From DanGHolt at aol.com Mon May 6 22:07:35 2002 From: DanGHolt at aol.com (DanGHolt@aol.com) Date: Tue Mar 23 20:21:52 2004 Subject: [Oasfaa] position available in Springfield, Missouri Message-ID: <2086D503.52CB4168.006E4D09@aol.com> Announcement Date: May 3, 2002 FINANCIAL AID COORDINATOR Southwest Missouri State University is accepting applications for a Financial Aid Coordinator in the Office of Financial Aid. Responsibilities include the administration of a unit within the Office of Financial Aid, including planning, organizing, and directing the unit; ensuring compliance with federal, state and university regulations; developing and administering policies and procedures; analyzing practices to enhance service; supervising staff; and providing financial aid counseling to students; representing the University at state and regional conferences, area schools, and lending institutions; and acting as a liaison with high school students, parents and administrators. Bachelor's degree in Business, Public Administration, Guidance and Counseling, Student Personnel Services, or a related field is required. Master's degree in areas outlined above is preferred. Three years experience in an automated financial aid office; excellent communication skills; leadership; human resource management; problem solving; public speaking; and proficiency with computers are required. Prior supervisory experience in financial aid or a student affairs area is preferred. Anticipated starting date August 2002. Salary: $32,000/annually. Submit a letter of interest, resume, copy of transcript and name, address, and phone number of three professional references by May 24, 2002 to: Office of Human Resources Southwest Missouri State University 901 S. National Springfield, MO 65804 Billie Jo Hamilton, Director Student Financial Aid Southwest Missouri State University 901 S. National Springfield, MO 65804 (417) 836-5262 From Larry_Hollingsworth at mail.okbu.edu Tue May 7 09:25:32 2002 From: Larry_Hollingsworth at mail.okbu.edu (Larry Hollingsworth) Date: Tue Mar 23 20:21:52 2004 Subject: [Oasfaa] In-home day care question Message-ID: Hi Friends, How do you assess the business value of a day care facility when the day care is in the provider's home? Do you use the business % shown on line 7 of Form 8829 (Expensees for Business Use of Your Home) to calculate the value? I'm wondering if using this percentage times the net value of the home would be a logical approach. Perhaps, this approach might be used for any business in the home. Or on the other hand, since it's the home, do you automatically rule out any business value other than inventory and equipment because we don't count the principle place of residence as an asset? What do you do/think? Larry From ACarver at okcu.edu Tue May 7 09:59:26 2002 From: ACarver at okcu.edu (Carver, Angela) Date: Tue Mar 23 20:21:52 2004 Subject: [Oasfaa] Oklahoma City University Message-ID: As you all may have heard Oklahoma City University (OCU) has gone through a major reorganization in April 2002. Several changes and moves have been made. Our Financial Aid office has been consolidated with our Bursar, Cashier's and Registrar's office for a new unit, Student Administrative Services (SAS). We are proud to announce our new Director of Student Administrative Services is Molly Roberts. (Yes, bless her heart this is a new job with triple duties because she is still our Fin Aid Director). Dr. Richard Hall is our new Vice President for Student Affairs (again a triple job as before he was VP of Enrollment Management). We are still located in the Clara Jones Administrative Bldg. on the 3rd floor, but we did move to the North end of the Hall. Our new SAS team is as follows: Vice President of Student Affairs - Dr. Rick Hall Director of Student Admin Services - Molly Roberts Financial Aid Bursar/Cashier's Registrar's Office Assistant Director of Fin Aid - Angie Carver Bursar - Dennis Harris Registrar - Charlie Monnot Kim Self (Packaging/Verification) Mary Whitehead (Assist Bursar/Perkins) Linda Wiedenmann Toni Jones (Loan Coordinator) Tina Stevens Sophie Snider Jennifer Clayborn (packaging/loans) Judi Sell Amy Noblin (Scholarships) Pam Bell Myra Beasley (General Fin Aid Info) Denise Fliss (Fin Aid Technology) We are in the process of cross training but it's the busy season, so we are a little slow on this process. Some job titles may change after July 1, 2002, but The Assist. Director of Fin Aid, the Bursar, Assist Bursar and Registrar will stay the same. This is a general idea of what everyone does now. Our general Fin Aid # is still (405) 521-5211 and we can