South Carolina State Report
Keith Reeves, SCASFAA President

Transition Board Meeting: The Transition Board meeting was held at the Whitney Hotel in Columbia, June 19-20. Business conducted included selecting Ocean Dunes Resort in Myrtle Beach as the site for the 2005 Spring Conference, April 17-20, 2005; adopting an official long-range plan; approving non-standing committees for 2003-2004; and purchasing general liability and directors and officers liability insurance. Time was allotted for out-going board members to pass information on to new members.

Budget Committees: The Budget Committee met July 21 at the offices of the SC Student Loan Corporation in Columbia to finalize the 2003-2004 budget. The committee noted that a long-standing goal of accumulating a “nest egg” of at least one year’s expenses had been achieved within the past two years. As a result of no longer needing to be as frugal as in the past, this year’s budget is significantly larger than in past years. The committee also decided not to increase membership dues ($20) and after analyzing budgets for the fall and spring conferences, decided not to increase registration fees for either event. In light of budget issues for many schools in the state, the committee was pleased to not have to increase any fees to membership.

Fall Conference: Kim Jenerette and the Fall Program Committee are busy preparing for the fall conference, which is to be held at the Embassy Suites in Columbia, October 20-21. The theme for this conference is “In Pursuit of Excellence,” and promises to be a very informative event.

Professional Development: Nancy Garmroth and the Professional Development Committee are making plans for the following events:

• NASFAA Decentralized Training, November 13, Midlands Technical College
• New Aid Officer Training, December 1-2, AmeriSuites, Columbia
• Support Staff Symposium, late January/early February 2004 with the site TBA

2003-2004 Executive Board and Committee Chairs

• President – Keith Reeves
• President-Elect – Betty Whalen
• Vice President – Nancy Garmroth
• Treasurer – Jeff Dennis
• Secretary – Elizabeth Lomas
• Member-at-Large – Bill Whitlock
• Past President – Anita Elliott
• Budget – Jeff Dennis
• By-Laws – Elizabeth Lomas
• Counselor/Consumer Relations – Sandra Davis
• Diversity – Tabatha McAllister
• Legislative Concerns – Kim Jenerette
• Lender Liaison – Bill Mackie
• Long Range Planning/Governance – Anita Elliott
• Membership – Bill Whitlock
• Newsletter Editor – Neal Kiker
• Nominations and Elections – Anita Elliott
• Peer Support – Ed Miller
• Professional Development – Nancy Garmroth
• Program-Fall – Kim Jenerette
• Program-Spring – Cheryl Hughes
• Site Selection – Sandra Rhyne
• State Agency Liaison – Karen Woodfaulk
• Vendors/Sponsors – Martin Carney

Audit/Finance Committee
Jane McNaughton, Chair

The members of the Audit and Finance Committee for 2003-2004 are Dave Cecil from Transylvania University in Kentucky, Terry Bland of MOHELA in Mississippi and Terri Parchment of edamerica in Tennessee.

These individuals will assist Jane McNaughton, chair of the Audit and Finance Committee, with investment evaluation and preparation of the next audit for SASFAA and are a resource to assist Lester McKenzie, SASFAA Treasurer.

Results for the 2002-2003 audit are due to the SASFAA Board at the February 2004 Board Meeting. SASFAA’s 990 Income Tax return is due by November 151, 2003, and work has begun to complete this project.