National Association Of Student Financial Aid Administrators

Board designated fund expenses:operating reserve fund - this fund has been established to meet unusual income short-falls, or to help properly terminate operations if the association were dissolved.project development fund - this fund has been established to help fund new initiatives and development of new programs.strategic technology fund - this fund was established to underwrite new technology initiatives and invest in technology upgrades.

Grants: received are used for various initiative such as educating the public, colleagues, and congressional members about relevant topics in federal student aid through research and advocacy work.