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The process for coping with the crisis by countries across the globe has been manifest in four basic phases. The first has been intervention to contain the contagion and restore confidence in the system. This has required extraordinary measures both in scope, cost, and extent of government reach. The second has been coping with the secondary effects of the crisis, particularly the global recession and flight of capital from countries in emerging markets and elsewhere that have been affected by the crisis. The third phase of this process is to make changes in the financial system to reduce risk and. | Acknowledgments This project is made possible with the ongoing support commitment and leadership of the California Community Colleges Chancellor s Office CCCCO . We would especially like to thank Linda Michalowski Vice Chancellor of Student Services and Special Programs Jeff Spano Dean of Student Services and Tim Bonnel Student Financial Assistance Programs Coordinator. In 2007 the CCCCO established the FYSI Taskforce which included representation from a myriad of national state and local agencies and postsecondary education institutions who united in a true collaborative effort. We would like to express our gratitude and appreciation to the FYSI Task Force members for dedicating their time and expertise in developing the FYSI Excerpt of the 2007 FYSI Manual. This guide was originally developed for California use and was edited by the National Association of Student Financial Aid Administrators for national distribution. We would like to acknowledge NASFAA s contribution to final editing and design work which was instrumental to the production of this document. L casey family programs fostering families fostering change. Special thanks to Casey Family Programs for their generous contribution to the development and dissemination of this publication to the higher education community. It is our collective hope that these tools will assist Financial Aid Administrators and other student advocates in helping unaccompanied homeless and foster youth pursue their postsecondary education dreams. FYSI Taskforce Members Anafe Robinson Director of Financial Aid Scholarships and Veterans Pierce College Los Angeles County Barbara Duffield Policy Director National Association for the Education of Homeless Children Youth NAEHCY Gena Eichenberg Deputy County Counsel County of Humboldt County Counsel Gilda Maldonado Financial Aid Officer Mesa College San Diego County Greg Sanchez Financial Aid Director San Diego City College San Diego County Jackie Wong Foster Youth Services Program
