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U.S. Department of Education. Federal Update. WVASFAA Fall Conference October 26 , 2012. Federal Pell Grant Program. Pell - LEU. LEU – Lifetime Eligibility Used Reduces the duration of a student’s eligibility to receive Pell Grant to 12 semesters (600 % - 6 full Scheduled Awards) - PowerPoint PPT Presentation
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U.S. Department of Education Federal Update WVASFAA Fall Conference October 26, 2012
Transcript
Page 1: U.S. Department of Education

U.S. Department of Education

Federal Update

WVASFAA Fall ConferenceOctober 26, 2012

Page 2: U.S. Department of Education

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Federal Pell Grant Program

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Pell - LEU LEU – Lifetime Eligibility Used Reduces the duration of a student’s eligibility

to receive Pell Grant to 12 semesters (600% - 6 full Scheduled Awards)

Applies to all students effective with the 2012-13 award year.

Calculation includes all earlier years of the student’s receipt of Pell NO “grandfather” clause

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Pell - LEU Calculate the equivalency by adding together

each of the annual percentages of a student’s scheduled award that was actually disbursed to the student. Once LEU reaches 600%, student no

longer eligible for Pell May impact FSEOG eligibility

If LEU more than 500% but less than 600%, partial eligibility for next award year

Page 5: U.S. Department of Education

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Pell - LEUEA posted on February 17, April 6, June 29 Beginning in July 2012 –

NSLDS will display student’s LEU CPS will use comment codes on ISIRs/SARs to

flag students LEU is almost/exceeds 600%. New COD Pell LEU History page

COD is the system of record for LEUs If report a disbursement but don’t disburse or don’t

disburse in full, MUST adjust (more important now than ever due to the 600% limit) Report adjustments within 30 days (8/13/12 EA)

Page 6: U.S. Department of Education

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Pell - LEU

• If less than 100% eligibility remaining, handle award like a transfer student

• Pay up to full amount allowed in first payment period/term

• Pay remaining balance in subsequent payment periods

• Do NOT spread out percentage evenly over remaining periods

• May round cents but cannot exceed 600%

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Pell – LEU (Example)Student’s annual Pell award is $4800 (100%) • Student’s current LEU is 523.867% of 600%• Student has 76.133% LEU remaining

• Do not round percentages• 76.133% of the student’s annual award is $3654.384Disburse 50% of annual award ($4800) 1st term = $2400(assuming full-time student)Disburse remainder of annual award in second term, up to the remainder of their LEU = $1254.384 (26.133%)• May round the dollar amount down to $1254 (26.125%), or

award the cents $1254.38 (26.133%)

Page 8: U.S. Department of Education

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Declining Pell - GEN-12-18• Students can decline all or part of their Pell Grant

awards or return some previously received Pell Grant funds to preserve future Pell Grant eligibility• Student may not return any Pell Grant funds from a prior award year (must take place in same award year)

• Student must provide a signed, written statement clearly indicating that they are declining/returning Pell funds for which they are otherwise eligible and that those funds may not be available once the award year is over

• School must submit any required adjustment records for the student to the COD System

Page 9: U.S. Department of Education

Federal Register – May 2, 2012 Removed regulations pertaining to a 2nd scheduled Pell

Grant (2 Pells in one award year) Crossover Payment Period (period in 2 award years)

Removed requirement to compare ISIRs from both award years and pay from the year with the higher payment

The school will determine which award year the payment period will be placed (34 CFR 690.64) Ability to meet need’s of the student and maximize eligibility

The entire payment period must be considered in ONE award year and the entire disbursement must be paid out of the award year in which it was placed

Effective May 2, 20129

Page 10: U.S. Department of Education

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Direct Loans

GEN-11-16

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Graduate Students Subsidized Loans eliminated for Graduate Students

Effective for loans made for loan periods beginning on or after July 1, 2012.

