Summary: This announces Federal Student Aid's release of the final report, "Analysis of Quality Assurance Program Sample Data: 2006-07."

Publication Date: July 23, 2008

Author: William Leith, Acting General Manager, Application, Operations and Delivery Services, Federal Student Aid

Summary: This announces Federal Student Aid's release of the final report, "Analysis of Quality Assurance Program Sample Data: 2006-07."

Posted on 07-23-2008

We are pleased to announce the availability of the report, "Analysis of Quality Assurance Program Sample Data: 2006-07." This report contains findings from 132 of the schools participating in the Quality Assurance Program during the 2006-07 award year.

Participating schools drew random samples of aid applicants and required them to complete the applicable Federal Verification Worksheet. We conducted a program-wide analysis of the resulting changes to the ISIR data of nearly 63,000 aid applicants who were selected by this exercise. Results address:

• The tendency for different types of students to experience a change to a Pell Grant or an EFC change in excess of 400 when subjected to Federal verification.

• The degree to which corrections to the two data ISIR fields involved in a potential IRS match - U.S. income taxes paid and adjusted gross income - account for all corrections detected currently by Federal verification worksheets.

• The ability of verification - both Quality Assurance School and CPS - to prevent potential improper payments in the Pell Grant program.