Financial Aid Compliance Calendar
Washington and Lee University Annual Calendar of Significant Reporting Compliance Activities
Financial Aid
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1 HEOA: Code of Conduct and Other Notices 2 FISAP: Fiscal Operations Report and Application to Participate 3 NCAA Financial Aid Report
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November
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December
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January
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4 Yellow Ribbon Participation Renewal
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Descriptions
1 Higher Education Opportunity Act of 2008 The institution must annually inform all of its employees who have responsibilities with respect to Federal education loans of the provisions of the institution’s Financial Aid Code of Conduct. This annual distribution should include a reminder that funds received from the Federal government under Title IV of the Higher Education Act, as amended, are not to be used to influence any branch of government.
Top2 FISAP: Financial Operations Report and Application to Participate The institution must report to the Department of Education all Perkins, FWS, and FSEOG funds from the previous fiscal year and apply for funds for the next fiscal year. The FISAP can be filed online at www.cbfisap.ed.gov and must be submitted during the fall of each year (the 2009 deadline is October 1).
Top3 NCAA Financial Aid Report NCAA member institutions are required to submit an annual report that includes data regarding the financial aid packages awarded by the institution to freshmen and incoming transfer student-athletes and to other incoming students. The report is due in the fall; dates vary, but the deadline is September 14th for 2009.
Top4 Yellow Ribbon Participation Renewal
In order to participate in the GI-Bill Yellow Ribbon Program and receive matching funds from Veterans Administration, the institution must submit completed Yellow Ribbon Participation Agreements by February 15 of year for the following academic year. (NOTE: The deadline was extended to May in 2009, 2010, and 2011).
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