Subsidized Loans for loan periods beginning before July 1, 2012 remain unchanged

COD will edit for changes. Annual limits unchanged, all unsubsidized ($20,500) Students still eligible for subsidized loans for

preparatory coursework and teacher certification programs

Page 12: U.S. Department of Education

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Upfront Rebates Elimination of Direct Loan Incentives

Terminates repayment incentives (“upfront rebate”) to encourage on-time repayment of loans

Effective for loans first disbursed on or after July 1, 2012 COD will edit for compliance An actual disbursement takes precedence over

an anticipated disbursement Still allows interest rate reduction to borrowers who

repay electronically

Page 13: U.S. Department of Education

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Grace Period Interest Subsidy Temporarily eliminates the interest

subsidy on Direct Subsidized Loans during the six month grace period

Applies to new Direct Stafford Loans for which the first disbursement is made on or after July 1, 2012, and before July 1, 2014

Page 14: U.S. Department of Education

Interest Rates and Sub Eligibility 3.4% interest rates for subsidized loans

disbursed on or after 7/1/12 & before 7/1/13 New Subsidized limits: New borrowers on or after July 1, 2013 will be

eligible for Subsidized Loans up to 150% of published program length

Once 150% limit reached, ineligible for interest subsidy benefits on all subsidized loans first disbursed on or after July 1, 2013

More guidance coming!

14 EA dated 7/10/12

Page 15: U.S. Department of Education

Aggregate Loan LimitsIf a dependent student’s parent is denied a PLUS, the

dependent student can borrow up to the annual independent student loan levels.

• Amounts able to borrow because considered an independent student does not count against dependent aggregate loan limits

• Amounts able to borrow as dependent student (i.e. 1st year dependent student can borrow $3500 – base sub/unsub and $2000 additional unsub) would still count against dependent aggregate loan limits.

• Undergrads can never exceed overall total aggregate of $57,500

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Page 16: U.S. Department of Education

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Campus-Based Programs

Page 17: U.S. Department of Education

Awarding FSEOG• Pell Grant recipients with lowest EFCs

• Known as FSEOG first selection group• Not necessary to receive a Pell Grant in the same payment

period as FSEOG • Must be received in same award year• Example: student only receives Pell Grant in Fall due to reaching Pell LEU

• Not receiving Pell Grant with lowest EFCs• Known as FSEOG second selection group• May be selected after all Pell recipients have been awarded

• Includes students who exceed Pell LEU for entire award year

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Page 18: U.S. Department of Education

Perkins: Liquidation and Assignment• Updated procedures in August 5, 2011 EA

• Contains details on liquidation & assignment procedures

• Updated procedures coming soon!

• Liquidation of portfolio required when:• School voluntarily withdraws from program• School no longer advancing loans to students• School participation is terminated by ED

[email protected]

Page 19: U.S. Department of Education

Disbursing FWS Wages• Crossover Payment Periods

• Compensation earned through June 30 is paid with funds allocated for first award year

• Compensation earned starting July 1 is paid with funds allocated for the following year

• FWS students may be paid overtime in accordance w/applicable labor rules

• Students may earn academic credit and FWS compensation but may not be:• Paid less than if no credit were given• Paid for time receiving instruction• Paid unless employer often pays nonFWS person for same job

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Page 20: U.S. Department of Education

CB Use of Funds - Tips• Are we avoiding penalty for underuse of

funds?• Do not request more funding than can be used• Transfer funds to FSEOG/FWS• Carry-forward; carry-back• Taking Campus-Based ACA as appropriate• Up to 10% or $75,000 of FWS allocation may be used for job location and development under the JLD program

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Page 21: U.S. Department of Education

Common FISAP Errors• Failure to make required revisions

• Impacts tentative and final awards• Annual funding may be reduced in G5 by ED• No reinstatement of funds for reporting errors• December 15 deadline date to make revisions

• After December 15, revisions must be requested through CB program staff

• School does not coordinate with other offices on campus in collecting/reconciling info.

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Page 22: U.S. Department of Education

G5 Issues• CB funds transferred from one program to another

must be entered in G5 as an expenditure against the program from which they were transferred.

• FWS or FSEOG funds carried forward or back must be entered in G5 as an expenditure against the authorization for the award year from which they were taken

• Do not attempt to transfer CB funds in G5• A June 28, 2012 Electronic Announcement explains that

schools are no longer able to systematically transfer funds between programs, schools or award years.

