Tentative funding levels and corresponding worksheets for the Federal Work-Study (FWS) Program and the Federal Supplemental Educational Opportunity Grant (FSEOG) Program for the 2023–24 award year (July 1, 2023, through June 30, 2024) will be posted to the Common Origination and Disbursement (COD) website by Feb. 1, 2023.
On Dec. 29, 2022, the President signed into law the Consolidated Appropriations Act, 2023 (P.L. 117-328), which appropriated $1,230,000,000 for the FWS Program and $910,000,000 for the Federal Supplemental Educational Opportunity Grant (FSEOG) Program for the 2023–24 award year.
Attached to this announcement is an explanation of the calculation of the tentative funding level in the worksheet for each of the FWS and FSEOG programs.
Schools will be notified by email that their tentative funding levels and worksheets are available on the COD website. Emails are sent to the school’s Financial Aid Administrator, as provided in the school’s most recently submitted Fiscal Operations Report and Application to Participate (FISAP) or the FAA listed on the "School Information" page in the Campus-Based section of the COD website. To access the worksheets:
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Log in to the COD website and from the School tab, select “Campus-Based” from the left menu
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Select the "Self Service" option from the left menu, then “Notifications”
Review the school's worksheets carefully (especially if your school recently completed a change of affiliation/merger). If the data in the worksheets is not correct and/or the tentative funding levels are inconsistent with prior year funding levels, notify the FSA Partner and School Relations Center at the number below as soon as possible, and no later than Feb. 21, 2023.
Reductions in Allocation Funding Levels due to Prior Year Underuse
In accordance with sections 413D(d)(2) and 442(d)(2) of the Higher Education Act of 1965, as amended (HEA), if a school returns more than 10% of its FWS or FSEOG allocation, for an award year, the allocation for the second succeeding award year for that program is reduced by the dollar amount returned from the earlier year. A school can determine if its 2023–24 funding level was reduced because of the underuse of 2021–22 funding by reviewing the worksheet lines labeled "Under Used Percentage" and "Allocation Reduction".
The HEA also provides that the Secretary can waive the underuse penalty for a school if its enforcement would be contrary to the interests of the affected Campus-Based program. A request for a waiver of any 2023–24 award year penalty for the underuse of 2021–22 award year funds should be submitted to the U.S. Department of Education (the Department) using the “Forms and Waivers” page on the COD website. Requests must be submitted no later than 11:59 p.m. Eastern time (ET) on Feb. 6, 2023. For more information about the underuse waiver process, see the Jan. 9, 2023 Electronic Announcement published on the Knowledge Center.
FISAP Edits Required for Additional Locations Not Eligible by March 1, 2023
Schools were permitted to include data in the application portion of the FISAP for students enrolled in additional locations that had not yet received eligibility determinations by the Sept. 30, 2022, FISAP submission date. If a school does not receive an eligibility letter and Eligibility and Certification Approval Report (ECAR) from the Department by March 1, 2023, for the newly listed locations, it must submit revised FISAP data using the COD website no later than March 7, 2023. The school's revision must remove all data pertaining to students enrolled at the ineligible locations.
Contact Information
For additional information about tentative funding levels, contact the FSA Partner and School Relations Center at 1-800-848-0978. You may also email CODSupport@ed.gov.
Attachments
The Department of Education strives to make all content accessible to everyone. While these documents do not currently meet the standards of Section 508 of the Rehabilitation Act of 1973, as amended, Federal Student Aid is working to create accessible versions. If you need access to these documents before the accessible versions are available, please contact the Information Technology Accessibility Program Help Desk at ITAPSupport@ed.gov to help facilitate.
2023–24 Explanation of Worksheets in PDF Format, 173KB, 9 Pages
2023–24 Expected Family Contribution (EFC) Procedures and Standard EFCs in PDF Format, 85KB, 3 Pages