Fed-Updates Financial Aid Newsletter – June 27, 2019

Newsletter topics: Federal Work Study Experiment, Holiday hours, FSA training conference, FSA system access, Tax transcripts, Transition of FSAdownload/Financial Partners Portal, COD system, NSLDS, Proposed Rulemaking on Regulations (accrediting agencies, State Authorization Requirements (distance education/correspondence courses, Robert C. Byrd Honor Scholarship Program), and various resources.

Note: Fed-Updates newsletter updates are excerpts from original announcements posted on the IFAP website. Please review the entire update by clicking the link included with each posting. We’re not able to include all Federal updates and deadlines, but you’ll find additional information on the IFAP website. Reminder: Deadlines and event dates are noted in our newsletters are subject to change as determined by the Department of Education. Holiday Hours: FA Solutions will be closed on Thursday, July 4th and Friday, July 5, 2019 for the Independence Day Holiday.


July 11, 2019 Webinar for Experimental Sites Initiative’s Federal Work Study (FWS) Experiment: The Department of Education (Department) has extended the date by which institutions may apply to participate in the Experimental Sites Initiative’s Federal Work Study (FWS) Experiment from July 8, 2019 to September 23, 2019. The Department will host a webinar on July 11, 2019, to provide an overview of the FWS experiment that was the subject of a May 23, 2019, Federal Register notice. The webinar will provide more information about the experiment, its regulatory exemptions, the application and selection process, and allow institutions to ask questions about the experiment. Please review the July 2, 2019 electronic announcement for additional information.

Independence Day Federal Holiday Processing and Customer Service Hours: Department of Education federal offices, including Federal Student Aid, Title IV processors and contact centers, will be closed on Thursday, July 4, 2019 to observe the Independence Day federal holiday. Please see the June 18, 2019 electronic announcement, which includes an attachment, for additional information.

2019 FSA Training Conference for Financial Aid Professionals: Registration and housing for this conference are open at fsaconferences.ed.gov. The conference will take place from December 3 – 6, 2019 in Reno, Nevada at the Reno-Sparks Convention Center.

Reminder – Federal Student Aid System Access Changes for Professional Users: On June 16, 2019, Federal Student Aid implemented several user access changes for the systems and websites behind Federal Student Aid’s Access and Identity Management System (AIMS). One of the changes includes removal of user access to specific systems when there is inactivity for 90 calendar days. Please review the June 17, 2019 electronic announcement for additional information.

IRS Announces End to Faxing and Third-Party Mailings of Tax Transcripts: Effective June 28, 2019, the IRS will no longer fax tax transcripts to tax filers or third-parties, but alternative methods of requesting transcripts are available. Effective July 1, 2019, the IRS will no longer mail tax transcripts to third-parties as requested on Form 4506, Form 4506-T and Form 4506T-EZ. Please review the June 12, 2019 electronic announcement for additional information.

Upcoming Transition of FSAdownload Content and Financial Partners Portal to IFAP Website (Updated June 26, 2019): This electronic announcement was updated on June 26, 2019 to reflect an updated targeted transition implementation timeframe. Implementation is now targeted for July 2019. Please review the updated announcement for additional information.

2019–20 COD System Peak Processing Reminders: In early July 2019, the peak processing period for the 2019–20 Award Year will begin. To assist schools with planning and processing, Federal Student Aid has issued some important reminders. Please review the June 27, 2019 electronic announcement for additional information.

Webinar Recording – How to Correct Historical Enrollment Reporting in NSLDS: Federal Student Aid has made available its recording of a June 2019 webinar that provides information about new functionality in NSLDS that makes it easier for institutions to update and correct misreported or missing enrollment reporting data. Please review the June 19, 2019 Dear Colleague Letter (DCL:ANN-19-03) for additional information.

Notice of Proposed Rulemaking on the Regulations Governing the Recognition of Accrediting Agencies, and Other Topics: On June 12, 2019, the U.S. Department of Education published a notice in the Federal Register proposing to amend the regulations governing the Department’s recognition of accrediting agencies. The Secretary also proposes to amend the Student Assistance General Provisions regulations to revise the State authorization requirements for institutions offering distance education or correspondence courses and remove the regulations related to the Robert C. Byrd Honors Scholarship Program. Comments on the proposed regulations are being accepted through July 12, 2019. Please review the June 12, 2019 electronic announcement for additional information.

RESOURCES:

  • 2019-06-13 2020-2021 Application Processing System Specifications for Software Developers (June 2019 Draft)
  •  2019-06-17 2019–2020 COD Technical Reference (June 2019 Update)
  •  2019-06-25 Complete 2018-2019 Federal Student Aid Handbook with Active Index

FEDERAL REGISTERS:

  • 2019-06-12 Student Assistance General Provisions, the Secretary’s Recognition of Accrediting Agencies, the Secretary’s Recognition Procedures for State Agencies

Helpful information pages: The following are a few helpful links to information pages available on the IFAP website: COD System, Gainful Employment, Cash Management, Processing Resources, FAFSA and the IRS DRT and iLibrary, which includes many resources, such as a consolidated list of Electronic AnnouncementsDear Colleague Letters, and Federal Registers. Please review the IFAP website for additional guidance, resources, deadlines, and information related to the administration and processing of Title IV federal student aid.

Thank you for taking the time to review our newsletter!
Rob Wright

Disclaimer of Liability: Every effort is made to provide accurate and complete information in FA Solutions’ newsletters. However, FA Solutions makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the contents of the newsletters and expressly disclaims liability for errors and omissions in the contents of its newsletters. Although FA Solutions may include links providing direct access to other Internet resources, including Websites, FA Solutions is not responsible for the accuracy or content of information contained in these sites.

2019-07-07T05:14:32+00:00