Publication Date: April 2004
DCL ID: CB-04-06
2002-2003 Campus-Based Awards Close-out
Posted on 04-13-2004
April 2004
CB-04-06
SUBJECT: 2002-2003 Campus-Based Awards Close-Out
SUMMARY: Close-out of the 2002-2003 awards for the Federal Work-Study (FWS), Federal Perkins Loan, and/or Federal Supplemental Educational Opportunity Grant (FSEOG) Programs.
Dear Partner:
We have just completed the close-out of all the 2002-2003 campus-based awards.
Questions & Answers
Q1: How were the close-out amounts for my school determined?
A1: For FSEOG, the award decrease was equal to your current 2002-2003 FSEOG award authorization amount minus the expended 2002-2003 FSEOG authorization amount from Part IV, Line 16 of your FISAP. Your final 2002-2003 FSEOG award amount is now equal to your expended FSEOG authorization amount (Line 16).
For FWS, the award decrease was equal to your current 2002-2003 FWS award authorization amount minus the expended 2002-2003 FWS authorization amount from Part V, Line 17 of your FISAP. Your final 2002-2003 FWS award amount is now equal to your expended FWS authorization amount (Line 17).
For the Federal Perkins Loan Program, the award decrease was equal to your current 2002-2003 FCC award authorization minus the expended 2002-2003 FCC authorization amount. The expended 2002-2003 FCC authorization amount was determined by subtracting the unexpended adjusted authorized FCC amount from Part III, Section B, line 3 of the FISAP from the adjusted authorized FCC amount from Part III, Section B, Line 1 of the FISAP. Your final 2002-2003 FCC award amount is now equal to your expended FCC authorization (Line 1 minus Line 3).
If your school did not
submit a FISAP showing 2002-2003 expenditures, then your authorizations were
reduced to zero.
Q2: How will I receive my award adjustment notification?
A2: We are sending award adjustment notifications via e-mail to your school only if you had a decrease applied to any of your 2002-2003 campus-based awards through this close-out process. The award adjustment will be shown on your Electronic Statement of Account (ESOA) posted on the eCampus-Based (eCB) web site at http://cbfisap.ed.gov. By selecting the eCB "Self Service" link from the top navigation bar you will have direct access to your ESOA.
Q3: What if my FISAP expenditure report was incorrect and I need to adjust the FISAP report and have funds reinstated?
A3: You can correct the FISAP through the eCB web site mentioned above. You will also need to contact the Campus-Based Call Center at 877-801-7168 to let them know that you need your award amount(s) in GAPS adjusted based upon the FISAP expenditure change you submitted.
Q4: Who can help me if I have questions?
A4: You may call the Campus-Based Call Center at 877-801-7168 if you have any questions regarding the close-out process.
Sincerely,
Richard Coppage, Director
Campus-Based Operations Branch