Program Authorization: R.S. 36:642D(2); R.S. 36:650-651B; R.S. 17:3021 et seq; R.S. 56:797
The mission of the Administration/Support Services Program is to provide direction and administrative support services for the agency and all student financial aid program participants.
The goals of the Administration/Support Services Program are:
The Administration/Support Services Program includes the following activities:
1. Executive Administration - Executes and enforces all decisions, orders, rules and regulations of the Louisiana Student Financial Assistance Commission (LASFAC) and the Student Tuition Assistance and Revenue Trust Authority (LATTA), and provides personnel management, legal services, policy and planning development, auditing services and technical assistance to the agency.
2. Fiscal and Administrative Services Division - Provides payroll, personnel, accounts receivable and payable, mail services, purchasing and receiving, property control, federal and state reporting, budget control and financial management.
3. Information Systems Division - Provides responsive technical support to agency divisions and the client base.
4. Customer Services Division - Provides information dissemination, marketing, and internal and external program training.
5. Legal Section - Provides legal assistance to the agency, and policy and operational research to agency divisions and the client base.
The Administration/Support Services program provides effective and efficient administration of federal and state authorized financial aid programs including scholarship, grant, tuition savings, and loan programs for students attending post secondary institutions.
OBJECTIVES AND PERFORMANCE INDICATORS
Unless otherwise indicated, all objectives are to be accomplished during or by the end of FY 1999-2000. Performance indicators are made up of two parts: name and value. The indicator name describes what is being measured. The indicator value is the numeric value or level achieved within a given measurement period. For budgeting purposes, performance indicator values are shown for the prior fiscal year, the current fiscal year, and alternative funding scenarios (continuation budget level and Executive Budget recommendation level) for the ensuing fiscal year (the fiscal year of the budget document).
RESOURCE ALLOCATION FOR THE PROGRAM
This program is funded with the General Fund, Fees and Self-generated Revenues, and Federal Funds. The Fees and Self-generated Revenues are derived from seminar registration fees used to defray administrative costs of conducting informational seminars for clients. The Federal Funds are from: (1) the Guaranteed Student Loan (GSL) program's administrative costs allowance, which authorizes payments to the guaranty agency for the purpose of administrative costs related to the Federal Family Education Loan Program (FFELP); (2) the collection cost allowance, which allows the agency to retain up to 27% of collections on defaulted student loans to be used for the administrative cost of collections, preclaims assistance, and monitoring the enrollment and repayment status of students; and (3) the guarantee fee, which provides for the collection of a single insurance premium equal to not more than 1% of the principal amount of the loan, to be used to cover costs incurred by the guaranty agency in the administration of its loan guarantee program.
ANALYSIS OF RECOMMENDATION
The total means of financing for this program is recommended at 107.0% of the existing operating budget. It represents 88.0% of the total request ($3,761,166) for this program. The increase in the operating budget is due to a workload adjustment and a technical adjustment.
PROFESSIONAL SERVICES
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Professional honoraria for guest speakers at various workshops |
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OTHER CHARGES
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Division of Administration - Comprehensive Public Training Program |
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Louisiana Educational Television Authority - Training Videos |
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$2,250 |
Workload Adjustment |
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ACQUISITIONS AND MAJOR REPAIRS
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$188,004 |
New P300 Computers |
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