The Fiscal Operations Report for 2019–20 and Application to Participate for 2021–22 (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 online FISAP will be made available on the Common Origination and Disbursement (COD) website by August 1, 2020.
We have also posted the FISAP Technical Reference for the 2021–22 that provides the technical specifications and record layouts for schools or other organizations who wish to design custom software systems.
These documents and the reminders below will assist schools in completing the 2021–22 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 website, 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 III, Section A, Fields 28.1, 28.2, 28.3, and 33
Field 28 ‘Repayments of fund capital to federal government’ in Part I, Section A has been updated to Field 28.1. Fields 28.2 and 28.3 have been added to Part III, Section A so schools can list their ‘Service cancellation reimbursement received on or after 07/01/2019’ and ‘Total of fields 28.1 and 28.2’.
Field 33 was relabeled for clarification. ‘Reimbursements to the Fund of the amounts canceled on loans made 07/01/1972 and after’ was changed to ‘Reimbursements to the Fund through 06/30/2009 of amounts canceled on loans made 07/01/1972 and after’.
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:
- Part II, Section D
Instructions for Fields 7 & 8 have been revised to clarify information about reporting high school students enrolled in postsecondary classes.
- Part III, Section A
Instructions for Fields 1.1, 29.1, 29.2, and 30.1 have been revised to clarify information about depositing Institutional Capital Contributions (ICC) to the Fund as a short-term loan after June 30, 2018.
Instructions have been added for the new Fields 28.2, to report service cancellation reimbursement received and 28.3, which automatically totals 28.1 and 28.2.
Instructions for Fields 56 and 57 have been revised to clarify the correct use of the fields.
For additional information about the 2021–22 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.