be reached at finaid@okcu.edu. Other phone numbers in your OASFAA books are also still good as they have not changed. Thanks, Angie Carver Assistant Director of Financial Aid Oklahoma City University From Larry_Hollingsworth at mail.okbu.edu Tue May 7 14:49:24 2002 From: Larry_Hollingsworth at mail.okbu.edu (Larry Hollingsworth) Date: Tue Mar 23 20:21:52 2004 Subject: [Oasfaa] RE: In-home day care question Message-ID: Hi again, There appears to be a clear consensus regarding assessing the value of an in-home business. A summary of the repsonses are as follows: I would only count the inventory and equipment. Basically, you want to determine what the business value would have if it were sold. Since if the student (or parent) sold the business, they probably wouldn't sell the house, I would not count the house. Also, I don't know that a daycare, particularly a home daycare, would have much value, since it is primarily a service business. Kind of like a hair stylist. They may have a few thousand dollars in equipment, but basically their business is something that they do and can't be sold. ************************************************************************************* I only use equipment and inventory values when it is a business in the home. ************************************************************************************* I think you are on the right track of using the business inventory/ equipment/assets as "value of business" if it is in the primary residence; unless this is a separate building (separate from house garage converted into a daycare center). ************************************************************************************* I think you could use an allocation based on the value of the house if you used only the square footage used exclusively for day care. Basically the calculation for a home office deduction for the Internal Revenue Service. ************************************************************************************* I only consider the equipment value. ************************************************************************************* For what my opinion is worth, I agree with your last statement (since it's part of the principle place of residence, we don't count it as a resource). I think it's as fair as possible. I find the "value of business" question irritating anyway. To me, it's more often a case of, "Mr. Smith, if I were to make you an offer, how much do you want for you business?" ************************************************************************************* I would treat it just like I do the family farm vs. and investment farm. It is their principle place of residence therefore, would not count the home itself. I would only count tangible equipment. ************************************************************************************* I use only the business value -- not home. ************************************************************************************* I would probably only asses the parts of the business that could be sold. This would include only the items related to day care and not the home. If a student tells me they have a business I normally consider what it could be sold for today. ************************************************************************************* Thanks Marla, Vicki, Lee, Luke, Karen, Charlie, Deanna, Sherry and Jerome for taking time to help me out. Larry From ClientRelations at ogslp.org Wed May 8 14:18:05 2002 From: ClientRelations at ogslp.org (Client Relations) Date: Tue Mar 23 20:21:52 2004 Subject: [Oasfaa] Application Loan Phase Code (App Response Files) Message-ID: <67B1776185FFD311926100805FC11F9D01599062@HANDEL> Sallie Mae has identified an issue with the Application Loan Phase Code. The Application Loan Phase Code is a four character code indicating the current processing phase for the application or the loans. If you are a school or lender that utilizes the Application Loan Phase code, please be aware that your application response files may include the incorrect loan coded of PRNT (Application/Promissory Note has been printed and mailed) instead of the correct loan phase codes of either AELN (Approved by Guarantor) or ADIS (Awaiting First Disbursement). However, even though the app response file contained the incorrect loan phase code, it is appearing correctly on OGSLP's database, EAGLE. The app response files affected are those for 4/26, 4/27, 4/28, 4/29, 4/30, 5/1, 5/2 and 5/3. Sallie Mae is in the process of creating corrected files and a follow-up notification will be sent when this is complete. For further assistance in resolving this problem, please