OCTOBER 2005

State Report from Tennessee
Forrest M. Stuart, TASFAA President

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:

Here was the chance of a lifetime; a chance to set the standard of an institution for all time; a chance to go forth unhampered... and to launch an institution which was as nearly ideal for its purpose as painstaking investigation and careful and thorough planning could make it. Realizing that the good is ever the enemy of the best, we did not seek merely the good, but the best. There was ever before us the idea of excellence. It was our purpose to launch here an institution which would endure for centuries, and which would command the respect and quicken the pride of succeeding generations. – Dr. Charles E. Diehl, President of Rhodes College, December 1925

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

ELECTED OFFICERS
President Forrest Stuart, Rhodes College
President-Elect Janette Overton, Johnson Bible College
Past President Brent Tener, Vanderbilt University
Treasurer Terri Parchment, EdAmerica
Secretary Jan Lassiter, EdSouth
District 1 Torrence McKnight, Bank of America
District 2 Jacky Gullett, First Tennessee
District 3 Melanie Webb, Columbia State Community College
District 4 Allison Snyder, College Loan Corporation (CLC)
District 5 Pat Peace, Pellissippi State Technical Community College
District 6 Magi Arwood, Northeast State Technical Community College
COMMITTEE CHAIRS
Association Governance Karen Gibson, EdAmerica
Conference Janette Overton, Johnson Bible College
Diversity Robbie Snapp, MTSU
Outreach (F.A. Awareness) Jim Shannon, Christian Brothers University
Governmental Relations Ron Gambill, EdSouth
Membership Leslie McIntosh, Vanderbilt University
Electronic Services Jonathan Babcock, EdAmerica
Lender/Guarantor Nancy Beverly, Regions Bank
Leadership Development Todd Woodlee, Education Finance Partners, Inc.
Nominations Brent Tener, Vanderbilt University
Training Jo Ann Bennett, Rhodes College
Sponsorship Sandra Rockett, Dyersburg State Community College
Newsletter/Public Relations Sandy Neel, U.T. Martin
Site Selection/Historian Karen Hauser, Vanderbilt University



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