AwardYear: 1995-1996 ChapterNumber: 3 ChapterTitle: Completing the Verification Process Section: Making Corrections PageNumber: Correcting for the Federal Pell Grant Program If a Federal Pell Grant application contains errors that do not fall within the established tolerances, you may choose to recalculate the student's EFC by hand, using the corrected data items. (However, you do not have to recalculate; you may require the student to correct the data and resubmit it for processing.) **[The "Pell Corrections" chart on page 45 is currently unavailable for viewing. Please reference your paper document for additional information.]** If you recalculate and the student's scheduled award remains unchanged, you may pay the student based on the original EFC. Also, if recalculation shows that the student's scheduled award will increase, you may still elect to pay the student based on the original EFC, without reprocessing. However, if you wish to pay the student under the increased award, the data must be corrected and reprocessed. You may either withhold payment until the reprocessed EFC is received, or make a first payment based on the original EFC, adjusting the second payment upon receipt of the reprocessed EFC. (Make corrections on Part 2 of the SAR or through the electronic corrections process, indicating whether you recalculated. You may be liable for any overaward resulting from an incorrect hand calculation.) If the student's scheduled award will decrease, the data must be corrected and reprocessed; you must withhold payment until you receive the reprocessed EFC. (For details on recalculations and first payments, see the Counselor's Handbook.) PROBLEMS OR QUESTIONS ABOUT CORRECTIONS SHOULD NOT BE ADDRESSED TO THE STUDENT ELIGIBILITY AND VERIFICATION SECTION--INSTEAD, CALL THE TOLL-FREE STUDENT AID INFORMATION LINE. THE NUMBER IS 1-800-4 FED AID. SUBMITTING A CORRECTION. To receive a Federal Pell Grant, students must correct their application data through the CPS (i.e., through the EDE system or with a SAR through the original processor). All corrections must reach the processor by JULY 31 of the award year; no corrections will be accepted after this date. (The EDE system deadline is the same; electronic corrections must be transmitted by the school by July 31 of the award year.) **[The "Deadline" chart on page 46 is currectly unavailable for viewing. Please reference your paper document for additional information."] Correcting for Campus-based, Direct Loan, and Federal Stafford Programs If a campus-based, Direct Loan, or Federal Stafford Loan applicant's data are incorrect and none of the tolerance options apply, you may choose to recalculate the student's EFC by hand or with ENAS software, using the corrected data items, or to have it recalculated by a need analysis servicer.*11* (However, you may require the student to correct the application and submit it for reprocessing.) **[The "CB/Stafford Corrections" chart on page 47 is currently unavailable for viewing. Please reference your paper document for additional information.]** If recalculation shows that the EFC is unchanged, you may award campus-based or Stafford aid to the student based on his or her current eligibility. If recalculation changes the EFC, you may award campus-based or Federal Stafford aid based upon your recalculation, but you may be liable for any overpayment that occurs as a result of your having incorrectly recalculated the applicant's EFC. If you choose not to recalculate the student's EFC, you may have the student correct the data and submit it for reprocessing. *9* If an applicants marital status changes as a result of death, divorce, or separation, you may be able to override the students reported dependency status, using professional judgment, AFTER you have resolved any conflicting information and any required verification is complete.) For more on professional judgment, see the Counselors Handbook. *10* If an applicants marital status changes as a result of death, divorce, or separation, you may be able to override the students reported dependency status, using professional judgment. (You may not override a students dependency status until AFTER you have resolved any conflicting information and, if the students application was selected for verification, until verification is completed.) For more on professional judgment, see the Counselors Handbook. *11* In the past, ED has annually certified a number of need analysis servicers, ensuring that the calculation services they performed were in compliance with EDs specifications. However, the Department no longer certifies need analysis servicers. Schools who choose to use calculations provided by such servicers do so at their own risk. |