Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

2008-2009 Federal Student Aid Handbook in PDF Format

Posted Date: February 02, 2009

Volume: 2008-2009 Federal Student Aid Handbook with Active Index

The 2008-2009 Federal Student Aid Handbook with Active Index is presented as a single PDF file. The page numbers in the index are active links that will take you directly to the cited page in the PDF file.

Note that this is a very large file--19MB--so it might take some time to download. There is no table of contents; the index appears at the beginning of the document, followed by the Application and Verification Guide and the numbered volumes of the Handbook.

Award Year: 2008-2009

Chapter: --Application and Verification Guide

Section: --Application and Verification Guide

Page Numbers: 106

Posted on 12-28-2007

The Application and Verification Guide, which is one volume of the 2008-2009 FSA Handbook, is presented as a single PDF file below, and there are also separate files for each of the chapters. Scroll down the page to see the hyperlinked titles for all the chapters (listed as attachments).

Award Year: 2008-2009

Chapter: --Volume 2 - FSA Handbook: School Eligibility and Operations

Section: --Volume 2 - School Eligibility and Operations

Page Numbers: 174

Posted on 01-08-2008

Each Chapter of Volume 2 - School Eligibility and Operations School Eligibility and Operations of the 2008-2009 FSA Handbook is presented as a separate PDF File. Look right to see all the chapters (listed as attachments) and the hyperlink text. Requires 4.0 or greater of the free Adobe Acrobat Reader software.

Award Year: 2008-2009

Chapter: --Volume 4 - FSA Handbook: Processing Aid and Managing Federal Student Aid Funds

Section: --Volume 4 - Processing Aid and Managing Federal Student Aid Funds

Page Numbers: 75

Posted on 04-11-2008

Each Chapter of Volume 4 - Processing Aid and Managing Federal Student Aid Funds 2008-2009 FSA Handbook is presented as a separate PDF File. Look right to see all the chapters (listed as attachments) and the hyperlink text. Requires 4.0 or greater of the free Adobe Acrobat Reader software.

Award Year: 2008-2009

Chapter: --Volume 5 - Overaward, Overpayments, & Withdrawal Calculations

Section: --Volume 5 - Overaward, Overpayments, & Withdrawal Calculations

Page Numbers: 179

Posted on 02-22-2008

Each Chapter of Volume 5 - Overawards, Overpayments, & Withdrawal Calculations of 2008-2009 FSA Handbook is presented as a separate PDF File. Look right to see all the chapters (listed as attachments) and the hyperlink text. Requires 4.0 or greater of the free Adobe Acrobat Reader software.

Award Year: 2008-2009

Chapter: --Volume 6 - FSA Handbook: Campus-Based Program

Section: --Volume 6 - Campus-Based Program

Page Numbers: 141

Posted on 03-06-2008

Each Chapter of Volume 6 - Campus-Based Program of the 2008-2009 FSA Handbook is presented as a separate PDF File. Look right to see all the chapters (listed as attachments) and the hyperlink text. Requires 4.0 or greater of the free Adobe Acrobat Reader software.

Award Year: 2008-2009

Chapter: --2008-2009 Federal Student Aid Handbook Errata and Updates

Section: --2008-2009 Federal Student Aid Handbook Errata and Updates

Page Numbers:

Posted on 09-30-2008

handbook cover
2008-2009 Federal Student Aid Handbook Errata and Updates

Unless otherwise indicated, the errata and updates below are items that were amended after the initial PDF files were posted to the Web and before the Handbook went to print.

For questions about the Handbook contents, you can contact the Schools Publications staff at: fsaschoolspubs@ed.gov

Application and Verification Guide

Description

Location

The word "family" was removed from the sentence on family-owned small businesses.

P. 19

The margin note on the HEROES Act was edited slightly to clarify the Secretary's continuing authority to issue waivers and modifications.

P. 79

Volume 1: Student Eligibility

Description

Location

The "PX" loan status code was added.

P. 50

The link to the list of SMART grant-eligible majors at the top of the page was corrected.

P. 67

The following correction is not reflected in the print version of Volume 1.

At the end of the third paragraph, page 70 should be 72.

P. 5

Volume 2: School Eligibility and Operations

Description

Location

In the FERPA sidebar, the link to the Family Policy Compliance Office is incorrect. The link should read: https://www.ed.gov/policy/gen/guid/fpco/index.html.

P. 112

The following correction is not reflected in the print version of Volume 2.

The years referenced in the fourth paragraph should be updated for 2008-09 so that it reads: "Schools must make available to prospective students no later than July 1, 2008, the rates for the cohort for which the 150% of the normal time for completion elapsed between September 1, 2006, and August 31, 2007."

P. 72

Under "Changes requiring prior written approval from ED," item #7 should be corrected to read " 7. changes to the FSA programs for which the school is approved (Approvals from your accrediting agency and state authorizing agency are not required for this change.) (#37)"

P. 2-61

Volume 3: Calculating Awards & Packaging

Description

Location

The 08-09 FSA Handbook (Chapter 6, Awarding Campus Based Aid), the amounts under the heading "Awarding Perkins Loans" changed in the middle of the award year. The revised amounts are as follows:

The maximum amount an undergraduate student may borrow is $5,500 per award year, the max for a graduate or professional student is $8,000 per award year. The aggregate loan limits directly below this should read: $11,000 for any student who has not completed two academic years of undergraduate work, $27,000 for an undergraduate who has completed two academic years and is pursuing a bachelor's degree, and $60,000 for a graduate or professional student , including loans borrowed as an undergraduate student.

P. 3-116

Volume 5: Overawards, Overpayments, and Withdrawal Calculations

The following corrections are not reflected in the PDF files for Volume 5.

Rows four and five in the table on p. 117 have been revised to read as follows (text in blue shows the emphasized changes):

School

Written notification providing the student (or parent) the opportunity to accept all or part of a post-withdrawal disbursement of Title IV loan funds, (Perkins, FFEL, Direct Loan, or PLUS) to the student's account

Within 30 days of disbursement of loan funds, in accordance with requirements for notifications and authorizations 34 CFR 668.22(a)(4)(i)(B)

School

Written notification of student's eligibility for a direct post-withdrawal disbursement of Title IV loan funds in excess of outstanding current (educationally related) charges

Within 30 days of date school determined student withdrew

Row three in the table on p. 118 has been revised to read as follows (text in blue shows the emphasized changes):

School

Written notification of student's eligibility for a direct post-withdrawal disbursement of Title IV loan funds in excess of outstanding current (educationally related) charges

  • Identify type and amount of the Title IV loan funds that will make up the post-withdrawal disbursement not credited to student's account

  • Explain that student or parent may accept all or part of the disbursement

  • Advise student or parent that no post-withdrawal disbursement of Title IV loan funds will be made unless school receives response within the timeframe established by the school

Volume 6: Managing Campus-Based Programs

Description

Location

The following correction is not reflected in the PDF files for Volume 6.

Disregard the last two sentences of the "Medical Technician" definition. These are the sentences that begin "You can find a list..." and end with "...all allied health professions." The list that the URL takes you to has been expanded--it now includes health professions that do not qualify as "allied health"--therefore one can no longer use that list for purposes of medical technician cancellations.

P. 108