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Ability-to-Benefit

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Ability-to-Benefit (ATB) Eliminates Title IV eligibility for students without a

high school diploma (or equivalent) Recognized equivalent of a HSD includes:

GED State certificate passing State authorized exam State considers

same as HSD Academic transcript of successful completion of at least a 2-

year program acceptable for full credit toward a Bachelor’s degree

Excelled academically in high school and meets admission policy into at least an AA degree

Home schooled students

Page 25: U.S. Department of Education

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Ability-to-Benefit: Exception Students who attended a Title IV eligible program of

study prior to July 1, 2012 OR officially registered for a TIV eligible program prior to July 1, 2012 AND later attended that program may continue to qualify under one of the ATB alternatives – Passing an independently administered,

approved ATB test Successfully completing at least six credit hours

or 225 clock hours

Page 26: U.S. Department of Education

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Ability-to-Benefit: Exception Students do not have to have received Title IV aid prior

to July 1, 2012 to qualify for the ATB exceptions School must document student qualifies for use of ATB

alternative NSLDS, transcripts, other documentation from previous

school indicating enrollment in eligible program GEN-12-09 - provides a “grandfather” test and various

scenarios to assist determine if a student qualifies for the ATB alternative

Page 27: U.S. Department of Education

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Repeat Coursework

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Graduate Programs

At this time graduate schools may continue to follow our written guidance on the program integrity website which states that the repeat coursework regulations only apply to undergraduates

Repeat coursework and graduate programs is currently under review

Stay tuned to IFAP

Page 29: U.S. Department of Education

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SAP

Page 30: U.S. Department of Education

• Evaluation “at end of payment period”• Schools have 3 options

1) At the point when the student’s scheduled clock hours for the payment period have elapsed, regardless of whether the student attended them; or 2) At the point when the student has attended the scheduled clock hours; or 3) At the point when the student successfully completes the scheduled clock hours for that payment period

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SAP – Clock Hours

School must establish one review option for a program; cannot start with one option and then after

the first review, switch to a different

option for that cohort of students.

Page 31: U.S. Department of Education

Background - • 1200 clock hour program, 40 weeks• Payment periods – 450 hrs/15wks; 450/15; 300/10• Student scheduled 30 hours per week• Max timeframe is 150% of 40 weeks = 60 weeks• 67% completion rate to measure pace • Evaluate SAP each payment period

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SAP – Pace Calculation Example

Program Integrity Q & A website – SAP Question R-Q9http://www2.ed.gov/policy/highered/reg/hearulemaking/2009/integrity-qa.html

Page 32: U.S. Department of Education

Option #1 – Scheduled hours• At 450 scheduled hours, completed 300 hours• 300/450 = 67% or, as expressed in calendar time, 10

weeks/15 weeks = 67%. • Both items checked according to max timeframe

• Standard rounding is allowed • Student is making SAP but not eligible for 2nd

disbursement until successfully completes 450 hours and 15 weeks of instructional time.

• Next SAP review is at 900 scheduled hours

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SAP – Pace Calculation Example

Page 33: U.S. Department of Education

Option #2 – Attended hours• At 450 attended hours, 600 scheduled hours elapsed• 450/600 = 75% or, as expressed in calendar time, 15

weeks/20 weeks = 75%. • Both items checked according to max timeframe

• Standard rounding is allowed • Student is making SAP but not eligible for 2nd

disbursement until successfully completes 450 hours and 15 weeks of instructional time.

• Next SAP review is at 900 attended hours

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SAP – Pace Calculation Example

Page 34: U.S. Department of Education

Option #3 – Successfully completed hours• At 450 successfully completed hours, 600 scheduled hours

elapsed• 450/600 = 75% or, as expressed in calendar time, 15

weeks/20 weeks = 75%. • Both items checked according to max timeframe

• Standard rounding is allowed • Because student has successfully completed both the

hours and the weeks in the payment period, the second disbursement could be made at this time

• Next review is at 900 successfully completed hours

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SAP – Pace Calculation Example

Page 35: U.S. Department of Education

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Executive Order 13607Establishing Principles of

Excellence for Educational Institutions Serving Service Members, Veterans, Spouses and other Family Members

GEN-12-10EA – 6/29/12

Page 36: U.S. Department of Education

E.O. 13607• Signed April 27, 2012 • Designed to ensure information, support and protections put in place for those students enrolled in post-secondary programs receiving federal military educational benefits

• Schools participating in certain federal military education benefits enter into an agreement/understanding with DOD and VA

