FINANCIAL AID COMPLIANCE & EFFICIENCY REVIEW

Challenge

• Constantly changing Federal and State regulations (which are often confusing and difficult to implement)
• Enrollments are increasing while budgets are being slashed
• Staff is forced to do more with less
• Annual audit findings
• Increased potential for Dept. of Education program reviews and site visits
• Implementing new processes can be difficult, time consuming and costly

Solution

Ferrilli Information Group has developed a Financial Aid Compliance and Efficiency Review which is designed to highlight the areas of concern relating to compliance issues while at the same time, provide customized solutions that will enhance processing and eliminate repetitiveness. In addition to the review of compliance issues, we will also examine financial aid policies and procedures, and any audit concerns. This thorough review process will help you identify and maximize your strengths while providing methods for eliminating any deficiencies.

Results

• Improved services for students, faculty, and staff
• Enhanced revenue
• Smoother processes
• Regulatory compliance
• Faster delivery of services to students
• Achieve accurate and timely reporting to external agencies
• Coordinate more effectively with other institutional enrollment management services and departments