Sunday, December 19, 2010

Financial Aid

The long list of violations of financial support from the State University of Florida, reflects Sarasota-Manatee what a culture of playing double game with the federal rules. The school was forced to pay back the U. S. Department of Education approximately $ 3,100,000, a significant amount that the University's aggressive growth strategy. Violations can lead to loss of financial support from the federal government.
A review of the status of all recipients of federal funds 2008-2009 found that the total number of students reached 1948 eligible. For a university with 10,000 students enrolling throughout the year an impressive number of injuries.
Violations have been far beyond simple administrative oversight. before the SCF transcripts from other institutions, a clear violation of federal regulations reviewed - a transfer student was awarded $ 7141 for assistance. The student does not qualify to at least 2.0 grade point average to help.
In general, the inspector general report found the University of Florida policies and procedures for incorrect application of federal standards. SCF does not meet the requirements for determining satisfactory progress in learning. Students were allowed the number of hours that the government may exceed receive a diploma.
The school is also not acceptable given the means -.. Including, the need for "financial support at home that is mentioned qualify outside extenuating circumstances SCF do not reflect correctly the status of the students In addition, the university does not offer advice on the payment of loans and debt management, as default rates rose from 9.3 percent to 13.4 percent in the last three years.
took over after Lars A. Hafner Sarah Pappas, president of the school in the summer of 2008 was a great beauty for Manatee Community College - by renaming the School of the University of Florida and the addition of a bachelor's degree from the needs of workers in the region. We firmly believe that growth.
This week, Hafner CFS board the issue of financial aid before their term of office. But the report from 1 July 2008 to 30 June 2009 cover, Hafner was the first day first as president July 2008. Accordingly, the financial aid office in violation of Federal legislation monitored Hafner and continued lack of supervision.
The test is not the question of whether the injuries were the result of malice, ignorance or a bad job. In all cases, the report stresses the need to change up and down in the office. Hafner said trustee has acted quickly to correct deficiencies, a success, because the consequences.
With offices in Bradenton, Lakewood Ranch and Venice, is an essential part of SCF in the economy of the region. The loss of funding from the federal government would have been devastating. But corrective actions the university Department of Education, a fine or any other managed. Reimbursement of $ 3.1 million is quite painful. The lesson here is like CFS growing need, managers accordingly, in order to obtain best practices in all departments.

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