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There are many factors to be considered when reviewing a student's application for aid from the FSA programs, such as whether the student is a U.S. citizen or permanent resident, whether the student is making satisfactory academic progress, and whether the student has a defaulted FSA loan. This volume of the Federal Student Aid Handbook discusses the eligibility requirements for students and parent borrowers, and responsibilities to ensure that recipients qualify for their aid awards. The table of contents divides the hand book into the following 5 chapters: (1) Chapter 1, School-Determined Requirements, discusses student eligibility requirements that do not require information from the Department's systems; (2) Chapter 2, Citizenship, explains that a student must be a citizen or eligible non-citizen to receive FSA--It also describes immigration documents that may be needed to make sure students meet this requirement; (3) Chapter 3, Financial Aid History, provides a discussion of how to review a student's financial aid history, and also how to track changes to the student's financial history through the post screening and transfer student monitoring processes; (4) Chapter 4, Social Security Number, provides information on the SSN requirement and the match process; (5) Chapter 5, Selective Service, describes the registration requirement, and the Selective Service match; and (6) Chapter 6, Program-Related Eligibility Requirements, describes additional factors that are program-specific.
The purpose of this publication is to provide participating schools with guidance on how to request, disburse, manage, and report on the use of Federal Student Aid funds. A summary of the changes and clarifications is presented in greater detail in the chapters that are contained in this volume: Chapter 1, The MPN (Master Promissory Note) and the Stafford/Plus Loan Process, covers the process of making a loan, and describing the actions and information required of the student, parent, and school; Chapter 2, Disbursing Federal Student Aid Funds, provides the rules that apply to Pell Grants, FSEOG (Federal Supplemental Educational Opportunity Grant), Perkins Loan, Direct Loan, and FFEL (Federal Family Educational Loan); and Chapter 3, Requesting and Managing Federal Student Aid Funds, discusses the cash management regulations, and establishes rules and procedures that a school must follow in requesting and managing funds for the Pell Grant, FSEOG, Perkins Loan, FWS (Federal Work-Study), Direct Loan, and FFEL programs.
The purpose of this publication is to describe how a school becomes eligible to participate in the Federal Student Aid (FSA) programs and to explain the administrative and fiscal requirements of FSA program participation. In addition, this publication discusses other issues relevant to the general administration of the FSA programs. A summary of the changes and clarifications is presented in greater detail in the following 12 chapters: (1) Chapter 1, Institutional Eligibility, discusses the three types of institutions that are eligible to participate in the FSA programs; (2) Chapter 2, Applying for Participation in the FSA Programs, discusses how and when a school applies for approval to participate in the FSA programs; (3) Chapter 3, General Participation Requirements, explains many of the participation requirements; (4) Chapter 4, Program Eligibility, deals with the relationship between program eligibility, and institutional eligibility; (5) Chapter 5, Updating Application Information, describes changes that can affect a school's participation, as well as how and when to report these changes; (6) Chapter 6, Providing Consumer Information, provides the requirement for the consumer information that a school must provide to students, the Department, and others as well as a summary of the effects of misrepresentation of school information on a school's FSA participation; (7) Chapter 7, Written Agreements between Schools, presents the specific requirements for such agreements. (8) In chapter 8, Distance Education, the applicability of the FSA program requirements to programs offered through distance education is discussed; (9) Chapter 9, Record keeping, and Disclosure, covers the requirements for maintaining and disclosing records for the FSA programs; (10) Chapter 10, Administrative Capability, provides the requirements a school must meet to demonstrate its administrative capability; (11) Chapter 11, Financial Standards, explains the financial standards schools must maintain to participate in the FSA programs; and (12) Chapter 12, Program Integrity, offers a discussion of the responsibilities of schools, accrediting agencies, states, and the Department for ensuring the integrity of the FSA programs.
The Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (FSEOG), and Federal Work-Study (FWS) programs are called "campus-based" programs because each school is responsible for administering them on its own campus. This volume gives guidance on issues specific to the administration of the campus-based programs. Following the introduction, this guide is divided into the following 5 chapters: (1) Participation, Fiscal Procedures, & Records; (2) Operating a Federal Work-Study Program; (3) Making Perkins Loans; (4) Perkins Repayment, Forbearance, Deferment, and Cancellation; and (5) Perkins Billing, Collection, and Default. Appendices include: (1) Model Off-Campus Agreement; and (2) Need Assessment for FWS Community Service Program.
This volume of the Federal Student Aid (FSA) Handbook discusses the eligibility requirements for students and parent borrowers and the responsibilities of institutions in checking to be sure that recipients qualify for their aid awards. The guide also describes recent changes to FSA requirements and procedures. The biggest change for this year is the addition of the automated secondary confirmation process in the Immigration and Naturalization Service citizenship match. The chapters are: (1) "School-Based Requirements"; (2) "Citizenship"; (3) "NSLDS Financial Aid History"; (4) "Social Security Administration"; (5) "Selective Service"; ( 6 ) "Expected Family Contribution"; (7) "Financial Need and Packaging"; and (8) "Overpayments and Overawards . (SLD) 'I -l i.
This publication is intended for financial aid administrators and counselors who help students begin the student aid process--filing the Free Application for Federal Student Aid (FAFSA), verifying information, and making corrections and other changes to the information reported on the FAFSA. This guide contains the following chapters: (1) The Application Process: FAFSA to ISIR, which explains that the laws governing the FSA programs require that a person apply for aid with a form provided by the Department of Education and that no fee be charged for processing it. Students can fill out a paper FAFSA or they can apply electronically; (2) Filling Out the FAFSA, which provides guidance that supplements the application instructions, and discusses some of the more difficult questions that may arise; (3) Expected Family Contribution (EFC), which describes the EFC formula in detail; (4)Verification, which provides a list and discussion of required verification items; and (5) Corrections, Updates, and Adjustments, which recognizes that there are situations where the original application information may need to be changed such as when errors need to be corrected, when dependency status, or household size changes, or when an aid administrator makes an adjustment based on professional judgment. A Verification Worksheet is included in this document.
The Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (FSEOG), and Federal Work-Study (FWS) programs are called "campus-based" programs because each school is responsible for administering them on its own campus. A school applies for and receives funds from the U.S. Department of Education, and the school's financial aid administrator is responsible for ensuring that eligible students receive program funds. This volume covers provisions common to the Perkins Loan, FSEOG, and FSW programs, and the next three volumes discuss each of these individually. This volume contains: (1) "Participation, Fiscal Procedures, & Records"; (2) "Selecting Recipients"; and ( 3 ) "Awarding Campus-Based Aid. (SLD) I' 1.
The purpose of the Federal Supplemental Educational Opportunity Grant Program (FSEOG) is to encourage schools to provide grants to exceptionally needy undergraduate students to help pay for postsecondary education. This volume provides information about the FSEOG eligibility and payments. The chapters are: (1) "Participation, Fiscal Procedures, and Records"; (2) "Selecting Recipients"; and (3) "Payments to Students.