2015-2020 STRATEGIC PLAN

The Michigan Student Financial Aid Association (MSFAA) is driven by its mission statement and guiding principles.  This strategic plan is intended to help further guide MSFAA through decisions and practice that support both the aforementioned.  This Plan will reflect throughout, the mission of MSFAA through goals intended for implementation by the board over the next 5 years.  This plan should be reviewed annually and discussed with each new Board of Directors on an annual basis so that all MSFAA leaders are guiding the association in support of the goals here contained.  Decisions made by the board and MSFAA Committees should reflect and support the goals of this Long Range Strategic Plan (LRSP).

MSFAA Mission 

The mission of the Association is to enhance student financial aid awareness, to promote student access to postsecondary education and to provide professional development opportunities for its members.

MSFAA Guiding Principles

The Michigan Student Financial Aid Association views its membership to be an important asset to the community and to the State of Michigan.  In respecting the individuality of each member, we are committed to maintain an open and inclusive environment at Association functions.  It is important to MSFAA that its members participate in activities free from all forms of discrimination and harassment on the basis of race, religion, creed, color, age, sex, sexual orientation, national origin, ancestry, marital status, weight, height, medical condition or disability.


The 2015-16 Long Range Strategic Plan (LRSP) Committee began its work in March of 2015.  Through conference call meetings, plans were constructed to launch a survey to the financial aid community via MIFINAID.  This provided opportunity for members and non-members to participate and voices from all levels to be heard.  The survey launched in early June 2015 and provided a volume of feedback with over 200 participants responding.  Results of that survey will be reflected throughout this plan represented in the following four strategies.  


I.  OUTREACH AND ACCESS TO POSTSECONDARY EDUCATION

II.  PROFESSIONAL DEVELOPMENT, DIVERSITY AND INCLUSIVENESS

III.  PRESERVING MSFAA HISTORY

IV.  HEALTHY FINANCES AND STRATEGIC BUDGETING


presented to membership 2/2/2016



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