DIII Presidents Council
8/01
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RELATED TO |
DIVISION III FINANCIAL AID
AND AWARDS COMMITTEE
Summary of
Recommendations
ACTION ITEM – MANAGEMENT
COUNCIL ONLY
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1. |
ISSUE: |
Selection of financial aid audit program participants. |
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Committee’s Recommendation: |
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Endorse
the following institutions’ participation in the financial aid audit pilot
program: Adrian College, Arcadia University, Case Western Reserve University,
Colby-Sawyer College, Defiance College, Drew University, Kean University,
Macalester College, University of Maine-Farmington, Maryville University of
Saint Louis, Middlebury College, Nebraska Wesleyan University, Ohio Wesleyan
University, Rowan University, University of Scranton, Simpson College, State
University of New York – Brockport, Vassar College, Washington University –
MO, Wilmington College. |
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Management Council Action: |
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Approved
the selections, noting audits would occur between August through September,
with results forwarded for review in October. |
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INFORMATIONAL ITEMS
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1. |
ISSUE: |
Financial Aid Audit Pilot Program
Timeline. |
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Committee’s Action: |
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The
committee determined that the majority of auditing firms conduct federal
audits during the months of June and September. The NCAA financial aid audits will be done in conjunction with
the institution’s federal audits in September. The results will be sent to the NCAA national office in
September for the committee’s review at its October 2-3 meeting in
Indianapolis. Results and any legislative
items resulting from the review will be forwarded to the Division III
Management Council and President’s Council for their October 22-23 and November
1 meetings. |
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Management Council Action: |
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Accepted
the information. |
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2. |
ISSUE: |
Audit
Process Presentations. |
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Committee’s Action: |
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The committee has presented
information and received feedback regarding the proposed audit process and
compliance checklist at the following meetings: ?
NCAA Regional Rules Seminars in La Jolla, Washington, DC, and New Orleans; ?
EASFAA (Eastern Association of Student Financial Aid Administrators); ?
NACDA (National Association of Collegiate Directors of Athletics); ?
The Division III Commissioners Association meeting; and ?
NASFAA (National Association of Student
Financial Aid Administrators) July 23. |
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Management Council Action: |
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Accepted
the information. |
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The
National Collegiate Athletic Association
July 24,
2001
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