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   updated 7.23.08
This Year in IASFAA History - 1980's

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1980 - 1981

This was the year that —

John Lennon was shot by a disgruntled Beatles fan.

Americans watched an average of 29.3 hours of TV per week, with 60 Minutes, Dallas, Three's Company and Mashas top favorites.

For those who found time to read, Readers Digest and TV Guide were running neck to neck in circulation.

The Iran hostages were released minutes after President Reagan's Inauguration.

It also was the year that a 3.6% cutback in all state spending was mandated to keep Iowa's budget in the black, and the Administration's cost-cutting campaign continued at the federal level with the GSL Program as a prime target. Social Security educational benefits were in a phase-out mode. On the bright side, the State Legislature authorized the new Iowa PLUS loans to parents) Program.
At the spring meeting, IASFAA approved a "cooperation and coordination" agreement with the Iowa Vocational Rehabilitation Department. The membership hit a new high of 167, and the Treasury contained a healthy $5,143.53.

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1981 - 1982

This was the year that —

Iowa went to the Rose Bowl against Washington.

Sandra Day O'Conner became the first woman appointed to the Supreme Court.

Oscars went to Henry Fonda and Katherine Hepburn for their performances in
On Golden Pond.

It also was the year that Mary Haldane served as President of MASFAA, Maralee Frazee as a Member-at-Large and Wilhelm Eck as Membership Committee Chairman.

MASFAA's recently developed EARS (Early Alert Referral Service) Program had two Iowa liaison people in a single year, because EARS worked so well for Priscilla Parker. She found an out-of-state job and Peg Tarbox of Mt. Mercy College became Iowa's EARS.

IASFAA's Professional Development Committee held a special workshop for new financial aid officers under the leadership of Gary Gevik, and the annual regional series of high school counselors' workshops continued under the coordination of Pete Sidwell. Governor Ray proclaimed the week of January 18,1982, to be Financial Aid Awareness Week in Iowa, and Dartle Athertonof AIB did a great job of keeping financial aid in the spotlight.

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1982 - 1983

This was the year that —

Prime Minister Indira Ghandi of India came to the U.S. to talk with President Reagan, speak at the Metropolitan Museum of Art and confer with the Secretary
General of the United Nations.

The unemployment rate and the federal deficit hit record highs. But the crime rate remained stable with 10 percent of American homes being touched by burglary or act of violence.

Roxanne Conlin, first woman to run for Governor of Iowa, was defeated by Terry
Brandstad.

It also was the year that Dennis Jensen, a charter member of IASFAA and the Financial Aid Director at University of Northern Iowa for many years, lost his life in an automobile accident on a rain-slick interstate. In his memory, IASFAA contributed to the Dennis Jensen Memorial Scholarship Fund at UNI.

IASFAA voted several constitutional changes, including a change in election of officers from the fall meeting to the spring meeting. This meant that the 1982-83 slate of officers served for a one-and-a-half year term. The second Financial Aid Awareness Project, extended to a month this year, was a big success, reported Chairman Ann Leib. A total of 39 IASFAA members filled171 requests for presentations or information on financial aid.

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1983 - 1984

This was the year that —

The U.S. "copped" most of the gold medals at the 1984 Olympics in Los Angeles.

The first woman in U.S. history was nominated to run as Vice President.

Congress passed an Education Appropriations bill before the end of the fiscal year for the first time in five years.

It also was the year that the GSL interest rate dropped to 8 percent for first time borrowers. The ICAC announced that it was passing on the benefits of the successful Iowa GSL Program by reducing the insurance fee for borrowers and contributing a per application payment to the schools to help defray cost of processing.

Mary Haldane of Drake University served as President of NASFAA. Wilhelm Eck received the NASFAA Outstanding Service Award for his achievement as chairman of the Membership Committee.

IASFAA adopted a logo and slogan - A WAY TO GROW - at its fall meeting in Ames. A resolution was approved calling for repeal of the Solomon Amendment requiring Selective Service Registration for all male applicants for federal financial aid.

IASFAA achieved tax-exempt status. A "mentor" system was established to help new FAO's with the volunteer participation of a group of ten experienced members. Governor Branstad proclaimed December and January as Iowa Financial Aid Awareness Season. Everyone began worrying about Reauthorization and what it might mean for financial aid programs, and a Reauthorization Task Force was appointed to keep all members up-to-date on developments in Washington.

