Description: Tags: 0915CODProcUpdatePell
Description: Tags: 0915CODProcUpdatePell
In order to unlock users, a Security Administrator should log in to the COD Web site,
www.cod.ed.gov, and complete the following steps:
This information is also posted on the COD Web site in a document entitled “Unlocking And
Resetting COD Web Site Passwords.” To access the document before you log in to the Web site,
click on the “Click here if you are looking for more information on Common
Origination and Disbursement” Link. To access the document after you log in to the Web site,
click on the “Today’s Updates” link at the bottom of the page.
Schools can refer to the Electronic Announcement on the IFAP Web site,
http://www.ifap.ed.gov/eannouncements/0201UpdatedCODWebsiteSchools.html, for information
regarding COD Web site access. Third party servicers can refer to the Electronic Announcement
on the IFAP Web site at
http://www.ifap.ed.gov/eannouncements/UpdatedCODWebsiteThirdPartyServ.html.
Issue Alert: EDExpress for Windows 2006-2007, Release 3.0 Reposted to FSAdownload
Web Site to Resolve Import/Export Directory Issue (09/11/06)
Federal Student Aid has alerted all schools to a software issue in the version of EDExpress for
Windows 2006-2007, Release 3.0 posted to the U.S. Department of Education's Federal Student
Aid Download (FSAdownload) Web site on August 30, 2006.
This software issue only impacts schools that modified the default Import and Export data
directory locations established in an earlier EDExpress 2006-2007 version (Release 1.0 or
Release 2.0) to a path other than C:\IAM\DATA and then upgraded to Release 3.0 between
August 30 and September 5, 2006. The complete announcement regarding the issue and solution
is available on the IFAP Web site.
2005-2006 Pell Grant Processing Deadline is October 2, 2006 [09/05/06 (Updated 09/07/06)]
The deadline for electronically transmitting Pell Grant records for the 2005-2006 Award Year to
the COD System is Monday, October 2, 2006. To meet this deadline, a school’s transmissions
must be completed by midnight (in the school’s local time zone) on October 2, 2006.
To assist schools with final reporting before the October 2nd deadline, COD sent a Reconciliation
Report for the 2005-2006 Award Year (message class PGRC06OP) to the Student Aid Internet
Gateway (SAIG) mailboxes of all Pell Grant reporting schools with at least one funded 2005-
2006 disbursement.
For additional information about the deadline, refer to the Electronic Announcement available on
the IFAP Web site.
Actual disbursements must be received and accepted by the COD System no later than
10:00 A.M. (ET) on Thursday, September 28, 2006, in order for them to be included in a
drawdown prior to the shutdown. Disbursements submitted after this time will be funded
after EDCAPS/GAPS resumes processing on October 10, 2006.
In addition, prior to the shutdown period, we will advance to a school Federal Student
Aid program funds related to pending reimbursement requests.
• 8:00 P.M. (ET) on Saturday, September 30, 2006 through 8:00 A.M. (ET) on Tuesday,
October 10, 2006
The GAPS e-Payments system (the GAPS Web site) will not be available. Schools will not
be able to draw down Campus-Based, ACG, National SMART Grant, or Pell Grant funds
during this period.
Note: In some cases, a school will be unable to operationally comply with returning cash to
the Department within the timeframes specified in the Cash Management regulations at 34
CFR 668.166. We will consider the school to be in compliance with the excess cash
requirements provided that the school disburses such funds to eligible students (or parents) by
the end of the shutdown period and/or promptly returns such funds to the Department when
EDCAPS/GAPS resumes processing on October 10, 2006.
An Electronic Announcement with this same information is posted on the IFAP Web site. Thank
you for your patience and understanding as the Department completes this important activity.
The Department expects financial processing to be caught up by Tuesday, October 12, 2006.
• Pell Year-to-Date (YTD) Records— The YTD Record can be used to assist a school with
its year-end and ongoing reconciliation processes.
Schools also use the YTD Record for the purpose of
rebuilding a complete student record or Pell Grant
database.
• For rebuilds for the 2005-2006 and 2006-
2007 Award Year, the school can submit the
data request via the COD Web site or batch.
• For rebuilds for the 2004-2005 and earlier
award years, the school must contact the
COD School Relations Center by e-mail to
[email protected]. The school
should include "Pell YTD" in the subject
line. If a school is unable to e-mail its
request, it can contact the COD School
Relations Center by phone. [10/03/05
(Updated 10/27/05)]