Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

If Completed Verification Reveals No Errors

AwardYear: 1997-1998
ChapterNumber: 3
ChapterTitle: Completing the Verification Process
Section: If Completed Verification Reveals No Errors
PageNumber:


When you have obtained all necessary verification documents from
the applicant, you should compare that documentation to the
information originally reported on the application. If the verification
process shows that all the student's information is correct, and there
are no outstanding issues or conflicting information, you may award
aid in the following ways according to the student's eligibility:

- DISBURSE Federal Pell, FSEOG, and Federal Perkins Loan funds

- EMPLOY students under the FWS Program

- ORIGINATE Direct Subsidized Loans and CERTIFY Federal
Stafford Loan applications or disburse/deliver loan proceeds


Receipt of the Federal Output Document

[[Output document deadline]]
To pay Federal Pell Grant funds to a student not being verified, the
school must receive a final and valid SAR (or ISIR) BY THE
STUDENT'S LAST DAY OF ENROLLMENT OR BY AUGUST
31, 1998, whichever is earlier.

Deadline
Normally, to pay a Pell Grant, the school must receive the
student's final, valid federal output document by the last day of the
student's enrollment, or by August 31, 1998, whichever is earlier.
This deadline is extended for students being verified; the valid
output document must be received at the school within 60 days
after the last day of the student's enrollment, or by August 31,
1998, whichever is earlier.

Any federal output document you receive after that time is NOT
eligible for payment.

If a student's application is being verified, you may pay on any final
and valid federal output document received within 60 DAYS AFTER
THE STUDENT'S LAST DAY OF ENROLLMENT, OR BY
AUGUST 31, 1998, whichever is earlier.

[[Verification cannot result in lower EFC]]
For a student whose application is being verified, if you receive a
final and valid federal output document after the Pell deadline but
within the verification extension deadline, you must pay based on the
HIGHER EFC calculated for that student. For example, assume a
student's application was selected for verification and her original
EFC was 850, but after verification and correction of the application,
her reprocessed EFC is 20. If the reprocessed EFC was received
within the Pell deadline, you may use it for payment and it will result
in a higher Federal Pell Grant award. However, if the reprocessed
EFC is received after the Pell deadline, you MUST pay based on the
original, higher EFC. (This rule's intent is to ensure that students
who take advantage of the verification extension deadline do not get
more aid by doing so; therefore, it is in the student's best interest to
complete verification as soon as possible.)

Last Modified: 07/29/1998