PRASFAA 2009 Fall Conference October 16, 2009 1. Year Round Pell Raul M. Galvan Federal Student Aid...
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Transcript of PRASFAA 2009 Fall Conference October 16, 2009 1. Year Round Pell Raul M. Galvan Federal Student Aid...
![Page 1: PRASFAA 2009 Fall Conference October 16, 2009 1. Year Round Pell Raul M. Galvan Federal Student Aid Special Initiative Services 2.](https://reader036.fdocuments.in/reader036/viewer/2022062312/55166834550346b2068b6192/html5/thumbnails/1.jpg)
PRASFAA 2009 Fall Conference
October 16, 2009
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Year Round Pell
Raul M. GalvanFederal Student Aid
Special Initiative Services
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Year Round Pell is a Nickname
Old Law A Pell recipient will receive up to ONE scheduled award in an
award year
New Law A Pell recipient will receive up to TWO scheduled awards in an
award year
Effective 2009-10 award year funds
PRWR2SAAY
YRP
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Year Round Pell
• The Statute HEOA
• Guidance for 2009-10– GEN 08-12– Webinars and presentations
• NPRM – PROPOSED!!
• Final Regs expected November 1, 2009– Effective 2010-11
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Year-Round Pell Grant
• Students may receive up to two scheduled Pell Grants during an award year– For receipt of the first scheduled award,
student may be at any enrollment status– For receipt of any money beyond the first
scheduled award, student must be enrolled at least half-time
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Term-Based Calculation BeforeYear-Round Pell Grant
Old Rule: One Scheduled Award per Award YearStudent’s Scheduled Award is $4,000 in both award years
Spring 2010$2,000
Summer 2010$2,000
Fall 2009$2,000
Fall 2010$2,000
2009-10 Award Year
2010-11 Award Year
Spring 2011$0.00
100% 2009-10 AY
100% 2010-11 AY
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Term-Based Year-Round Pell Grant
Spring 2010$2,000
Fall 2010$2,000
Fall 2009$2,000
Spring 2011$2,000
2009-10 Award Year
2010-11 Award Year
Summer 2011$2,000
Summer 2010$2,000
150% 2009-10 AY
150% 2010-11 AY
New Rule: Up to Two Scheduled Awards per Award YearStudent’s Scheduled Award is $4,000 in both award years
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Term-Based Year-Round Pell Grant
New Rule: Up to Two Scheduled Awards per Award YearStudent’s Scheduled Award is $4,000 for the award year
Fall 2009$2,000
Summer 2010$2,000
Summer 2009$2,000
2009-10 Award Year
Spring 2010$2,000
200% 2009-10 AY
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One Scheduled Award Per Award Year
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One Scheduled Award’s Funds Spent on Academic Year
One Scheduled Award’s Funds Available for Award Year
Academic Year
Award Year
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Two Scheduled Awards Per Award Year
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1st Scheduled Award’s Funds Spent on AY Year
Academic Year
Two Scheduled Awards’ Funds Available for Award Year
Award Year
2nd Scheduled Award’s Funds available when 1st is spent
Academic Year
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Two Scheduled Awards Per Award Year
• Crossover payment periods will still exist– Starts in one award year and ends in the next
• Pell funds are linked to an award year– G5 must know what year’s funds are being drawn
down
• Student must be eligible for that year’s funds– Pell eligible ISIR
Effective July 1, 2009
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Year-Round Pell Grant
• Effective with the 2009-2010 award year– 09/10 maximum scheduled award is $5,350– For receipt of the first scheduled award,
student may be at any enrollment status– For receipt of money from the second
scheduled award, student must be enrolled at least half-time
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Year-Round Pell Grant
• Schools will continue to calculate the payment using scheduled award for award year – Not two scheduled awards
• Schools will be able to pay a student up to a maximum of 200% of the scheduled award for the award year
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Year-Round PellSummer 2009 Implementation
• Summer 2009 is cross-over term if it includes both
6/30/09 & 7/01/09 • School has option:
– Use 2008-2009 funds
• Pay using student’s remaining 08/09 scheduled award
OR
• Not pay because student has no 08/09 scheduled award remaining
OR
– Use 2009-2010 funds• Pay using student’s 09/10 scheduled award
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Year-Round PellSummer Mini-Sessions
• Standard term programs using Pell formula 1 or 2 count the summer term as a standard term– May consist of mini-summer terms/sessions which are
combined and handled like a standard term– Full-time for the combined summer terms/sessions must
be defined as 12 credits– Length of summer terms/sessions does not matter
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Year-Round PellSummer Mini-Sessions
• School with standard terms has 4 summer mini-sessions • Session I: May 4 – June 5• Session II: May 18 - June 19• Session III: June 8 – July 10• Session IV: July 6 – Aug 7
• School combines all 4 sessions into one 14 week summer term (May 4 – Aug 7)
• Summer is a crossover payment period• Students may take courses in any session and still are
enrolled in the combined summer term 16
