20th ANNUAL EFC MEMBERSHIP MEETING
Date: March 8, 2012 - March 9, 2012
Early Registration Discount Expires on February 8, 2012
EFC Member Conference Fees:
Cancellation Policy:
Hotel Information:
Sheraton Wild Horse Pass
5594 West Wild Horse Pass Boulevard
Chandler. AZ 85226
602-225-0100
Attire:
Business Casual
Conference Description:
The Annual Membership Meeting is EFC's largest conference and well-attended by EFC members and non-members. The Annual Membership Meeting brings together financial industry participants, policymakers, and higher education advocates to discuss market activity and outlooks, regulatory issues, pertinent legislation, and relevant higher education issues. This meeting provides participants with informative sessions and valuable networking opportunities.
Conference Agenda:
Conference Agenda PDF: agenda_preliminary_01172012_web.pdf
Activities:
(NOTE: Please be sure to select an activity with your completed registration form. Space is limited and reservations for an activity will be filled on a first come first serve basis. If you do not select an activity, EFC will assume that you have chosen not to participate in any of the activities offered.)
Date: March 8, 2012 - March 9, 2012
Click here to register for this meeting.
CONFERENCE REGISTRATION INFORMATIONEarly Registration Discount Expires on February 8, 2012
EFC Member Conference Fees:
- Registration received on or before February 8, 2012: $860.00
- Registration received after February 8, 2012: $1060.00
- Registration received on or before February 8, 2012: $1200.00
- Registration received after February 8, 2012: $1400.00
Cancellation Policy:
All registration cancellation requests must be made in writing (e-mail is acceptable) to EFC. Full refunds will be provided for cancellation requests made on or before February 8, 2012. Requests made after February 8, 2012 and on or before March 1, 2012 will receive a 50 percent refund; any requests made after March 1, 2012 are not eligible for a refund even if the registrant does NOT attend the conference.
Hotel Information:
Hotel room reservations should be made directly with the Sheraton Wild Horse Pass online by utilizing this link, Education Finance Council 2012, or by calling the hotel at (602) 225-0100. Please inform the reservation clerk that you are attending the Education Finance Council meeting to ensure the special room rate of $234.00 per night, plus applicable state and local taxes (approximately 12.0%). Room rates will be in effect from three (3) days prior and post the EFC event, subject to availability. You MUST make your reservations on or before February 8, 2012 to receive the special room rate. EFC has reserved a small room block and the hotel will fill up quickly. Once EFC’s room block is full, we cannot guarantee the lower rate or room availability regardless of the cut-off date. Reservations made after February 8, 2012 or after the EFC room block is full are subject to availability and rate change. Please only reserve the number of rooms that you will be using – cancelling rooms on or after the cut-off date prevents other members from receiving the EFC special rate and may lead to penalties for EFC.
Sheraton Wild Horse Pass
5594 West Wild Horse Pass Boulevard
Chandler. AZ 85226
602-225-0100
Attire:
Business Casual
Conference Description:
The Annual Membership Meeting is EFC's largest conference and well-attended by EFC members and non-members. The Annual Membership Meeting brings together financial industry participants, policymakers, and higher education advocates to discuss market activity and outlooks, regulatory issues, pertinent legislation, and relevant higher education issues. This meeting provides participants with informative sessions and valuable networking opportunities.
Conference Agenda:
PRELIMINARY AGENDA
SUBJECT TO CHANGE
Wednesday, March 7, 2012
10:00 a.m.
Golf Outing (pre-registration required – limited space)
3:00 p.m. – 4:30 p.m.
Registration
3:30 p.m. – 4:15 p.m.
Board Meeting – Executive Session – Closed Session
4:15 p.m. – 4:30 p.m.
Break
4:30 p.m. – 6:00 p.m.
EFC Voting Member CEO Meeting (Voting Members Only)
Evening on Your Own
Thursday, March 8, 2012
7:30 a.m. – 8:30 a.m.
Breakfast
7:30 a.m. – 4:00 p.m.
Registration
8:15 a.m. – 9:00 a.m.
Chairman & President’s Reports / Results of EFC Board of Director’s Election
In celebration of the EFC’s 20th Anniversary, EFC will provide a quick review of how the association has transitioned from its humble beginnings to where it stands today.
9:00 a.m. – 9:45 a.m.
Federal Direct Loan Servicing – Implementation Challenges for NFP Servicers
As not-for-profit servicers begin to go live – conversion issues and new criteria from the Department of Education arise. This session will identify and discuss these challenges, how they can be overcome, and what has yet to be resolved.
9:45 a.m. – 10:30 a.m.
Federal Direct Loan Servicing – Multiple Servicer Challenges for Institutions of Higher Education
The elimination of the FFELP and changes to the preferred lender list rules has had a tremendous impact on institutions of higher education. Schools may no longer select their servicer and must now work with the TIVAS as well as the not-for-profit loan servicers. A panel of school representatives will discuss challenges financial aid administrators face in a multiple servicer environment and provide feedback on ways to improve servicing services.
10:30 a.m. – 10:45 a.m.
Break
10:45 a.m. – 11:45 a.m.
