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Session 39. The Big Picture Linda Burkhardt Kevin Campbell. Eligible Institution Types of Institutional Control. Eligible Institution Eligibility Requirements. Authorized by the state Accredited by accrediting agency recognized by the Department of Education (ED)

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session 39

Session 39

The Big Picture

Linda Burkhardt

Kevin Campbell

eligible institution eligibility requirements
Eligible InstitutionEligibility Requirements
  • Authorized by the state
  • Accredited by accrediting agency recognized by the Department of Education (ED)
  • Offers at least one eligible program of study
eligible programs institution of higher education
Eligible ProgramsInstitution of Higher Education
  • Associate, bachelor’s, graduate or professional degree, or
  • At least a 2-year program acceptable for full credit toward a bachelor’s degree, or
  • At least a 1-year training program that leads to a degree or certificate (or other educational credential) and prepares students for gainful employment in a recognized occupation
slide5
Eligible ProgramsProprietary Institution of Higher Education and Postsecondary Vocational Institution
  • Programs must provide training that prepares student for gainful employment in a recognized occupation and contain a minimum of:
    • 15 weeks instruction; 600 clock hours,

16 semester/trimester hours, or 24 quarter hours

eligible programs
Eligible Programs
  • 10 weeks of instruction; 300 clock hours, 8 semester/trimester hours, or 12 quarter hours
    • Must be a graduate/professional program or admit only students with equivalent of an associate degree
  • 10 weeks instruction; 300-599 clock hours (eligible for only (eligible for FFEL and Direct Loans
    • Must have been in existence for at least one year
    • Must have at least a 70% completion rate and 70% placement rate in related job fields
general participation requirements
General Participation Requirements
  • Voter registrationHEA 487(a)(23) and 668.14(d)
  • Constitution DayFR May 24, 2005 and May 31, 2005
  • Availability of GED program668.14(b)(13)
  • Drug-Free Workplace and drug abuse prevention program668.14(c)
general participation requirements1
General Participation Requirements
  • Civil Rights and Privacy requirements99.31(a)(13) and (14)
  • Notify ED of contracts with servicers668.25(e)
  • Incentive compensation668.14(b)(22)
general participation requirements2
General Participation Requirements
  • Consumer Information
    • Annual individual notice to students containing list of consumer information and how to obtain it (includes Campus Security, Equity in Athletic Disclosure, Family Educational Rights and Privacy, Student Right to Know and general information about school)
financial responsibility
Financial Responsibility

ED reviews financial statements and

systems and determines school’s

ability to

  • Properly administer the FSA programs
  • Meet all of its financial obligations
  • Provide the services described in official publications
administrative capability
Administrative Capability
  • Outlines school’s ability to administer the Title IV Programs in accordance with the law and regulations
  • Reviewed by ED through program reviews and annual compliance audits
electronic application for approval to participate
Electronic Application for Approval to Participate

www.eligcert.ed.gov or E-App

  • Used to apply for designation as an eligible institution, initial participation, recertification, reinstatement, change in ownership, or to update a current approval. Updates include changes such as, but not limited to, name or address change, new location or program, increased level of offering, change of officials, or mailing address for publications.
schools contract with ed
Schools’ Contract With ED

Program Participation Agreement (PPA)

  • School agrees to comply with law, regulations and policies governing Title IV aid programs
  • Eligibility & Certification Approval Report (ECAR) details school’s programs of study approved for Title IV funding
policy development
Policy Development
  • Develop policies for processing student files
    • Need to review on an annual basis
    • Update as necessary
  • Keep policies in a Policy and Procedure manual
    • Organized for easy access
    • Available to all staff members for easy consultation

SFA

Policies

and

Procedures

what policies procedures
What Policies & Procedures?
  • Refund policies
  • Title IV academic year definition
  • Cost(s) of attendance
  • Packaging policy
  • Satisfactory academic progress
  • Verification
  • Loan confirmation and counseling
  • Record retention
how do schools receive title iv funding
How Do Schools Receive Title IV Funding?
  • Establish required bank account(s) for receiving and maintaining funds
  • Establish an account in the Department of Education’s Grants Administration and Payment System (GAPS) for requesting funds and reporting expenditures
what is gaps
Grants Administration and Payment System

Financial management support services for each Title IV program, except FFEL

Provides online capability to

Request payments

Adjust drawdowns

Access current grant and payment information

What Is GAPS?

NOTE: ED will replace GAPS with “G5,” a new system for grants management and payments. Phase I will be in the last quarter of calendar year 2007.

systems you need
Systems You Need
  • SAIG mailbox
    • ISIR’s
    • Default rate data
  • Internet Access
    • IFAP
    • FSA 4 Schools
    • Eligibility & Certification
systems you need1
Systems You Need
  • FAA Access to CPS Online
    • Input FAFSA’s
    • View ISIR’s
    • Correct ISIR’s
    • Add school code to ISIR’s
  • COD
    • Submit award and disbursement data for Pell Grant, ACG, National SMART Grant, and Direct Loan
systems you need2
Systems You Need
  • NSLDS user ID and passwords
    • View student financial aid history
    • Enrollment reporting
    • Transfer Monitoring
  • e-Campus-Based system
    • FSEOG & FWS authorizations
    • FISAP
determine student eligibility
Determine Student Eligibility
  • Review FAFSA/ISIR
    • Resolve database match issues
      • Social Security Number
      • Citizenship
      • Selective Service
      • NSLDS
      • Veterans Administration
determine student eligibility1
Determine Student Eligibility
  • Review FAFSA/ISIR
    • Verification
      • Process by which certain required data reported on the FAFSA is reviewed for accuracy and completeness
    • Resolve conflicting information
      • Includes information held by other offices on campus
calculate need
Calculate Need

COA-EFC=Need

  • Cost of Attendance
    • Estimate of student’s educational expenses
    • May have different costs for different programs of study ort categories of students
  • Use EFC appropriate to number of months in enrollment period
package
Package
  • Determine Pell Grant eligibility
  • Determine eligibility for other aid
    • Federal, state, institutional
  • Look at student’s outside resources
    • Must be included as estimated financial assistance
  • Entrance counseling for loan borrowers
disbursement
Disbursement
  • Responsibility of Business Office
  • Money is drawn from GAPS
  • Title IV aid is used to pay tuition, fees, and contracted room and board
    • Payment of other educational expenses requires written authorization from student
  • Disbursement may be credit to student’s account or check issued to student
disbursement1
Disbursement
  • Title IV aid disbursed by payment period over length of academic year
    • Payment periods differ depending on structure of program of study
      • Standard term
      • Non-standard term
      • Non-term credit hour
      • Clock hour
  • Disbursement requires notifications to student borrowers
student exits
Student Exits
  • Exit counseling for loan borrowers
  • Withdrawals
    • R2T4
      • Calculation
      • Make required refunds in timely manner
      • Notification and reporting of overpayments
reporting to ed
Reporting To ED
  • E-App
  • Annual compliance audit
  • NSLDS
  • COD
  • FISAP
  • Campus Security
contacts
Kevin Campbell

Phone: (214) 661-9488

Email: [email protected]

Contacts

We appreciate your feedback and comments.

We can be reached at:

Linda Burkhardt

slide30
Please provide any comments regarding this training or the trainers to:

Jo Ann Borel

Title IV Training Supervisor

[email protected]

202-377-3930

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