Other Offices Impacted -Who needs to be involved?
• The Financial Aid Office (FAO) is not the only area that is impacted by FAFSA simplification. Other campus entities will also be impacted: • Student Life/Admissions: New rules surrounding disclosure of the FTI that relies on FAO to share FAFSA data for reporting purposes, such as residence life reports, etc. • Information Technology: ongoing updates are needed (Banner, ARGOS reporting, Security of FTI, DOE reporting, etc.) • Enrollment Management: Awarding methodologies to account for changes due to SAI vs. EFC. May also impact recruitment and retention due to eligibility. • Budget/Fiscal: Make accommodations to increase institutional aid/budgets to account for student need. • Institutional Research: Data element changes used for institutional reporting will need to be updated/revised. 8
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