Posted Date: April 1, 2019
|Author:||Federal Student Aid|
Subject: 2019-20 Final Funding Authorizations for the Campus-Based Programs
In a January 31, 2019 Electronic Announcement, we informed schools of tentative 2019–20 funding levels for the Campus-Based programs. We now announce that final 2019–20 Campus-Based programs funding worksheets and the 2019–20 Statement of Account for each of the Campus-Based programs have been posted to the Common Origination and Disbursement (COD) Web Site.
A school's 2019–20 final funding authorization for each of the Campus-Based programs is based on the applicable statutory formula and on the amount of funds appropriated by Congress for that program. A school will not receive a 2019–20 final funding authorization amount for a Campus-Based program that is in excess of its request for funds made for that program on the Fiscal Operations Report for 2017–18 and Application to Participate for 2019–20 (FISAP) that the school previously submitted to the Department of Education (the Department).
The Department of Defense and Labor, Health, and Human Services, and, Education Appropriations Act, 2019 and Continuing Appropriations Act, (Pub. L. 115-245) was enacted on September 28, 2018. It appropriated funds for the Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) programs to be allocated to schools for the 2019–20 Award Year. The total 2019–20 federal funds available for allocation to schools under the FWS and FSEOG programs are as follows:
|Program||Total Federal Funds Appropriated for Allocation to Schools|
Note: The Higher Education Act of 1965, as amended (HEA), authorizes the Secretary to award up to 10 percent of the FWS appropriation that exceeds $700 million in a manner other than the applicable statutory formula. In order to preserve this authority for the 2019-2020 Award Year, the total amount of FWS funds available for allocation to schools has been reduced by $10 million. The Department plans to use this $10 million to fulfill school requests for additional FWS funds as part of a new experiment under the Experimental Sites Initiative to be announced later this spring.
How the Campus-Based Awards for a School are Determined
A school's final funding level for each of the Campus-Based programs is determined in accordance with provisions of the HEA, and by the implementing regulations at 34 CFR Part 673. The final funding worksheets posted on the COD Web Site will show the information that was used in the calculation of each school's 2019–20 Campus-Based allocations.
Returning more than 10 percent of the 2017–18 Allocation for one of the Campus-Based Programs Affects a School's 2019–20 Allocation
As required by the HEA, unless a waiver has been granted, if a school returns more than 10 percent of its FWS or FSEOG program allocation for an award year, the school's allocation for that program in the second succeeding award year will be reduced by the amount returned. Thus, underutilization of 2017–18 funds could impact a school's allocation of 2019–20 funds.
We accepted requests for a waiver of any 2019–20 Award Year penalty for the underuse of 2017–18 Award Year funds with the initial submission of the FISAP or with any FISAP edit submissions received through the February 4, 2019 waiver request deadline. We reviewed the waiver requests received, notified the financial aid administrators at the requesting schools of our decisions, and posted the decision letters to the COD Web Site. Any school that underutilized its 2017–18 allocation by more than 10 percent and did not receive approval of a waiver request will see an adjustment in the applicable final funding worksheet on the line labeled "Allocation Reduction."
Notification of 2019–20 Campus-Based Allocations
In addition to this announcement, individual schools will be notified by email that the 2019–20 Campus-Based allocation information has been posted to the COD Web Site. Emails are sent to the school’s Financial Aid Administrator, as provided in the school’s most recently submitted FISAP or the FAA listed on the "Contact Info" page in the Campus-Based section of the COD Web Site. This email will advise the school that it can access its 2019–20 Campus-Based allocation information for each Campus-Based program in which the school participates in the school's 2019–20 Statement of Account or Final Funding Worksheets posted on the COD Web Site. To access both documents:
Attached to this announcement is an explanation of the calculation of the final funding authorization contained in the worksheet for each program.
Reallocation of Additional Campus-Based Funds for the 2019–20 Award Year
All of the Campus-Based funds available for the 2019–20 Award Year, minus the $10 million reserved for the experiment referenced above, have been allocated in this final Campus-Based allocation process. However, some schools may qualify for supplemental 2019–20 Campus-Based funds based upon a reallocation of funds not spent by institutions from 2018–19 allocations. Specific information on the reallocation process and the electronic application for requesting additional funds will be provided in subsequent communications.
For additional information about 2019–20 Campus-Based allocations, contact the COD School Relations Center at 1-800-848-0978. You may also email CODSupport@ed.gov.
Publication Date: 4/1/2019