Financial Aid for Rookies
Training Modules
History and Philosophy of Financial Aid
Discover the history of federal financial aid in the U.S., and explore the purpose and philosophy of federal financial aid.
Modulel 1 (16 minutes) | Quiz
Financial Aid Application Process
Determine materials and information needed for submitting the Free Application for Federal Student Aid (FAFSA), and examine complex situations and potential resolutions.
Module 2 (32 minutes) | Quiz
Student Eligibility
Review both general and program-specific federal student aid eligibility requirements.
Module 3 (43 minutes) | Quiz
Verification
Define verification and its purpose, identify what information must be verified, and determine acceptable documentation.
Module 4 (28 minutes) | Quiz
Cost of Attendance
Define cost of attendance (COA) and the components of COA, discuss exceptions to the normal cost allowances, and examine special COA situations.
Module 5 (20 minutes) | Quiz
Need Analysis and EFC Calculation
Explore the relationship between need analysis and EFC, discuss federal versus institutional methodologies, examine basic and simplified formulas, and review basic principles of professional judgment.
Module 6 (25 minutes) | Quiz
Financial Aid Packaging
Define packaging, review award amount limits, and work through some basic packaging examples.
Module 7 (32 minutes) | Quiz
Satisfactory Academic Progress
Discuss quantitative and qualitative standards, examine other Satisfactory Academic Progress requirements, review some special situations, and learn how a student may regain eligibility.
Module 8 (22 minutes) | Quiz
Professional Judgment
Examine professional judgment principles in the Higher Education Act and discuss types of professional judgment situations, including dependency overrides and awarding unsubsidized Stafford loans to dependent students who lack parental support.
Module 9
If you have questions, concerns, or suggestions about this training series, please contact TG Communications at (800) 252-9743, ext. 4546, or send an e-mail to communications@tgslc.org.