Many colleges and universities use financial aid to help students afford higher education, but aren't properly safeguarding against the associated risks. So what can be done? In this webinar, attendees will learn how they can better administer financial aid and protect their institution’s financial interests. We'll cover the various risks that can be encountered, what red flags to look for and the use of data analytics as both a preventative and a detective control.
Upon completion of this program, participants will be able to:
- Discuss the risks associated with accepting financial aid and appropriate mitigation strategies through program administration
- Identify red flags for misuse and abuse of the program
- Recognize common data analytic techniques as preventative and detective controls