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FSA Information for Financial Aid Professionals U.S. Department of Education

FSA Information for Financial Aid Professionals U.S. Department of Education

FSA Information for Financial Aid Professionals U.S. Department of Education
 
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Citations: (R)691.73

AsOfDate: 12/31/97

When an institution is terminated under 34 CFR 668.86, the institution shall provide the following information to the Secretary--

  • (a) The name and enrollment status of each eligible student who submitted a valid SAR or for whom the institution

received a valid ISIR before the termination date.

  • (b) The amount of funds the institution paid to each PAS recipient before the termination date.

  • (c) The amount due each student eligible to receive a PAS through the end of the award year.

  • (d) An accounting of PAS expenditures to the date of termination.

(Authority: 20 U.S.C. 1070a-32)