OCTOBER
2005 |
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| State Report from Tennessee The 2005-06 TASFAA Executive Board Transition Meeting occurred June 6, 7, and 8 at the Montgomery Bell State Park in Dickson, Tennessee. The “guiding theme” for the year stems from a statement made by Dr. Charles H. Diehl, president of Rhodes College:
All district and committee goals are based on TASFAA’s long range plan, and each goal is to be achieved keeping Dr. Diehl’s statement in mind. We can do things for the state that are simply good, or we can do things for the state that are the best. My challenge to the board is always to keep this year’s theme in the forefront of planning. Mr. Clyde Walker, president-elect of TASFAA, resigned his position at Vanderbilt University to join Education Finance Partners, Inc. Because TASFAA by-laws do not allow individuals working outside a college or university financial aid office to hold the position of president-elect, the executive board had to elect someone to replace Mr. Walker. The board elected Mrs. Janette Overton, Director of Financial Aid at Johnson Bible College in Knoxville, Tennessee. Shortly after Mr. Walker submitted his resignation, Joanie Walker accepted a position with American Student Assistance (ASA). Again, TASFAA by-laws prohibit a person who is not a practicing financial aid administrator in an institution of higher education from serving as past-president. The board elected Mr. Brent Tener of Vanderbilt to serve as past-president. The executive board approved TASFAA’s participation in “College Goal Sunday” in February 2006. TASFAA finished the 2004-05 year on very sound financial footing. Because of the excellent fiscal management of the previous board, TASFAA will carry forward $19,406.41 into the 2005-06 year. Our current assets held in CDs are valued at $165,641.60. Considering our liability for future contracts is $78,400, our 2005-06 operating budget is $189,750. 2005-06 TASFAA Board
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