[Federal Register Volume 79, Number 133 (Friday, July 11, 2014)]
[Notices]
[Pages 40084-40092]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-16270]
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DEPARTMENT OF EDUCATION
Deadline Dates for Reports and Other Records Associated With the
Free Application for Federal Student Aid (FAFSA[supreg]), the Federal
Pell Grant Program, the William D. Ford Federal Direct Loan Program,
the Teacher Education Assistance for College and Higher Education Grant
Program, and the Iraq and Afghanistan Service Grant Program for the
2014-2015 Award Year
AGENCY: Federal Student Aid, Department of Education.
ACTION: Notice.
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Catalog Federal Domestic Assistance (CFDA) Numbers: 84.007 Federal
Supplemental Educational Opportunity Grant Program (FSEOG); 84.033
Federal Work Study Program (FWS); 84.038 Federal Perkins Loan (Perkins
Loan) Program; 84.063 Federal Pell Grant Program; 84.268 William D.
Ford Federal Direct Loan Program; 84.379 Teacher Education Assistance
for College and Higher Education Grant Program; 84.408 Iraq and
Afghanistan Service Grant Program.
SUMMARY: The Secretary announces deadline dates for the receipt of
documents and other information from applicants and institutions
participating in certain Federal student aid programs authorized under
title IV of the Higher Education Act of 1965, as amended (HEA), for the
2014-2015 award year. The Federal student aid programs covered by this
deadline date notice are the Federal Pell Grant (Pell Grant), William
D. Ford Federal Direct Loan (Direct Loan), Teacher Education Assistance
for College and Higher Education (TEACH) Grant, and Iraq and
Afghanistan Service Grant programs.
These programs, administered by the U.S. Department of Education
(Department), provide financial assistance to students attending
eligible postsecondary educational institutions to help them pay their
educational costs.
Deadline and Submission Dates: See Tables A and B at the end of
this notice.
Table A--Deadline Date by Which a Student Must Submit the FAFSA, by
Which the Institution Must Receive the Student's Institutional Student
Information Record (ISIR) or Student Aid Report (SAR), and by Which the
Institution Must Submit Verification Outcomes for Certain Students for
the 2014-2015 Award Year
Table A provides information and deadline dates for receipt of the
FAFSA, corrections to and signatures for the FAFSA, ISIRs, and SARs,
and verification documents.
For all Federal student aid programs, an ISIR or SAR for the
student must be received by the institution no later than the student's
last date of enrollment for the 2014-2015 award year or September 28,
2015, whichever is earlier. As a reminder, a FAFSA must be submitted
for the dependent student for whom a parent is applying for a Direct
PLUS Loan.
The deadline date for the receipt of a FAFSA by the Department's
Central Processing System is June 30, 2015, regardless of the method
that the applicant uses to submit the FAFSA. The deadline date for the
receipt of a signature page for the FAFSA (if required), correction,
notice of change of
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address or school, or request for a duplicate SAR is September 19,
2015.
Verification documents must be received by the institution no later
than 120 days after the student's last date of enrollment for the 2014-
2015 award year or September 28, 2015, whichever is earlier.
For all Federal student aid programs except for (1) Direct PLUS
Loans that will be made to parent borrowers, and (2) Direct
Unsubsidized Loans that will be made to dependent students who have
been determined by the institution, pursuant to HEA section 479A(a), to
be eligible for such a loan without providing parental information on
the FAFSA, the ISIR or SAR must have an official expected family
contribution (EFC) and must be received by the institution no later
than the earlier of the student's last date of enrollment for the 2014-
2015 award year or September 28, 2015.
For a student who is requesting aid through the Pell Grant, FSEOG,
FWS, and Federal Perkins Loan programs or for a student requesting
Direct Subsidized Loans, who does not meet the conditions for a late
disbursement under 34 CFR 668.164(g), a valid ISIR or valid SAR must be
received no later than the student's last date of enrollment for the
2014-2015 award year or September 28, 2015, whichever is earlier. For a
student meeting the conditions for a late disbursement for these
programs, a valid ISIR or valid SAR must be received no later than 180
days after the student otherwise became ineligible or September 28,
2015, whichever is earlier.
