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This guide is intended for use by participants (college fiscal officers, business officers, bursars, loan managers, etc.) in a two-day workshop on Title IV of the reauthorized Higher Education Act. The guide includes copies of the visual displays used in the workshop, space for individual notes, sample forms, sample computer screens, quizzes, and reference material. The workshop and guide both comprise eight sessions, which cover (1) an introduction (primarily highlighting the changes in the Higher Education Act); (2) accounting procedures for Title IV programs (including accounting structure, internal control, and linking the institution's accounting system to reporting requirements); (3) applying for federal campus-based funds (completing each section of the Fiscal Operations Report and Application to Participate (FISAP); (4) grant administration and payment system (using the system to request funds); (5) disbursing Title IV funds (maintaining funds, methods of disbursement, and credit balances); (6) returning Title IV funds (determining when returning funds is required, methods for returning funds, and refunds and repayments); (7) completing the FISAP (when applying specifically for the Federal Perkins Loan Program, the Federal Supplemental Educational Opportunity Grant Program, or the Federal Work-Study Program); and (8) records management (length of time records must be maintained, types of records to maintain, and format and access requirements). DB)

Descriptors: Accounting, Compliance (Legal), Educational Finance, Educational Legislation, Federal Aid, Federal Legislation, Federal Programs, Government School Relationship, Higher Education, Program Implementation, Records (Forms), Staff Development, Student Loan Programs, Workshops

Autor: Department of Education, Washington, DC.


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