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   updated 7.23.08
This Year in IASFAA History - 1990's

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1990 - 1991

This was the year that —


The Persian Gulf War started in August 1990.

The junk bond empire collapsed.

September 12, 1990, signified the unification of Germany, thus ending the Cold War.

President Parker and the Executive Committee approved the Directory Committee as a permanent committee.

The IASFAA Newsletter was changed from the current newspaper format to a newsletter format. This format appears to be the industry standard which requires less filler.

Federal and State Issues Committee implemented a "Headline News Report" to better assist members in identifying key legislative and congressional issues.

The MDE processors, ACT and CSS were excluded from the November High School Counselor Financial Aid Workshops. This was due to the enhanced changes in the
Federal Central processor role.

The IASFAA Presidential Position Ad Hoc Review Committee concluded that it was the intention of the IASFAA By-Laws and the membership that elected officials are eligible to serve in their elected capacities only as long as they remain "regular members" of IASFAA. Earl Dowling's' (Iowa State University Financial Aid Office)
job title and responsibilities changed and thus he was removed from the "Regular Member" category and changed his membership to an "Associate Member". Earl Dowling was removed from the IASFAA presidency and Doug Severs, University of Dubuque, President-Elect, assumed the office of President, effective August1, 1990.

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1991 - 1992

This was the year that —

New evidence was found to substantiate the "Big Bang" theory.

Los Angeles experienced the Rodney King beating, and following acquittal of the policemen, violence broke out, 51 people died and there was 1 billion dollars in damage.

The IASFAA Sponsorship Committee made a "Special Committee" (December 1990).

The Federal and State Issues Committee began publishing a newsletter called
The Bullet, which summarizes in headline form, the topics of interest from various publications.

IASFAA participated with NASFAA and the U.S.. House of Representatives Subcommittee on post-secondary education on "Reauthorization: Direct Lending by Institutions and GSL Program Reform".

The IASFAA Lifetime Membership Award was changed to Lifetime Achievement Award.

Sally Harris was elected Vice President of MASFAA.

February 3-7, 1992 was designated as Financial Aid Awareness Week.

On October 20, 1991 the first annual Golden Circle College Fair was held at the Des Moines Convention Center. IASFAA had a booth at this gathering.

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1992 - 1993

This was the year that —

The U.S. auto industry declined drastically and General Motors fired the president and chairman of the company.

New York experienced a bombing in its World Trade Center garage.

February 1993 was the first College Hotline held at the College Aid Commission office.

IASFAA implemented the "Student Success Story of the Year".

IASFAA Executive Council struggled with the membership issue of institutional membership vs. individual membership. Individual membership remained as the policy.

Iowa Legislature passed the new Ethics Bill which prohibited constituents of legislators and specific state agency staff involved in lobbying to spend no more than $2.99per day per constituent.

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1993 - 1994

This was the year that —

Israel and the PLO signed a peace accord.

That the U.S. Senate closed out its final report on POW's and MIA's during the Vietnam War.

President Clinton signed the Brady Handgun Violence Protection Act into law.

On April 22, 1994, President Nixon died.

Jacqueline Kennedy Onassis died.

Iowa was hit with devastating floods.

The Federal Department of Education provided additional financial aid funds to schools to assist needy students adversely affected by the floods.

Carol Scherman, University of Dubuque, received the MASFAA Outstanding New Professional Award.

The first ICN program was initiated with Gary Nichols, John Carver and the Commission staff.

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1994 - 1995

This was the year that —

O.J. Simpson was accused of killing Nicole Brown Simpson and Ronald Goldman.

Figure skater Nancy Kerrigan was struck on her knee after practicing for the U.S. Figure Skating Championship in Detroit.

Acting Baseball Commissioner Bud Silig announced that the rest of the baseball season was canceled due to baseball players being on strike over a capped salary policy.

NAACP ousted the chairman, William Gibson due to misuse of funds.

IASFAA membership totaled 273.

First year for schools to participate in the Federal Direct Lending Program which comprised 104 schools nationally. This new program caused dissension among some schools and lenders.

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1995 - 1996

This was the year that —

Initial reauthorization hearings began since the Higher Education Act expires September 30, 1997.

Republicans take control of both houses of Congress.

San Francisco 49'ers win the Super BowlXXIX.

Jan Schnitzler, President of IASFAA for1995-96 regretfully resigned five days after receiving the gavel, due to a job change. Roberta Johnson (Iowa State University) assumed the IASFAA presidency. This meant the president-elect position for IASFAA was left open when Roberta Johnson assumed the presidency. Patrice Olson, IASFAA Past President moved in October 1995 to Tennessee which left this position open.

Second year for the new Federal Direct Lending Program which now had over 1300 schools participating nationally.

Dues for individual "regular" IASFAA members was $30 per year.

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1996 - 1997

This was the year that —

President Clinton shut the Federal Government operations down two times as a result of Gramm-Rudman-Hollings Act and two continuing resolutions.

Congress approved a work-study appropriation that was the largest in years.

Republicans gained control of both Iowa houses after the 1996 state elections.

Electronic Financial Aid Transcripts were introduced.

Reauthorization hearings continue.

IASFAA adopted a new logo and letterhead, the first time in 13 years.

IASFAA purchased liability insurance to cover the Executive Council.

IASFAA implemented the Leadership Symposium which was modeled after the Minnesota plan.

The Federal Central Processor of aid applications experienced huge delays which resulted in backlogs of unprocessed aid applications as well as lost forms.
The College Aid Commission set new policy on being lenient relative to the receipt deadline for state-funded aid programs.

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1997 - 1998

This was the year that —

Princess Diana was killed in an automobile accident and Congressman Sonny Bono was killed in a skiing accident in early 1998.

James Earl Ray, accused assassin of Martin Luther King died April 1998.

John Parker, Drake University, elected NASFAA President.

MASFAA conference was held in Des Moines. Debbie Craig and Sally Harris were
Site Co-chairs.

Preliminary reauthorization hearings held along with the submission of position papers.

The College Aid Commission cut the Tuition Grant by $35 per student.

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1998 - 99

This was the year that —

Impeachment proceedings were brought against President Clinton for improprieties in
in the presidential office concerning intern Monica Lewinsky.

Michael Jordan retired (again) from the Chicago Bulls and former Iowa State University
coach Tim Floyd took over as head coach of that team.

NATO forces began air strikes against Yugoslavia.

Iowa elected Tom Vilsack, a Democratic governor.

The Higher Education Act was reauthorized on October 7, 1998.

The government announced plans to implement a Master Promissory Note (MPN) for
the 1999-2000 academic year.

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1999 - 2000

It was the year that —

Everyone’s thoughts were turning to the new millennium – what would happen with the computers!

John F. Kennedy, Jr., his wife and sister-in-law were killed in a plane crash.

The nation was in shock over the April, 1999 shootings at Columbine High School in Littleton, CO leaving 15 dead and 23 wounded.

The U.S. Women’s Soccer Team wins the World Cup.

The Treasurer went to computerized checks.

Susan Ladd was elected Vice President of MASFAA.

IASFAA used the website for the first time for conference registrations and memberships which allowed easier access for registration and the cross-referencing of current paid member with their conference registration.

The association voted to merge the membership, directory and newsletter editor committees into Electronic Services Committee so these functions could become available and coordinated via the IASFAA website.

The Community Outreach committee developed “College for A Day” service project.

The first annual review of the treasurer’s records was conducted.

The fall conference was held in Cedar Rapids and the spring conference in Des Moines.

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