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REMINDERS

July 17, 2015
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Action:  All results of verification for students selected in Verification Tracking Groups V4 and V5 must be reported within sixty (60) days of when the school requests the information from the student.  For FAME clients the reports will be submitted, however clients must appropriately enter the results of the V4 and V5 verification.  (FAME ESP clients see the August 4, 2014, “What’s New in ESP?” e-mail.  FAME Freedom FinAid clients see the August 14, 2014, “What’s New in Freedom?” e-mail.)

Action:  The new Violence Against Women Act (VAWA) regulations are effective as of July 1, 2015.

Action:  By July 31, 2015, schools with Gainful Employment (GE) programs must report the applicable data for each of the award years of 2008-2009 through 2013-2014.  (In limited cases, some schools must include data for 2007-2008, as well).  See the Federal Register dated October 31, 2014, for more of the specific details of the applicable regulations and requirements.

Action:  The Direct Loan closeout deadline for the 2013-2014 Program Year is Friday, July 31, 2015.

Action:  Schools needing to complete secondary confirmation of citizenship status for a student should begin using the new Form G-845 immediately as the prior version of the G-845 form will no longer be accepted after August 14, 2015.  See the June 29, 2015, Electronic Announcement and/or the “Errata and Updates” of the 2015-2016 Federal Student Aid Handbook, Volume 1, Chapter 2.

Action:  September 30, 2015, is the last date on which a new borrower may be disbursed a first disbursement of a Federal Perkins Loan.  (If Congress changes the law before then, this date may change or become non-applicable.)

Action:  Schools must submit their annual security report (ASR) by October 1, 2015, taking into consideration the requirements of the new VAWA regulations that became effective July 1, 2015.

Action:  By October 1, 2015, schools with Gainful Employment (GE) programs must report the applicable data for the 2014-2015 award year.

Action:  The deadline for submitting the 2014-2015 Fiscal Operations Report and the 2016-2017 Application to Participate (together called the FISAP) have a deadline of October 1, 2015.

Action:  All schools with GE programs must submit to ED by no later than December 31, 2015, a Transitional Certification.  See the June 11, 2015, Electronic Announcement.

Action:  The annual FAME Management and Financial Aid Conference, April 13-15, 2016, at the Margaritaville Beach Resort, Hollywood Beach, FL.

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