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June 5 , 2007
Volume 2007– Issue 12

Review of Recent Announcements

As a service to its participating schools and lenders, the Utah Higher Education Assistance Authority (UHEAA) offers the following review of recent announcements and releases from the U.S. Department of Education or other sources.  These reminders cover topics of general interest and importance that relate to the administration of federal student aid.

Any questions related to this Bulletin should be directed to UHEAA Policy and Training at 801.321.7166 or by e-mail to mjohnson@utahsbr.edu

A monthly summary of selected announcements, publications and guidance from the U.S. Department of Education brought to you by UHEAA.


Dear Partner/Colleague Letters
DCL Pub Date: May 17, 2007
CB-07-08
This letter reminds institutions of the statutory requirement that they spend at least seven percent of their Federal Work-Study (FWS) federal contribution as compensation to FWS students employed in community service activities.  In addition, each institution must also have at least one reading tutoring of children or family literacy project.  This letter also informs institutions of the sanctions it is subject to for failure to be in compliance with these requirements.
http://ifap.ed.gov/dpcletters/CB0708.html

DCL Pub Date: May 29, 2007
CB-07-09
2005-2006 Federal Perkins Loan Service Cancellation Reimbursement http://ifap.ed.gov/dpcletters/CB0709.html

 

Electronic Announcements
Date: May 11, 2007
Summary:  Issue Alert: Updates to Wording for Worksheet C Implemented on 2007-2008 FAFSA on the Web (FOTW) Site to Reduce Incorrect Responses by Students and Parents http://ifap.ed.gov/eannouncements/0511FOTWrkshtCUpdates0708.html

Date: May 11, 2007
Summary:  2006-2007 National SMART Grant CFL Reduction to NAPD Warning Message http://ifap.ed.gov/eannouncements/511NSMARTGReduction0607.html

Date: May 15, 2007
Summary:  Access to NSLDS -- Update #3
http://ifap.ed.gov/eannouncements/0514NSLDMessagesMay14.html

Date: May 15, 2007
Summary: Federal Pell Grant 2007-2008 Award Year Initial Authorization for Advanced Funded Schools http://ifap.ed.gov/eannouncements/0508InitialAdFundedSchools.html

Date: May 18, 2007
Summary: 2007-2008 Operational Implementation Guidance Including HERA-Related Updates http://ifap.ed.gov/eannouncements/0708OpImpGuidHERA.html

Date: May 21, 2007
Summary:  2006-2007 Verification Reporting and Verification Status Code "W" Warning Message                   
http://ifap.ed.gov/eannouncements/0518VerificationReporting0607.html

Date: May 21, 2007
Summary:  Availability of EDExpress for Windows 2007-2008, Release 3.0 http://ifap.ed.gov/eannouncements/0518EDExpressRel3.html

Date: May 22, 2007
Summary: Update on USCIS Field Offices for Submission of Immigration Status/Document Verification Request, G-845-New Field Office for Schools in Iowa and Nebraska http://ifap.ed.gov/eannouncements/0522G845FieldOfficeUpdAnn.html

Date: May 23, 2007
Summary: 2007-2008 Operational Implementation Guidance Including HERA-Related Updates http://ifap.ed.gov/eannouncements/0708OpImpGuidHERA.html

Date: May 23, 2007
Summary: Availability of May 2007 Update to 2007-2008 ISIR Guide http://ifap.ed.gov/eannouncements/0523ISIRGuideUpdate0708.html

Date: May 30, 2007
Summary:  FFEL and Direct Loan Interest Rates Effective July 1, 2007 http://ifap.ed.gov/eannouncements/0530FFELDLInterestRate.html

Date: June 01, 2007
Summary: First draft of the 2008-2009 FAFSA available for comment http://ifap.ed.gov/eannouncements/06010809FASFADRAFT.html

 

Training Announcements

Pub Date:May 02, 2007
ANN-07-09
This letter announces Federal Student Aid’s on-line training opportunities on the FSA Assessments, the ISIR Analysis Tool, and the Quality Assurance Program.  The tapes may be reviewed at your convenience.
http://ifap.ed.gov/dpcletters/ANN0709.html

Pub Date:May 22, 2007
ANN-07-11
Summary: This letter announces FSA's release of the third of three online, self-paced learning modules on EDExpress for 2007-08. This module, Direct Loan Processing, covers all Direct Loan functions of the EDExpress software.
http://ifap.ed.gov/dpcletters/ANN0711.html

 

Federal Register

FR Type: Notice
Date: May 16, 2007
Summary: Pell Grant, ACG, and National SMART Reporting under the Common Origination and Disbursement (COD) System.
http://ifap.ed.gov/fregisters/FR05162007.html

FR Type:  Notice
Date: June 01, 2007
Summary:  Notice of revised Federal Need Analysis Methodology for the 2008-2009 award year
http://ifap.ed.gov/fregisters/FR06012007.html

 

FSA Handbook

Award Year: 2007-2008
Chapter Title: Volume 5 - FSA Handbook: Overawards, Overpayments, & Withdrawal Calculations Section Title: Volume 5 - Overawards, Overpayments, & Withdrawal Calculations http://ifap.ed.gov/sfahandbooks/0708FSAHBKVol5.html

Award Year: 2007-2008
Chapter Title: Volume 1 - FSA Handbook:  Student Eligibility Section Title: Volume 1 - Student Eligibility http://ifap.ed.gov/sfahandbooks/0708FSAHBKVol1.html

 

FAFSA Instructions

Date: June      01, 2007
Award Year: 2008-2009
First draft of the 2008-2009 FAFSA available for comment

http://ifap.ed.gov/fafsa/0809FAFSA.html

 

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