Helen Reddy MAFAA HISTORY President James Hausman Concordia College, Moorhead Fall meeting theme was “The Financial Aid Administrator: Manager” Financial Aid Officers assisted the HECB in making awards ACT became need analysis processor for state awards; initial program rules had designated CSS as the servicer NATIONAL EVENTS Film: “The Sting” Music: Elvis’s concert in Hawaii, “Dark Side of the Moon” by Pink Floyd released TV: Mary Tyler Moore Show Sports: Billy Jean King over Bobby Riggs in “Battle of the Sexes” Vietnam peace pacts signed in Paris End to military draft Watergate scandal dominated media Vice President Agnew resigns; Gerald Ford appointed Vice President Occupation of Wounded Knee, SD by members of the American Indian Movement (AIM) MAFAA HISTORY President Thomas Levig Mesabi Junior College Spring conference theme: “Enjoyment as Well as Gaining Knowledge” Spring conference met in conjunction with high school counselors meeting Planning began for hosting the first MASFAA conference in Minnesota NATIONAL EVENTS Patty Hearst kidnapped President Nixon resigned Gerald R. Ford sworn in as 38th U.S. President Mia Farrow on the first cover of “People” Film: “Blazing Saddles” Music: “Waterloo” by ABBA Sports: Vikings second Superbowl appearance MAFAA HISTORY President John Schullo Bemidji State College Minnesota hosted MASFAA Dick Battig chaired and all MAFAA past presidents served on the committee First audits/visits conducted by Jo Ferguson, Region V State Presidents were part of the Regional Review Panel in Chicago Co-sponsored first high school counselors workshop with MHECC (Minnesota Higher Education Coordinating Commission) NATIONAL EVENTS Vietnam War ended with the fall of Saigon; mass evacuation of refugees, many of whom will eventually settle in Minnesota Jimmy Hoffa disappeared Microsoft founded by Bill Gates TV: “Saturday Night Live” began with George Carlin as first host; “Wheel of Fortune” also premiered Music: “I Honestly Love You” by Olivia Newton-John Sports: Vikings third Superbowl appearance (and third loss); Ali defeats Frazier in the “Thrilla in Manila” MAFAA HISTORY President Donald L. Johnson Anoka Ramsey Junior College Maximum Pell was 1400 February 1 deadline for state grant National Association formulated ethics statement NATIONAL EVENTS U.S. Bicentennial Celebration on July 4th FEDERAL LEGISLATION Higher Education Amendments of 1976 Reauthorized Title IV programs Created student Certification consumer information Education requirements Experience Professional membership Authorized processing of need analysis data by Multiple Data Entry Processors (MDEs) Apple Computer company formed Jimmy Carter elected president Film: “Rocky” Music: Eagles release “Hotel California” Sports: Dorothy Hamill figure skating gold medalist in Winter Olympics MAFAA HISTORY NATIONAL EVENTS President Jon A. Griepentrog Willmar AVTI First test flights of the space shuttle Enterprise First MAFAA budget for a newsletter 143 members Applicants must have valid SER (Student Eligibility Report) now SAR FEDERAL LEGISLATION Technical Amendments to Higher Education Act of 1976 Food Stamp Act of 1977 created modern food stamp program Successful TCP/IP tests laid groundwork for the Internet Film: “Star Wars”, “Saturday Night Fever” TV: Mini-series “Roots” Music: Fleetwood Mac released “Rumours” Sports: Vikings appear in fourth Superbowl (don’t ask) MAFAA HISTORY NATIONAL EVENTS President Sister Anne Elise Tschida College of St. Catherine First test tube baby born in Great Britain FEDERAL LEGISLATION First winter conference held at St. Thomas Spring Conference at Arrowwood, Alexandria Gubernatorial candidates Quie and Perpich in attendance Implementation of certification process for aid administrators Middle Income Student Assistance Act (MISAA): Appropriated additional dollars to existing aid programs Expanded BEOG eligibility to include middle-and uppermiddle income families Removed income ceiling on the GSL program Death of Hubert H. Humphrey President Carter convened meetings with Israeli and Egyptian leaders at Camp David Film: “The Deer Hunter,” “Superman,” “Grease” Music: Bee Gees TV: Dallas First appearance of the comic strip “Garfield” Frank Loncorich MAFAA 1982-1983 PRESIDENT MAFAA HISTORY President Richard Battig College of Saint Benedict MAFAA sponsored