Key Concepts: The Coordinating Board's ability to successfully administer the state's financial aid programs is significantly tied to the cooperation and understanding of college financial aid officers who administer programs on individual campuses. Program rules, adopted by the Board, advise institutions of policies and procedures to follow in awarding and disbursing state funds. The Advisory Committee provides CB staff an opportunity to discuss proposed rules and procedures with institutional representatives so that they are coherent and comprehensive when they are forwarded to the Board for adoption.
Goals/Objectives: The Coordinating Board administers approximately 25 different financial aid programs for students attending college in Texas, each with unique eligibility requirements. The primary use of the Financial Aid Advisory Committee is to function as a sounding board for discussing proposed rules and procedures with members of the financial aid community in order to identify ways of making operations more efficient and effective in delivering financial aid funds to eligible students. Few staff members have worked on college campuses, and the input of college representatives contributes significantly to the effectiveness of program operations.
Key Discussions: Topics for discussion vary from meeting to meeting.