• 6/29/12 EA provides a link to recorded webinar and the executive order

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Page 37: U.S. Department of Education

E.O. 13607• GEN-12-10 provides a series of Q & As to address how TIV schools can comply with EO 13607• Standardized cost form – ED’s “Shopping Sheet”• Aid Information – provides sample language• State Authorization and recruitment – follow existing ED regulations around state authorization, misrepresentation, recruitment and incentive compensation

• Accreditation – follow accreditation requirements• Readmission – follow ED’s guidelines for returning service members

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Page 38: U.S. Department of Education

E.O. 13607• GEN-12-10 provides a series of Q & As to address how TIV schools can comply with EO 13607• Withdrawals – treat VA and DOD funds similar to R2T4 and nonTIV schools develop refund policy similar to R2T4

• Individual education plans – definitions/terms, degree requirements and transfer hour procedures

• Advising points of contact – basic understanding of benefits and services for military/service and family members and contact information for additional help

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Page 39: U.S. Department of Education

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Financial Aid Shopping Sheet

GEN-12-12GEN-12-17

EA – 9/11/12

Page 40: U.S. Department of Education

Shopping Sheet – 2013-2014• ED developed model format to deliver financial aid information to students - section 484 of HEOA

• Encouraged to be used by schools starting in 13/14• If will use sheet, send email to [email protected] with institutional name and institution’s OPE ID number

• Required to be used by schools that agree to comply with Executive Order 13607 (principles of excellence)• Provide prospective veteran/service member students with personalized form that contains standardized information describing program costs and costs that may be covered by available Federal educational benefits and financial aid

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Page 41: U.S. Department of Education

Shopping Sheet – 2013-2014• An annotated shopping sheet, along with background information about the sheet, can be found at –• http://www2.ed.gov/policy/highered/guid/aid-offer/index.html

• The sheet is for undergraduate and graduate students but can be modified as necessary• ED will post comprehensive file on Department's Web site from which either an institution may pull its data or software providers may pull data on institution's behalf

• Shopping Sheet is currently in PDF format• Developing specifications for an HTML format available for institutions and software providers in Fall 2012

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Gainful Employment

Programs

Page 43: U.S. Department of Education

Gainful Employment Information Gainful Employment Page on IFAP at:

http://ifap.ed.gov/GainfulEmploymentInfo/ or from IFAP Homepage (right-hand side)Regulations and Federal Register NoticesDear Colleague Letters and Electronic Announcements

Frequently Asked QuestionsTraining, including webinarsResources

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Gainful Employment

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We are currently reviewing the recent legal decision about the Gainful Employment regulations. We are unable to respond to any questions related to Gainful Employment at this time,

but will provide additional guidance in the near future

Electronic Announcement dated July 6, 2012 (GE EA #39)• Provides background on decision• Current school requirements

• Do not have to report annual data for 11/12• Additional GE data not required to included for addingnew GE programs• Disclosure requirements still in affect

Stay tuned to IFAP for Updates!!!!

Page 45: U.S. Department of Education

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Verification

Page 46: U.S. Department of Education

Verification Documentation

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• Electronic Announcement – 7/20/12• Paper Tax Return “temporary” exception (GEN-12-07)• Beginning July 16, 2012, unless person meets exception listed in 8/21/12 EA, tax information must be verified by either using the IRS Data Retrieval Tool or by submitting IRS Tax Return Transcript

• Note that the July 15, 2012 exception deadline for paper returns applies to receipt of the copy of the tax return and NOT to when verification must be completed.

Page 47: U.S. Department of Education

Verification Documentation

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• Tax Return Transcript• Based on initial tax filing• Obtained in most situations where IRS Data Retrieval process cannot be used (or don’t use)• Exceptions – amended returns, identity theft, foreign countries, certain island nations and US commonwealths

• Electronic Announcement dated 8/21/12– Updated with program integrity Q & A (DOC-Q2)

Page 48: U.S. Department of Education

Verification Documentation

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• Amended Tax Returns1) a signed copy of an original tax return; OR

a Tax return transcript; AND2) a signed copy of IRS form 1040X

• Identity Theft1) a signed copy of the paper IRS income tax

return; AND2) a signed copy of IRS Form 14039 “Identity

Theft Affidavit” OR a signed statement, or police report if applicable

Page 49: U.S. Department of Education

Tax Filers - Extensions

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• Person is required to file, but obtained extension, must submit:– IRS form 4868 or IRS approval to extend beyond

