Applications, Reports, and Other Records for the 2012-2013 Award Year, 13651-13656 [2013-04689]

Download as PDF Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices VIII. Other Information Accessible Format: Individuals with disabilities can obtain this document and a copy of the application package in an accessible format (e.g., braille, large print, audiotape, or compact disc) on request to the program contact person listed under FOR FURTHER INFORMATION CONTACT in section VII of this notice. Electronic Access to This Document: The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available via the Federal Digital System at: www.gpo.gov/fdsys. At this site you can view this document, as well as all other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF). To use PDF you must have Adobe Acrobat Reader, which is available free at the site. You may also access documents of the Department published in the Federal Register by using the article search feature at: www.federalregister.gov. Specifically, through the advanced search feature at this site, you can limit your search to documents published by the Department. Dated: February 25, 2013. Deborah S. Delisle, Assistant Secretary for Elementary and Secondary Education. [FR Doc. 2013–04692 Filed 2–27–13; 8:45 am] BILLING CODE 4000–01–P DEPARTMENT OF EDUCATION Applications, Reports, and Other Records for the 2012–2013 Award Year Federal Student Aid, Department of Education. ACTION: Notice. mstockstill on DSK4VPTVN1PROD with NOTICES AGENCY: Overview Information: Applications, Reports, and Other Records for the 2012–2013 Award Year; Student Assistance General Provisions, Federal Supplemental Educational Opportunity Grant, Federal Work-Study, Federal Perkins Loan, Federal Pell Grant, William D. Ford Federal Direct Loan, Teacher Education Assistance for College and Higher Education (TEACH) Grant, and Iraq and Afghanistan Service Grant Programs. Catalog Federal Domestic Assistance (CFDA) Numbers: 84.007 Federal Supplemental Educational Opportunity Grant Program; 84.033 Federal WorkStudy Programs; 84.038 Federal Perkins Loan Program; 84.063 Federal Pell Grant Program; 84.268 William D. Ford Federal Direct Loan Program; 84.379 VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 TEACH Grant Program; 84.408 Iraq and Afghanistan Service Grant Program. SUMMARY: The Secretary announces deadline dates for the receipt of documents and other information from institutions and applicants for the Federal student aid programs authorized under title IV of the Higher Education Act of 1965, as amended, for the 2012– 2013 award year. The Federal student aid programs include the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), Federal Perkins Loan, Federal Pell Grant, William D. Ford Federal Direct Loan (Direct Loan), Teacher Education Assistance for College and Higher Education (TEACH) Grant, and Iraq and Afghanistan Service Grant Programs. These programs, administered by the U.S. Department of Education (Department), provide financial assistance to students attending eligible postsecondary educational institutions to help them pay their educational costs. Deadline and Submission Dates: See Tables A, B, and C at the end of this notice. Table A—Deadline Dates for Application Processing and Receipt of Institutional Student Information Records (ISIRs) or Student Aid Reports (SARs) by Institutions for the 2012– 2013 Award Year Table A provides information and deadline dates for application processing, including deadlines for receipt of the Free Application for Federal Student Aid (FAFSA); corrections to and signatures for the FAFSA, ISIRs, and SARs; and verification documents. The deadline date for the receipt of a FAFSA by the Department’s Central Processing System is June 30, 2013, regardless of the method that the applicant uses to submit the FAFSA. The deadline date for the receipt of a signature page for the FAFSA (if required), correction, notice of change of address or school, or request for a duplicate SAR is September 21, 2013. Verification documents must be received by the institution no later than the earlier of 120 days after the student’s last date of enrollment for the 2012– 2013 award year or September 28, 2013. As a reminder, verification is not required for unsubsidized Direct Stafford Loans and PLUS Loans, TEACH Grants, and Iraq and Afghanistan Service Grants. For all Federal student aid programs, an ISIR or SAR must be received by the institution no later than the earlier of the student’s last date of enrollment for PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 13651 the 2012–2013 award year or September 28, 2013. For all Federal student aid programs, except for Direct PLUS Loans made to parent borrowers, an ISIR or SAR with an official expected family contribution must be received by the institution no later than the earlier of the student’s last date of enrollment for the 2012–2013 award year or September 28, 2013. For the Federal Pell Grant, FSEOG, FWS, and Federal Perkins Loan Programs and for Direct Subsidized Loans, for a student not meeting the conditions for a late disbursement, a valid ISIR or SAR must be received no later than the earlier of the student’s last date of enrollment for the 2012–2013 award year or September 28, 2013. For a student meeting the conditions for a late disbursement under these programs or loans, a valid ISIR or SAR must be received by the deadlines provided in Table A. In accordance with 34 CFR 668.164(g)(4)(i), an institution may not make a late disbursement of title IV student assistance funds later than 180 days after the date of the institution’s determination that the student withdrew, as provided in 34 CFR 668.22, or, for a student who did not withdraw, 180 days after the date the student otherwise became ineligible. Table A provides that, to make a late disbursement of title IV student assistance funds, an institution must receive a valid ISIR or valid SAR no later than 180 days after its determination of a student’s withdrawal or, for a student who did not withdraw, 180 days after the date the student otherwise became ineligible, but not later than September 28, 2013. Table B—Federal Pell Grant Program and Iraq and Afghanistan Service Grant Program Submission Dates for Disbursement Information by Institutions for the 2012–2013 Award Year Table B provides the earliest submission and deadline dates for institutions to submit Federal Pell Grant and Iraq and Afghanistan Service Grant disbursement records to the Department’s Common Origination and Disbursement (COD) System and deadline dates for an institution’s request for administrative relief if it cannot meet the established deadline for specified reasons. For disbursements (or adjustments to previously made disbursements) made prior to April 1, 2013, an institution must submit Federal Pell Grant or Iraq and Afghanistan Service Grant disbursement records, as applicable, no later than 30 days after making the disbursement or becoming aware of the E:\FR\FM\28FEN1.SGM 28FEN1 13652 Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices need to adjust a student’s previously reported Federal Pell Grant or Iraq and Afghanistan Service Grant disbursement. For disbursements (or adjustments to previously made disbursements) made on or after April 1, 2013, an institution must submit Federal Pell Grant or Iraq and Afghanistan Service Grant disbursement records, as applicable, no later than 15 days after making the disbursement or becoming aware of the need to