[Oasfaa] Sorry, I forgot the link

[SMcGill at ucok.edu]

Hello Colleagues, I realize everybody is busy, but if you have time to 
respond to this, I need some assistance.  Our housing department 
previously paid their RA's (Residential Assistants) through payroll which 
was subject to inclusion as income on the next year's income statement and 
FAFSA.  For 07/08 they decided to pay these same students for the same 
service, but as a scholarship, therefore my office is counting these 
dollars as a resource against their federal financial Aid, resulting in 
many of these students loosing need based aid previously awarded.   They 
would like for me to ignore these dollars (which covers in some cases full 
room and board expenses).  Ofcourse I am standing firm that these dollars 
must be included as a resource, however they did some research and came up 
with the following and are using that to indicate we are wrong to include 
these dollars.  Look at slides 62-65 




http://ifap.ed.gov/presentations/attachments/05NASFAAUnexplResEstFA.pdf




"I will bless the Lord at all times: His praise shall continually be in my 
mouth."
                          Psalms 34 : 1

Sheila McGill, Financial Aid Director
Student Financial Services 
Nigh University Center, Room 141
University of Central Oklahoma 
Edmond, Oklahoma  73034
Office (405) 974-2300
Fax     (405) 974-3895

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