[S-SARA] Current Federal Financial Responsibility Composite Score

Wed Aug 4 09:59:10 CDT 2021

Good morning Adam,

Another SPE brought a scenario just like this to my attention last week. However, the SPE was in contact with its regional FSA office - in this case, the Kansas City FSA. Until getting the information about the current score, as well as why the institution's score was not reported, I recommended the SPE use the extension exception form<https://nc-sara.org/sites/default/files/files/2020-11/AF2_SARA_Renewing_Institution_Expiration-Exception-11_13_20.pdf> (AF2) in hopes that would afford enough time to investigate this situation.

Please let me know if you need anything else.

Elisa Jaden
Interim SARA Director
Regional Program Coordinator
Education Technology and Multistate Cooperative Programs
Southern Regional Education Board
Phone  (404) 879-5517
E-mail: elisa.jaden at sreb.org<mailto:elisa.jaden at sreb.org>

From: S-SARA <s-sara-bounces at lists.onenet.net> On Behalf Of Adam Hawk
Sent: Wednesday, August 4, 2021 9:45 AM
To: s-sara at lists.onenet.net
Subject: [S-SARA] FW: Current Federal Financial Responsibility Composite Score
Importance: High

Good morning everyone,

I have a SARA member institution that is not listed on the latest Composite Score spreadsheet (2018-2019). They have reached out to the ED to see why this is the case, but they are set to submit their renewal soon. The NC-SARA Manual states to use the most recent Composite Score by the ED, so I think it would be an option to use the 2017-2018 score since it is the most recent.

Has anyone come across this issue and do you think it would be appropriate to use the 2017-2018 score since the new one is not posted?

I appreciate being able to reach out to this group. Any thoughts would be helpful.

Thank you,

Adam M. Hawk | Division Director/GA-SARA Coordinator
Georgia Nonpublic Postsecondary Education Commission (GNPEC)
2082 East Exchange Place, Suite 220
Tucker, Georgia 30084
770.414.3310 | www.gnpec.georgia.gov<https://nam12.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.gnpec.georgia.gov%2F&data=04%7C01%7Celisa.jaden%40sreb.org%7Ce78f0cb220844f7d902e08d9574e2369%7Ceb20950b168c497a98452b099844f3ef%7C0%7C0%7C637636816180709339%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=yw5eP4xnw57dV9l1rusnkrpHoPfOindHYnOuR6TzSV0%3D&reserved=0>

From: Rollin Guyden <GuydenR at CTSnet.edu<mailto:GuydenR at CTSnet.edu>>
Sent: Thursday, July 22, 2021 10:43 AM
To: Adam Hawk <adamh at gnpec.ga.gov<mailto:adamh at gnpec.ga.gov>>
Cc: Love Sechrest <SechrestL at CTSnet.edu<mailto:SechrestL at CTSnet.edu>>; Marty Sadler <SadlerM at ctsnet.edu<mailto:SadlerM at ctsnet.edu>>; GA Sara <gasara at gnpec.ga.gov<mailto:gasara at gnpec.ga.gov>>
Subject: Current Federal Financial Responsibility Composite Score
Importance: High

Mr. Hawk,

Columbia Theological Seminary used the data from the Studentaid.gov 2017-2018 composite score
report, located at: https://studentaid.gov/data-center/school/composite-scores<https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fstudentaid.gov%2Fdata-center%2Fschool%2Fcomposite-scores&data=04%7C01%7Celisa.jaden%40sreb.org%7Ce78f0cb220844f7d902e08d9574e2369%7Ceb20950b168c497a98452b099844f3ef%7C0%7C0%7C637636816180709339%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=kYnV8%2FDKGv1OvsuIYfn6Ep8hF7emiBg78aFK4BdGqyc%3D&reserved=0> , because, for reasons
we have yet to get an answer why Columbia Theological Seminary is not listed in the 2018-2019 report.
I am also attaching the last ten years of Columbia Theological Seminary's Composite Financial Indicators
to show our financial solvency.

Comparing the data on the attached financial indicators with the last five years (2013 - 2017) of
composite scores posted by the US Department of Education, our 2018 data would also rate a 3.0
composite score.

We are trying to determine why Columbia Theological Seminary is not listed in the 2018 report since we
submitted our financial data to EZAudit. So far, no one at Studentaid.gov has explained why our data is
missing from the most current report or been able to send us documentation on our 2018 Federal
Financial Responsibility Composite Score.

I am hoping that the attached financial data and the preceding years of the solid financial health of our
institution will be enough to allow or renewal to take place.

Rollin Guyden
Director of Instructional Design & Technology
701 S. Columbia Drive
Decatur, GA 30031
t: 404-687-4560
e: GuydenR at ctsnet.edu<mailto:GuydenR at ctsnet.edu>

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