National Institute of Financial Aid Management for all fifty states Symposium for aid administrators, college presidents, and legislators First Spring Conference at Maddens, Brainerd MAFAA/MHECB Advisory Board NATIONAL EVENTS Three Mile Island partial meltdown Iran Hostage Crisis: 90 hostages including 53 Americans held in Tehran Philips demonstrated the Compact Disc (CD) for the first time Film: “Apocalypse Now,” “Kramer vs. Kramer,” “Star Trek: The Motion Picture” Music: Michael Jackson’s solo album “Off The Wall” released TV: ESPN launched NATIONAL EVENTS MAFAA HISTORY President Orlo Austin University of Minnesota, Twin Cities Gov. Quie froze travel and hiring; many attended conference on personal funds FEDERAL LEGISLATION Higher Education Reauthorization Renamed Basic Educational Opportunity Grant Program to Pell Grant Created PLUS program, which allowed middleincome parents to borrow with no income restrictions (up to $3,000 per year per dependent) Ronald Reagan elected 40th U.S. President Eruption of Mount St. Helens John Lennon shot and killed Sports: “Miracle on Ice” U.S. Hockey team defeats USSR in winter Olympics; U.S. boycotts summer Olympics in Moscow Music: “Call Me” by Blondie TV: CNN launched, “Magnum PI” and “The Jeffersons” top Nielson ratings MAFAA HISTORY NATIONAL EVENTS President Gordon J. Trisko Rochester Community College FEDERAL LEGISLATION Sandra Day O’Connor becomes first female Supreme Court Justice Concentrated on state issues; NASFAA can deal with federal Omnibus Budget Reconciliation Act (OBRA) Prince Charles weds Lady Diana Spencer 42 MAFAA members officially “certified” last year of certification NDSL interest rate increased from 4% to 5% President’s Award established GSL - Need needs test required for incomes above $30,000 Film: “Raiders of the Lost Ark,” “On Golden Pond” Music: “Sailing”by Christopher Cross TV: MTV network launched MAFAA HISTORY President Frank E. Loncorich St. Cloud State University MASFAA Summer Institute at St. Olaf $200.00 MASFAA Conference in St. Paul 514 attended Paul Aasen received the “chicken” NATIONAL EVENTS FEDERAL LEGISLATION Selective Service Registration imposed Pell increased from $1614 to $1800 PLUS interest dropped from 14% to 12% SFA Technical Amendments established independent eligibility criteria Commodore 64 home computer introduced Film: “E.T.,” “Gandhi,” “Sophie’s Choice” TV: “Family Ties,” “Cheers,” “Late Show with David Letterman” debut Music: “Thriller” by Michael Jackson MAFAA HISTORY President Paul G. Aasen Gustavus Adolphus College First Executive Council Retreat at Gustavus Adolphus Adopted shared responsibility for state grant Major discussions about MHECB’s delivery system and sector aid distribution MAFAA President testified before education sub committee By-laws reviewed for a change to elected officer’s employment NATIONAL EVENTS Population: 233,791,994 Median Household Income (current dollars): $20,885 Space Shuttle Challenger astronaut Sally Ride became the first U.S. woman in outer space Film: “Terms of Endearment” Music: “1999” by Prince TV: “The A Team” Sports - Wimbledon champs: Women - Martina Navratilova Men - John McEnroe MAFAA HISTORY President R. Blake Crosby University of Minnesota, Crookston SELF loan program originated; $60 million in bonds to start program; interest rate was 9.25% President-elect no longer responsible for chairing conferences Winter conference fee: $55 NATIONAL EVENTS FEDERAL LEGISLATION Validation was replaced with verification Selective Service verification $819 million Pell shortfall Minnesota’s Walter Mondale defeated in run for U.S. presidency Apple’s Macintosh introduced Film: “Amadeus,” “Back to the Future” TV: “The Cosby Show,” “Miami Vice” Music: “Born in the USA” by Bruce Springsteen, “Frankie Goes To Hollywood” Sports: Los Angeles hosts the Olympic Games MAFAA HISTORY NATIONAL EVENTS President Michael R. White St. John’s University MAFAA becomes tax exempt and incorporated 501c3 MAFAA Lender committee formed Established committee of the year award FEDERAL LEGISLATION Consolidated Omnibus Budget Reconciliation Act (COBRA) Multiple disbursements required for GSL Students in default not eligible for Title IV aid “New Coke” introduced and failed; “Classic Coke” created Film: “Out of Africa” Music: “What’s Love Got To Do With It?” by