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SCHOOL IS ALWAYS IN SESSION with EDFUND's comprehensive training site, where you'll never feel like skipping class. Empower your financial literacy with EDFUND's Building Futures All EDFUND forms, publications, videos and printed products are free of charge

 Volume 1, Issue 9 ~ December 28, 2007

Excellence - Commitment - Integrity - Teamwork      In this issue:

EDFUND Updates Higher Education Tax Benefits Flyer

The holidays are almost over. It's time to think about filing taxes again! But EDFUND is making it easier with an update of the flyer, Federal Tax Benefits at a Glance: A Guide for Students and Parents.

This is a one-page sheet summarizing information on taking advantage of tax credits, deductions and savings incentives/tax-free withdrawals for tax year 2007.

The flyer can be downloaded and reprinted as many times as you need.

Federal Tax Benefits at a Glance: A Guide for Students and Parents

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EDFUND Offers Free Training Opportunities

One of the hallmarks of EDFUND excellent customer service is the free training we offer year-round through the EDFUND Institute.

Any organization seeking to improve productivity and performance needs to continually freshen and hone the skills of its staff. For those who work in financial aid, the need to comply with federal regulations and policies, which can change often, makes regular training even more critical.

For 2008, there is a vast array of training topics to choose from in both webinar and national in-person workshops.

Registration is now open!

EDFUND is committed to being your first choice for all your training needs.

How to get the most out of training?

A great deal of time and effort is put into providing exceptional training opportunities. In future issues of EDFUND LINK, we will provide helpful suggestions in the areas of listening skills, note taking, and other tips on how to get the most out of the training webinars and workshops you attend. We look forward to partnering with you, the participant, to engage in successful training events.

Listening Skills

Infoplease offers these tips for being a good listener:

  1. Give your full attention to the person who is speaking.
  2. Make sure your mind is focused, too. If you feel your mind wandering, change the position of your body and try to concentrate on the speaker's words.
  3. Listen for main ideas. The main ideas are the most important points the speaker wants to get across. Pay special attention to statements that begin with phrases such as "My point is..." or "The thing to remember is..."
  4. Ask questions. If you are not sure you understand what the speaker has said, just ask.
  5. Give feedback. Sit up straight and look directly at the speaker. Now and then, nod to show that you understand. Remember, you listen with your face as well as your ears!

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Report Forecasts Continuing Boom in Minority College Enrollment

Minority enrollment in college has increased markedly in the last few years and will continue to grow in the next decade. The numbers of female, full-time and graduate students are also slated to increase significantly according to a recent report by the National Center for Education Statistics.

The number of Hispanic students enrolling in colleges has increased by 25 percent since 2000-2001 while the number of white students saw only a 3 percent increase.

Increase in College Enrollment between 2000-2001 and 2006-2007

Hispanic 25 percent
African-American 15 percent
Asian-American/Pacific Islander 15 percent
White 3 percent

This pattern is set to be repeated throughout the next decade. Minority enrollment in college in 2016 will comprise 35.8 percent of total enrollment, compared to 30.9 percent in 2005. These and other notable statistics are included below:

Projected Increase in College Enrollment 2006 to 2016

Hispanic 45 percent
African-American 29 percent
Asian-American/Pacific Islander 32 percent
White 8 percent

Total Enrollment 17 percent

Women 22 percent
Men 10 percent

Aged 18 to 24 15 percent
Aged 35 and older 7 percent

Full-time 23 percent
Part-Time 6 percent

Undergraduates 16 percent
Graduates 21 percent

Projections of Education Statistics to 2016 – National Center for Education Statistics: Section 4. Degrees Conferred:

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Talk to Your Students in a Language They Understand

Blending whimsy and technology, Merriam-Webster selected “ w00t ” as the 2007 word of the year.

W00t, a hybrid of letters and numbers used by gamers as an exclamation of happiness or triumph, topped all other terms in the M-W publisher's online poll for the word that best sums up 2007.

In context: “Your next financial aid award letter may have your students saying w00t!”

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2008-09 PDF Versions of the FAFSA—Now Available

The 2008-09 PDF versions of the FAFSA are now available. This official application can either be submitted by the applicant to the Department of Education for processing or maintained by a school that chooses to provide the information from the FAFSA to the Department using FAA Access to CPS On-Line.

FSA continues to encourage students to use the online method for filing the application. To that end, the FAFSA on the Web Worksheet will still be available for bulk order by schools.

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EDFUND LINK Archive 2007

As the year draws to an end, we will close the book on EDFUND LINK volume 1. Volume 2 will open with our next issue on January 11; all the stories from past issues of the newsletter, since our first issue on September 21, will continue to be available online.

Go to the top of the current issue and look on the left for the EDFUND LINK archive.

~~~~~~~~~~~

“A Good New Year to one and all and many may you see.”

(old Scottish Hogmanay (New Year) saying).

See you all in 2008.

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How Did We Do?

Please let us know how we can improve EDFUND LINK —Your Connection to Education News. Send an e-mail to EDFUND.

SCHOOL IS ALWAYS IN SESSION with EDFUND's comprehensive training site, where you'll never feel like skipping class.
Empower your financial literacy with EDFUND's Building Futures
All EDFUND forms, publications, videos and printed products are free of charge


Whether you’re trying to master the intricacies of financial aid programs, seeking professional development, or want to improve the financial literacy of your students, the EDFUND INSTITUTE can help.

Working with your client relations manager, you can match your training needs to a wide variety of EDFUND resources designed with you in mind.

View the curriculum or see what's available in your area.

Financial Aid Trends
and Analysis

Dig deeper into the why and how behind financial aid, student debt and default prevention.

Custom analyses and research reports allow you to pinpoint specific issues and then select the appropriate tools to develop a tailored approach to address them.

Browse through our online catalog to see what's available.

Fund Your Future

EDFUND's Fund Your Future publications for 2008–09 are available. With updated information on the process of applying for college and how to pay for it, the publications are a one-stop resource for students, parents and financial aid offices.

Also, a distinctive new design will catch your eye (and students’) like no other financial aid publication!

Check out the
Fund Your Future family.


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