The Rocky Mountain Association of Student Financial Aid Administrators A Brief History of The Rocky Mountain Association of Student Financial Aid Administrators The States Represented At the 1st Meeting: *Colorado *Idaho *Montana *Utah *Wyoming RMASFAA Was Organized To: 1. Promote and facilitate the coordination of student financial aid programs. 2. Advise and assist in the promotion and development of effective programs of student financial aid. 3. Promote and facilitate communication between higher education institutions and the sponsors of student aid funds. 4. Foster and promote high standards of professional preparation of financial aid administrators and counselors in institutions of higher education and other public and private agencies. Clark J. Wold President Education Assistance Corporation PRESIDENT’S PLAQUE 1968-69 Oscar R. "Jack" Hendrix University of Wyoming 1969-70 James Sanderson University of Utah 1970-71 Harry E. Collins University of Northern Colorado 1971-72 Richard Winder College of Idaho at Caldwell 1972-73 James Craig Montana State University 1973-74 Wayne Tesmer North Dakota State University 1974-75 Donald Scott Augustana College 1975 Mark Heffron University of Colorado-Boulder 1975-76 Sylvia Webster University of Northern Colorado 1976-77 James Bishop Northern State College 1977-78 James Gordon Colorado State College RMASFAA HISTORY Date incorporated and charter states. RMASFAA Origination Colorado Idaho Montana Utah Wyoming NATIONAL EVENTS Martin Luther King and Robert Kennedy assassinated. •Richard Nixon elected president. •“The Graduate” Simon & Garfunkel album NATIONAL EVENTS •Neil Armstrong became 1st person to set foot on the moon. •Woodstock attended by 500,000+ World Series NY Mets d. Baltimore (4-1) RMASFAA HISTORY NATIONAL EVENTS Conference Site: •Movie-M*A*S*H •Midnight Cowboy- Best Picture Oscar •First Earth Day celebrated •IBM introduces the floppy disc, bar codes first used •RMASFAA HISTORY •Conference Site: Montana NATIONAL EVENTS •Sports – Nebraska NCAA football champions (13-0-0) •Intel develops the microprocessor •June 30, 26th Amendment ratified lowering voting age to 18. RMASFAA HISTORY NATIONAL EVENTS •New – Electronic mail started •Video games – Higher Ed Reauthorization Created: Basic Opportunity Grant First federal need analysis methodology RMASFAA HISTORY •Conference Site: Wyoming •Idaho leaves RMASFAA NATIONAL EVENTS •New – TCIP/IP designed •Vietnam peace pacts signed in Paris •Movies – The Godfather •North & South Dakota join RMASFAA RMASFAA HISTORY Conference Site: Utah NATIONAL EVENTS * •President Nixon resigned and Gerald R. Ford sworn in as 38th U.S. President. •People with Mia Farrow on the first cover of People. RMASFAA HISTORY Conference Site: Colorado NATIONAL EVENTS •T.V. – Saturday Night Live premieresGeorge Carlin first host •Music – “I Honestly Love You” Olivia Newton-John RMASFAA HISTORY Conference Site: South Dakota FEDERAL • LEGISLATION NATIONAL EVENTS •July 4, U.S. celebrated 200th Anniversary of Independence Day Higher Education Amendments of 1976 *Reauthorized Title IV programs *Created student consumer information requirements *Authorized processing of need analysis data by Multiple Data Entry Processors(MDEs) •Sports – Dorothy Hamill figure skating gold medalist in Winter Olympics • Movies – “Rocky” RMASFAA HISTORY • FEDERAL LEGISLATION NATIONAL EVENTS •Movies"Star Wars” & “Saturday Night Fever” Higher Education Amendments *Reauthorized Title IV programs *Created student consumer information requirements *Authorized processing of need analysis data by Multiple Data Entry Processors (MDE’s) •New – Space Shuttle Michael Johnson Policy & Training Utah Higher Education Assistance Authority PRESIDENT’S PLAQUE 1978-79 William