The spring meeting was held in Des Moines in conjunction with the Iowa Association of College Admissions Counselors and the Iowa Community College Student Services Association. Membership chairman reported that IASFAA had 180 members at the start of the year. The count by type of institution was: Public- 45; Private non-profit - 59; Proprietary - 26. The remaining20 members were persons not affiliated with a post secondary institution. By the close of the 1983-84 year, IASFAA membership had reached an all-time high of 228, and the Treasury held $7,348.91.

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1984 - 1985

This was the year that —

The Iowa General Assembly suspended the Commission's authority to provide participating Iowa colleges and universities with the $5 Iowa Guaranteed Student Loan Administrative fee.

IASFAA's Constitution was modified to include lifetime memberships. Membership in IASFAA as of April 1985 total237.

The Iowa Work-Study bill was introduced to the Iowa Financial Aid Association as a draft bill.

Aid administrators at Iowa independent colleges and universities proposed that the Iowa Tuition Grant be placed on a sliding scale based on the applicants Expected Family Contribution (EFC).

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1985 - 1986

This was the year that —

A hole was discovered in the ozone layer over the Southern Continent.

A lightweight, twin-engine airplane (Voyager) made a nine-day, non-stop circuit of the world.

The Federal government passed the Balanced Budget Emergency Deficit Act of 1985 which was termed the "Gramm-Rudman-Hollings Act. The purpose was to bring Federal "deficit" under control in five years.

The IASFAA Spring Conference was held April28-30, 1986 at the Des Moines Marriott Hotel. The conference was a joint venture with the Iowa Association of College Admission Counselors and the Iowa Community College Student Services Association.

The Commission decentralized its grant operations and had aid officers assume editing responsibilities.

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1986 - 1987

This was the year that —

Corazon Aquino became the Philippine President following the ousting of her husband Ferdinand Marcos.

The Chernabyl nuclear accident occurred in the Ukrainian Soviet Socialist Republic, the worst nuclear accident in the history of the nuclear power industry.

John Moore, University of Iowa Financial Aid Director retired on January 31, 1987.

Pell Grants increased to $2,100.

Gary Nichols of the Iowa College Aid Commission was made Acting Executive Director on May 13, 1986, following the resignation of Jim Shay. On August 12, 1986 Gary Nichols was appointed Executive Director.

The College Aid Commission transferred grant data processing functions from ACT to the State Data Processing Department.

The IASFAA fall conference was held at the Lodge at Okoboji on October 1-3, 1986.

Deb Corwin was selected as MASFAA Site Chair for the 1988 MASFAA conference scheduled for Des Moines in October.

The 1986 Higher Education Amendments provided aid administrators greater authority in using professional judgment in adjusting an aid applicant's Expected
Family Contribution (EFC).

The College Aid Commission held a hearing on reducing the guarantee fee on Iowa Guaranteed Student Loans from .75 to .50 percent.

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1987 - 1988

This was the year that —

IASFAA memberships totaled 235.

On Monday, October 19, 1987 the stock exchange recorded record losses, so the
day was termed "Black Monday".

The Commission proposed a Tuition Grant reduction of $25 per recipient.

First year of the State Work-Study Program funded at $1,500,000.

An IASFAA Legislative Task Force was dissolved and new legislative information will be handled by the Resolutions Committee.

At the June 1988 Executive Council meetinga $10 dues increase was approved making the annual dues at $20per year per individual membership, beginning in 1988-89.

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1988 - 89

This was the year that —

MASFAA's fall conference was held in Des Moines in October 1988, at the Marriott Hotel, a first for MASFAA. Deb Corwin worked as MASFAA Program Co-chair.

IASFAA explored the implementation of an "early awareness" program for use as a pilot outreach program.

NASFAA presented two nation-wide TV programs.

Congress worked on a National Service Bill.

Sally Harris was elected Delegate-at-Large for MASFAA for 1989-90.

Research Committee explored the issue of indebtedness for a major research topic which the Commission took on as a major research project.

IASFAA acquired tax-exempt status with the IRS.

The Research and Development Committee set an "Awareness Campaign" directed at proprietary schools. The goal was to make contact with this sector to explain the benefits and functions of IASFAA.

The Community College Telenet phone system was used extensively for IASFAA Executive Council, saving travel time and costs.

The IASFAA Bylaws were amended to indemnify volunteers and protect directors of IASFAA.

Membership totaled 223 with lender members dropping and proprietary sector school's increasing in IASFAA membership.

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1989 - 1990

This was the year that —

The Federal Drug Abuse Act became effective September 1, 1989.

Dr. John Parker, Drake University's Director of Financial Aid became IASFAA President and stated his goals for 1989-90: teaching, research, services such as conducting high school nights, counselor workshops and early financial planning.

IASFAA implemented the "Share Room" to enable members to share ideas and forms with others.

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