(CB-22-08) 2022–23 Final Funding Authorizations for the Campus-Based Programs

Author
Federal Student Aid
Electronic Announcement ID
CB-22-08
Subject
2022–23 Final Funding Authorizations for the Campus-Based Programs

In a Jan. 25, 2022 Electronic Announcement, we informed schools of tentative 2022–23 funding levels for the Campus-Based programs. We now announce that final 2022–23 Campus-Based programs funding worksheets and the 2022–23 Statement of Account for each of the Campus-Based programs have been posted to the Common Origination and Disbursement (COD) website.

A school's 202223 final funding authorization for each of the Campus-Based programs is based on the applicable statutory formula and on the amount of funds appropriated by Congress for that program. A school will not receive a 2022–23 final funding authorization amount for a Campus-Based program that is in excess of its request for funds made for that program on the Fiscal Operations Report for 2020–21 and Application to Participate for 2022–23 (FISAP) that the school previously submitted to the U.S. Department of Education (the Department).

On March 15, 2022, the President signed H.R. 2471, the "Consolidated Appropriations Act, 2022" (P.L. 117-103), which appropriated $1,210,000,000 for the Federal Work-Study (FWS) Program and $895,000,000 for the Federal Supplemental Educational Opportunity Grant (FSEOG) Program for the 2022–23 award year.

The total 2022–23 federal funds available for allocation to schools under the FWS and FSEOG programs are as follows:

Program

Total Federal Funds Appropriated for Allocation to Schools

FWS

$1,210,000,000

FSEOG

$895,000,000

Note: The Higher Education Act of 1965, as amended (HEA), authorizes the Secretary to award up to 10% of the FWS appropriation that exceeds $700 million in a manner other than the applicable statutory formula. To preserve this authority for the 2022–23 Award Year, the total amount of FWS funds available for allocation to schools has been reduced by $35,989,800. The Department will award this additional FWS funding to schools that are participating in the FWS experiment under the Experimental Sites Initiative that was announced in the Federal Register notice published on May 23, 2019.

How the Campus-Based Awards for a School are Determined

A school's final funding level for each of the Campus-Based programs is determined in accordance with provisions of the HEA, and by the implementing regulations at 34 CFR Part 673. The final funding worksheets posted on the COD website will show the information that was used in the calculation of each school's 2022–23 Campus-Based allocations.

Returning more than 10% of the 2020-21 Allocation for one of the Campus-Based Programs Affects a School's 2022–23 Allocation

As required by the HEA, unless a waiver has been granted, if a school returns more than 10% of its FWS or FSEOG program allocation for an award year, the school's allocation for that program in the second succeeding award year will be reduced by the amount returned. Thus, underutilization of 2020–21 funds could impact a school's allocation of 2022–23 funds.

We accepted requests for a waiver of any 2022–23 award year penalty for the underuse of 2020–21 award year funds with the initial submission of the FISAP or with any FISAP edit submissions received through the Feb. 7, 2022, waiver request deadline. We reviewed the waiver requests received, notified the financial aid administrators at the requesting schools of our decisions, and posted the decision letters to the COD website. Any school that underutilized its 2020–21 allocation by more than 10% and did not receive approval of a waiver request will see an adjustment in the applicable final funding worksheet on the line labeled "Allocation Reduction”.

Notification of 2022-23 Campus-Based Allocations

In addition to this announcement, individual schools will be notified by email that the 2022–23 Campus-Based allocation information has been posted to the COD website. Emails are sent to the school’s Financial Aid Administrator, as provided in the school’s most recently submitted FISAP or the FAA listed on the "Contact Info" page in the Campus-Based section of the COD website. This email will advise the school that it can access its 2022–23 Campus-Based allocation information for each Campus-Based program in which the school participates in the school's 2022–23 Statement of Account or Final Funding Worksheets posted on the COD website. To access both documents:

  • Log in to the COD website

  • From the School tab, select “Campus-Based” from the left navigation menu

  • Select the "Self-Service" link from the left navigation menu, then “Notifications”

  • Select the 2022–23 Application Year from the drop-down menu to view the Statement of Account and Final Award Worksheet

An explanation of the funding worksheet for each program and information about Standard Expected Family Contribution procedures can be found in the attachments to the Jan. 25, 2022 Electronic Announcement. The final funding explanation is the same as the tentative funding explanation.

Reallocation of Additional Campus-Based Funds for the 2022–23 Award Year

All Campus-Based funds available for the 2022–23 award year, minus the funds reserved for the experiment referenced above, have been allocated in this final Campus-Based allocation process. However, some schools may qualify for supplemental 2022–23 Campus-Based funds based upon a reallocation of funds not spent by institutions from 2021–22 allocations. Specific information on the reallocation process and the electronic application for requesting additional funds will be provided in subsequent communications.

Contact Information

For additional information about 2022–23 Campus-Based allocations, contact the COD School Relations Center at 1-800-848-0978. You may also email CODSupport@ed.gov.