REPORT OF THE

DIVISION III FINANCIAL AID AUDIT TASK FORCE

 

 

 

INFORMATIONAL ITEMS.

 

1.      Audit Consensus Recommendations (scope/size; frequency; committee review; auditor).  The Task Force had its first in-person meeting February 14 at the NCAA national office.  The task force compared the recommendations of the Division III Financial Aid and Awards Committee with those made by the Management Council, feedback received from the 2001 pilot program participants and the 2002 Convention discussion session.  The task force discussed the five main elements of the proposed financial aid audit:  scope/size of the audit population; frequency in which the audit would occur; acceptable variance, if any, between the student-athlete population and the nonstudent-athlete population; Financial Aid and Awards Committee review; and the use of external versus internal auditors.  The task force reached consensus regarding several elements and encourages feedback regarding those issues. (Attachment)

 

2.      Reporting Methodology.  The task force discussed developing a financial aid reporting methodology that would be a CD-ROM or Web-based standardized reporting mechanism.  The discussion involved creating a methodology that would be similar to existing Division III conference reporting methods and procedures.  The task force appointed a subcommittee of financial aid administrators that will examine the components for the development of the financial aid reporting methodology along with a standardized reporting mechanism.  The subcommittee will report back to the full task force during its May 14 meeting.  Subcommittee members include:

 

Paul Boyer, director of financial aid, Williams College

Marian Conrad, director of financial aid, Kalamazoo College

Dan Preston, dean of enrollment management/director of financial aid, Linfield College

Ellen Shilkret, associate director of financial aid, Vassar College

Eric Hartung, NCAA research staff

Gordon Finch, NCAA

 

3.      Timeline.  The task force revised its timeline as follows:

 

2002-03

Feb. 20.................... In-person meeting (Indianapolis)

 

March..................... Mailing to the Membership/Directors of Financial Aid

 

April ........................ Conference call to discuss DRAFT report for Management and

Presidents Council meetings

April 16................... Subcommittee conference call

 

May 1-3.................. Regional Rules Seminar Presentation – Indianapolis, IN

May 14................... Task Force in-person meeting – Chicago, IL
May 15-17.............. Regional Rules Seminar Presentation – Phoenix, AZ

         May 29-31.............. Regional Rules Seminar – Atlanta, GA

        

        June 13-14............... Division III Commissioners Meeting

         June 17-18............... NACDA discussion session

 

July 22.................... NASFAA presentation

         July/Aug................... Task force report to Management Council and Presidents               Council, including sponsorship of proposed legislation

 

Aug.-Oct. 2002........ Work as necessary based on actions of MC/PC

 

November 2002...... Amendments to Amendments drafted (as needed)

                                  CEO communication

 

Jan. 2003................. Convention discussion session and legislative vote

 

 

 

 

Committee Chair:  R. Kevin LaGree

Staff Liaisons:  Dan Dutcher, Bridget Belgiovine, Gordon Finch, Eric Hartung, Damani Leech, Chris Martin