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The financial aid office, incredibly beneficial to schools, can provide incredible risks to schools.  The latest challenges pertain to the Graham Leach Bliley Act (GLBA) and changes in the Department of Education Financial Viability Ratios.

Business Risks from the Student Financial Aid Office

Gone are the days of siloing responsibilities and each office working independently. While segregation of duties and internal controls remain vital to a higher education institution’s health, they are insufficient on their own. A failure to thoughtfully consider the related impacts between functional areas or departments creates business risks that may stilt your institution’s ability […]

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Among the student aid myths sometimes believed in Christian colleges are ones suggesting the government will tell the school that it cannot teach from a Biblical worldview.

Federal Student Aid Myths That Christian Colleges Believe

We are frequently asked, “How will my institution be negatively affected by participating in the Higher Education Act Title IV student financial assistance programs?” Student aid myths abound. Many negative tales are spread by well-meaning people that convince some institutions to not participate in these programs. We have even heard of college presidents, directors, and […]

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iI is important that we do everything possible to be securing records.

Securing Records Before the Storm

Are you prepared? Have you been adequately securing records? Do you have a disaster recovery plan? What would happen to you, your institution, and your students in the event of a disaster? While the nation is recovering from the most recent storms—Harvey, Irma, and Maria—we reflected on our preparedness at Weber & Associates. We know […]

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When a Dept of Ed auditor checks on how you are managing your Title IV programs, don't get caught with one of the three most common errors discovered in the Return of Title IV Funds.

Dangers in the Managing of Title IV Programs

Recent audits and U.S. Department of Education program reviews reveal several areas which if mishandled or overlooked can cause problems for institutions. In our efforts to alert you to potential problems, we also offer solutions or procedures to avoid dangers in managing Title IV for your school. Here are a few: Return of Title IV […]

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financial aid regulations and Donald Trump

Trump Administration and FAFSA: What to Expect

Having survived federal financial aid transactions through eight presidents, I offer my thoughts on the ninth—President Donald Trump—and how his administration may affect the education system and financial aid regulations. Education regulations and programs are initiated by the U.S. Congress and ushered in under a president who does not object and, thus, receives credit for […]

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Find financial aid offices issues so that the US Dept. of Ed. does not!

11 Symptoms of Financial Aid Office Trouble

Overseeing the financial aid office is a daunting task with many possible points of failure and a whole new vocabulary. When the office is not running at optimum health, errors and omissions will appear in audits or program reviews by the U.S. Department of Education. Such financial aid office trouble can result in great cost […]

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Yes, financial aid impacts admissions.  Choose policies wisely.

Financial Aid Impacts Admissions: 12 Solutions to Potential Problems

Christian colleges, universities, and schools face a myriad of challenges that threaten much-needed revenue streams. The majority of schools lack substantial endowments and must rely on net tuition dollars to meet growing expenses. This financial challenge is compounded with the following realities in today’s higher education market: Demographics are evolving in ways likely to create […]

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