October 2020 Top 10 AskRegs Knowledgebase Q&As

Click on any of the questions below to see the corresponding answer. If you have a question that's not on the list, you can find a credible and reliable answer in NASFAA's AskRegs Knowledgebase by browsing or searching the answers provided by our Training and Regulatory Assistance staff. If you can't find the answer, you may submit your question by clicking the "Ask a New Question" button.

  1. What Are the R2T4 Reporting Requirements Under the CARES Act?
  2. Can We Make Emergency FSEOG Awards for the 2020-21 Award Year?
  3. Are There Exceptions or Alternatives to Collecting a Verification of Nonfiling Letter?
  4. What Is the Deadline for Setting the Coronavirus Indicator?
  5. Are There Exceptions to the Signature Requirement for Identity/Statement of Educational Purpose Due to Coronavirus?
  6. Can We Continue to Pay FWS Students Who Are Unable to Work FWS Jobs Due to COVID-19?
  7. Do We Have to Report Students Who Withdrew After the 60% Point as COVID-Related Withdrawals?
  8. Can We Use Our Student and/or Institutional Share of HEERF Funds to Make Scholarships to Students?
  9. Can a School Choose Not to Apply the R2T4 Waiver Under the CARES Act and Return Unearned Title IV Funds Anyway?
  10. Are We Required to Adjust Direct Loan Period End Dates if We Extend or Shorten Our Terms Due to Coronavirus?

If you have a question that's not on the list, you can find a credible and reliable answer on the AskRegs Knowledgebase site by browsing or searching the answers provided by our Training and Regulatory Assistance staff. You may also submit your own question using the Request Support feature.

For more information and resources on how the spread of the novel coronavirus is impacting student financial aid, please refer to NASFAA's COVID-19 Web Center.

 

Publication Date: 11/12/2020


Related Content

NASFAA Webinar: Verification - Challenging Questions and Scenarios - Extended Edition: Verification - Challenging Questions and Scenarios - Extended Edition

MORE | ADD TO FAVORITES

Verification: 2021-2022: Verification: 2021-22

MORE | ADD TO FAVORITES

VIEW ALL
View Desktop Version