| Initiative Title | FA Educational Lab |
|---|
| Submitted in Previous Year(s) | No |
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| Critical Information, Notes, Justification, Rationale | Create and maintain a physical walk in FA Educational Lab where students can get on demand assistance in filling out the FSA ID, FAFSA, Loan Entrance Interview, Electronic Master Promissory Note, obtain Financial Awareness Literacy Counseling, Exit Interview Counseling at the federal government web sites, Satisfactory Academic Progress information, and payment information options. |
|---|
| Consequences of this initiative not being funded | A portion of out student population has difficulty in understanding current procedures and processes in a college environment. In order to help this cohort, an on demand walk-in center in a lab setting can provide a comfortable and non threaten environment.
Without fulfilling this goal this cohort of students will remain confused in FA processes and not pay their bills on time thus creating unnecessary accounts receivables. |
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| Department Goals | Create a physical FA Education Lab where students get assistance in all financial aid and financial matters. |
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| Programs | |
|---|
| Locations | Main Campus |
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| Estimated Completion Date | 04/15/2018 |
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| Will this initiative span multiple budget years? | No |
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| Importance | Medium |
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| Funding Source | Request for Prioritization |
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| Created | 11/20/2016 6:47 pm |
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| Updated | 11/20/2016 7:00 pm |
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Institutional Goals
| Goal |
How will the initiative support this institutional goal? |
- COLLEGE GOALS as of 2011
- 2. To engage learners in an environment that develops their knowledge and skills in critical thinking, information and technology literacy, effective communication and enhances their awareness of civic responsibility and cultural diversity.
|
It will provide a hands on experience for students in learning how to use information and technology to achieve their financial aid and financial obligations. |
- COLLEGE GOALS as of 2011
- 4. To promote student growth and development by providing comprehensive and innovative academic and support services.
|
This will provide a hands on learning experience and support system for our students. |
- COLLEGE GOALS as of 2011
- 5. To offer opportunities to learn with a dedicated and diverse faculty and staff who value excellence in teaching, service to students, creative collaboration and continuous improvement.
|
Will provide an opportunity for students to learn the financial aid processes with support from dedicated, qualified financial aid staff. |
- COLLEGE GOALS as of 2011
- 6. To build and maintain safe, accessible and sustainable facilities that support the learning environment.
|
This new lab supports students obtaining information in a learning environment. |
Action Steps
| Action Step |
Responsible Party |
Order |
| Determine Physical location and necessary IT hardware. |
John Ivankovic |
1 |
Expected Outcomes
| Outcome |
Order |
| Students knowledge of Financial Aid/Payment is increased. |
1 |
Assessment Methods
| Method |
Description |
Other Method |
Responsible Party |
| Tracking |
Usage of programs, services, participation can be tracked; demographic information may also be able to be collected. |
|
John Ivankovic |
Resources
| INITIAL YEAR COST: |
$18,000.00 |
| RECURRING COST: |
$0.00 |
Equipment
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| 10 Desk top computers |
$10000.00
|
- Information Technology, CIO Office
|
| Work stations with Chairs |
$8000.00
|
|
| TOTAL: |
$18,000.00 / $0.00 |
|
Facility
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Supply
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Staffing
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Training
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Marketing
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Other
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Prioritization
This is initiative is ready for prioritization.
Assessment
| Date | Department Name | Status | Cost to Date | Funding Source | |
| 12/31/2018 | Financial Aid | On hold | 0.00 | Request for Prioritization | |
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