Jones South Dakota School of Mines 1979-80 Michael Johnson Utah Technical College 1980-81 Donald Mullen University of Montana 1981-82 Robert Pike University of Nebraska 1982-83 Mary Lou Hildebrandt Northern State College 1983-84 Gary Schultz Colby Community College 1984-85 Bruce Anderson North Dakota State University 1985-86 Richard "Dick" Koontz Bethel College 1986-87 Craig Walker Colorado State College 1987-88 Dan Klock Wyoming Technical Institute RMASFAA HISTORY Conference Site: FEDERAL LEGISLATION North Dakota Middle Income Student Assistance Act (MISAA) NATIONAL EVENTS •First test tube baby born in Great Britain •Movies – The Deer Hunter, Superman, Grease additional dollars to *Appropriated existing aid programs. *Expanded BEOG eligibility to include middle-and upper-middle income families. •TV Shows – The Mary Tyler Moore Show •RMASFAA HISTORY •Conference Site: Montana NATIONAL EVENTS •Three Mile Island Partial Meltdown •Larry Bird (Indiana State) NCAA Basketball Championship Game NATIONAL EVENTS RMASFAA HISTORY Nebraska joins RMASFAA FEDERAL LEGISLATION Higher Ed Reauthorization •Conference Site: Salt Lake City, UT What new loan program was created by the 1980 Higher Ed Amendments? PLUS Program Allowed Middle-income parents to borrow No restrictions on income $3,000 per year per dependent •Ronald Reagan becomes 40th US President •Music – Call Me Blondie •Sports – Miracle on Ice US Hockey Team wins Olympics over USSR •TV Shows – Magnum PI RMASFAA HISTORY Kansas joins RMASFAA •Conference Site: Snow King Resort Jackson Hole, WY • FEDERAL LEGISLATION NATIONAL EVENTS •Movies – Raiders of the Lost Ark Omnibus Budget Reconciliation Act (OBRA) NEED was reintroduced as a condition for eligibility for guaranteed loans. • Prince Charles and Lady Diana Spencer Wed RMASFAA HISTORY Articles of Incorporation are filed in North Dakota 1st Summer Institute held at University of Colorado – Boulder, CO Conference Site: Red Lion Hotel Omaha, NE NATIONAL EVENTS FEDERAL LEGISLATION Movies – E.T. Defense Authorization Acts •T.V. Shows – Cheers Student Financial Assistance Technical Amendments Music – Eye of the Tiger – Survivor RMASFAA HISTORY Conference Site: Vail Manor Vail, CO NATIONAL EVENTS •Population: 233,791,994 •Median Household Income (current dollars): $20,885 •Wimbledon Women: Martina Navratilova d. A. Jaeger (6-0 6-3) Men: John McEnroe d. C. Lewis (6-2 6-2 6-2) RMASFAA HISTORY Conference Site: NATIONAL EVENTS •Sports – Los Angeles hosts the Olympic Games Holiday Inn Rapid City, SD •Movies – Back to the Future •TV Shows – Miami Vice RMASFAA HISTORY • The Initial Year of the Distinguished Service Award Mary Heidrick Keith Ninemire Gary Schultz Glenn ‘Skip’ Sharp Larry Viterna The Initial Year of the RMASFAA Hall of Fame AWARD Jim Gordon, Colorado State University Conference Site: Crown Plaza Hotel Wichita, KS FEDERAL LEGISLATION Consolidated Omnibus Budget Reconciliation Act NATIONAL EVENTS •"What's Love Got to Do With It," by Tina Turner “New Coke” introduced and fails. RMASFAA HISTORY Conference Site: Holiday Inn Bismarck, ND FEDERAL LEGISLATION Consolidated Omnibus Budget Reconciliation Act *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 a Lender-of-LastResort program be available NATIONAL EVENTS •January 20, First officially observed Martin Luther King, Jr. Day •Space shuttle “Challenger” exploded killing 6. • RMASFAA HISTORY •Conference Site: Holiday Inn Billings, MT NATIONAL EVENTS •Bill Gates becomes a Billionaire •Aretha Franklin becomes the first woman inducted into the Rock and Roll Hall of Fame. Janet Dodson Vice President, Policy, Research and Education National Student Loan Program PRESIDENT’S PLAQUE 1988-89 Karen Webber Regis College 1989-90 Glenn "Skip" Sharp Northwest