By Jill Desjean, NASFAA Policy & Federal Relations Staff
Federal Student Aid (FSA) has recently identified a FAFSA processing bug that is causing some ISIRs with student-submitted corrections to have the student’s High School Code replaced with all 0s or all 9s, which then causes the High School Flag to appear on the subsequent ISIR transaction. FSA is currently testing changes to fix this issue, and plans to implement the changes in an upcoming release scheduled for April 24, 2019.
FSA has no plans at this time to reprocess affected ISIRs. NASFAA has confirmed with FSA that, if the institution has a previous ISIR transaction with a valid High School Code and no High School Flag, the financial aid office need not perform any further follow-up to confirm that the student’s High School Code is valid.
In the event this issue were to surface as an audit issue in the future, FSA will be able to document that the issue was caused by a processing issue on their end. FSA is currently assessing the need for an Electronic Announcement to address this issue. In the interim, NASFAA recommends that institutions document the issue in affected students’ files for audit purposes.
Publication Date: 3/25/2019
Verification 2025-26: Verification: 2025-26 - January 2025
Application Processing - October 2024
Top AskRegs Questions: FAFSA Simplification
FAFSA Simplification Web Center
Prison Education Programs: Verification Reference Sheet
FAFSA Tips & Common Mistakes to Avoid
Do We Include Business Income/Loss As Income Earned From Work? (Award Year: 2024-25)
What Are the Rules For Updating Marital Status After the FAFSA Is Filed? (Award Year: 2024-25)
Will NASFAA Provide a 2024-25 Tax Transcript Decoder?
In What Instances Is the PJ Flag Required For 2024-25? (Award Year: 2024-25)
2024-25 Verification_Webinar_FAQ
Can We Require That Students To Complete a Request Form Before Awarding Federal Work-Study?
How Do We Verify a Student With Zero Income Earned From Work? (Award Year: 2024-25)
What Do the IRS Response Codes Mean? (Award Year: 2024-25)
How Do We Verify Foreign Nontax Filers Starting With the 2024-25 Award Year? (Award Year: 2024-25)
Verification: 2024-25 (Extended Edition)
How Do We Verify a Negative Adjusted Gross Income (AGI)? (Award Year: 2024-25)
How Do We Verify a Student's Spouse Who Was Claimed On Her Parents' 1040? (Award Year: 2024-25)
How Are IRA, Pension, and Annuity Rollovers Reported On the FAFSA? (Award Year: 2024-25)
How Do We Verify Rollovers of IRA, Pension, and Annuity Distributions? (Award Year: 2024-25)
You must be logged in to comment on this page.