November 18, 2015

  • Update to Dependent Parent No Social – When the signed ISIR is returned, the planner must go in and correct the ISIR to reflect that the student and the parent signed it. (STEP SEVEN)
  • High School or Equivalent on ISIR – The student must have a GED or Diploma to enroll, so they must choose one of those options on the FAFSA.
  • fafsa
  • Pell for Less Than 9 Credits – Loans are not available for anyone that has less than 9 credits in an AY but they are eligible for ¼ Pell if their EFC is low enough.
  • New Pell Disbursement on PCEs– According to Sonia’s new charts we are able to award more Pell than we initially thought. If your file has already passed audit there is no need to change it but if you can make an ARM lower then please do.
  • Arm Adjustment and Months to Repay– Remember that if your ARM total goes down to another bracket that you have to redo the loan to make the months lower.
  • Money Received/Paid on your Behalf (PARENTS OF DEPENDENTS) – There is not a spot on the FAFSA/ISIR to add this for a parent of a student so, as per CFA, it needs to be added to “other untaxed income”.
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September 21, 2015

  • Grant/Scholarship Money on ISIR – We cannot accept these items as income received. If this is all they receive then they would still be considered low income.
  • 4 Month Loan Period – When putting together a 4 month loan PCE you can bring in whatever amount is left from the old loan even if it is over what a student receives in 4 months usually. Whatever they have left can be brought in.
  • V4/V5 POG’s – We need the actual diploma or transcripts for the POG if they are V4 or V5.
  • Dependent FAFSA with Parents that are not Legal Residents – When completing a FAFSA for a dependent student and the parents are not legal residents you only enter the information for one parent. Put the SS# as all zeros but only put one of the parents info or else the FAFSA will not let you proceed.
  • CampusVue Verification Holds – Before removing any holds in Cvue for verification please check the new ISIR against the last ISIR submitted to CFA. Additional items may need to be provided to clear the new ISIR or forms may need to be corrected to match the new ISIR. If you have questions please ask, don’t just remove the hold.
  • Rescheduled FAA – If you call a student for the FAA and they need to reschedule then they are considered a no show. The only time they are not is if they rescheduled 15 minutes before the FAA or earlier.
  • UEH Transcripts Required – We will need these not only for Pell but for Loans as well. If the student received any type of aid (loans or grants) then we need the transcripts.
  • Expiring ID’s – We need a new ID if the ID will expire within 6-8 weeks after the start date. The ID cannot expire before CFA orders their funds.