contact OGSLP's Client Relations Department at (405) 234-4329 or 1-800-247-0420 x329 or Sallie Mae's Electronic Services Department at 1-800-348-4606. Thank you for your patience. Client Relations OGSLP (405) 234-4329 or 1-800-247-0420 (405) 234-4459 - Fax clientrelations@ogslp.org -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.onenet.net/pipermail/oasfaa/attachments/20020508/ee568729/attachment.htm From sgold at osrhe.edu Thu May 9 09:31:08 2002 From: sgold at osrhe.edu (Gold, Sheri) Date: Tue Mar 23 20:21:53 2004 Subject: [Oasfaa] FW: Seminar on Non-Resident Alien Tax Issues-May 14th Message-ID: <4499418E013CC64FB4B568929828500402BBA9@ms.osrhe.edu> Please be reminded of the Free Tax Seminar scheduled for Tuesday, May 14th. Topics to be covered include: 1042 S Reporting Green Card Worker's Taxes Substantial Presence Test Tax Residency Rules Tax Treaties Publications 901, 515, 519 Forms 1040NR, 8233, W-8BEN, 1042S and more.......... There is no formal registration so please just come to the College Union Rooms 2 & 3 beginning at 9:00 am. on Tuesday, May 14th. Hope to see you there. The original message announcing the seminar is included below. ************************************************************************************************************************************************** > Please mark your calendars for a free seminar on tax issues relating to Non-Resident Aliens. The seminar will be held May 14, 2002, 9:00 am - 4:00 pm. > > Since the September 11th crisis the government is working to change and update regulations relating to foreign visitors and students attending classes or working in the United States. Please make plans to attend. > > Lowell Hancock, an IRS Tax Specialist, will be coming on Tuesday, May 14, 2002, to conduct a seminar to help update the public and private institutions in Oklahoma on the changing regulations. > > The seminar will be held on the campus of Oklahoma City Community College, 7777 South May Avenue, Oklahoma City, OK, in the College Union, Rooms 2 and 3. > > Persons who should benefit from the information presented include Business Officers, Bursars, Human Resource Personnel, Foreign Student Relations Offices and Financial Aid Personnel. Please help to spread the word. > > From pmcconahay at ou.edu Thu May 9 09:40:55 2002 From: pmcconahay at ou.edu (Mc Conahay, Pamela K) Date: Tue Mar 23 20:21:53 2004 Subject: [Oasfaa] FW: Seminar on Non-Resident Alien Tax Issues-May 14t h Message-ID: <55206A473154D011924D0020AFF7ACB50A6ABBC4@mail1.oulan.ou.edu> Are other aid officers planning on attending this seminar? I've looked at the topics and I can't figure out why we're encouraged to participate, can any of you? Pam McConahay Asst Dir., Compliance & Support Svcs University of Oklahoma Financial Aid Services 731 Elm, Rm 125, Norman OK 73019-2111 (405) 325-4617, fax (405) 325-7608 pmcconahay@ou.edu -----Original Message----- From: Gold, Sheri [mailto:sgold@osrhe.edu] Sent: Thursday, May 09, 2002 9:31 AM To: COBO (E-mail); oasfaa@onenet.net Cc: jeanne-turpin@mail.omrf.ouhsc.edu; hardesty@ku.edu Subject: [Oasfaa] FW: Seminar on Non-Resident Alien Tax Issues-May 14th Please be reminded of the Free Tax Seminar scheduled for Tuesday, May 14th. Topics to be covered include: 1042 S Reporting Green Card Worker's Taxes Substantial Presence Test Tax Residency Rules Tax Treaties Publications 901, 515, 519 Forms 1040NR, 8233, W-8BEN, 1042S and more.......... There is no formal registration so please just come to the College Union Rooms 2 & 3 beginning at 9:00 am. on Tuesday, May 14th. Hope to see you there. The original message announcing the seminar is included below. **************************************************************************** ********************************************************************** > Please mark your calendars for a free seminar on tax issues relating to Non-Resident Aliens. The seminar will be held May 14, 2002, 9:00 am - 4:00 pm. > > Since the September 11th crisis the government is working to change and update regulations relating to foreign visitors and students attending classes or working in the United States. Please make plans to attend. > > Lowell Hancock, an IRS Tax Specialist, will be coming on Tuesday, May 14, 2002, to conduct a seminar to help update the public and private institutions in Oklahoma on the changing regulations. > > The seminar will be held on the campus of Oklahoma City Community College, 7777 South May Avenue, Oklahoma City, OK, in the College Union, Rooms 2 and 3. > > Persons who should benefit from the information presented include Business Officers, Bursars, Human