| AwardYear: 1995-1996 ChapterNumber: 3 ChapterTitle: Completing the Verification Process Section: If The Student Fails to Provide Documentation PageNumber: A Federal Pell Grant applicant whose application is selected for verification must complete verification no later than 60 days after the last day of enrollment or August 30, whichever is earlier. Campus-based and Federal Direct Loan and Federal Stafford Loan applicants must complete verification within the deadlines established by the school. The factors that constitute completed verification vary among the federal student aid programs, as do the specific consequences of a student's failure to complete verification. Defining "Completed" Verification For the Federal Pell Grant Program, the student has completed verification when he or she has either shown, as required, that the application data are correct or has corrected the data. In addition to all verifying documentation, the school must also have on file the final and valid federal output document, showing the official EFC. For the campus-based and Federal Stafford Loan programs, the student has completed verification when he or she has submitted all requested documentation to the school. In addition to that documentation, the school must also have on file an output document that shows the student's application data were processed through the CPS at least once (it need not be final or signed by the student). The Consequences of Failing to Complete Verification Under the Federal Pell Grant Program, if an applicant does not complete verification by the established deadline, he or she forfeits the Federal Pell Grant for the award year; any funds already disbursed must be repaid to the Department either by the student or by the school. In accordance with the overpayment procedures detailed in Chapter Five, "Overpayments, Referrals, and Suspected Fraud," it is the school's responsibility to return the overpayment to the Federal Pell Grant Program if it cannot be collected from the student. Under the campus-based, Federal Direct Loan, and Federal Stafford Loan programs, if an applicant fails to provide the required documentation by the established deadline, you MUST NOT do any of the following: - DISBURSE additional FSEOG or Federal Perkins Loan funds to the applicant (funds already disbursed must be repaid in accordance with the overpayment procedures detailed in Chapter Five) - CONTINUE EMPLOYMENT of the applicant in a FWS job (funds already disbursed may need to be repaid, in accordance with the overpayment procedures detailed in Chapter Five) - CERTIFY a Federal Direct Loan application or Federal Stafford Loan application for the student - DELIVER Federal Direct Loan or Federal Stafford Loan proceeds to the applicant (you must return to the lender, within 45 days, any loan proceeds payable to the applicant) - PROCESS any subsequent applications for that award year until the applicant provides the missing documentation |