Tina Turner, Madonna’s “Like a Virgin” tour TV: Discovery Channel launched Video: Tetris released NATIONAL EVENTS MAFAA HISTORY President Gary Ness Normandale Community College Decentralized delivery of state grant Printed 15,000 brochures entitled “Student Financial Aid Fact Sheet” Frank Loncorich was the sole financial aid officer on Gov. Perpich’s Task Force to look at delivery of funds MAFAA Constitution changed establishing two year terms for secretary and treasurer FEDERAL LEGISLATION January 20 – first observance of Martin Luther King, Jr. Day Higher Education Amendments: Space shuttle “Challenger” exploded killing 6 NDSL renamed Perkins Created Supplemental Loan to Students (SLS) Film: “Top Gun” Music: “We Are The World” recording for relief in Africa Credit bureau reporting required for all lenders and guarantors Schools required to determine student’s Pell Grant eligibility before certifying a GSL application Guarantors required to ensure availability of Lender-of-LastResort Professional Judgment given Defined guidelines for SAP and ATB MAFAA HISTORY President Robert I. Misenko University of Minnesota, Twin Cities MAFAA logo has names of sectors on it NATIONAL EVENTS FEDERAL LEGISLATION Amendments clarified 30% option for verification Bob Matuska becomes Director of HEAF for Minnesota region Prozac introduced in U.S. Bill Gates becomes a Higher Education Technical billionaire Professional Judgment guidelines established by Independent student definition MAFAA MHECB does film “Nobody’s Default But Your Own” Iran-Contra hearings Professional Judgment Omnibus Anti-Drug Abuse Act required certification for Pell Grant recipients Film: “Fatal Attraction” Music: Aretha Franklin is first woman inducted into Rock and Roll Hall of Fame Sports: MN Twins win World Series! MAFAA HISTORY President Dale Thornton Concordia College Child Care grants transfer from Social Services to MHECB MHECB to charge interest to schools for late refunds NASFAA State Award to Professional Development Committee under leadership of Dianne Danov NATIONAL EVENTS FEDERAL LEGISLATION Guaranteed Student Loan program renamed in honor of Senator Robert T. Stafford (R-VT) George H. W. Bush elected president Cost of a first-class stamp: $0.22 CDs outsell vinyl records for the first time Film: “Rain Man” Music: “Graceland” by Paul Simon TV: thirtysomething Herald Johnson MAFAA 1990-1991 & 2001-2002 PRESIDENT MAFAA HISTORY President Ronald O. Wiger Inver Hills Community College Formed Student Relations Committee; held hearings around the state for student input Student Loan Counseling Taskforce established to address loan defaults and high student loan indebtedness Reauthorization Taskforce NATIONAL EVENTS After 28 years, the Berlin Wall is open to the West FEDERAL LEGISLATION Student Loan Reconciliation Amendments Protesters met with violence in Tiananmen Square in Beijing, China Exxon Valdes oil spill in Alaska Specified disbursement Film: “Driving Miss Daisy,” schedule requirements “Born on the Fourth of July,” including 30-day delay “Field of Dreams” Music: “Don’t Worry – Be Happy” by Bobby McFerrin TV: “The Simpsons” premiere MAFAA HISTORY President Herald Johnson Augsburg College HEAF defunct First newsletter called “MAFAA Matters” Vice President position created Futures Task Force established NATIONAL EVENTS FEDERAL LEGISLATION Omnibus Budget Reconciliation Act (OBRA) Independently administered Ability to Benefit Test Student Right-to-Know and Campus Security Act: Received NASFAA award for High School Counselor Certain graduation and job-placement rates Teleconference Campus security NASFAA Award to the policies and campus Professional Development crime statistics Committee, Dianne Americans with Disabilities Danov, chair Act signed into law Nelson Mandela released from prison in South Africa after 27 years Film: “Dances with Wolves” Music: Milli Vanilli named Best New Artist (award was later revoked) TV: “Seinfeld” premiere MAFAA HISTORY President Ronald V. Kraft Bemidji Technical College NATIONAL EVENTS NASFAA Celebrates 25th Anniversary Operation Desert Storm began (during MAFAA winter conference!) 