NOTE: On August 7, 2019, we replaced the 2020–21 FISAP Form document to correct reporting year references in Part V at the top of page 10. The updated FISAP form file is located at the following URL: https://ifap.ed.gov/fisapformandinst/2021FISAPFormandInst.html.
The Fiscal Operations Report for 2018–19 and Application to Participate for 2020–21 (FISAP) has been approved by the Office of Management and Budget (OMB). We have posted the FISAP Form, Instructions, and Desk Reference to the Information for Financial Aid Professionals (IFAP) website. The FISAP will be made available on the Common Origination and Disbursement (COD) Web Site by August 1, 2019.
We have also posted the Technical Reference for the 2020–21 FISAP that provides the technical specifications and record layouts for schools or other organizations who wish to design custom software systems.
As announced in the Federal Register Notice “2019-2020 Award Year Deadline Dates for Campus-Based Programs,” the date by which a school must submit its 2020–21 FISAP electronically and mail in the required signature page is Tuesday, October 1, 2019.
These documents and the reminders below will assist schools in completing the 2020–21 FISAP.
Check Access to FISAP on the Web
If it has been more than 90 days since a user has logged on to the COD Web Site, the user’s password will need to be reset. Information on how to reset a password, register a Destination Point Administrator, and contact information for assistance is provided in the Desk Reference. All users should ensure their access to this website application is functional before needing to enter data to file the FISAP.
Changes to the FISAP
In addition to award year and date references, the following FISAP fields have been updated and/or added:
Part I, Section A, Field 5
Two new data fields have been added to Field 5 to include the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) amounts allocated to each additional eligible institution for the 2018–19 reporting year.
Part III, Section B, Fields 1–8
Fields 1–8 have been updated to no longer allow for data entry on new loans due to the expiration of the authority to award new or disburse Federal Perkins Loans (Perkins Loans).
Part III, Section B, Fields 12 & 13
Fields 12 and 13 have been added to collect data on permissible servicing costs and cancellation reimbursement, if applicable, respectively.
Part VI, Section A, Fields 1a–26a & 1b–26b
Federal Perkins Loan Recipients (column a) and amount of funds (column b) fields have been updated to no longer allow for data entry due to the expiration of the authority to award new or disburse Perkins Loans.
Changes to FISAP Instructions
In addition to updates to the annual award year, date references, acronyms, and hyperlinks, the following changes have been made to the FISAP Instructions:
Updates have been made throughout the instructions to address the expiration of the authority to award new or disburse Perkins Loans and all impacted fields that will no longer allow for data entry as a result.
Introduction to the FISAP
The due date for the FISAP has been updated to Tuesday, October 1, 2019, and the correction deadline has been updated to December 13, 2019. Clarification has been added on the requirements around reporting for additional eligible institutions on a single FISAP (Part I, field 5).
Part I, Identifying Information, Certification and Warning
Clarification has been added about FISAP signature submission requirements. Instructions have been added for new data fields required in Part I, Section A, field 5 when reporting for additional eligible institutions.
Part III, Section B
Clarification has been added on the loan assignment process for cases of total and permanent disability. Instructions have been added for the new Fields 12 and 13, to report servicing costs and loan cancellation reimbursements received.
Parts IV & V
Removed paragraphs about reporting prior year recoveries on the FISAP, so as not to repeat or conflict with previous guidance
Parts VI, Section B
Clarification has been added around claiming and reporting administrative cost allowance (ACA).
For additional information about the 2020–21 FISAP, instructions, desk reference, and technical reference, contact the COD School Relations Center at 1-800-848-0978. You may also email CODSupport@ed.gov.