adjust a student’s previously reported Federal Pell Grant or Iraq and Afghanistan Service Grant disbursement. In accordance with the regulations in 34 CFR 668.164, we consider that Federal Pell Grant and Iraq and Afghanistan Service Grant funds are disbursed on the date that the institution: (a) credits those funds to a student’s account in the institution’s general ledger or any subledger of the general ledger, or (b) pays those funds to a student directly. We consider that Federal Pell Grant and Iraq and Afghanistan Service Grant funds are disbursed even if an institution uses its own funds in advance of receiving program funds from the Department. An institution’s failure to submit disbursement records within the required timeframe may result in the Secretary rejecting all or part of the reported disbursement. In addition, such failure may result in an audit or program review finding. In addition, the Secretary may initiate an adverse action, such as a fine or other penalty for such failure, in accordance with subpart G of part 668. Table C—William D. Ford Federal Direct Loan (Direct Loan) Program and Teacher Education Assistance for College and Higher Education (TEACH) Grant Program Submission Dates for Disbursement Information by Institutions for the 2012–2013 COD Processing Year mstockstill on DSK4VPTVN1PROD with NOTICES Table C provides the earliest submission and deadline dates for institutions to submit Direct Loan and TEACH Grant disbursement records to the Department’s COD System. For disbursements (or adjustments to previously made disbursements) made prior to April 1, 2013, an institution must submit Direct Loan or TEACH Grant disbursement records no later than 30 days after making a Direct Loan or TEACH Grant disbursement, or becoming aware of the need to adjust a student’s previously reported Direct Loan or TEACH Grant disbursement. For disbursements (or adjustments to previously made disbursements) made on or after April 1, 2013, an institution must submit Direct Loan or TEACH Grant disbursement records no later than 15 days after making a Direct Loan or TEACH Grant disbursement or becoming aware of the need to adjust a student’s previously reported Direct Loan or TEACH Grant disbursement. In accordance with 34 CFR 668.164, we consider that Direct Loan and TEACH Grant funds are disbursed on the date that the institution: (a) Credits those funds to a student’s account in the institution’s general ledger or any subledger of the general ledger, or (b) pays those funds to a student directly. We consider that Direct Loan and TEACH Grant funds are disbursed even if an institution uses its own funds in advance of receiving program funds from the Department. An institution’s failure to submit disbursement records within the required timeframe may result in an audit or program review finding. In addition, the Secretary may initiate an adverse action, such as a fine or other penalty for such failure. Other Sources for Detailed Information We publish a detailed discussion of the Federal student aid application process in the 2012–2013 Federal Student Aid Handbook and in the 2012– 2013 ISIR Guide. Additional information on the institutional reporting requirements for the Federal Pell Grant Program, Iraq and Afghanistan Service Grant Program, Direct Loan Program, and TEACH Grant Program is contained in the 2012–2013 COD Technical Reference. You may access these publications by selecting the ‘‘iLibrary’’ link at the Information for Financial Aid Professionals Web site at: www.ifap.ed.gov. Applicable Regulations: The following regulations apply: (1) Student Assistance General Provisions, 34 CFR part 668. (2) Federal Pell Grant Program, 34 CFR part 690. (3) William D. Ford Direct Loan Program, 34 CFR part 685. (4) Teacher Education Assistance for College and Higher Education Grant Program, 34 CFR 686. FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of Education, Federal Student Aid, 830 First Street NE., Union Center Plaza, room 114I1, Washington, DC 20202–5345. Telephone: (202) 377–3681 or by email: ian.foss@ed.gov. If you use a telecommunications device for the deaf (TDD) or text telephone (TTY), call the Federal Relay Service, toll free, at 1–800–877–8339. Accessible Format: Individuals with disabilities can obtain this document in an accessible format (e.g., braille, large print, audiotape, or compact disc) on request to the program contact person listed under FOR FURTHER INFORMATION CONTACT. Electronic Access to This Document: The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available via the Federal Digital System at: www.gpo.gov/fdsys. At this site you can view this document, as well as all other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF). To use PDF you must have Adobe Acrobat Reader, which is available free at the site. You may also access documents of the Department published in the Federal Register by using the article search feature at: www.federalregister.gov. Specifically, through the advanced search feature at this site, you can limit your search to documents published by the Department. Program Authority: 20 U.S.C. 1070a, 1070a–1, 1070b–1070b–4, 1070g, 1070h, 1087a–1087j, and 1087aa–1087ii; 42 U.S.C. 2751–2756b. Dated: February 25, 2013. James W. Runcie, Chief Operating Officer, Federal Student Aid. TABLE A—DEADLINE DATES FOR APPLICATION PROCESSING AND RECEIPT OF INSTITUTIONAL STUDENT INFORMATION RECORDS (ISIRS) OR STUDENT AID REPORTS (SARS) BY INSTITUTIONS FOR THE 2012–2013 AWARD YEAR Who submits? What is submitted? Where is it submitted? What is the deadline date for receipt? Student ........................................... Free Application for Federal Student Aid (FAFSA)—‘‘FAFSA on the Web’’ (original or renewal). Electronically to the Department’s Central Processing System (CPS). June 30, 2013.1 VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 E:\FR\FM\28FEN1.SGM 28FEN1 Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices 13653 TABLE A—DEADLINE DATES FOR APPLICATION PROCESSING AND RECEIPT OF INSTITUTIONAL STUDENT INFORMATION RECORDS (ISIRS) OR STUDENT AID REPORTS (SARS) BY INSTITUTIONS FOR THE 2012–2013 AWARD YEAR—Continued What is submitted? Student through an Institution ....... Student ........................................... Student ........................................... Student through an Institution ....... Student ........................................... Student ........................................... Student ........................................... Student through CPS ..................... Where is it submitted? What is the deadline date for receipt? Signature page (if required) ......... Who submits? To the address printed on the signature page. Electronically to the Department’s CPS. To the address printed on the FAFSA or envelope provided with the form. Electronically to the Department’s CPS. September 21, 2013. To the address printed on the signature page. Electronically to the Department’s CPS. To the address printed on the SAR. September 21, 2013. To the Federal Student Aid Information Center by calling 1– 800–433–3243. To the institution ........................... September 21, 2013. An electronic FAFSA (original or renewal). A paper original FAFSA ............... Electronic corrections to the FAFSA using ‘‘Corrections on the Web’’. Signature page (if required) ......... Electronic corrections to the FAFSA. Paper corrections to the FAFSA using a SAR, including change of mailing and email addresses and change of