October 15, 2012– W-2 for each source of employment income– Signed statement by a self-employed individual

certifying amount of AGI & US income tax paid for 2011 – When above documentation received, verification is

considered complete (disbursements are valid)• School may request transcript/IRS DRT when taxes

are filed

Page 50: U.S. Department of Education

2013-14 Verification

• Continuing to take small steps towards customized verification

• Items to be verified will be grouped• Individual student’s ISIR record will

indicate which group of items the student must verify

• IRS Data Retrieval Tool will be available the first Sunday each February (2/3/13)

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Page 51: U.S. Department of Education

2013-14 VerificationVerification items—• Retained all items subject to verification in

2012-13• Added two new items

• High school completion status• Identity/Statement of Educational Purpose

Federal Register – July 12, 2012DCL GEN-12-11

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Page 52: U.S. Department of Education

2013-14 Verification

• Documentation of high school completion status: • High school diploma; or• Final high school transcript that shows the date of graduation 

Note:  If a copy of an applicant’s high school diploma or final high school transcript is unavailable, the institution may accept alternative documentation

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Page 53: U.S. Department of Education

2013-14 Verification• Documentation of high school completion

status: Recognized equivalent of a high school diploma• General Educational Development (GED) Certificate;• State certificate received by a student after the student

has passed a State-authorized examination that the State recognizes as the equivalent of a high school diploma;

• Academic transcript of a student who has successfully completed at least a two-year program that is acceptable for full credit toward a bachelor's degree; or

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Page 54: U.S. Department of Education

2013-14 Verification • Documentation of high school completion

status: recognized equivalent of a high school diploma• For a person who is seeking enrollment in an educational

program that leads to at least an associate degree or its equivalent and has not completed high school but has excelled academically in high school, documentation from the high school that the student excelled academically in high school and documentation from the postsecondary institution that the student has met the formalized, written policies of the postsecondary institution for admitting such students

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Page 55: U.S. Department of Education

2013-14 Verification• Documentation of high school completion

status: Homeschooled• Transcript, or the equivalent, signed by the parent or

guardian, that lists the secondary school courses completed by the applicant and documents the successful completion of a secondary school education; OR

• A secondary school completion credential for home school (other than a high school diploma or its recognized equivalent) provided for under State law

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Page 56: U.S. Department of Education

2013-14 Verification

• Documentation of identity/statement of educational purpose• Appear in person and present to an institutionally authorized individual• A valid government-issued photo identification; and

• A signed statement of educational purpose• Maintain, an annotated copy of the identification:

• The date documentation was received; and • The name of the institutionally-authorized individual that obtained the documentation

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Page 57: U.S. Department of Education

2013-14 Verification• Documentation of identity/statement of

educational purpose (cont.)• If unable to appear in person, must provide the institution—• A copy of a valid government-issued photo identification

AND• An original, notarized statement of educational purpose signed by the applicant

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Page 58: U.S. Department of Education

Verification Tracking Groups

• Verification flags• Verification tracking flags

• Verification tracking groups• Items to verify based on group

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Page 59: U.S. Department of Education

–Tax Filers‒Adjusted Gross Income‒U.S. Income Tax Paid‒Untaxed Portions of IRA Distributions‒Untaxed Portions of Pensions‒ IRA Deductions and Payments‒Tax Exempt Interest Income‒Education Credits‒Number of Household Members‒Number in College‒Supplemental Nutrition Assistance Program

(SNAP-Food Stamps) – if listed on FAFSA‒Child Support Paid - if listed on FAFSA

‒  

V1– Standard

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Page 60: U.S. Department of Education

V1—Standard (cont.)

