<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=Content-Type content="text/html; charset=US-ASCII">
<META content="MSHTML 6.00.2800.1400" name=GENERATOR></HEAD>
<BODY id=role_body style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Arial"
bottomMargin=7 leftMargin=7 topMargin=7 rightMargin=7><FONT id=role_document
face=Arial color=#000000 size=2>
<DIV>Colleagues,</DIV>
<DIV> </DIV>
<DIV>I found this interesting and thought I'd share with those of you who do not
receive NASFAA info.</DIV>
<DIV> </DIV>
<DIV>Dan</DIV>
<DIV> </DIV>
<DIV><BR><FONT face=Verdana size=2>AVE MARIA COLLEGE MUST REPAY FINANCIAL AID
MONEY (AP)</FONT> <BR><A
title=http://www.nasfaa.org/publications/2004/awavamaria070104.html
href="http://www.nasfaa.org/publications/2004/awavamaria070104.html"><U><FONT
face=Verdana color=#0000ff
size=2>http://www.NASFAA.org/publications/2004/awavamaria070104.html</FONT></U></A><FONT
face=Verdana size=2> </FONT>
<P><FONT face=Verdana size=2>"The U.S. Department of Education has told Ave
Maria College to return up to $300,000 in federal loans because it was
improperly running its financial aid program, government and college officials
said Wednesday," the AP reports. "In a letter sent to the Ypsilanti, Mich.-based
college last week, the Education Department said Ave Maria failed to complete a
verification process for students between 2000 and 2003 and gave money to
students who weren't eligible." The college also "wasn't employing a person
qualified to administer federal financial aid." </FONT></P></DIV>
<DIV> </DIV>
<DIV><FONT lang=0 face=Arial size=2 FAMILY="SANSSERIF" PTSIZE="10">Dan
Holt<BR>Account Executive<BR>Educational Funding Services, Inc.<BR>413 Nancy
Drive<BR>Columbia, MO 65203<BR><BR>(573) 445-8890 office<BR>(573) 864-4480
cellular</FONT></DIV></FONT></BODY></HTML>