Publication Date: May 10, 2007
Author: William Leith, Acting General Manager, Application, Operations and Delivery Services, Federal Student Aid
Summary: 2006-2007 ACG CFL Reduction to NAPD Warning Message
Posted on 05-10-2007
At this time, the majority of Academic Competitiveness Grant (ACG) funds for the first and second payment periods of the 2006-2007 Award Year should have been disbursed to students. In general, schools are to submit ACG disbursements to the Department of Education (the Department) no later than 30 days after making an actual disbursement or becoming aware of the need to adjust a student's previously reported disbursement. Accordingly, the majority of disbursements for the first and second payment periods of the 2006-2007 Award Year should have already been submitted to the Common Origination and Disbursement (COD) System for processing.
2006-2007 ACG CFL Reduction to NAPD Warning Message Sent on May 9, 2007
We sent the May 9, 2007 warning message to an affected school's Student Aid Internet Gateway (SAIG) mailbox in the message class AGTX07OP. A school that receives the warning message should review its internal records and submit all outstanding ACG disbursements for the 2006-2007 Award Year to the COD System as soon as possible but before May 29, 2007.