162 of 427 members are male Collapse of the Soviet Union Northstar formed, our own state guarantee agency Film: “Beauty and the Beast,” “The Silence of the Lambs” Music: “Losing My Religion” by R.E.M., “From a Distance” by Bette Midler Sports: MN Twins win second World Series! MHECB changed definition of full time for state grant to 15 credits MAFAA Matters to 10 issues World Series, Super Bowl, Final Four, and Special Olympics and MASFAA all came to Minnesota Minnesota’s Paul Aasen elected NASFAA President-elect NATIONAL EVENTS MAFAA HISTORY President Daniel C. Nelson Bethel College Annual Revenues exceeded $100,000 for first time Created position of Vice President Developed policymakers guide to financial aid Taskforce to look at shared responsibility model for state grant Bill Clinton elected president FEDERAL LEGISLATION Mall of America opened in Bloomington, MN Major fire at Windsor Castle Higher Education Amendments: Film: “Unforgiven,” “Wayne’s World” Renamed GSL “Federal Music: “Unforgettable” by Natalie and Nat King Cole Family Education Loan Program,” or FFELP loans TV: Johnny Carson hosts “The Tonight Show” for the Created a Federal last time, Lawrence Welk passes away Unsubsidized Loan Eliminated PLUS loan limits Required development of common FFELP application, promissory notes, and deferment forms MAFAA HISTORY President Christopher Halling University of Minnesota, Twin Cities Financial Aid Symposium for Legislators Job descriptions written for elected positions Concern about MAFAA support of direct lending NASFAA Award Service to Constituents Policymakers Guide Jim Schmidt, chair NATIONAL EVENTS FEDERAL LEGISLATION Student Loan Reform Act Higher Education Technical Amendments Established Direct Loans by expanding pilot program Made adjustments to FFEL to create parity with DL Added income contingent repayment U.S. and other forces battled warlords in Mogadishu, Somalia Mississippi River Floods: “The Mississippi River will always have its own way; no engineering skill can persuade it to do otherwise…” Mark Twain Film: “Schindler’s List” Music: “Tears in Heaven” by Eric Clapton TV: “The X-Files” premiere MAFAA HISTORY NATIONAL EVENTS President Karen Knighton Moorhead State University North American Free Trade Agreement (NAFTA) took effect MAFAA established a reserve fund MAFAA saw membership growth from associate members and support staff Increase in training opportunities FEDERAL LEGISLATION Bankruptcy Reform Act Improving America’s Schools Act ED began unannounced federal program reviews First MAFAA Leadership Symposium held at Augsburg Renamed the Direct Loan Program to William D. Ford Federal Direct Loan Program NASFAA Award Leadership Symposium, Jim Schmidt, Chair New disclosures of athletically related information U.S. Senator Tom Daschle of SD became the U.S. Senate minority leader Nicole Brown Simpson and Ronald Goldman murdered in Brentwood, CA Film: “Forrest Gump,” “Dumb and Dumber” Music: “I Will Always Love You” by Whitney Houston, “All I Wanna Do” by Cheryl Crow Sports: Major League Baseball strike, Skater Nancy Kerrigan assaulted at Winter Olympics MAFAA HISTORY NATIONAL EVENTS President Jim Schmidt Riverland Technical College U.S. rescued Mexico’s economy with $20 billion aid program MAFAA produced child care video to program resulting in increased funding to the Film: “Toy Story,” program 168 killed in Oklahoma City bombing Leadership Symposium DVD media format introduced Russian space station Mir docked with U.S. space shuttle Atlantis “Fargo” TV: “Friends” NASFAA Award eBay and Yahoo! founded Music: “Gangsta’s Service to Profession: Paradise” by Coolio MAFAA HISTORY NATIONAL EVENTS President Pat Berktold Hennepin Technical College Clinton signs line-item veto bill Financial aid awareness week with phone-a-thon over 1000 calls received Developed policy on political involvement of MAFAA Sector changes with merger of some two-year technical and community colleges FEDERAL LEGISLATION Omnibus Consolidated Rescissions and Appropriations Act Prohibited a student from receiving a Federal Pell Grant at a school that is ineligible to participate in the FFEL or Direct Loan programs as the result of high cohort default rates NASFAA Award: Maximum Federal Pell Grant Professional Development of $2,470 for the 1996-97 Dave Dahlen, chair award year Focus on the Future curriculum in elementary school Dolly the Sheep cloned Median Household Income (current dollars): $35,492 Population: 5.760 billion Film: “Braveheart” Music: Alanis