tools to assist you in processing aid and sustaining compliance ginger klock michael cagle 2006...

Tools to Assist You in Processing Aid and

Sustaining ComplianceGinger Klock

Michael Cagle

2006 NASFAA ConferenceSeattle, WA

This session will focus on:

• Web tools that can assist your school with Processing Aid more efficiently

• Web tools that can assist your school with Sustaining Compliance with the Title IV programs

Some of the

“Tools” in FAA Access we will look at today!

ISIR Compare

Sort by field

Sort by Difference

s

Sorted by

Differences

Standalone FAA Signature

Application Status

This tells you there are missing

signatures

Corrections

Links to SAR

Verification Tool

Enter values from tax returns and verification worksheet, then click on

“Calculate”

This column appears and shows differences

Return toTitle IV on the Web

ISIR Analysis Tool

Getting Started• Uploading Records• Decide who to analyze

– CPS Selected ISIRs• Analyze how effectively the CPS edits are

working at your institution.

– Discretionary Verification • Analyze how effectively your own

discretionary verification is working at your institution.

– Analysis Results• Discuss your verification results and revise

your verification policies.

ISIR Analysis Tool Reports• Sample Summary – Dashboard• Verification Summary – Dashboard• Field Change• Pell Eligibility for Dependents• Student Listing • Student Detail• Field Increment Report• Verification Tracking Flags

The Dashboard

Pell Elig/IneligibleDep & Indep

Total Fields Changed

Initial vs. Paid On

Pell Increases

Pell Decreases

Initial Pell Eligible and Ineligible

Total Paid on Pell Eligible & Ineligible

Verification Summary Dashboard

Running Reports

• Click on the report name from the menu on the Standard Reports Folder.

• Then click “Run” the report.

Field Change Report

Field Increment Report based on Records with Parent AGI changes (viewed in

Primary EFC increments)

Field Increment Report (viewed in Increments of Parent AGI)

Analysis Conclusions

• Discuss options to focus discretionary verification for Dependent, Pell Eligible, Parent Estimated Filers on:– EFC Ranges 1-3,000 and Parent AGI

between 20,001 and 50,000– Provide enhanced Consumer

Information for 0 EFC applicants

Helpful Information

• Refer to Guidance on the QA Website:– http://www.ifap.ed.gov/qamodule/guidance.

html• Click on link to 2005 ISIR Guide

• Tapes of Live Sessions– http://ifap.ed.gov/qamodule/training.htm

• You can view sessions about uploading data, analyzing data, and other sessions related to using the ISIR Analysis Tool

FSA Assessments

What are the FSA Assessments?

Tools to prevent and/or identify compliance issues, and implement Management Enhancements (Action Plans) for areas that need improvement

What are the FSA Assessments?

• 22 modules updated with hyperlinks to Regulations and the Student Financial Aid Handbook

• Currently being re-designed as a more streamlined product that will help you find information quickly.

• The newly designed assessments are scheduled to be deployed Mid August 2006

Where can I find the FSA Assessments?

The assessments can be accessed from the following

websites - • School’s portal

(http://fsa4schools.ed.gov) – Under “Resources & Training”, click on

FSA Self-Assessments

• IFAP (http://ifap.ed.gov) – Under “Tools for Schools”, click on FSA

Assessments

FSA Verification Assessment

Verification File Review Activity #10

ISIR Comparison Charts

Conflicting Data Activity #7

Professional Judgment Activity #13

New Design

Summary

• We demonstrated an umbrella of tools that can assist your school with Processing Aid more efficiently and Sustaining Compliance with the Title IV Programs– ISIR Compare– Standalone FAA Signature– Corrections– Verification Tool– R2T4– ISIR Analysis Tool– FSA Assessments

Resources

• ISIR Analysis Tool Additional Information:– http://ifap.ed.gov/qamodule/guidance.html

(ISIR Tool Guide)– http://ifap.ed.gov/qamodule/training.htm

(Links to Web Recordings)

• FAA Access to CPS Online: http://www.fafsa.ed.gov/FOTWWebApp/faa/faa.jsp

• FSA Assessments: http://ifap.ed.gov

Questions???

We appreciate your feedback and comments.

We can be reached at:Ginger.Klock@ed.govMichael.Cagle@ed.gov