Resource Personnel, Foreign Student Relations Offices and Financial Aid Personnel. Please help to spread the word. > > _______________________________________________ OASFAA mailing list OASFAA@lists.onenet.net http://lists.onenet.net/mailman/listinfo/oasfaa From etower at okwu.edu Thu May 9 10:42:13 2002 From: etower at okwu.edu (Evelyn Hightower) Date: Tue Mar 23 20:21:53 2004 Subject: [Oasfaa] are you using mapping your future for summer classes? Message-ID: <3CDA98D5.5A554E4F@okwu.edu> We are encouraging the use of mapping your future for all exit counseling, but a lot of our students' permanent residences are a long way from our campus and many request a transcript to take a summer class near their home. OWU requires them to do an exit if they have a loan, even if they are planning to come back in the fall. The problem we are running into is: the guarantor retrieves this info from MYF automatically (you can tell by the asterisk) when they do it on-line (which I like because it saves me the trouble of mailing and notifying the lender), however, for the ones who are doing it only for a summer class, it is giving the guarantor/lender information that we may not want them to have at that time. (Before MYF, we always filed the paper exit, and OK'd their transcript, because most of the time the student was back in the fall. If, by chance, the student stayed at home or transferred, then we notified the guarantor/lender of the last date of attendance and forwarded the info.) We love the convenience of MYF (especially if they are sitting at home in North Dakota when they request the transcript) and we don't want to discourage the use of it. Penny Gandy from OGSLP is getting back to me so we can talk about it. What about the use of the Question/Comment box? Could this be used to stop the process until they hear from the school on an accurate LDA? Does this affect your school and how are you dealing with it? Evelyn Hightower Oklahoma Wesleyan University From Larry_Hollingsworth at mail.okbu.edu Thu May 9 15:15:01 2002 From: Larry_Hollingsworth at mail.okbu.edu (Larry Hollingsworth) Date: Tue Mar 23 20:21:53 2004 Subject: [Oasfaa] Auto zero formula Message-ID: Hi Folks, Does anyone know when the auto zero requirement for a dependent student changed to include both the student and the parent not filing a 1040? I may be mistaken, but I was thinking it used to be only a parent requirement. Somehow, I totally missed the switch. Makes more sense to include both the parents and student, like the simple needs test, but that's why I was thinking used to be different - it didn't make sense before. Maybe it was corrected in a technical amendment. Larry From pgandy at ogslp.org Fri May 10 18:27:54 2002 From: pgandy at ogslp.org (Gandy, Penny) Date: Tue Mar 23 20:21:53 2004 Subject: [Oasfaa] Mapping Your Future Information Message-ID: <67B1776185FFD311926100805FC11F9D0107E47B@HANDEL> In response to Evelyn Hightower's listserv message regarding information passed through Mapping Your Future, here is a description of how the process flows and the data that travels with it. At the direction of the school, the student is directed to the Mapping Your Future website directly, or via a link from their school's website. The student logs in and completes the necessary fields in the exit counseling screens. Upon completion by the student, the school receives verification that the exit counseling is complete. The data is stored at MYF, and picked up by the guarantee agency on a weekly basis. OGSLP prints the data forms, updates any information on our system that is more current, then provides a copy of the data form to the student's lender. This document does not contain any information about the student's last date of attendance, anticipated graduation date, or any other enrollment information. It is important lenders remember that enrollment information is processed via the normal route of student status reporting through NSLDS and is done outside of the Mapping Your Future process. The data elements that are contained on the form that OGSLP prints and provides to the lender are: -GA Code -Student Name, SS#, DOB, address, phone, e-mail, employer name and address -References Name, address, phone, employer -Lender Name -Confirmation code (for the completion of the exit interview) -School name and code -Source (Mapping Your Future) If you have any questions, please feel free to call. Thanks! Penny Gandy, Loan Services Manager Oklahoma Guaranteed Student Loan Program PO Box 3000 Oklahoma City, OK 73101-3000 Direct Line (405)234-4364 Fax (405)234-4553 e-mail: pgandy@ogslp.org