Morissette Sports: Michael Johnson fastest man in the world at Summer Olympics Katharine Ruby MAFAA 2008-2009 PRESIDENT NATIONAL EVENTS MAFAA HISTORY President Cathy Lund-Ziebarth Cambridge Community College MAFAA sponsored bus of volunteers to assist with midwest floods FEDERAL LEGISLATION Taxpayer Relief Act of 1997: Debut of Brad Riebel’s “Living with Passion!” column Created the HOPE Scholarship Tax Credit First ‘fall’ conference Lifetime Learning Tax Credit Restored the deductibility for student loan interest for 60 months Created new Education I.R.A.s Comet Hale-Bopp is the closest it will be to Earth until 4397 Hong Kong returns to Chinese rule Madeleine Allbright becomes first female Secretary of State Mother Theresa dies at 87 Diana, Princess of Wales, killed in auto crash TV: Teletubbies premiere Sports: Green Bay Packers win Super Bowl XXXI MAFAA HISTORY NATIONAL EVENTS President David Dahlen Dakota County Technical College FEDERAL MAFAA Chicken burned at LEGISLATION spring conference ISEEK started 5.6 million increase to State Grant, child care from $1700 to $2000 New MAFAA logo with change in sectors Higher Education Amendments: Allowed Financial Aid Administrators authority to limit borrowing in specific majors for years in school Allowed Financial Aid Administrators authority to refuse to certify a loan for students they believe have no intention of repaying Maximum Pell is $3000 Ted Kaczynski, “The Unabomber” sentenced Clinton - Lewinsky scandal dominated headlines Europeans agree on single currency, the Euro Jesse Ventura elected governor of Minnesota Google founded Film: “Titanic” was highestgrossing movie of all time Science: The FDA approves drug Viagra MAFAA HISTORY President Patty Holycross Itasca Community College Treasurer-elect position created NATIONAL EVENTS FEDERAL LEGISLATION Archives moved to Office of Higher Education Direct Lending introduced loan discounts: - 1% reduction in origination fees - 0.25% interest rate reduction for autodebit MAFAA Policy and Procedures manual developed NASFAA’s Statement of Ethical Principles Adopted MAFAA “Chicken” takes on a new look MAFAA webpage launched: mafaa.org Y2K loomed as a ticking time bomb The first human hand transplant is performed in the U.S. Shootings at Columbine The Dow Jones Industrial Average closed above 11,000 for the first time Film: “Star Wars - Episode I,” “The Matrix” Music: Celine Dion “My Heart Will Go On” TV: “SpongeBob SquarePants” NATIONAL EVENTS MAFAA HISTORY President Susan Neppl Minneapolis College of Art and Design First on line election of officers MASFAA in Minneapolis with Minnesota-style theme: “UpNorth.edu” Johnny Holm Band returns FEDERAL LEGISLATION Lenders sued Department of Education to block ED from offering loan discounts without offering similar discounts to FFELP borrowers ED countered - would save students money by reducing costs; necessary for parity with FFELP discounts Y2K did not eat our computers! U.S. Presidential Election closest in decades I LOVE YOU Virus trashes computers world wide Film: “Gladiator” Music: “Supernatural” by Santana Sports: Tiger Woods becomes the youngest player to win a Grand Slam in Golf MAFAA HISTORY President Herald Johnson Augsburg College MAFAA has two-day conference in January MAFAA’s Masters Leadership Program established MAFAA Matters goes on line Leadership Symposium expands to one year NATIONAL EVENTS FEDERAL LEGISLATION Bush tax cuts USA Patriot Act signed into law September 11 terror attacks Anthrax scare rivets nation Artificial heart implanted in man Film: “A Beautiful Mind” Music:"Beautiful Day” by U2 Sports: Dale Earnhardt killed in crash at the Daytona 500 MAFAA HISTORY NATIONAL EVENTS President Jayne Dinse South Central Technical College “No Child Left Behind Act” signed into law Regional Financial Aid Nights Early Awareness Events reach 1230 kids Associate Member Taskforce FEDERAL LEGISLATION Higher Education Relief Opportunities for Students Act Gives Secretary of Education broad authority to waive regulatory or statutory requirements to respond to the needs of students, families, and student loan borrowers in the aftermath of the September 11 attacks Queen Mother dies in UK at age 101 Senator Paul Wellstone killed in plane crash Modern BlackBerry introduced Film: “The Hours,” “My Big Fat Greek