In accordance with 34 CFR 668.164(g)(4)(i), an institution may not
make a late disbursement of title IV student assistance funds later
than 180 days after the date of the institution's determination that
the student was no longer enrolled. Table A provides that, to make a
late disbursement of title IV student assistance funds, an institution
must receive a valid ISIR or valid SAR no later than 180 days after its
determination that the student was no longer enrolled, but not later
than September 28, 2015.
Table B--Federal Pell Grant, Iraq and Afghanistan Service Grant, Direct
Loan, and TEACH Grant Programs' Deadline Dates for Disbursement
Information by Institutions for the 2014-2015 Award Year or Processing
Year
Table B provides the earliest dates for institutions to submit Pell
Grant, Iraq and Afghanistan Service Grant, Direct Loan, and TEACH Grant
disbursement records to the Department's Common Origination and
Disbursement (COD) System and deadline dates for an institution's
request for administrative relief if it cannot meet the established
deadline for specified reasons.
An institution must submit Pell Grant, Iraq and Afghanistan Service
Grant, Direct Loan, and TEACH Grant disbursement records, as
applicable, no later than 15 days after making the disbursement or
becoming aware of the need to adjust a student's previously reported
disbursement. In accordance with 34 CFR 668.164(a), title IV funds are
disbursed on the date that the institution: (a) Credits those funds to
a student's account in the institution's general ledger or any
subledger of the general ledger, or (b) pays those funds to a student
directly. Title IV funds are disbursed even if an institution uses its
own funds in advance of receiving program funds from the Secretary.
An institution's failure to submit disbursement records within the
required timeframe may result in the Secretary rejecting all or part of
the reported disbursement. Such failure may also result in an audit or
program review finding or the initiation of an adverse action, such as
a fine or other penalty for such failure, in accordance with subpart G
of the General Provisions regulations in 34 CFR part 668.
Other Sources for Detailed Information
We publish a detailed discussion of the Federal student aid
application process in the 2014-2015 Federal Student Aid Handbook and
in the 2014-2015 ISIR Guide.
Additional information on the institutional reporting requirements
for the Pell Grant Program, Iraq and Afghanistan Service Grant Program,
Direct Loan Program, and TEACH Grant Program is included in the 2014-
2015 Common Origination and Disbursement (COD) Technical Reference.
You may access these publications by selecting the ``iLibrary''
link at the Information for Financial Aid Professionals Web site at:
www.ifap.ed.gov.
Applicable Regulations: The following regulations apply:
(1) Student Assistance General Provisions, 34 CFR part 668.
(2) Federal Pell Grant Program, 34 CFR part 690.
(3) William D. Ford Direct Loan Program, 34 CFR part 685.
(4) Teacher Education Assistance for College and Higher Education
Grant Program, 34 CFR part 686.
FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of
Education, Federal Student Aid, 830 First Street NE., Union Center
Plaza, room 114I1, Washington, DC 20202-5345. Telephone: (202) 377-3681
or by email: [email protected].
If you use a telecommunications device for the deaf (TDD) or text
telephone (TTY), call the Federal Relay Service, toll free, at 1-800-
877-8339.
Accessible Format: Individuals with disabilities can obtain this
document in an accessible format (e.g., braille, large print,
audiotape, or compact disc) on request to the program contact person
listed under FOR FURTHER INFORMATION CONTACT.
Electronic Access to This Document: The official version of this
document is the document published in the Federal Register. Free
Internet access to the official edition of the Federal Register and the
Code of Federal Regulations is available via the Federal Digital System
at: www.gpo.gov/fdsys. At this site you can view this document, as well
as all other documents of this Department published in the Federal
Register, in text or Adobe Portable Document Format (PDF). To use PDF
you must have Adobe Acrobat Reader, which is available free at the
site.
You may also access documents of the Department published in the
Federal Register by using the article search feature at:
www.federalregister.gov. Specifically, through the advanced search
feature at this site, you can limit your search to documents published
by the Department.
Program Authority: 20 U.S.C. 1070a, 1070a-1, 1070b-1070b-4,
1070g, 1070h, 1087a-1087j, and 1087aa-1087ii; 42 U.S.C. 2751-2756b.
Dated: July 7, 2014.
James F. Manning,
Chief of Staff of Federal Student Aid, delegated the authority to
perform the functions and duties of the Chief Operating Officer of
Federal Student Aid.
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[FR Doc. 2014-16270 Filed 7-10-14; 8:45 am]
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