Kansas AVTS 1990-91 Robert Walker Creighton University 1991-92 John Gritts Black Hills State University 1992-93 Dale Gehring Minot State University 1993-94 Dean Obenauer Northwest College 1994-95 Larry Moeder Kansas State University 1995-96 Roger Koester Colorado School of the Mines 1996-97 Janet Dodson Doane College 1997-98 Sandy Calhoun Colorado State University NATIONAL EVENTS RMASFAA HISTORY President’s Special Award Dan Lau, US Department of Education, Washington DC Paul Tone Department of Education, Region VIII Conference Site: Cornhusker Hotel Lincoln, NE FEDERAL LEGISLATION GSL renamed Stafford Senator Robert T. Stafford (R-VT) honored by renaming GSL program the “Stafford Loan” •Movie-“Rain Man” won an Oscar for the best movie. •Cost of a first-class stamp: $0.22 CDs outsell vinyl records for the first time. RMASFAA HISTORY NASFAA Leadership Award Bruce Anderson, North Dakota State University FEDERAL LEGISLATION Student Loan Reconciliation Amendments of 1989. NATIONAL EVENTS •After 28 years the Berlin Wall is open to the West. •Movies: Conference Site: Hitching Post Inn Cheyenne, WY Born on the Fourth of July, Field of Dreams • RMASFAA HISTORY NASFAA Leadership Award NATIONAL EVENTS FEDERAL LEGISLATION Mike Johnson Student Right-toKnow and Campus Security Act Utah Valley State College *Required Conference Site: Prospector Square Park City, UT T.V.-Seinfeld debuts institutions to disclose: *Certain graduation and job-placement rates. *Campus security policies and campus crime statistics. •Movie-Dances with Wolves NATIONAL EVENTS RMASFAA HISTORY • Movie-Beauty & the Beast NASFAA Leadership Award Dick Koontz Bethel College (KS) Top 100 Hits of 1991: Everything I Do I Do It For You Bryan Adams From A Distance, Bette Midler Conference Site: Westin Inn Vail, CO Losing My Religion, R.E.M. Perfect Game in Baseball Dennis Martinez Montreal at LA 7/28/1991 Play That Funky Music, Vanilla Ice 2-0 RMASFAA HISTORY NASFAA Leadership Award Don Siemsen Manhattan Area Technical College Conference Site: Howard Johnson Hotel Sioux Falls, SD • FEDERAL LEGISLATION NATIONAL EVENTS •Lawrence Welk passes away. Higher Education Reauthorization *Renamed GSL Program to “Federal Family Education Loan Program,” or FFELP loans. *Created a Federal Unsubsidized Loan. *Eliminated PLUS loan limits. *Required development of common FFELP application, promissory not, & deferment forms. •Johnny Carson hosts The Tonight Show for the last time. • RMASFAA HISTORY Committee of the Year Professional Development NASFAA Leadership Award Rita Bayless St. Mary’s of the Plains (KS) Conference Site: DoubleTree Hotel Overland Park, KS RMASFAA 25th Anniversary NATIONAL EVENTS FEDERAL LEGISLATION Student Loan Reform Act •Mississippi River Flood •Mark Twain-“The Mississippi River will always have its own way, no engineering skill can persuade it to do otherwise…” “Unforgiven” Clint Eastwood’s movie wins the Oscar. NATIONAL EVENTS RMASFAA HISTORY The Initial Year of the Oscar R. ‘Jack’ Hendrix Award (Rookie of the Year) Deb Riding, University of Utah NASFAA Leadership Award John Gritts, Black Hills State University Conference Site: Holiday Inn Fargo, ND •January 1, North American Free Trade Agreement took effect FEDERAL LEGISLATION •U.S. Senator Tom Daschle of SD became the U.S. Senate minority leader Bankruptcy Reform Act of 1994 Improving America’s Schools Act of 1994 Ed began unannounced federal program reviews. •Cheryl Crow Tops charts with “All I wanna do” RMASFAA HISTORY NASFAA Leadership Award Glenn ‘Skip’ Sharp,Northwest Kansas Technical School Conference Site: Grouse Mountain Lodge Whitefish, MT NATIONAL EVENTS U.S. rescues Mexico’s economy with $20billion aid program. Russian space station Mir greets first Americans and docks