Wedding,” “Spider Man” Music: Album of the year “O Brother, Where Art Thou?” soundtrack Sports: Winter Olympics in Salt Lake City MAFAA HISTORY President Jeff Olson Bethel University First Associate Member included in Executive Council Established Awards Committee MAFAA 35th Celebration at fall conference with MN Supreme Court Justice the Honorable Alan Page NASFAA Recognized MAFAA for Masters in Leadership Program NATIONAL EVENTS FEDERAL LEGISLATION Operation Iraqi Freedom: U.S. and coalition troops invade Bahgdad Space Shuttle Columbia disintegrates during reentry over Texas U.S. Supreme Court upholds Affirmative Action in University of Michigan Admissions Apple introduced iTunes in Grutter v. Bollinger music store Film: “Chicago,” “Pirates of the Caribbean” Music: Norah Jones MAFAA HISTORY President Pam Engebretson University of Minnesota, Morris Minnesota hosted NASFAA Conference in July at Minneapolis Convention Center and Downtown Hilton Selected First Outstanding New Professional: Jessica Sidla NATIONAL EVENTS Indian Ocean tsunami: deadliest in history (magnitude 9.0) Facebook founded 2004 Olympics in Athens featured 10,625 athletes from 201 nations Film: “Lord of the Rings,” “Shrek 2” Music: Coldplay, OutKast MAFAA HISTORY NATIONAL EVENTS President John Pogue Inver Hills Community College About 11 million Iraqis turn out to select their first permanent Parliament since the overthrow of Saddam Hussein MAFAA moves to block grant for sponsorship FEDERAL LEGISLATION Higher Education Reconciliation Act HERA is a HERO MAFAA offers FREE training Stafford max to $3,500 Grad PLUS Broadened teacher loan forgiveness HERA is no HERO Historic destruction from hurricanes Katrina and Rita YouTube launched Music: “Genius Loves Company” by Ray Charles and guests Sports: Lance Armstrong wins 7th straight Tour de France MAFAA HISTORY President John Pogue Inver Hills Community College College Goal Sunday comes to Minnesota through Lumina Grant NATIONAL EVENTS FEDERAL LEGISLATION The Third Higher Education Extension Act Jim ‘The Rookie’ Morris at Fall conference Academic Competitive Grant (ACG) NASFAA Celebrates 40th Anniversary at National Conference in Seattle, WA Increased loan limits for first and second years: $2625 to $3500 $3500 to $4500 NASFAA Award to Early Awareness Committee, Susan Prater, Chair Expanded eligibility for Simplified Need Test to those who receive means tested federal benefits SMART Grant North Korea tested its first nuclear weapon Dow closes above 12,000 for the first time Saddam Hussein executed in Baghdad Pluto reclassified a “Dwarf Planet” Film: “Crash” Music: U-2 dominates Grammy awards NATIONAL EVENTS MAFAA HISTORY President Scott Roelke Dakota County Technical College Developed New Funding Model for MAFAA Access and Diversity Committee implemented Most Livable Countries 2007: Iceland, Norway, Australia, FEDERAL LEGISLATION Canada, Ireland, Sweden, Switzerland, Japan, Netherlands, France College Cost Reduction 35W bridge collapse and Access Act (CCRA) Nancy Pelosi became Dept. of Ed. pulled out first female Speaker of of NASFAA Conference the House MN College Goal Sunday Washington, D.C. iPhone introduced Spring Conference Speakers: Vince Papale Billy Mills Film: “No Country for Old Men” Music: Amy Winehouse TV: Discovery Channel’s “Planet Earth” series Lender Lists, RFP, RFI Code of Conduct MAFAA HISTORY NATIONAL EVENTS President Katharine Ruby St. Olaf College National mortgage crisis erupts FEDERAL LEGISLATION MAFAA celebrates its Ensuring Continued Access RUBY ANNIVERSARY to Student Loans Act Raised Stafford loan limits Established new optional at both fall and repayment terms for Parent spring conferences! PLUS Eased credit criteria for Parent & Grad PLUS loans Loosened eligibility restriction on who is eligible for LLR loans Oil broke $100 per barrel barrier; gas prices exceeded $4.00 per gallon African American elected US president Beijing Olympics Northwest/Delta merger Congratulations MAFAA on 40 years of service to students, financial aid, and training of colleagues. Best wishes for many more years of success and service! MAFAA 40th Anniversary Taskforce Sandy Sundstrom & Dianne Danov, Co-Chairs Diane Borchardt, Jayne Dinse, Cheryl Dooley, Herald Johnson, Jeanette Maynard Nelson, Kris Parker, Brad Riebel, Kerri Schmidt, Carol Swenson