Report Plan Essay Example | Topics and Well Written Essays - 750 words

Report Plan - Essay Example (What product, service, or program will you recommend?) The topic of the report would be improvement in the providing financial aid to poor but deserving students. The current financial aid process requires students to apply a Free Application for Federal Student Aid (FAFSA) form which would be forwarded to the Federal Student Aid Programs (U.S. Department of Education, 2013). As disclosed, the receipt of the FAFSA by the Federal Student Aid Programs will prompt the Department of Education to issue an official Student Aid Report (SAR) to the applicant. After which, the educational facility would be provided with a copy of the SAR electronically. The processing normally takes four to six weeks and there is difficulty in following up the status of the student’s application after the FAFSA has been forwarded to the Federal Student Aid Program due to the volume of applications received. As such, the student who applied for financial aid has little recourse if the application is de nied at the last moment and thereby, provides the student with virtually no alternative courses to seek financial assistance and enroll in graduate programs, as planned. 3. Identify the purpose of the report. (What need or problem will the product, service, or program resolve?) The purpose of the report, therefore, is to provide students applying for financial aid under the graduate services program with other alternative courses for financial assistance; in addition , or in lieu of the application with FAFSA. Hopefully, educational institutions should have their specific financial aid program to support the academic needs of deserving students and which could be processed on a shorter time frame to enable incoming graduate students to plan for the academic endeavor prior to formal school opening. 4. Identify potential resources that will be needed for support. To support the report, the potential resources that could be researched are: (1) private institutions that provide educatio nal support and financial aid which could be tapped by incoming graduate students; (2) some form of promissory note agreement could be forged between the student and the graduate studies administrator to determine the fees for a particular semester and accommodate the minimum fee that could enroll the student on a lay-away or down payment scheme; and (3) provision of greater opportunities to be accepted to the graduate assistantship program (Graduate Assistantships, 2013). 5. Identify methods to be used to gather information. To gather pertinent information on the abovementioned resources, the following data could be researched: (1) secondary sources of information of private scholarships being provided; (2) pros and cons of promissory note methods; and (3) weighing pros and cons of being admitted to the graduate assistantship program as students are pursuing their master’s degrees. Likewise, other previous secondary sources of information conducted by authoritative authors o n the subject could provide needed support. If time would allow, other sources of gathering information could be through survey or questionnaire method, interviews, or through primary method of research. 6. Identify criteria to be used to evaluate the information collected. (What factors will you consider to make your recommendation?) To evaluate the information collected, the factors that would be considered are as follows: To apply for