1The duties of the department shall include:8(1) 9Administration of this part and rules adopted by the State Board of Education.
22(2) 23Administration of federal funding, insurance, or reinsurance in full compliance with applicable federal laws and regulations.
39(3) 40Development of written administrative procedures and controls for the administration of each financial aid program conducted by the office, maintenance of program records and documents, timely collection and remittance of insurance premiums, and timely assignment of defaulted loans to collection agencies.
81(4) 82Annual compilation of sources of financial aid available to students in this state.
95(5) 96Biennial analysis of the amount of available financial aid moneys and the effect of such moneys on student access to postsecondary institutions.
118(6) 119Biennial internal evaluation of the administrative efficiency and effectiveness of the office.
131(7) 132Annual assessment of the accuracy of eligibility information from a random sample of award recipients.
147(8) 148Annual review of procedures for the distribution of state financial aid funds.
160(9) 161Development and submission of a report, annually, to the State Board of Education, the Board of Governors, the President of the Senate, and the Speaker of the House of Representatives, which shall include, but not be limited to, recommendations for the distribution of state financial aid funds.
208(10) 209Development and evaluation of a comprehensive, long-range program of all sources of student financial aid.
224(11) 225Dissemination of information on available financial aid programs to district school superintendents and other persons who request such information.
244(12) 245Calculation of the amount of need-based student financial aid required to offset fee increases recommended by the State Board of Education and the Board of Governors and inclusion of such amount within the legislative budget request for student assistance grant programs.