• Non-Tax Filers• Income Earned from Work• Number of Household Members• Number in College• Supplemental Nutrition Assistance Program (SNAP-Food Stamps) – if listed on FAFSA

• Child Support Paid - if listed on FAFSA

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Page 61: U.S. Department of Education

V2—SNAP

Supplemental Nutrition Assistance Program (SNAP-Food Stamps)

(1) A statement signed by the applicant/parent affirming that SNAP–Food Stamps benefits were received by someone in the household during the 2011 and/or 2012 calendar years. (2) If school has concerns with accuracy of information, the institution must obtain documentation from the agency that issued the SNAP-Food Stamps benefits

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Page 62: U.S. Department of Education

V3—Child Support PaidChild Support Paid by the student (or spouse),

the student’s parent or both(1) Statement signed by the applicant/parent certifying—

(a) The amount of child support paid;(b) The name of the person who paid the child support;(c) The name of the person to whom child support was paid; and(d) The names of the children for whom child support was paid

(2) If the institution has reason to believe that the information provided in the signed statement is inaccurate, the applicant must provide the institution with supporting documentation, such as—divorce decrees, checks, signed statements, etc.

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Page 63: U.S. Department of Education

V4—Custom

• High School Completion Status• Identity/Statement of

Educational Purpose• Supplemental Nutrition

Assistance Program (SNAP-Food Stamps)

• Child Support Paid

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Page 64: U.S. Department of Education

V5—Aggregate

• High School Completion Status• Identity/Statement of Educational PurposeAND• All items indicated-Tax Filer (V1)• All items indicated-Non-Tax Filer (V1)

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Cohort Default Rates

Page 66: U.S. Department of Education

HEOA Changes Increased CDR monitoring period from two to three

years Beginning with the 2009 cohort, the calculation will be:

Borrowers who default in that federal fiscal year or by the end of the next two federal fiscal years.

Establishes a three-year transition period for sanctions On 9/17/12 - released the FY 2010 2-Year Cohort Default Rates to schools

On 9/24/12 - released the FY 2009 3-Year Cohort Default Rates to schools

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2-Year Versus 3-Year CalculationThe Numerator is the number of borrowers from the denominator who default within a cohort period

The Denominator is the number of borrowers who enter repayment within a cohort period

3555000 .071 or 7.1%

6055000 .121 or 12.1%

5,000

FY-09 FY-10125 230

5,000

FY-09 FY-11FY-10125 230 250

Page 68: U.S. Department of Education

Transition Period

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Page 69: U.S. Department of Education

Default Sanctions* Default Prevention Plans

1st year CDR is equal to or greater than 30%: Establish a default prevention task force; and Develop and submit a default prevention plan to ED

2 consecutive CDRs equal to or greater than 30%: Revise and submit default prevention plan ED may require specific adjustments/actions

3 consecutive CDRs equal to or greater than 30%: Lose Direct Loan AND Pell Grant eligibility

1 CDR above 40% lose Direct Loan eligibility

69 *ability to appeal/challenge rates

Page 70: U.S. Department of Education

Default Prevention

ED’s Default Prevention Resource Center http://ifap.ed.gov/DefaultPreventionResourceInfo/[email protected] side of IFAP home page

Webinar Recordings –Default Prevention ConferenceSeveral different presentationsANN-12-18 (http://ifap.ed.gov/dpcletters/ANN1218.html)

ED Cohort Default Rate contacts (202) 377-4259;[email protected]

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Page 71: U.S. Department of Education

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Federal Registers

Page 72: U.S. Department of Education

NPRM – July 17, 2012

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Create new Income Contingent Repayment (ICR) plan based on future changes to IBR ICR-A (new plan); ICR-B (current plan) ICR-A – maximum annual payment capped at

10% of discretionary income; qualify for loan forgiveness after 20 years of qualifying payments; borrower needs partial financial hardship; adjustments for married borrowers depending on filing status

PROPOSED

Page 73: U.S. Department of Education

NPRM – July 17, 2012

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• Modify IBR plan to incorporate SAFRA Act Changes Becomes effective July 1, 2014 Redefine new borrower and partial financial hardship Maximum monthly payment limited to 10% of

discretionary income Loan forgiveness after 20 years of qualifying payments Improve notification requirements Revised repayment requirements for borrowers who

leave IBRPROPOSED

Page 74: U.S. Department of Education

NPRM – July 17, 2012

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• Total and Permanent Disability Discharge Perkins, FFEL and Direct Loans Borrowers representative can be involved in entire

process Borrowers apply for discharge directly to ED who will

notify all lenders ED to create an OMB form for reporting earnings Ensure application process for veterans with VA

documentation similar to non-veteran process Revise provisions to require payments by borrowers after

a discharge is granted be returned to the borrower

PROPOSED

Page 75: U.S. Department of Education

Federal Register – 9/27/2012

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• Updated Waivers to HEROES Act– Assist military service members called to active duty or

qualifying National Guard duty – Assist those residing or working in a declared disaster area

tied to a national emergency, war or military operations– Waivers and Modifications include:

