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2006-2007 FSA Handbook Vol. 6 Managing Campus Based ProgramsIntroduction....................................................................................iChapter 1, Participation, Fiscal Procedures & Records..............1
PROGRAM PARTICIPATION AGREEMENT .............................................................................................1FISAP..............................................................................................................................................................2ALLOCATION OF FUNDS...........................................................................................................................3TRANSFER OF CAMPUS-BASED FUNDS...............................................................................................6FSEOG AND FWS CARRY FORWARD/CARRY BACK...........................................................................8FEDERAL SHARE LIMITATION ..................................................................................................................9NONFEDERAL SHARE............................................................................................................................. 12USE OF FWS ALLOCATED FUNDS........................................................................................................ 15CAMPUS-BASED RECORDKEEPING.................................................................................................... 17PERKINS REIMBURSEMENT & ASSIGNMENT.................................................................................... 23ADMINISTRATIVE COST ALLOWANCE (ACA)................................................................................... 25CERTIFICATIONS A SCHOOL MUST SUBMIT TO THE DEPARTMENT .......................................... 26
Chapter 2, Operating a Federal Work-Study Program..............27
ASSIGNING FWS JOBS............................................................................................................................ 27EMPLOYMENT CONDITIONS AND LIMITATIONS............................................................................. 27COMMUNITY SERVICE JOBS................................................................................................................. 29ESTABLISHING FWS COMMUNITY SERVICE JOBS........................................................................... 30LIST OF AGENCIES, INSTITUTIONS, AND ACTIVITIES INCLUDED IN THE DEFINITION OFCOMMUNITY SERVICES......................................................................................................................... 32WORK ON CAMPUS................................................................................................................................. 34EMPLOYMENT IN A FOREIGN COUNTRY........................................................................................... 36WORK FOR PROPRIETARY SCHOOL.................................................................................................... 36STUDENT SERVICES................................................................................................................................ 36WORK OFF CAMPUS............................................................................................................................... 37OFF-CAMPUS AGREEMENTS................................................................................................................ 39EMPLOYING FWS STUDENTS AS TUTORS......................................................................................... 41JOB LOCATION AND DEVELOPMENT PROGRAM............................................................................ 45WORK-COLLEGES PROGRAM ............................................................................................................... 48
Appendix A Model Off-Campus AgreementAppendix B Need Assessment for FWS Community ServiceProgram
 
Chapter 3, Making Perkins Loans..............................................51
MAKING A PERKINS LOAN..................................................................................................................... 51LOAN TYPES AND MAXIMUMS............................................................................................................ 51DISCLOSURE TO STUDENTS.................................................................................................................. 52PROMISSORY NOTE..................................................................................................................................54
Chapter 4, Perkins Repayment, Forbearance, Deferment, andCancellation.............................................................................61
PREPAYMENT............................................................................................................................................ 63INTEREST ACCRUAL................................................................................................................................ 63ESTABLISHING A REPAYMENT PLAN................................................................................................... 64MINIMUM MONTHLY REPAYMENT AMOUNTS................................................................................ 65PAYMENT PROCESSING.......................................................................................................................... 67INCENTIVE REPAYMENT PROGRAM.................................................................................................... 67ESTABLISHING REPAYMENT DATES.................................................................................................... 68DISCHARGING PERKINS LOANS........................................................................................................... 70FORBEARANCE......................................................................................................................................... 75DEFERMENT.............................................................................................................................................. 76PERKINS CANCELLATION ...................................................................................................................... 86CANCELLATION RESTRICTIONS........................................................................................................... 87U.S. ARMY LOAN REPAYMENT PROGRAM......................................................................................... 96DEFINITIONS............................................................................................................................................. 97
Chapter 5, Perkins Billing, Collection, and Default................101
PERKINS COLLECTION REQUIREMENTS..........................................................................................101EXIT INTERVIEWS...................................................................................................................................101DISCLOSURE OF REPAYMENT INFORMATION................................................................................103CONTACT DURING GRACE PERIODS................................................................................................104BILLING PROCEDURES AND OVERDUE PAYMENTS......................................................................105BILLING AND COLLECTION COSTS...................................................................................................113USING BILLING AND COLLECTION FIRMS......................................................................................115DEFAULT STATUS AND PERKINS ELIGIBILITY .................................................................................116PERKINS ASSIGNMENT.........................................................................................................................118DEFAULT REDUCTION ASSISTANCE PROGRAM ............................................................................119PERKINS COHORT DEFAULT RATES...................................................................................................120PENALTIES FOR HIGH COHORT DEFAULT RATES..........................................................................122
 
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MANAGINGCAMPUS-BASEDPROGRAMS
Introduction
The Federal Perkins Loan, Federal Supplemental Educational OpportunityGrant (FSEOG), and Federal Work-Study (FWS) programs are called “campus-based” programs because each school is responsible for administering them on itsown campus. This volume gives guidance on issues specific to the administrationof the campus-based programs.
FEDERAL PERKINS LOAN PROGRAM
The Federal Perkins Loan Program includes Federal PerkinsLoans, National Direct Student Loans (NDSLs), and NationalDefense Student Loans (Defense Loans). No new Defense Loanswere made after July 1, 1972, but a few are still in repayment.Perkins Loans and NDSLs are low interest (currently 5%), long-term loans made through school financial aid offices to help needyundergraduate and graduate students pay for postsecondaryeducation.
FEDERAL SUPPLEMENTAL EDUCATIONALOPPORTUNITY GRANT PROGRAM
The purpose of the Federal Supplemental EducationalOpportunity Grant (FSEOG) Program is to encourage schools toprovide grants to exceptionally needy undergraduate students tohelp pay for postsecondary education. This provision is in Section413C(c)(2) of the Higher Education Act of 1965, as amended.Giving priority to applicants with exceptional financial need, schoolsselecting FSEOG recipients must use the selection criteria discussedin Volume 3, chapter 5.
FEDERAL WORK-STUDY PROGRAM (FWS)
Through the FWS Program, undergraduate and graduatestudents work part time to help pay for the cost of their education.Schools must use 7% of their FWS Program funds to compensatestudents employed in community service jobs.
RECENT CHANGES
Organization Change
For 2006-2007, the campus-based volumes of the FSA Handbook retain the process-centric organization that was first introduced in
Recent budget reconciliationlegislation
Guidance implementing the recent legisla-tion pertaining to Title IV programs in thebudget reconciliation act is not containedin the 2006-2007 FSA Handbook. The De-partment is working on guidance whichwill be released as soon as possible.

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