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Description: Tags: 0203vol1intro

This document discusses the FSA Handbook volume on student and parent eligibility requirements. It outlines several factors that must be considered when reviewing a student's financial aid application, such as citizenship status, satisfactory academic progress, and defaulted loans. Schools receive information from various sources like the Central Processing System and National Student Loan Data System to determine eligibility. The Department provides regular updates and guidance to schools through letters, notices, and the IFAP website. Recent changes mentioned include updates to the EFC calculation, INS citizenship matching, loan status codes, guidance on home schooling, ability-to-benefit tests, handling of incorrect SSNs, and a name change from SFA to FSA.

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0% found this document useful (0 votes)
72 views2 pages

Description: Tags: 0203vol1intro

This document discusses the FSA Handbook volume on student and parent eligibility requirements. It outlines several factors that must be considered when reviewing a student's financial aid application, such as citizenship status, satisfactory academic progress, and defaulted loans. Schools receive information from various sources like the Central Processing System and National Student Loan Data System to determine eligibility. The Department provides regular updates and guidance to schools through letters, notices, and the IFAP website. Recent changes mentioned include updates to the EFC calculation, INS citizenship matching, loan status codes, guidance on home schooling, ability-to-benefit tests, handling of incorrect SSNs, and a name change from SFA to FSA.

Uploaded by

anon-717893
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Introduction i

This volume of the FSA Handbook discusses the eligibility requirements for
students and parent borrowers and your responsibilities in checking to make
sure that recipients qualify for their aid awards.

SOURCES OF INFORMATION Program and systems


information online
T here are many factors that you must consider 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 Student Aid Internet Gateway (SAIG)
the student is making satisfactory academic progress, and whether the www.sfadownload.ed.gov
Technical References and Users
student has a defaulted FSA loan. To answer these questions, you
Guides for—
receive information about the student from several different sources,
• CPS
including the Department of Education’s Central Processing System • Electronic Data Exchange
(CPS) for financial aid applications and the National Student Loan • RFMS EDE Pell
Data System (NSLDS). • Direct Loans
• SSCR
Throughout the year the Department provides updates to schools • FISAP
in the form of Dear Partner Letters and Action Letters. These letters • Packaging
and other information, such as Federal Register notices, are available
on the Information for Financial Aid Professionals (IFAP) website (http:// IFAP
ifap.ed.gov). The Department also posts system updates and technical ifap.ed.gov
guidance announcements on the IFAP site. • Federal Registers
• Action Letters
• Dear Partner Letters
Schools using software from the Department also receive other
materials that explain how the software operates. Desk references are
available on the sfadownload website. This publication doesn’t cover
the operation of specific pieces of software. Schools using third party
software should consult the reference materials they receive from the
software vendor.

RECENT CHANGES
Aside from the usual updates in the EFC calculation, the biggest
change to this volume is the addition of the automated secondary
confirmation process in the INS citizenship match. See chapter 2
for information.

Note also that some of the NSLDS loan status codes have
changed and now indicate eligibility for financial aid: see the AL,
UB, and UD codes in chapter 3.

1–i
Student Eligibility 2002–2003

Revised guidance has been issued regarding home schooling;


see Academic Qualifications in chapter 1.

Also in chapter 1, the ability-to-benefit tests have been updated.

With the advent of the Common Origination and Disbursement


project, we have given new guidance on how to treat FAFSAs that
have an incorrect Social Security number. See chapter 4.

Finally, the office of Student Financial Assistance has been


renamed Federal Student Aid, so throughout the Handbook SFA
has been replaced with FSA.

If you have any comments regarding the SFA Handbook, please


contact Research and Publications via e-mail at [email protected].

1–ii

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