- No grant overpayments owed under R2T4- Signed statements of tax extensions- LOA requests to not have to be in writing- Credit balance timeframe met if contact

attempted- Can hold balance up to 45 days

Page 76: U.S. Department of Education

Federal Register – 9/27/2012

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• Updated Waivers to HEROES Act–Waivers and Modifications include:

- 60 day loan cancellation period- verbal authorizations allowed- various loan statuses and payment

requirements- parental verification & FAFSA signature

requirements

- Effective 9/27/12 through 9/30/17

Page 77: U.S. Department of Education

Future Federal Registers

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Teacher Preparation and TEACH Grants Institutional reporting & State accountability –

quality of teacher preparation programs “High Quality” Program and Services

Definitions associated with school eligibility to participate in TEACH Grant

Service and Repayment obligations for TEACH

Page 78: U.S. Department of Education

Future Federal Registers

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Other Student Loan Issues “Naturally readable” Direct Loan regulationsVarious aspects of defaulted borrower processLoan RehabilitationsPerkins loan issues – deferments, enrollment reporting, loan assignments…

Fall 2012 Negotiated Rule-Making• May 1, 2012 Federal Register Notice• Topics – preventing fraud; use of debit cards and other banking mechanisms for disbursing TIV; improve and streamline campus-based programs

Page 79: U.S. Department of Education

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Additional DCLs &

Announcements

Page 80: U.S. Department of Education

Dear Colleague Letters

• GEN-12-13 – Program Integrity and State Authorization• Series of Q & As including discussion around E-App, student

complaints, additional locations and legal issues with distance ed• Specifically mentions that schools still responsible for complying

with all State laws as they pertain to distance education • GEN-12-08 – Disbursing Title IV aid through Contractors• GEN-12-03 – Students without a valid HS Diploma

• If institution identifies a student who did not possess a valid high school diploma when receiving Title IV aid for an award year prior to 2011-12, contact its School Participation Team

• GEN-11-17 – Fraud in Distance Education Programs

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Page 81: U.S. Department of Education

Electronic Announcements

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• 9/26/12 – Electronic IBR application (studentloans.gov)• 9/24/12 & 8/16/12 – NSLDS – “My Student Data

Download” Button (Sept. 2012)• Students can get loan, grant, enrollment, and overpayment

information in plain text file vs. PDF format or Web page• 7/3 & 7/20/12 – one website for students/families –

StudentAid.gov• 6/29/12 – Pell LEU System Enhancements• 3/22/12 – new G-845 form to use for secondary paper

confirmation

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Training & Resources

Page 83: U.S. Department of Education

Training• FSA Conference

• Orlando, FL – November 27-30, 2012• fsaconferences.ed.gov

• FSA Fall Webinar Series – October 2012• R2T4 Modules, R2T4 Clock Hours, Clock Hour Issues,

Campus-Based Programs, future Q & A session• ANN-12-21 (recordings will be posted to IFAP)

• Fundamentals of Federal Student Aid Administration• ANN-12-22 • New requirements – CEO/owner must attend entire training;

to register participants must complete online training

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Resources• IFAP.ed.gov website

• “My IFAP” – left-hand side• Program Integrity Q & A website http://

www2.ed.gov/policy/highered/reg/hearulemaking/2009/integrity-qa.html (right-hand side on IFAP)

• Campus-Based Call Center• 877-801-7168; [email protected]

• FERPA Office • 202-260-3887; [email protected]

Federal Loan School Support Team All DL schools have a POC - [email protected]

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Contacts• Philadelphia School Participation Team

• Main Number: 215-656-6442• Joe Kern (IIS) – 215-656-8566

• Philadelphia Training Officers• Annmarie Weisman – 215-656-6456• Craig Rorie – 215-656-5916• Gregory Martin – 215-656-6452

• Email – [email protected]

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Page 86: U.S. Department of Education

Feedback on TrainingJo Ann Borel

Supervisor of Training Officers281-758-8122; [email protected]

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