OTC AskRegs Experts: Summer Aid Processing
This week on "Off the Cuff," David and Hugh discuss summer aid processing, focusing on rules for crossover payment periods and school flexibilities. The conversation specifically walks through the flexibilities offered to schools when assigning a header or a trailer to the award year and provides examples of summer and crossover periods. David then explains some issues a school must be aware of for crossover payment periods and more.
Speakers
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| Hugh Ferguson Managing Editor |
David Tolman Instructional Design & Content Specialist |
This episode of Off The Cuff is brought to you by the NASFAA 2025 Virtual Conference.
The NASFAA 2025 Virtual Conference will take place July 7-11 and feature regulatory sessions lead by NASFAA training staff, Consumer Information Credential Training, and regional networking opportunities. Also, you'll hear directly from our new NASFAA president & CEO, Melanie Storey. For a one time registration fee of only $350, everyone on your NASFAA roster can participate in this cost-effective, online learning opportunity - either live or on-demand. NASFAA Members: learn more and register today at nasfaa.org/virtual.
Resources
- Listen on Apple Podcasts or Spotify
- Episode Transcript (PDF)
- AskRegs
- To Which Award Year Do We Assign the Summer Crossover Payment Period When Awarding Federal Pell Grants?
- Must a School Wait Until July 1 To Disburse Campus-Based Funds For Summer Crossover Periods Which Are the First Term In the Upcoming Award Year?
- Can You Clarify How We Pay an FWS Student Who Earns Funds During a Crossover Payment Period?
- When Awarding FSEOG For a Crossover Payment Period, Does a Student Need To Be Pell-Eligible For Both Award Years?
- Can We Use the Previous Award Year SAI If a Student Enrolls In a Summer Module That Starts After July 1? (Award Year: 2024-25)
Send your thoughts, questions, and comments. We'd love to hear what you think.
Publication Date: 5/30/2025