with U.S. shuttle. Toy Story tops the movie charts NATIONAL EVENTS RMASFAA HISTORY Summer Institute moves to Colorado College – Colorado Springs, CO NASFAA Leadership Award Robert Walker, Creighton University (NE) Conference Site: Red Lion Hotel Omaha, NE First sightings of Corn Cob Man MACARENA FEDERAL LEGISLATION Omnibus Consolidated Rescissions and Appropriations Act of 1996 *For the 1996-97 award year, established maximum Federal Pell Grant of $2,470 for 1996-97 *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 •Music-Macarena (Bayside Boys Mix), Los Del Rio •Median Household Income (current dollars): $35,492 •Population: 5.760 billion •Clinton signs line-item veto bill •Michael Johnson fastest man in the world NATIONAL EVENTS RMASFAA HISTORY NASFAA Leadership Award Donna Johnson, Norwest Banks FEDERAL LEGISLATION President’s Special Award Gary Schultz Target Marketing, Inc. Tax Relief Act of 1997: Conference Site: Holiday Inn Sheridan, WY *Life Time learning Tax Credit *Created the HOPE 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. US spacecraft begins exploration of Mars • Hong Kong returns to Chinese rule . •Mother Theresa dies at 87. Curt Martin Director of Financial Aid Mesa State College PRESIDENT’S PLAQUE 1998-99 Sue Weinreis Montana State University 1999-00 Joan Zanders Northeast Community College 2000-01 Wilma Kasnic Emporia State University 2001-02 Darry Voigt Casper College 2002-03 Jim Swanson University of Nebraska 2003-04 Mary Sommers University of Nebraska 2004-05 Peg Mason Colorado School of Mines 2005-06 Sally Schuman University of Wyoming 2006-07 Cristi Easton Millard RMASFAA HISTORY NASFAA Leadership Award Larry Moeder, Kansas State University NATIONAL EVENTS FEDERAL LEGISLATION Higher Ed Reauthorization Conference Site: DoubleTree World Arena Colorado Springs, CO 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 •Movies: Titanic becomes the highest-grossing film of all time •Science: The FDA approves the male impotence drug Viagra. •Europeans agree on single currency, the euro. NATIONAL EVENTS RMASFAA HISTORY NASFAA Leadership NASFAA Leadership Award Roger Koester Colorado School of Mines FEDERAL LEGISLATION Direct Lending introduced loan discounts: Conference Site: Dixie Center St. George, UT *1% reduction in origination fees *0.25% interest rate reduction for auto debit Why did DL introduce these discounts? *Y2K loomed as a ticking time bomb. The world awaits the consequences of the Y2K bug with more drastic millennial theorists warning of Armageddon. The first human hand transplant is performed in the U.S. The Dow Jones Industrial Average closes above 11,000 for the first time NATIONAL EVENTS RMASFAA HISTORY NASFAA Leadership Award FEDERAL LEGISLATION Dean Obenauer, Creighton University (NE) Lenders sued Department of Education • Conference Site: *To block ED from offering loan discounts without offering similar discounts to FFELP borrowers Holiday Inn Rapid City, SD ED countered *Would save students money by reducing costs *Necessary for parity with FFELP discounts •U.S. Presidential Election closest in decades. Florida recounts take months. •I LOVEYOU Virus trashes computers world wide •Tiger Woods becomes the youngest player to win a Grand Slam in Golf RMASFAA HISTORY NATIONAL EVENTS NASFAA Leadership Award Phil Van Horn Wyoming Student Loan Corporation •Anthrax scare rivets nation, as letters are sent to various media and government officials. Conference Site: Hyatt Regency Wichita, KS FEDERAL LEGISLATION The Economic Growth and Tax Relief Reconciliation Act •Artificial heart implanted in man. *Increased contribution level for Education IRAs •Record of the Year: "Beautiful Day,“ U2 *Qualified Tuition Program expanded *Student loan interest