AwardYear: 1995-1996 ChapterNumber: 6 ChapterTitle: Required Policies and Procedures Section: Written Policies PageNumber: This chapter reviews the minimally required verification policies and procedures which must be developed and implemented by your institution. In addition to the required policies and procedures, you should institute any other means you feel necessary to ensure that verification is completed efficiently and accurately. WRITTEN POLICIES You must have developed and implemented, and have in writing, policies on the following verification issues: - DEADLINES for applicants to submit documentation and CONSEQUENCES of an applicant's failure to meet the deadlines - METHOD OF NOTIFYING applicants of award changes that result from verification - Required CORRECTION PROCEDURES for applicants - MEANS OF PUBLICIZING requirements and procedures - STANDARD PROCEDURES for referring overpayment cases to ED |