AASFAA is dedicated to promoting the professional preparation, effectiveness, training, recognition and association of student financial aid administrators in Arkansas.
In fall of 1965 at a SWASFAA meeting held in Hot Springs at the Velda Rose Hotel a discussion was held that determined that the Deans of Students and Business Managers were acting in a dual capacity as Deans and Financial Aid Directors at this time. In light of these discussions, by 1966, some colleges had begun to hire personnel as financial aid administrators to handle the programs that were created by the higher education act of 1965
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