On January 17, 2014, President Obama signed the Consolidated Appropriations Act, 2014 (Pub. L. 113-46), that appropriated $974,728,000 for the Federal Work-Study (FWS) Program and $733,130,000 for the Federal Supplemental Educational Opportunity Grant (FSEOG) Program for the 2014-2015 Award Year. Pub. L. 113-46 did not include an appropriation for the Federal Perkins Loan (Perkins Loan) Program.
Tentative funding levels and corresponding worksheets for the Campus-Based Programs for the 2014-2015 Award Year (July 1, 2014 through June 30, 2015) have been posted to the eCampus-Based (eCB) Web site. These tentative funding levels are determined in accordance with the Higher Education Act of 1965, as amended (HEA).
Attached to this announcement is an explanation of the calculation of the tentative funding level in the worksheet for each of the Campus-Based Programs.
Schools will be notified by e-mail when tentative funding levels and worksheets are available on the eCB Website. These e-mails will be sent to the school’s Financial Aid Administrator, as provided in the schools mostrecently submitted Fiscal Operations Report and Application to Participate (FISAP) or as updated via the“Contact Info” page on the eCB Web site.
To access the worksheets:
- Log in to the eCB Web site
- Select the “Self-Service” link from the top navigation bar
- Scroll to the “Campus-Based Notifications for All Available Award Years” section
- Scroll to the “Tentative Funding Levels” bullet
- Select the “2014-2015” link
Please review the school’s worksheets carefully and immediately notify the Campus-Based Call Center at the number below if data in the worksheets are not correct. Final awards for the 2014-2015 Award Year are expected to be posted to the eCB Web site by April 1, 2014.
Additional Locations Not Eligible as of October 1, 2013 Must Be Eligible by March 3, 2014
Schools were permitted to include data in the application portion of the FISAP for students enrolled in additional locations that had not yet received eligibility determinations by the October 1, 2013 FISAP submission date. If a school does not receive an eligibility letter and Program Participation Agreement from the Department by March 3, 2014 for the newly listed locations, it must submit revised FISAP data using the eCBWeb site no later than March 7, 2014. The school’s revision must remove all data pertaining to students enrolled at the ineligible locations.
Please review the 2014-2015 tentative funding worksheets carefully. For additional information about tentative funding levels, contact the Campus-Based Call Center at 877/801-7168. Customer service representatives are available Monday through Friday 8:00 A.M. – 8:00 P.M. (ET). You may also e-mail CBFOB@ed.gov.
http://ifap.ed.gov/eannouncements/010614Tentative1415FundLevelsForCampusBasedProgs.html
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