<br><font size=2 face="sans-serif">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</font><font size=3>
<br>
</font>
<br>
<br>
<br>
<br><font size=2 face="sans-serif">http://ifap.ed.gov/presentations/attachments/05NASFAAUnexplResEstFA.pdf<br>
</font>
<br>
<br>
<br>
<br><font size=2 face="sans-serif">"I will bless the Lord at all times:
His praise shall continually be in my mouth."<br>
Psalms 34 : 1<br>
<br>
Sheila McGill, Financial Aid Director<br>
Student Financial Services <br>
Nigh University Center, Room 141<br>
University of Central Oklahoma <br>
Edmond, Oklahoma 73034<br>
Office (405) 974-2300<br>
Fax (405) 974-3895</font>
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