Publication Date: October 6, 2006
Author: G. Kay Jacks, General Manager, Application, Operations and Delivery Services, Federal Student Aid
Summary: HERA Operational Implementation Guidance (CPS, COD System, and EDExpress Suite) -- Internal Fiscal Year Accounting Activity Performed for ACG and National SMART Grant Funding
Posted on 10-06-2006
As part of the Department of Education's internal activities to close out Fiscal Year (FY) 2006 and begin FY 2007, on October 5, 2006, we adjusted the funding source for Academic Competitiveness Grant (ACG) Program and National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) Program funds. This internal accounting activity simply changed the FY designation for the funds and did not impact the amount of ACG and/or National SMART Grant funds available to a school--that is, it did not change the school's Current Funding Level (CFL) for each program.
Each school that participates in the ACG Program and/or the National SMART Grant Program will receive/see the following evidence of the internal accounting activity that we performed on October 5, 2006:
We appreciate schools' understanding of the internal accounting activity that we performed. Again, this internal accounting activity simply changed the FY designation for the funds and did not impact the amount of a school's CFL for the ACG Program and/or the National SMART Grant Program.
If you have any questions about this announcement, contact the COD School Relations Center at 800/4PGRANT (800/474-7268). You may also e-mail CODSupport@acs-inc.com.