institutions. Change of mailing and email addresses, change of institutions, or requests for a duplicate SAR. SAR with an official expected family contribution (EFC) calculated by the Department’s CPS (except for Parent PLUS). ISIR with an official EFC calculated by the Department’s CPS (except for Parent PLUS). To the institution from the Department’s CPS. Valid SAR (Pell Grant, FSEOG, FWS, Perkins Loan, and Direct Subsidized Loans). Valid ISIR (Pell Grant, FSEOG, FWS, Perkins Loan, and Direct Subsidized Loans) To the institution ........................... To the institution from the Department’s CPS Student ........................................... Student through CPS Valid SAR (Pell Grant, FSEOG, FWS, Perkins Loan, and Direct Subsidized Loans). Valid ISIR (Pell Grant, FSEOG, FWS, Perkins Loan, and Direct Subsidized Loans) To the institution ........................... To the institution from the Department’s CPS Student ........................................... mstockstill on DSK4VPTVN1PROD with NOTICES Student ........................................... Student through CPS Verification documents ................. To the institution ........................... June 30, 2013.1 June 30, 2013. September 21, 2013.1 September 21, 2013.1 September 21, 2013. The earlier of: —The student’s last date of enrollment; or —September 28, 2013.2 The earlier of: —The student’s last date of enrollment; or —September 28, 2013.2 Except for a student meeting the conditions for a late disbursement under 34 CFR 668.164(g), the earlier of: —The student’s last date of enrollment; or —September 28, 2013.2 For a student receiving a late disbursement under 34 CFR 668.164(g)(4)(i), the earlier of: —180 days after the date of the institution’s determination that the student withdrew or otherwise became ineligible; or —September 28, 2013.2 The earlier of: 3 —120 days after the student’s last date of enrollment; or —September 28, 2013.2 1 The deadline for electronic transactions is 11:59 p.m. (Central Time) on the deadline date. Transmissions must be completed and accepted before 12:00 midnight to meet the deadline. If transmissions are started before 12:00 midnight but are not completed until after 12:00 midnight, those transmissions do not meet the deadline. In addition, any transmission submitted on or just prior to the deadline date that is rejected may not be reprocessed because the deadline will have passed by the time the user gets the information notifying him or her of the rejection. 2 The date the ISIR/SAR transaction was processed by CPS is considered to be the date the institution received the ISIR or SAR regardless of whether the institution has downloaded the ISIR from its SAIG mailbox or when the student submits the SAR to the institution. 3 Although the Secretary has set this deadline date for the submission of verification documents, if corrections are required, deadline dates for submission of paper or electronic corrections and, for a Federal Pell Grant and applicants selected for verification, the submission of a valid SAR or valid ISIR to the institution must still be met. An institution may establish an earlier deadline for the submission of verification documents for purposes of the campus-based programs and the Federal Direct Loan Program, but no later than this deadline date. VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 E:\FR\FM\28FEN1.SGM 28FEN1 13654 Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices TABLE B—FEDERAL PELL GRANT PROGRAM AND IRAQ AND AFGHANISTAN SERVICE GRANT PROGRAM SUBMISSION DATES FOR DISBURSEMENT INFORMATION BY INSTITUTIONS FOR THE 2012–2013 AWARD YEAR What are the earliest disbursement, submission, and deadline dates for receipt? What is submitted? Where is it submitted? Institutions ...................................... mstockstill on DSK4VPTVN1PROD with NOTICES Who submits? At least one acceptable disbursement record must be submitted for each Federal Pell Grant recipient and Iraq and Afghanistan Service Grant recipient at the institution. For the Federal Pell Grant Program only to the Common Origination and Disbursement (COD) System using the Student Aid Internet Gateway (SAIG). For both the Federal Pell Grant Program and the Iraq and Afghanistan Service Grant Program, to the COD System using the COD Web site at: www.cod.ed.gov. VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 E:\FR\FM\28FEN1.SGM Earliest Disbursement Date: January 12, 2012. Earliest Submission Dates: An institution may submit anticipated disbursement information as early as March 10, 2012. An institution may submit actual disbursement information as early as April 16, 2012, but no earlier than: (a) 7 calendar days prior to the disbursement date under the advance payment method; (b) 7 calendar days prior to the disbursement date under the Cash Monitoring #1 payment method; or (c) The date of disbursement under the Reimbursement or Cash Monitoring #2 payment methods. Deadline Submission Dates:1 No later than the earlier of September 30, 2013 or: (a) For disbursements that occur prior to April 1, 2013 an institution is required to submit disbursement information no later than 30 calendar days after the institution makes a disbursement or becomes aware of the need to make an adjustment to previously reported disbursement data. (b) For disbursements that occur on or after April 1, 2013 an institution is required to submit disbursement information no later than 15 calendar days after the institution makes a disbursement or becomes aware of the need to make an adjustment to previously reported disbursement data. Notes: Disbursements made between January 1, 2012 and April 16, 2012 must be reported not later than 30 calendar days after April 16, 2012. Downward adjustments after September 30, 2013 of a previously reported and accepted award or disbursement may be submitted at any time until September 30, 2018. Other disbursement information for submission after September 30, 2013 may be submitted only upon approval of a request for an extension, as specified below. 28FEN1 Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices 13655 TABLE B—FEDERAL PELL GRANT PROGRAM AND IRAQ AND AFGHANISTAN SERVICE GRANT PROGRAM SUBMISSION DATES FOR DISBURSEMENT INFORMATION BY INSTITUTIONS FOR THE 2012–2013 AWARD YEAR—Continued What are the earliest disbursement, submission, and deadline dates for receipt? Who submits? What is submitted? Where is it submitted? Institutions ...................................... Requests for extensions to the established disbursement submission deadlines may be made for reasons, including, but not limited to: (a) A program review or initial audit finding per 34 CFR 690.83; (b) A late disbursement under 34 CFR 668.164(g); or (c) Disbursements previously blocked as a result of another institution failing to post a downward adjustment. Request for administrative relief based on a natural disaster or other unusual circumstance or an administrative error made by the Department. Request for administrative relief if a student reenters the institution within 180 days after initially withdrawing and the institution is reporting a disbursement for the student within 15 days of the student’s reenrollment but after September 30, 2013.2 Via COD Web www.cod.ed.gov. site at: The earlier of: —When the institution is fully reconciled and is ready to submit all additional data for the program and the award year; or —September 30, 2018. Via COD Web www.cod.ed.gov. site at: Via COD Web www.cod.ed.gov. site at: The earlier of: —A date designated by the Secretary after consultation with the institution; or —February 1, 2014. The earlier of: —15 days after the student reenrolls; or —May 3, 2014. Institutions ...................................... Institutions ...................................... 