deduction 60-month limit repealed and increased the income phase-out for use of the deduction RMASFAA HISTORY NATIONAL EVENTS Initial Year for the Ron Smout Award for Teaching and Mentoring •Movies- Spider Man, Lord of the Rings Larry Viterna, USA Funds Services NASFAA Leadership Award Bob Neas, North Dakota State University Conference Site: Radisson Inn Bismarck, ND 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 attack. •Queen Elizabeth dies in UK NATIONAL EVENTS RMASFAA HISTORY Summer Institute held at Regis University, Denver, CO NASFAA Leadership Award Sue Weinreis, Montana State University - Billings Conference Site: Big Sky Resort Big Sky, MT FEDERAL LEGISLATION •Deaths *John Ritter *Bob Hope *Fred Rogers Supreme Court Upholds Affirmative Action in University Admissions •Movies: Pirates of the Caribbean •Apple Computer introduces iTune Music Store RMASFAA HISTORY NATIONAL EVENTS •Indian Ocean Tsunami: The Deadliest in History Summer Institute relocated to Colorado School of Mines, Golden CO NASFAA Leadership Award Sandy Calhoun, Colorado State University Conference Site: Embassy Suites Omaha, NE Magnitude=9.0 •2004 Olympics in Athens * 201 nations *10,625 athletes •Movies-Shrek 2 RMASFAA HISTORY NATIONAL EVENTS NASFAA Leadership Award •Worldwide aid pours in to help the eleven Asian countries devastated by the Dec. 26, 2004, tsunami. Joan Zanders, Northeast Community College (NE) President’s Special Award Roger Koester Colorado School of Mines Conference Site: Snow King Resort Jackson Hole, WY FEDERAL LEGISLATION Higher Education Reconciliation Act •Record of the Year: HERA is a HERO * Stafford max to $3,500 *Grad PLUS Katrina- Historic destruction •About 11 million Iraqis turn out to select their first permanent Parliament since the overthrow of Saddam Hussein. *Broadened teacher loan forgiveness HERA is no HERO "Here We Go Again," Ray Charles & Norah Jones RMASFAA HISTORY NASFAA Leadership Award Jim Swanson Colorado College President’s Special Award NATIONAL EVENTS FEDERAL LEGISLATION *ACG Grant Brett Lief NCHELP Conference Site: Sheraton City Centre Hotel Salt Lake City, UT *SMART Grant •Spacecraft “New Horizons” launched for nine-year journey to study Pluto • Dow Jones Industrial Average closes above 12,000 for the 1st time •Academy Award, Best Picture: Crash •Korea tests its first Nuclear weapon RMASFAA HISTORY Conference Site: Beaver Run Resort Breckenridge, CO NATIONAL EVENTS FEDERAL LEGISLATION College Cost Reduction & Access Act (CCRA) Most Livable Countries 2007 1.Iceland 2.Norway 3.Australia 4.Canada 5.Ireland 6.Sweden 7.Switzerland 8.Japan 9.Netherlands 10.France *Published annually by the UN. Criteria for calculating rankings include: life expectancy, adult literacy, school enrollment, educational attainment, and adjusted real income. NATIONAL EVENTS RMASFAA HISTORY Summer Institute held at University of Utah in Salt Lake City, UT NASFAA Leadership Award Janet Dodson National Student Loan Program Conference Site: Sheraton Sioux Falls & Convention Center Sioux Falls, SD RMASFAA Celebrates 40 Years! FEDERAL LEGISLATION Ensuring Continued Access to Student Loans Act *Raised Stafford loan limits *Established new optional repayment terms for Parent PLUS *Eased credit criteria for Parent & Grad PLUS loans *Loosened eligibility restriction on who is eligible for LLR loans •National Mortagage Crisis erupts •Oil breaks $100 /barrel barrier •Gas Prices Clear $4.00 Gallon • First Women nominated to Republican presidential ticket •African American wins democratic nomination for president Congratulations RMASFAA on 40 years of service to students, financial aid, and training of colleagues. Best Wishes on many more years of success and service! RMASFAA 40th Anniversary Committee