AEFFA, the Association of Educational Federal Finance Administrators, is a not-for-profit organization for state level educational finance administrators working primarily with federal funds issues.
Association of Educational Federal Finance Administrators (AEFFA) was formed in 1976, under the aegis of Ralph Sharp, Florida Department of Education and Dick Jarrell, Texas Education Agency in response to their respective agencies’ continual difficulties in clearing audit findings, obtaining approved indirect cost proposals, and other issues arising while administering federal grants and contracts. They reasoned that if they were experiencing these difficulties, so must other states. They decided to host a gathering to discuss these common issues and to work with US Department of Education to develop solutions that would apply to problems facing more than just one or two states. From this, AEFFA was born.
The initial name was the Federal Funds Financial Practices Conference. In 1979, the name changed to the National Association of Federal Finance Administrators. In the early 1990s, the name was changed to the current Association of Educational Federal Finance Administrators, and in 1998 the organization was incorporated as a 501©3 in Washington, DC.
Membership in the Association of Educational Federal Finance Administrators (AEFFA) is open to any staff involved in federal finance and administration at the state level in any of the states or territories of the United States. Membership for finance staff working with federal programs at the county and local level has traditionally been handled on a case-by-case basis.
One of the major accomplishments of this organization, hammered out with input from attendees at the annual training conference, has been to facilitate an outstanding relationship with the U.S. Department of Education staff in the areas of Cooperative Audit Resolutions (CAROI) and Indirect Cost Allocations.