1 Transmissions must be completed and accepted before 12:00 (Eastern Time) midnight to meet the deadline. If transmissions are started before 12:00 midnight but are not completed until after 12:00 midnight, those transmissions will not meet the deadline. In addition, any transmission submitted on or just prior to the deadline date that is rejected may not be reprocessed because the deadline will have passed by the time the user gets the information notifying him or her of the rejection. 2 Applies only to students enrolled in clock-hour and nonterm credit-hour educational programs. Note: The COD System must accept origination data for a student from an institution before it accepts disbursement information from the institution for that student. Institutions may submit origination and disbursement data for a student in the same transmission. However, if the origination data is rejected, the disbursement data is rejected. TABLE C—WILLIAM D. FORD FEDERAL DIRECT LOAN (DIRECT LOAN) PROGRAM AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION (TEACH) GRANT PROGRAM SUBMISSION DATES FOR DISBURSEMENT INFORMATION BY INSTITUTIONS FOR THE 2012–2013 COD PROCESSING YEAR 1 What is submitted? Where is it submitted? What are the earliest submission and deadline dates for receipt? Institutions ...................................... mstockstill on DSK4VPTVN1PROD with NOTICES Who submits? At least one acceptable disbursement record must be submitted for each Direct Loan and TEACH Grant recipient at the institution. To the Student Aid Internet Gateway (SAIG) or to the Common Origination and Disbursement (COD) System using the COD Web site at: www.cod.ed.gov. Earliest Disbursement Date: January 1, 2012. Earliest Submission Dates: An institution may submit anticipated disbursement information as early as March 10, 2012. An institution may submit actual disbursement information as early as March 10, 2012, but no earlier than: (a) 7 calendar days prior to the disbursement date under the advance payment method; (b) 7 calendar days prior to the disbursement date under the Cash Monitoring #1 payment method; or (c) The date of disbursement under the Reimbursement or Cash Monitoring #2 payment methods. Deadline Submission Dates:2 VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 E:\FR\FM\28FEN1.SGM 28FEN1 13656 Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices TABLE C—WILLIAM D. FORD FEDERAL DIRECT LOAN (DIRECT LOAN) PROGRAM AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION (TEACH) GRANT PROGRAM SUBMISSION DATES FOR DISBURSEMENT INFORMATION BY INSTITUTIONS FOR THE 2012–2013 COD PROCESSING YEAR 1—Continued Who submits? What is submitted? What are the earliest submission and deadline dates for receipt? Where is it submitted? For disbursements that occur prior to April 1, 2013 an institution is required to submit disbursement information no later than 30 calendar days after the institution makes a disbursement or becomes aware of the need to make an adjustment to previously reported disbursement data; or For disbursements that occur on or after April 1, 2013 an institution is required to submit disbursement information no later than 15 calendar days after the institution makes a disbursement or becomes aware of the need to make an adjustment to previously reported disbursement data. Note: Disbursements made between January 1, 2012 and March 10, 2012 must be reported not later than 30 calendar days after March 10, 2012. 1 A COD Processing Year is a period of time in which institutions are permitted to submit Direct Loan and TEACH Grant records to the COD System that are related to a given award year. For a Direct Loan, the period of time includes loans that have a loan period covering any day in the 2012–2013 award year. For a TEACH Grant, the period of time includes an award for a payment period that includes any day in the 2012– 2013 award year. 2 Transmissions must be completed and accepted before 12:00 (Eastern Time) midnight to meet the deadline. If transmissions are started before 12:00 midnight but are not completed until after 12:00 midnight, those transmissions will not meet the deadline. In addition, any transmission submitted on or just prior to the deadline date that is rejected may not be reprocessed because the deadline will have passed by the time the user gets the information notifying him or her of the rejection. Note: The COD System must accept origination data for a student from an institution before it accepts disbursement information from the institution for that student. Institutions may submit origination and disbursement data for a student in the same transmission. However, if the origination data is rejected, the disbursement data is rejected. [FR Doc. 2013–04689 Filed 2–27–13; 8:45 am] BILLING CODE 4000–01–P] DEPARTMENT OF ENERGY Energy Information Administration Agency Information Collection Extension U.S. Energy Information Administration (EIA), Department of Energy (DOE). AGENCY: Notice and Request for Office of Management and Budget (OMB) Review and Comment. mstockstill on DSK4VPTVN1PROD with NOTICES ACTION: EIA has submitted, under the provisions of the Paperwork Reduction Act of 1995, an information collection request to the OMB for a three-year extension, with changes, of its Oil and Gas Reserves System Surveys (OGRS) forms (OMB 1905–0057): SUMMARY: VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 • Form EIA–23L, Annual Survey of Domestic Oil and Gas Reserves, Field Level Report • Form EIA–23S, Annual Survey of Domestic Oil and Gas Reserves, Summary Level Report • Form EIA–64A, Annual Report of the Origin of Natural Gas Liquids Production EIA proposes to suspend the Form EIA– 23S and collect similar data in a revised sample for the Form EIA–23L data collection. The sampling method for the Form EIA–23L survey frame will be changed to a cut-off sample, and procedures to estimate data will be adjusted, accordingly. EIA proposes to report reserves for three, small natural gas and oil production states (IL, IN, and TN) ‘‘as reported’’ (i.e., will no longer estimate the total reserves for these states) under the Miscellaneous States category in EIA publications. The Form EIA–23L instructions will be updated with the current EIA definitions of terms used. Form EIA–64A will be extended without changes. PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 Comments regarding this collection must be received on or before April 1, 2013. If you anticipate that you will be submitting comments, but find it difficult to do so within the period of time allowed by this notice, please advise the DOE Desk Officer at OMB of your intention to make a submission as soon as possible. The Desk Officer may be telephoned at 202–395–4718 or contacted by email at chad_s_whiteman@omb.eop.gov. DATES: Written comments should be sent to the: DOE Desk Officer, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10102, 735 17th Street NW., Washington, DC 20503; and to Steven Grape, EI–24, U.S. Energy Information Administration, U.S. Department of Energy, 1000 Independence Ave. SW., Washington, DC 20585. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the information collection ADDRESSES: E:\FR\FM\28FEN1.SGM 28FEN1

