Publication Date:
September 3, 2008
Summary: ACG, National SMART Grant, and Pell Grant 2007-2008 Award Year Processing Deadline
The Academic Competitiveness
Grant (ACG) Program and National Science and Mathematics Access to Retain
Talent Grant (National SMART Grant) Program regulations at 34 CFR 691.83(a)
and the Federal Pell Grant (Pell Grant) Program regulations at 34 CFR
690.83(a) establish the deadline by which a school must submit student
payment data each award year. The data must be submitted to the Department
of Education (the Department) by September 30th following the end of the
award year in which the ACG, National SMART Grant, or Pell Grant is made.
As required by regulations,
and consistent with the
"Notice of Deadline Dates for Receipt of Applications, Reports, and
Other Records for the 2007-2008 Award Year" published on June 9,
2008 (73 FR 32562) in the Federal Register, the deadline for
electronically transmitting ACG, National SMART Grant, and Pell Grant
records for the 2007-2008 Award Year to the Common Origination and Disbursement
(COD) System is Tuesday, September 30, 2008.
In two other Electronic
Announcements posted on September 3, 2008, we provide comprehensive information
related to activities and deadlines that coincide with the September 30,
2008 deadline for 2007-2008 ACG, National SMART Grant, and Pell Grant
awards. These announcements are about the
September 25-28, 2008 COD System implementation and reporting hardware
upgrade and the
September 30, 2008 end of the Federal fiscal year. Schools should
refer to both Electronic Announcements to ensure that 1) all necessary
reports are obtained and 2) all applicable 2007-2008 ACG, National SMART
Grant, and Pell Grant origination, disbursement, and change records are
submitted and accepted prior to the outages.
Note:
As you will read in the other announcements, all actual disbursements
with a disbursement date from September 26, 2008 through October 2, 2008
must be received by the COD System no later than 10:00 A.M. (ET)
on Friday, September 26, 2008, and subsequently accepted by the
COD System, in order for them to be included in the funds available for
drawdown prior to the shutdown. This means that all new 2007-2008 ACG,
National SMART Grant, and Pell Grant awards and increases to 2007-2008
ACG, National SMART Grant, and Pell Grant awards must be submitted by
the 10:00 A.M. (ET) deadline on Friday, September 26, 2008.
In an attachment
to this announcement titled "ACG, National SMART Grant, and Pell
Grant 2007-2008 Award Year Processing Deadline," we provide comprehensive
information related to the ACG, National SMART Grant, and Pell Grant 2007-2008
Award Year processing deadline. The information is presented in the following
order:
- Tools to Assist
Schools with Reconciliation Prior to September 30, 2008 (three subsections)
- Acceptance and
Rejection of 2007-2008 Award Year Data After September 30, 2008
- Requesting Administrative
Relief or Extended Processing for 2007-2008 Award Year
Contact Information
If you have questions
about this announcement, contact the COD School Relations Center at 800/474-7268.
You may also e-mail CODSupport@acs-inc.com.
If you have questions
about using EDExpress to run a comparison between a YTD Record and your
school's database, contact CPS/SAIG Technical Support at 800/330-5947
(TDD/TTY 800/511-5806) or by e-mail at CPSSAIG@ed.gov.
Attachments/Enclosures:
ACG,
National SMART Grant, and Pell Grant 2007-2008 Award Year Processing Deadline
in PDF Format, 60KB, 7 pages
Posted 09/04/08 to www.NASFAA.org. Please submit Web Site questions or comments to Web@NASFAA.org