Overcoming Hurdles and Obstacles in Setting Up a Supplemental Loan Program
As college costs increase, federal loan limits remain capped, and institutions of higher education are seeking alternatives to federal financial assistance programs, new market opportunities for supplemental loan programs could develop. A panel of experts will examine the realities of creating and maintaining a supplemental loan program. The discussion will encompass operational issues such as staff requirements, origination, and servicing, as well as financing issues such as liquidity and rating agency challenges for start-up programs, refinancing portfolios, and statutory blocks for 150(d) organizations.
11:45 a.m. – 12:45 p.m.
Credit Risk Management for Supplemental Loan Programs
Student loan data analytics, risk management, and portfolio trends are key components to managing a successful supplemental loan program. Panelists will share expertise on maximizing these components in a strategic plan to ensure credit-based supplemental loan programs meet the capital markets’ demand for portfolio credit quality.
12:45 p.m. – 1:45 p.m.
Luncheon
2:00 p.m. – 2:45 p.m.
Implementation of the Dodd-Frank Act – What You Need to Know
The enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) increased the role of federal finance regulatory agencies into the student loan finance market. This discussion will review the regulations proposed and finalized issued by the various governing agencies, including the impact of the Tower Rule, the Office of Municipal Securities, and the growing role of the SEC.
2:45 p.m. – 3:30 p.m.
CFPB in the Student Loan Marketplace
President Obama’s recess appointment of Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB) has mobilized the bureau. This session will examine CFPB initiatives affecting nonprofit and state agency student loan agencies including those from the: Consumer Education & Engagement (Financial Education & Office of Students including the private student loan ombudsman); Research, Markets & Regulations (Installment & Liquidity Lending Markets); and the Supervision, Enforcement, Fair Lending and Equal Opportunity (includes non-bank supervision).
3:30 p.m. – 3:45 p.m.
Break
3:45 p.m. – 4:45 p.m.
Washington Update
From analyzing the after effects of the Supercommittee, to the litany of regulations on the horizon, the events in Washington will continue to impact nonprofit and state agency student loan providers. This presentation will provide an update on the key legislative issues and executive branch initiatives, including a discussion on activities from the Department of Education.
4:45 p.m. – 5:30 p.m.
Time on Your Own
4:45 p.m. – 5:30 p.m.
EFC Board of Directors – Executive Session – Closed Session
5:30p.m. –
EFC Reception & Dinner
Friday, March 9, 2012
7:30 a.m. – 9:00 a.m.
Breakfast
8:00 a.m. – 11:00 a.m.
Registration
8:30 a.m. – 9:30 a.m.
Capital Markets Update – The New Normal
The capital markets continue their volatile trends as the European debt crisis creates continued uncertainty. A panel of experts will discuss the current state of the capital markets including the numerous factors that influence supply and demand for student loan bonds and what issuers should be aware of when evaluating future issuances or restructuring alternatives. Panel members will provide their insights on relevant topics such as the capital markets outlook, the U.S. and foreign sovereign ratings implications, and other macroeconomic trends that have an effect on investor demand and deal structures.
9:30 a.m. – 10:15 a.m.
Leveraging the National Focus on College Success: Effective Messaging & Communications Strategies
In recent months, there has been a national focus on improving postsecondary access, affordability, and completion. This session will explore how nonprofit and state agency student loan organizations can leverage national goals to increase awareness of their college access and completion programs. Panelists will focus on effective messaging techniques and communications strategies.
10:15 a.m. – 10:30 a.m.
Break
10:30 a.m. – 11:15 a.m.
Tax-Exempt and Government Entities – Tax Discussion
The debate on tax reform on the Hill and activities of the tax-exempt and government entities (TEGE) division of the IRS has raised the importance of tax issues to nonprofit and state agency student loan agencies. Panelists will discuss key tax topics including TEGE and tax-exempt bond compliance initiatives.
11:15 a.m. – 12:00 p.m.
New Market Opportunities – Sustainability of Direct Loans
The ever-increasing federal debt has raised concerns that may open a national discussion on the sustainability of the Federal Direct Loan Program. This session will examine the potential for a new private sector/public sector student loan program including possible structures that the capital markets would support, the role of nonprofit and state agencies, and the political groundwork that needs to be laid to facilitate the development of the new student loan program in the future.
12:00 p.m.
Adjourn
Conference Agenda PDF: agenda_preliminary_01172012_web.pdf
Activities:
(NOTE: Please be sure to select an activity with your completed registration form. Space is limited and reservations for an activity will be filled on a first come first serve basis. If you do not select an activity, EFC will assume that you have chosen not to participate in any of the activities offered.)
- EFC Golf Outing:
The EFC Golf Outing will be held at the Whirlwind Golf Club's Devil's Claw 18-hole golf course. The rate includes golf, shared cart, range balls, bag tag, yardage guide and tax. Rental clubs are available for $53 per set - responsibility of the individual. There are limited slots reserved and will be filled on a first-come, first-served basis and payment must accompany registration. Any cancellation request must be made in writing by February 8, 2012 in order to receive a refund. After February 8, 2012 no refund will be made even if you do not play.
PLEASE NOTE:
If you wish to pay for your golf registration separate from your conference registration fee, please contact Gail daMota at 202-955-5510.