Agencies

[Federal Register Volume 78, Number 40 (Thursday, February 28, 2013)]
[Notices]
[Pages 13651-13656]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-04689]


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DEPARTMENT OF EDUCATION


Applications, Reports, and Other Records for the 2012-2013 Award 
Year

AGENCY: Federal Student Aid, Department of Education.

ACTION: Notice.

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    Overview Information: Applications, Reports, and Other Records for 
the 2012-2013 Award Year; Student Assistance General Provisions, 
Federal Supplemental Educational Opportunity Grant, Federal Work-Study, 
Federal Perkins Loan, Federal Pell Grant, William D. Ford Federal 
Direct Loan, Teacher Education Assistance for College and Higher 
Education (TEACH) Grant, and Iraq and Afghanistan Service Grant 
Programs.
    Catalog Federal Domestic Assistance (CFDA) Numbers: 84.007 Federal 
Supplemental Educational Opportunity Grant Program; 84.033 Federal 
Work-Study Programs; 84.038 Federal Perkins Loan Program; 84.063 
Federal Pell Grant Program; 84.268 William D. Ford Federal Direct Loan 
Program; 84.379 TEACH Grant Program; 84.408 Iraq and Afghanistan 
Service Grant Program.

SUMMARY: The Secretary announces deadline dates for the receipt of 
documents and other information from institutions and applicants for 
the Federal student aid programs authorized under title IV of the 
Higher Education Act of 1965, as amended, for the 2012-2013 award year. 
The Federal student aid programs include the Federal Supplemental 
Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), 
Federal Perkins Loan, Federal Pell Grant, William D. Ford Federal 
Direct Loan (Direct Loan), Teacher Education Assistance for College and 
Higher Education (TEACH) Grant, and Iraq and Afghanistan Service Grant 
Programs.
    These programs, administered by the U.S. Department of Education 
(Department), provide financial assistance to students attending 
eligible postsecondary educational institutions to help them pay their 
educational costs.
    Deadline and Submission Dates: See Tables A, B, and C at the end of 
this notice.

Table A--Deadline Dates for Application Processing and Receipt of 
Institutional Student Information Records (ISIRs) or Student Aid 
Reports (SARs) by Institutions for the 2012-2013 Award Year

    Table A provides information and deadline dates for application 
processing, including deadlines for receipt of the Free Application for 
Federal Student Aid (FAFSA); corrections to and signatures for the 
FAFSA, ISIRs, and SARs; and verification documents.
    The deadline date for the receipt of a FAFSA by the Department's 
Central Processing System is June 30, 2013, regardless of the method 
that the applicant uses to submit the FAFSA. The deadline date for the 
receipt of a signature page for the FAFSA (if required), correction, 
notice of change of address or school, or request for a duplicate SAR 
is September 21, 2013. Verification documents must be received by the 
institution no later than the earlier of 120 days after the student's 
last date of enrollment for the 2012-2013 award year or September 28, 
2013. As a reminder, verification is not required for unsubsidized 
Direct Stafford Loans and PLUS Loans, TEACH Grants, and Iraq and 
Afghanistan Service Grants.
    For all Federal student aid programs, an ISIR or SAR must be 
received by the institution no later than the earlier of the student's 
last date of enrollment for the 2012-2013 award year or September 28, 
2013. For all Federal student aid programs, except for Direct PLUS 
Loans made to parent borrowers, an ISIR or SAR with an official 
expected family contribution must be received by the institution no 
later than the earlier of the student's last date of enrollment for the 
2012-2013 award year or September 28, 2013. For the Federal Pell Grant, 
FSEOG, FWS, and Federal Perkins Loan Programs and for Direct Subsidized 
Loans, for a student not meeting the conditions for a late 
disbursement, a valid ISIR or SAR must be received no later than the 
earlier of the student's last date of enrollment for the 2012-2013 
award year or September 28, 2013. For a student meeting the conditions 
for a late disbursement under these programs or loans, a valid ISIR or 
SAR must be received by the deadlines provided in Table A.
    In accordance with 34 CFR 668.164(g)(4)(i), an institution may not 
make a late disbursement of title IV student assistance funds later 
than 180 days after the date of the institution's determination that 
the student withdrew, as provided in 34 CFR 668.22, or, for a student 
who did not withdraw, 180 days after the date the student otherwise 
became ineligible. Table A provides that, to make a late disbursement 
of title IV student assistance funds, an institution must receive a 
valid ISIR or valid SAR no later than 180 days after its determination 
of a student's withdrawal or, for a student who did not withdraw, 180 
days after the date the student otherwise became ineligible, but not 
later than September 28, 2013.

Table B--Federal Pell Grant Program and Iraq and Afghanistan Service 
Grant Program Submission Dates for Disbursement Information by 
Institutions for the 2012-2013 Award Year

    Table B provides the earliest submission and deadline dates for 
institutions to submit Federal Pell Grant and Iraq and Afghanistan 
Service Grant disbursement records to the Department's Common 
Origination and Disbursement (COD) System and deadline dates for an 
institution's request for administrative relief if it cannot meet the 
established deadline for specified reasons.
    For disbursements (or adjustments to previously made disbursements) 
made prior to April 1, 2013, an institution must submit Federal Pell 
Grant or Iraq and Afghanistan Service Grant disbursement records, as 
applicable, no later than 30 days after making the disbursement or 
becoming aware of the

[[Page 13652]]

need to adjust a student's previously reported Federal Pell Grant or 
Iraq and Afghanistan Service Grant disbursement.
    For disbursements (or adjustments to previously made disbursements) 
made on or after April 1, 2013, an institution must submit Federal Pell 
Grant or Iraq and Afghanistan Service Grant disbursement records, as 
applicable, no later than 15 days after making the disbursement or 
becoming aware of the need to adjust a student's previously reported 
Federal Pell Grant or Iraq and Afghanistan Service Grant disbursement. 
In accordance with the regulations in 34 CFR 668.164, we consider that 
Federal Pell Grant and Iraq and Afghanistan Service Grant funds are 
disbursed on the date that the institution: (a) credits those funds to 
a student's account in the institution's general ledger or any 
subledger of the general ledger, or (b) pays those funds to a student 
directly. We consider that Federal Pell Grant and Iraq and Afghanistan 
Service Grant funds are disbursed even if an institution uses its own 
funds in advance of receiving program funds from the Department.
    An institution's failure to submit disbursement records within the 
required timeframe may result in the Secretary rejecting all or part of 
the reported disbursement. In addition, such failure may result in an 
audit or program review finding. In addition, the Secretary may 
initiate an adverse action, such as a fine or other penalty for such 
failure, in accordance with subpart G of part 668.

