(CB-22-11) Final Form, Instructions, Desk Reference, and Technical Reference for 2023–24 FISAP

Posted Date
May 31, 2022
Author
Federal Student Aid
Electronic Announcement ID
CB-22-11
Subject
Final Form, Instructions, Desk Reference, and Technical Reference for 2023–24 FISAP

The Fiscal Operations Report for 2021–22 and Application to Participate for 2023-24 (FISAP) has been approved by the Office of Management and Budget (OMB). We have posted the FISAP Form, Instructions, and Desk Reference to the Knowledge Center. The online FISAP will be made available on the Common Origination and Disbursement (COD) website by Aug. 1, 2022.

We have also posted the 2023–24 FISAP Technical Reference 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 2023–24 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 II, Section E, Field 24

  • Field 24 shall be disabled for the 2023–24 Application Year and Forward.

Part III, Section A, Field 28.3

  • Field 28.3 in Section A shall be renamed from “Total of fields 28.1 and 28.2” to “Total FCC Offset (repayments of FCC + amount retained by school as reimbursement for cancellations)”.

Part III, Section B, Field 9

  • Field 9 shall be split into two lines, fields 9.1 and 9.2. Field 9.1 shall be titled “total principal repaid by borrowers from all sources during the 2021–22 award year” and Field 9.2 shall be titled “total interest repaid by borrowers from all sources during the 2021–22 award year”.

Part III, Section F, Fields 1.1 and 2.1

  • Field 1.1 has been renamed to “Total FCC offset” to align with the renaming of Section A, Field 28.3. Field 2.1 has been renamed to “Total repayments of fund capital to the school” to align with Section A, Field 30.3.

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:

Introduction to the FISAP

  • The due date for the FISAP has been updated to Friday, Sept. 30, 2022, and the correction deadline has been updated to Dec. 15, 2022.

  • The deadline for new Work Colleges applicants for the 2023–24 application year has been changed to Nov. 1, 2022, while the deadline for returning applicants remains in March, and has been updated to March 6, 2023.

  • The section, ‘How do I report transfers of FWS and FSEOG between programs and funds carried forward or carried back?’ has been updated to remove the restriction that carried forward and carried back funds must only be spent in the same program.

  • Additional instructions have been added to the section, ‘When will I hear from the Department about my school’s award amounts’ to clarify the impact of reporting year data (in Part II of the FISAP) on the calculation of awards for the application year, with a reminder about the importance of reviewing tentative awards worksheets and identifying discrepancies timely.

Part I

  • Section A: Instructions have been added stating schools that have recently applied for a conversion or change in ownership should report the school’s current, approved type.

Part II

  • Section E: Instructions have been updated for Field 24a to state that data can no longer be entered in this field.

  • Section F: Instructions have been updated to remove the definition of an Independent student and refers directly to the FAFSA for this definition.

Part IV

  • Section C: Instructions for field 13 have been updated to remove references to the waiver of the institutional-match requirement. This waiver has not been extended into the 2021–22 award year.

Part V

  • Section B: Instructions have been for updated for field 4 to state that, for the 2021–22 award year, schools were permitted to transfer up to 100% of their unexpended FWS to FSEOG.

  • Section C: Instructions for field 13 have been updated to remove references to the waiver of the institutional-match requirement. This waiver has not been extended into the 2021–22 award year.

  • Section G: Instructions have been updated to confirm that the automatic waiver of the FWS Community Service requirements due to the pandemic was extended for the 2021–22 award year. 

Part VI, Section A

  • Instructions have been added to clarify reporting expectations in Part VI, Section A.

All Sections

  • References to the IFAP website have been replaced with references to the Knowledge Center website.

Contact Information

For additional information about the 2023–24 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.