Volume 1 includes student eligibility requirements and additional eligibility requirements for specific FSA programs. Volume 2 includes institutional and program eligibility requirements, administrative and audit requirements, updating the E-App, consumer information requirements, record keeping and Program Review information.
Make sure you review each volume for any “new” requirements, which are sometimes just a new interpretation by the U.S. Department of Education or changes in procedures. You will want to pay close attention to the sidebars as they contain important information such as regulatory references and links.
In Volume 1, there have been changes in areas such as diplomas, immigration documents and Unusual Enrollment History (UEH). Many of the changes mentioned in Volume 2 are found in Chapter 6, Consumer Information. Therefore, it is important to review and update your documentation, policies and/or procedures, as necessary, in order to be compliant with federal requirements.
