[Oasfaa] Administrative Cost Allowances

[Schmerer, Mendy M. (HSC)]

I haven't hear from many of you on this topic, but I have a feeling a lack of response isn't indicative of how important this issue could be.  Please take a few minutes to let me know how-or if-your institution uses these funds and how it would impact your office if the Administrative Cost Allowances were reduced or eliminated.

Thanks!
Mendy

From: Schmerer, Mendy M. (HSC)
Sent: Tuesday, August 09, 2011 10:17 AM
To: oasfaa at lists.onenet.net
Subject: Administrative Cost Allowances

All, as I'm sure you all know, with the passage of the Budget Control Act, Congress has been required to create more cost savings for deficit reduction.  While there is nothing on the table currently that I am aware of, the reduction or possible elimination of Administrative Cost Allowances has been proposed in the past, so it is likely to be the topic of conversation again.

I would like to continue to advocate to our delegation in DC for the responsible funding of federal student aid programs, including the ACA.  To be able to present specific examples in our state, could you please take a moment and tell me how your institution uses your Administrative Cost Allowances and how your office would be affected if they were eliminated or reduced?

NASFAA recently polled members on the same topic, so I will have their survey results to cite, but I want to gather anecdotal evidence from Oklahoma institutions when addressing our Oklahoma representatives in Washington.  I would like to send something in the next week or so, so please respond by August 16th.

Thank you,

Mendy Schmerer
2011-2012 OASFAA President
Assistant Director
Office of Student Financial Aid
University of Oklahoma Health Sciences Center
1106 N. Stonewall, Rm 301
Oklahoma City, OK  73117
(405) 271-2118, x 48817 (p)
(405) 271-5446 (f)
Mendy-Schmerer at ouhsc.edu<mailto:Mendy-Schmerer at ouhsc.edu>
http://www.ouhsc.edu/financialservices/SFA/

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