Table C--William D. Ford Federal Direct Loan (Direct Loan) Program and 
Teacher Education Assistance for College and Higher Education (TEACH) 
Grant Program Submission Dates for Disbursement Information by 
Institutions for the 2012-2013 COD Processing Year

    Table C provides the earliest submission and deadline dates for 
institutions to submit Direct Loan and TEACH Grant disbursement records 
to the Department's COD System.
    For disbursements (or adjustments to previously made disbursements) 
made prior to April 1, 2013, an institution must submit Direct Loan or 
TEACH Grant disbursement records no later than 30 days after making a 
Direct Loan or TEACH Grant disbursement, or becoming aware of the need 
to adjust a student's previously reported Direct Loan or TEACH Grant 
disbursement.
    For disbursements (or adjustments to previously made disbursements) 
made on or after April 1, 2013, an institution must submit Direct Loan 
or TEACH Grant disbursement records no later than 15 days after making 
a Direct Loan or TEACH Grant disbursement or becoming aware of the need 
to adjust a student's previously reported Direct Loan or TEACH Grant 
disbursement. In accordance with 34 CFR 668.164, we consider that 
Direct Loan and TEACH Grant funds are disbursed on the date that the 
institution: (a) Credits those funds to a student's account in the 
institution's general ledger or any subledger of the general ledger, or 
(b) pays those funds to a student directly. We consider that Direct 
Loan and TEACH Grant funds are disbursed even if an institution uses 
its own funds in advance of receiving program funds from the 
Department. An institution's failure to submit disbursement records 
within the required timeframe may result in an audit or program review 
finding. In addition, the Secretary may initiate an adverse action, 
such as a fine or other penalty for such failure.

Other Sources for Detailed Information

    We publish a detailed discussion of the Federal student aid 
application process in the 2012-2013 Federal Student Aid Handbook and 
in the 2012-2013 ISIR Guide.
    Additional information on the institutional reporting requirements 
for the Federal Pell Grant Program, Iraq and Afghanistan Service Grant 
Program, Direct Loan Program, and TEACH Grant Program is contained in 
the 2012-2013 COD Technical Reference.
    You may access these publications by selecting the ``iLibrary'' 
link at the Information for Financial Aid Professionals Web site at: 
www.ifap.ed.gov.
    Applicable Regulations: The following regulations apply:
    (1) Student Assistance General Provisions, 34 CFR part 668.
    (2) Federal Pell Grant Program, 34 CFR part 690.
    (3) William D. Ford Direct Loan Program, 34 CFR part 685.
    (4) Teacher Education Assistance for College and Higher Education 
Grant Program, 34 CFR 686.

FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of 
Education, Federal Student Aid, 830 First Street NE., Union Center 
Plaza, room 114I1, Washington, DC 20202-5345. Telephone: (202) 377-3681 
or by email: ian.foss@ed.gov.
    If you use a telecommunications device for the deaf (TDD) or text 
telephone (TTY), call the Federal Relay Service, toll free, at 1-800-
877-8339.
    Accessible Format: Individuals with disabilities can obtain this 
document in an accessible format (e.g., braille, large print, 
audiotape, or compact disc) on request to the program contact person 
listed under FOR FURTHER INFORMATION CONTACT.
    Electronic Access to This Document: The official version of this 
document is the document published in the Federal Register. Free 
Internet access to the official edition of the Federal Register and the 
Code of Federal Regulations is available via the Federal Digital System 
at: www.gpo.gov/fdsys. At this site you can view this document, as well 
as all other documents of this Department published in the Federal 
Register, in text or Adobe Portable Document Format (PDF). To use PDF 
you must have Adobe Acrobat Reader, which is available free at the 
site.
    You may also access documents of the Department published in the 
Federal Register by using the article search feature at: 
www.federalregister.gov. Specifically, through the advanced search 
feature at this site, you can limit your search to documents published 
by the Department.

    Program Authority: 20 U.S.C. 1070a, 1070a-1, 1070b-1070b-4, 
1070g, 1070h, 1087a-1087j, and 1087aa-1087ii; 42 U.S.C. 2751-2756b.

    Dated: February 25, 2013.
James W. Runcie,
Chief Operating Officer, Federal Student Aid.

   Table A--Deadline Dates for Application Processing and Receipt of Institutional Student Information Records
               (ISIRs) or Student Aid Reports (SARs) by Institutions for the 2012-2013 Award Year
----------------------------------------------------------------------------------------------------------------
                                                                                           What is the deadline
             Who submits?                 What is submitted?     Where is it submitted?     date for receipt?
----------------------------------------------------------------------------------------------------------------
Student..............................  Free Application for     Electronically to the    June 30, 2013.\1\
                                        Federal Student Aid      Department's Central
                                        (FAFSA)--``FAFSA on      Processing System
                                        the Web'' (original or   (CPS).
                                        renewal).

[[Page 13653]]

