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Description: Tags: 0102Vol1Intro

This document discusses eligibility requirements for students and parents receiving financial aid. It outlines several factors that must be considered when reviewing a student's application, such as citizenship status, satisfactory academic progress, and defaulted loans. Information comes from various sources like the Central Processing System and National Student Loan Data System. Schools receive updates from the Department of Education through Dear Colleague Letters, notices, and the IFAP website. The primary changes for 2001-2002 are eliminating paper financial aid transcripts and replacing them with a transfer monitoring process, and new regulations for loan cancellation due to total permanent disability.

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42 views2 pages

Description: Tags: 0102Vol1Intro

This document discusses eligibility requirements for students and parents receiving financial aid. It outlines several factors that must be considered when reviewing a student's application, such as citizenship status, satisfactory academic progress, and defaulted loans. Information comes from various sources like the Central Processing System and National Student Loan Data System. Schools receive updates from the Department of Education through Dear Colleague Letters, notices, and the IFAP website. The primary changes for 2001-2002 are eliminating paper financial aid transcripts and replacing them with a transfer monitoring process, and new regulations for loan cancellation due to total permanent disability.

Uploaded by

anon-326272
Copyright
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We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 2

Introduction i

This volume of the SFA Handbook discusses the eligibility requirements for
students and parent borrowers and your responsibilities in checking to make
sure that recipients qualify for their aid awards.

SOURCES OF INFORMATION Program and systems


information on-line
T here are many factors that you must consider when reviewing a
student’s application for aid from the SFA programs, such as
whether the student is a U.S. citizen or permanent resident, whether Student Aid Internet Gateway
(SAIG)
the student is making satisfactory academic progress, and whether the
www.sfadownload.ed.gov
student has a defaulted SFA loan. To answer these questions, you Technical References and Users Guides
receive information about the student from several different sources, for—
including the Department of Education’s Central Processing System • CPS
(CPS) for financial aid applications and the National Student Loan • Electronic Data Exchange
Data System. • RFMS EDE Pell
• Direct Loans
Throughout the year, the Department provides updates to schools • SSCR
in the form of Dear Colleague Letters and Action Letters. These • FISAP
letters, and other information (such as Federal Register notices), are • Packaging
available on the Information for Financial Aid Professionals (IFAP) web site
(http://ifap.ed.gov). The Department also posts system updates and IFAP at ifap.ed.gov
• Federal Registers
technical guidance announcements on the IFAP site.
• Action Letters
• Dear Partner Letters
Schools using software from the Department also receive desk
references and other materials that explain how the software operates.
This publication doesn’t cover the operation of specific pieces of
software. Schools using third party software should consult the
reference materials they receive from the software vendor.

RECENT CHANGES
The primary changes to the 2001-2002 Student Eligibility volume
are the elimination of the paper financial aid transcript (FAT), its
replacement with the transfer monitoring process, and the new
regulations establishing a three-year conditional period for
cancellation of SFA loans due to total and permanent disability (see
Chapter 3 for discussion of these issues). Of course, many minor
edits were made to clarify issues and keep dates current. In
particular, you may want to review the new images that we’ve
included for immigration documents (chapter 2).

1–i
Student Eligibility, 2001–2002

The other changes to this volume are organizational: some


of the chapters in last year's Student Eligibility volume were
removed to form the new Application and Verification Guide. As that
title suggests, it comprises the subjects relating to applying for
federal aid and verifying applicants. The rest of the student
eligibility material remained in this volume.

If you have comments regarding the SFA Handbook, please


contact Research and Publications via e-mail at
[email protected].

1–ii

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