Increase Financial Aid Professional Development

Increase Financial Aid Professional Development Print All

Initiative Title	Increase Financial Aid Professional Development
Submitted in Previous Year(s)	No
Critical Information, Notes, Justification, Rationale	Financial Aid sees constant changes in federal and state financial aid regulations. Being able to attend professions development conferences would enable the staff to network with other departments and keep up with best practices.
Consequences of this initiative not being funded	Professional development is key to make sure our institution is in compliance with federal and state FA regulations. If we are not in compliance, it could lead to issues with our institutions ability to offer financial aid and may lead to institutional fines.
Department Goals	Provide more professional development for Financial Aid Team.
Programs
Locations	Main Campus
Estimated Completion Date	01/01/2021
Will this initiative span multiple budget years?	Yes
Importance	High
Funding Source	Request for Prioritization
Created	11/18/2020 9:56 am
Updated	02/16/2021 3:43 pm

Institutional Goals

Goal	How will the initiative support this institutional goal?
STRATEGIC PLAN 2020-2025 Sustain and Invigorate Our Planned Future: Reimagine Human, Financial and Physical Resources Goal #1: Improve the effectiveness of our human resources to achieve holistic, student-centered outcomes that enhance the student and employee experience	If we provide more professional development, our team can come up with processes that are align with compliance in federal and state regulations while also providing faster service to our students.

Action Steps

Action Step	Responsible Party	Order
Identify Conferences to attend along with cost	Financial Aid	1

Expected Outcomes

Outcome	Order
Faster and more efficent processing times in Financial Aid	1

Assessment Methods

Method	Description	Other Method	Responsible Party
Institutional Data	Review both program and student data that is collected at the institutional level. Data can include program enrollment, retention, transfer, student GPA, etc.		Financial Aid and Institutional Research

Resources

INITIAL YEAR COST:	$10,000.00
RECURRING COST:	$10,000.00

Equipment

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $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
10000	$10000.00 / 10000.00 (1st year)	Business Office Financial Aid
TOTAL:	$10,000.00 / $10,000.00

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

Level 5 Level 5 Cabinet Middle States	Level 4 Level 4 PBIE Committee	Level 3 Level 3 Academic Affairs and Student Services, Provost, VP Office Administration and Finance, VP Office Board of Trustees Chief Diversity Officer Institutional Advancement, VP Office President, Office of Student Services, VP Office SUNY Orange Foundation Sustainability Workforce Development, Strategy & Innovation, VP Office	Level 2 Level 2 Alumni Relations and Special Events Athletics Business Math Science and Technology, AVP Office Business Office CAPE Career and Internship Services Communications Office Enrollment Mgt and Student Financial Services, AVP Office Facilities Food Tech Grants Health Professions, AVP Office Hudson Valley Educational Consortium Human Resources, AVP Office Information Technology, CIO Office Institutional Planning Assessment and Research Lab School Learning & Student Success, AVP Office Liberal Arts, AVP Office Marketing Newburgh Campus Phi Theta Kappa Security Student Engagement and Completion, AVP Office	Level 1 Level 1 Academic Advising Academic Support Middletown Academic Support Newburgh Academic Technology Accessibility Services Admissions and Recruitment Arts and Communication Behavioral Sciences Biology Bursar Business Capital Projects Center for Student Involvement Center for Teaching and Learning Clinical Laboratory Science Computer Science and Technology Criminal Justice Cultural Affairs Custodial and Grounds Dental Hygiene Deployment & Operations Diagnostic Imaging Education Educational Opportunities Program Educational Partnerships English Enrollment Support Services Environmental Health and Safety ESL CAPE Financial Aid Global Studies Governance Honors Program HVAC Information Services & Network Infrastructure Interdisciplinary Studies Liberty Partnership Program Library Mail and Copy Services Maintenance Mathematics Movement Science Nursing Occupational Therapy Payroll Physical Therapy Records and Registration Science Engineering and Architecture Student Services - Data Management Student Services Central Student Services Newburgh Campus Student Support Initiatives Testing Center TRiO Student Support Services Unused Wellness Center Work Force Development CAPE	Initiative Title	Department
14	23	4 Notes View	2		Increase Financial Aid Professional Development $10,000.00 / $10,000.00	Financial Aid

Prioritization Notes

Level 3

Level 3 (Student Services, VP Office)

On-going training in all aspects of financial aid will improve the service the professional staff can provide to students and families which is critical especially when more and more of our students are seeking financial assistance for their college journey.

Assessment

Date	Department Name	Status	Cost to Date	Funding Source
No results found.