 
                                       Signature page (if       To the address printed   September 21, 2013.
                                        required).               on the signature page.
Student through an Institution.......  An electronic FAFSA      Electronically to the    June 30, 2013.\1\
                                        (original or renewal).   Department's CPS.
Student..............................  A paper original FAFSA.  To the address printed   June 30, 2013.
                                                                 on the FAFSA or
                                                                 envelope provided with
                                                                 the form.
Student..............................  Electronic corrections   Electronically to the    September 21, 2013.\1\
                                        to the FAFSA using       Department's CPS.
                                        ``Corrections on the
                                        Web''.
                                       Signature page (if       To the address printed   September 21, 2013.
                                        required).               on the signature page.
Student through an Institution.......  Electronic corrections   Electronically to the    September 21, 2013.\1\
                                        to the FAFSA.            Department's CPS.
Student..............................  Paper corrections to     To the address printed   September 21, 2013.
                                        the FAFSA using a SAR,   on the SAR.
                                        including change of
                                        mailing and email
                                        addresses and change
                                        of institutions.
Student..............................  Change of mailing and    To the Federal Student   September 21, 2013.
                                        email addresses,         Aid Information Center
                                        change of                by calling 1-800-433-
                                        institutions, or         3243.
                                        requests for a
                                        duplicate SAR.
Student..............................  SAR with an official     To the institution.....  The earlier of:
                                        expected family                                  --The student's last
                                        contribution (EFC)                                date of enrollment; or
                                        calculated by the                                --September 28,
                                        Department's CPS                                  2013.\2\
                                        (except for Parent
                                        PLUS).
Student through CPS..................  ISIR with an official    To the institution from  The earlier of:
                                        EFC calculated by the    the Department's CPS.   --The student's last
                                        Department's CPS                                  date of enrollment; or
                                        (except for Parent                               --September 28,
                                        PLUS).                                            2013.\2\
Student..............................  Valid SAR (Pell Grant,   To the institution.....  Except for a student
Student through CPS..................   FSEOG, FWS, Perkins     To the institution from   meeting the conditions
                                        Loan, and Direct         the Department's CPS.    for a late
                                        Subsidized Loans).                                disbursement under 34
                                       Valid ISIR (Pell Grant,                            CFR 668.164(g), the
                                        FSEOG, FWS, Perkins                               earlier of:
                                        Loan, and Direct                                 --The student's last
                                        Subsidized Loans).                                date of enrollment; or
                                                                                         --September 28,
                                                                                          2013.\2\
Student..............................  Valid SAR (Pell Grant,   To the institution.....  For a student receiving
Student through CPS..................   FSEOG, FWS, Perkins     To the institution from   a late disbursement
                                        Loan, and Direct         the Department's CPS.    under 34 CFR
                                        Subsidized Loans).                                668.164(g)(4)(i), the
                                       Valid ISIR (Pell Grant,                            earlier of:
                                        FSEOG, FWS, Perkins                              --180 days after the
                                        Loan, and Direct                                  date of the
                                        Subsidized Loans).                                institution's
                                                                                          determination that the
                                                                                          student withdrew or
                                                                                          otherwise became
                                                                                          ineligible; or
                                                                                         --September 28,
                                                                                          2013.\2\
Student..............................  Verification documents.  To the institution.....  The earlier of: \3\
                                                                                         --120 days after the
                                                                                          student's last date of
                                                                                          enrollment; or
                                                                                         --September 28,
                                                                                          2013.\2\
----------------------------------------------------------------------------------------------------------------
\1\ The deadline for electronic transactions is 11:59 p.m. (Central Time) on the deadline date. Transmissions
  must be completed and accepted before 12:00 midnight to meet the deadline. If transmissions are started before
  12:00 midnight but are not completed until after 12:00 midnight, those transmissions do not meet the deadline.
  In addition, any transmission submitted on or just prior to the deadline date that is rejected may not be
  reprocessed because the deadline will have passed by the time the user gets the information notifying him or
  her of the rejection.
\2\ The date the ISIR/SAR transaction was processed by CPS is considered to be the date the institution received
  the ISIR or SAR regardless of whether the institution has downloaded the ISIR from its SAIG mailbox or when
  the student submits the SAR to the institution.
\3\ Although the Secretary has set this deadline date for the submission of verification documents, if
  corrections are required, deadline dates for submission of paper or electronic corrections and, for a Federal
  Pell Grant and applicants selected for verification, the submission of a valid SAR or valid ISIR to the
  institution must still be met. An institution may establish an earlier deadline for the submission of
  verification documents for purposes of the campus-based programs and the Federal Direct Loan Program, but no
  later than this deadline date.


[[Page 13654]]


     Table B--Federal Pell Grant Program and Iraq and Afghanistan Service Grant Program Submission Dates for
                      Disbursement Information by Institutions for the 2012-2013 Award Year
----------------------------------------------------------------------------------------------------------------
                                                                                          What are the earliest
                                                                                              disbursement,
             Who submits?                 What is submitted?     Where is it submitted?      submission, and
                                                                                            deadline dates for
                                                                                                 receipt?
----------------------------------------------------------------------------------------------------------------
Institutions.........................  At least one acceptable  For the Federal Pell     Earliest Disbursement
                                        disbursement record      Grant Program only to    Date: January 12,
                                        must be submitted for    the Common Origination   2012.
                                        each Federal Pell        and Disbursement (COD)  Earliest Submission
                                        Grant recipient and      System using the         Dates:
                                        Iraq and Afghanistan     Student Aid Internet    An institution may
                                        Service Grant            Gateway (SAIG). For      submit anticipated
                                        recipient at the         both the Federal Pell    disbursement
                                        institution.             Grant Program and the    information as early
                                                                 Iraq and Afghanistan     as March 10, 2012.
                                                                 Service Grant Program,  An institution may
                                                                 to the COD System        submit actual
                                                                 using the COD Web site   disbursement
                                                                 at: www.cod.ed.gov.      information as early
                                                                                          as April 16, 2012, but
                                                                                          no earlier than:
                                                                                         (a) 7 calendar days
                                                                                          prior to the
                                                                                          disbursement date
                                                                                          under the advance
                                                                                          payment method;
                                                                                            (b) 7 calendar days
                                                                                             prior to the
                                                                                             disbursement date
                                                                                             under the Cash
                                                                                             Monitoring 1 payment method;
                                                                                             or
                                                                                            (c) The date of
                                                                                             disbursement under
                                                                                             the Reimbursement
                                                                                             or Cash Monitoring
                                                                                             2 payment
                                                                                             methods.
                                                                                         Deadline Submission
                                                                                          Dates:\1\
                                                                                         No later than the
                                                                                          earlier of September
                                                                                          30, 2013 or:
                                                                                            (a) For
                                                                                             disbursements that
                                                                                             occur prior to
                                                                                             April 1, 2013 an
                                                                                             institution is
                                                                                             required to submit
                                                                                             disbursement
                                                                                             information no
                                                                                             later than 30
                                                                                             calendar days after
                                                                                             the institution
                                                                                             makes a
                                                                                             disbursement or
                                                                                             becomes aware of
                                                                                             the need to make an
                                                                                             adjustment to
                                                                                             previously reported
                                                                                             disbursement data.
                                                                                            (b) For
                                                                                             disbursements that
                                                                                             occur on or after
                                                                                             April 1, 2013 an
                                                                                             institution is
                                                                                             required to submit
                                                                                             disbursement
                                                                                             information no
                                                                                             later than 15
                                                                                             calendar days after
                                                                                             the institution
                                                                                             makes a
                                                                                             disbursement or
                                                                                             becomes aware of
                                                                                             the need to make an
                                                                                             adjustment to
                                                                                             previously reported
                                                                                             disbursement data.
                                                                                         Notes:
                                                                                         Disbursements made
                                                                                          between January 1,
                                                                                          2012 and April 16,
                                                                                          2012 must be reported
                                                                                          not later than 30
                                                                                          calendar days after
                                                                                          April 16, 2012.
                                                                                         Downward adjustments
                                                                                          after September 30,
                                                                                          2013 of a previously
                                                                                          reported and accepted
                                                                                          award or disbursement
                                                                                          may be submitted at
                                                                                          any time until
                                                                                          September 30, 2018.
                                                                                         Other disbursement
                                                                                          information for
                                                                                          submission after
                                                                                          September 30, 2013 may
                                                                                          be submitted only upon
                                                                                          approval of a request
                                                                                          for an extension, as
                                                                                          specified below.

