Financial Aid Compliance Calendar Washington and Lee University Annual Calendar of Significant Reporting Compliance Activities

Financial Aid

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Yellow Ribbon Participation Renewal1

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  • HEOA Code of Conduct and Other Notices2
  • FISAP: Fiscal Operations Report and Application to Participate3
  • NCAA Financial Aid Report4

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1Yellow 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).

2Higher 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.

3FISAP: 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 and must be submitted during the fall of each year (the 2009 deadline is October 1).

4NCAA 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.