Maintained for Historical Purposes

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

(CB-95-08) Close-out of 1993-94 awards for the Federal Work-Study (FWS), Federal Perkins Loan, and/or Federal Supplemental Educational Opportunity Grant (FSEOG) programs.

DCLPublicationDate: 6/1/95
DCLID: CB-95-8
AwardYear:
Summary: Close-out of 1993-94 awards for the Federal Work-Study (FWS), Federal Perkins Loan, and/or Federal Supplemental Educational Opportunity Grant (FSEOG) programs.


June 1995
CB-95-8

SUMMARY :Close-out of 1993-94 awards for the Federal
Work-Study (FWS), Federal Perkins Loan, and/or Federal Supplemental
Educational Opportunity Grant (FSEOG) programs.

Dear Financial Aid Administrator:

Enclosed are three copies of an adjusted authorization letter for
the FSEOG, FWS and/or Federal Perkins Loan programs, for the
award period July 1, 1993 through June 30, 1994. We ask that you
distribute the President and Chief Fiscal Officer copies to the
appropriate office.

The adjusted authorization is equal to the expenditure that you
entered in the 1993-94 Fiscal Operations Report portion of your
FISAP for that program. If any of your 1993-94 authorizations are
missing from the enclosed letter, they were omitted due to
discrepancies in the data base which need to be resolved before
the account(s) can be closed. The 1993-94 authorized amount and the
cash available for each program at the Department of Education
Payment Management System (ED/PMS) are being reduced by any
unexpended authorization you reported in the Fiscal Operations
Report. This action will officially close out your institution's
1993-94 authorizations for these programs under ED/PMS.

When your institution receives its next ED/PMS 272 Report later
this summer, you should verify that the 1993-94 Federal share of
net disbursements for each program that you entered in your
institution's ED/PMS 272 Report, agrees with the expenditures in
your 1993-94 Fiscal Operations Report for each program. If the
272 Report is prepared by your institution's Chief Fiscal Officer, you
must coordinate the reconciliation of these two reports with that
office.

Any discrepancies between the two reports must be resolved, and
corrections sent to the appropriate office within the Department
of Education. Corrections to the 272 Report should be made on the
next report that you submit to the address provided in that report.
FISAP corrections must be sent to:

U.S. Department of Education
Student Financial Assistance Programs
Closeout Corrections
Institutional Financial Management Division
600 Independence Ave., SW
Rm 4714 ROB-3
Washington, D.C. 20202-5458

If you have any questions regarding this close out action, please
direct them to the appropriate campus-based programs state
representative identified in the attached listing.

Sincerely,



Michele Selvage, Director
Institutional Financial Management
Division

Enclosures






Institutional Financial Management Division
Campus-Based Programs State Representatives



Ms. Vicki Roberson (202) 708-7747
LA,ME,MD,MA,MI,MN,MT
alternate - Dinah Nelson

Mrs. Jennifer Eades (202) 708-9184 NE,NV,NH,NJ,NM,NY,PR
alternate - C. Franklin Jones UT,VI

Mrs. C. Franklin-Jones (202) 708-9183 AL,AK,AZ,CO,CT,DE,GA
alternate - Jennifer Eades KY,RI,VT

Mrs. Rhonda Herbert (202) 708-9191 AR,DC,HI,TN,TX,VA,PI
alternate - Jim Porter GU

Mr. Joseph Morris (202) 708-8745 ID,IL,IN,IA,KS,MO
alternate - Alice Payne

Ms. Dinah Nelson (202) 708-8759 FL,MS,OH,PA
alternate - Vicki Roberson

Mrs. Alice Payne (202) 708-9754 CA,SC
alternate - Joseph Morris

Mr. Jim Porter (202) 708-7752 NC,ND,OK,OR,SD, WA,WV
alternate - Rhonda Herbert WI,WY

If ultimately you are unable to reach your State Representative
at the above telephone number, you may call the alternate
identified below the name of your State Representative. If still
unsuccessful, telephone Judy Norris, Acting Chief, Campus-Based
Financial Operations Branch, on (202) 708-9757.

Last Modified: 05/31/1995