[[Page 13655]]

 
Institutions.........................  Requests for extensions  Via COD Web site at:     The earlier of:
                                        to the established       www.cod.ed.gov.         --When the institution
                                        disbursement                                      is fully reconciled
                                        submission deadlines                              and is ready to submit
                                        may be made for                                   all additional data
                                        reasons, including,                               for the program and
                                        but not limited to:                               the award year; or
                                       (a) A program review or                           --September 30, 2018.
                                        initial audit finding
                                        per 34 CFR 690.83;.
                                       (b) A late disbursement
                                        under 34 CFR
                                        668.164(g); or.
                                       (c) Disbursements
                                        previously blocked as
                                        a result of another
                                        institution failing to
                                        post a downward
                                        adjustment..
Institutions.........................  Request for              Via COD Web site at:     The earlier of:
                                        administrative relief    www.cod.ed.gov.         --A date designated by
                                        based on a natural                                the Secretary after
                                        disaster or other                                 consultation with the
                                        unusual circumstance                              institution; or
                                        or an administrative                             --February 1, 2014.
                                        error made by the
                                        Department.
Institutions.........................  Request for              Via COD Web site at:     The earlier of:
                                        administrative relief    www.cod.ed.gov.         --15 days after the
                                        if a student reenters                             student reenrolls; or
                                        the institution within                           --May 3, 2014.
                                        180 days after
                                        initially withdrawing
                                        and the institution is
                                        reporting a
                                        disbursement for the
                                        student within 15 days
                                        of the student's
                                        reenrollment but after
                                        September 30, 2013.\2\
----------------------------------------------------------------------------------------------------------------
\1\ Transmissions must be completed and accepted before 12:00 (Eastern Time) midnight to meet the deadline. If
  transmissions are started before 12:00 midnight but are not completed until after 12:00 midnight, those
  transmissions will not meet the deadline. In addition, any transmission submitted on or just prior to the
  deadline date that is rejected may not be reprocessed because the deadline will have passed by the time the
  user gets the information notifying him or her of the rejection.
\2\ Applies only to students enrolled in clock-hour and nonterm credit-hour educational programs.
Note: The COD System must accept origination data for a student from an institution before it accepts
  disbursement information from the institution for that student. Institutions may submit origination and
  disbursement data for a student in the same transmission. However, if the origination data is rejected, the
  disbursement data is rejected.


 Table C--William D. Ford Federal Direct Loan (Direct Loan) Program and Teacher Education Assistance for College
and Higher Education (TEACH) Grant Program Submission Dates for Disbursement Information by Institutions for the
                                        2012-2013 COD Processing Year \1\
----------------------------------------------------------------------------------------------------------------
                                                                                          What are the earliest
             Who submits?                 What is submitted?     Where is it submitted?  submission and deadline
                                                                                            dates for receipt?
----------------------------------------------------------------------------------------------------------------
Institutions.........................  At least one acceptable  To the Student Aid       Earliest Disbursement
                                        disbursement record      Internet Gateway         Date: January 1, 2012.
                                        must be submitted for    (SAIG) or to the        Earliest Submission
                                        each Direct Loan and     Common Origination and   Dates:
                                        TEACH Grant recipient    Disbursement (COD)      An institution may
                                        at the institution.      System using the COD     submit anticipated
                                                                 Web site at:             disbursement
                                                                 www.cod.ed.gov.          information as early
                                                                                          as March 10, 2012.
                                                                                         An institution may
                                                                                          submit actual
                                                                                          disbursement
                                                                                          information as early
                                                                                          as March 10, 2012, but
                                                                                          no earlier than:
                                                                                            (a) 7 calendar days
                                                                                             prior to the
                                                                                             disbursement date
                                                                                             under the advance
                                                                                             payment method;
                                                                                            (b) 7 calendar days
                                                                                             prior to the
                                                                                             disbursement date
                                                                                             under the Cash
                                                                                             Monitoring 1 payment method;
                                                                                             or
                                                                                            (c) The date of
                                                                                             disbursement under
                                                                                             the Reimbursement
                                                                                             or Cash Monitoring
                                                                                             2 payment
                                                                                             methods.
                                                                                         Deadline Submission
                                                                                          Dates:\2\

[[Page 13656]]

 
                                                                                         For disbursements that
                                                                                          occur prior to April
                                                                                          1, 2013 an institution
                                                                                          is required to submit
                                                                                          disbursement
                                                                                          information no later
                                                                                          than 30 calendar days
                                                                                          after the institution
                                                                                          makes a disbursement
                                                                                          or becomes aware of
                                                                                          the need to make an
                                                                                          adjustment to
                                                                                          previously reported
                                                                                          disbursement data; or
                                                                                          For disbursements that
                                                                                          occur on or after
                                                                                          April 1, 2013 an
                                                                                          institution is
                                                                                          required to submit
                                                                                          disbursement
                                                                                          information no later
                                                                                          than 15 calendar days
                                                                                          after the institution
                                                                                          makes a disbursement
                                                                                          or becomes aware of
                                                                                          the need to make an
                                                                                          adjustment to
                                                                                          previously reported
                                                                                          disbursement data.
                                                                                         Note:
                                                                                         Disbursements made
                                                                                          between January 1,
                                                                                          2012 and March 10,
                                                                                          2012 must be reported
                                                                                          not later than 30
                                                                                          calendar days after
                                                                                          March 10, 2012.
----------------------------------------------------------------------------------------------------------------
\1\ A COD Processing Year is a period of time in which institutions are permitted to submit Direct Loan and
  TEACH Grant records to the COD System that are related to a given award year. For a Direct Loan, the period of
  time includes loans that have a loan period covering any day in the 2012-2013 award year. For a TEACH Grant,
  the period of time includes an award for a payment period that includes any day in the 2012-2013 award year.
\2\ Transmissions must be completed and accepted before 12:00 (Eastern Time) midnight to meet the deadline. If
  transmissions are started before 12:00 midnight but are not completed until after 12:00 midnight, those
  transmissions will not meet the deadline. In addition, any transmission submitted on or just prior to the
  deadline date that is rejected may not be reprocessed because the deadline will have passed by the time the
  user gets the information notifying him or her of the rejection.
Note: The COD System must accept origination data for a student from an institution before it accepts
  disbursement information from the institution for that student. Institutions may submit origination and
  disbursement data for a student in the same transmission. However, if the origination data is rejected, the
  disbursement data is rejected.

[FR Doc. 2013-04689 Filed 2-27-13; 8:45 am]
BILLING CODE 4000-01-P]