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Year-Round PellSummer Mini-Sessions
• Student A enrolls only in Sessions I and II• May 4 – June 19
• Student B enrolls only in Sessions III and IV• June 8 - August 7
• Student C enrolls only in Session IV• All are considered to be enrolled in combined term that
starts May 4 and ends August 7 • Assuming valid ISIR for both 08/09 and 09/10, may
be paid Pell from either award year
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May 18 toJune 19
May 4 to Jun 5
Student A: Attends only Sessions I and II
July 6 toAug 7
June 8 to July 1
All mini-sessions combined as one standard term
Student B: Attends only Sessions III and IV
08-09 award yearJuly 1, 2009 09-10 award year
All mini-sessions combined as one standard term
July 6 toAug 7
All mini-sessions combined as one standard term
Student C: Attends only Session IV
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Year-Round PellSummer Mini-Sessions
• Nonstandard term programs using Pell formula 3– Do not combine mini-summer
terms/modules– Full-time for the mini-summer
terms/modules is not defined as 12 credits– Length of summer terms/modules does
matter for determining amount of Pell
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May 18 toJune 19
May 4 to Jun 5
Student A: Attends only Sessions I and II
July 6 toAug 7
June 8 to July 1
All mini-sessions combined as one standard term
Student B: Attends only Sessions III and IV
08-09 award yearJuly 1, 2009 09-10 award year
All mini-sessions combined as one standard term
July 6 toAug 7
All mini-sessions combined as one standard term
Student C: Attends only Sessions IV
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COD and Year-Round Pell
• New field added to COD record– Additional Eligibility Indicator (AEI)
• School sets AEI to “true” on origination record when awarding any part of second scheduled award
• AEI student will not trigger POP MRR but will trigger concurrent enrollment MRR
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Proposed Regulations for 2010-11
• NPRM published August 21, 2009
• Comment period has closed
• Final will be published on or about November 1, 2009
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NPRM - Year Round Pell
• To receive a second scheduled award, student must– Successfully complete credit or clock hours
of the first academic year in the award year– Enroll in an eligible program leading to a
bachelor’s or associate degree or other recognized educational credential
– Enroll at least as a half-time student
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NPRM - Year Round Pell
• School may waive requirement to complete hours of the academic year – Must be due to circumstances beyond the
student’s control– Must be determined and documented on
individual basis– May include circumstances such as illness or
classes not offered• Does not include withdrawing to avoid a grade or
failing to register for offered class
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NPRM - Year Round Pell: Transfers
• Assume completed first academic year if received all of first Scheduled Award at prior institution– If less than first Scheduled Award was
received, assumption that student completed the same ratio of the academic year as the % of Pell received
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NPRM - Year Round Pell: Crossovers
• Full-time or three-quarter-time– Must assign a crossover payment period to
award year in which student receives greater payment at time payment is initially calculated
– Must reassign if subsequent information shows greater payment would result
• Half-time or less– May assign to either year
• Must assign if student requests to maximize benefits over 2 award years
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NPRM - Year Round Pell: Payment from Second Award
• Payment for payment period is greater than balance of first Scheduled award
• Payment is remaining amount of first Scheduled Award plus an amount from second Scheduled Award for the balance of the payment
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Other Pell Issues
Not Related to YRP
Effective This Year or Earlier
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Maximum Duration of Eligibility
• Limits Pell eligibility to 18 semesters – Department equivalent is 9 scheduled awards
• Applies only to students who are first-time Pell recipients in the 2008-2009 award year or after – Students enrolled less than full-time will be
assessed at the fractional enrollment status
•
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Maximum Duration of Eligibility
• COD will track student usage
– Percentage used available in COD and NSLDS
beginning July 2009 and will appear on the
ISIR beginning in 2010-2011
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Maximum Duration of Eligibility
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Fall 2009TQT
Fall 2010HT
Summer 2014FT
Fall 2014FT
Spring 2015FT
Fall 2008FT
Spring 2009FT
Spring 2010TQT
Summer 2010TQT
Student’s Pell disbursements based
Percentage Used on enrollment status per payment period
787.5%
= 100%
Summer 2011HT
Fall 2011HT
Fall 2015FT
Summer 2015FT
200%
Spring 2016FT
Summer 2016FT
Fall 2016FT
112.5%
75%
150%
Spring 2017FT
Summer 2017FT
150%
=
=
=
=
=
2008-09
2009-10
2014-15
2010-11
2015-16
2016-17
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Maximum Pell Eligibility For Dependents of Military Personnel Killed in Iraq/Afghanistan
• Effective 2009-2010 only for those who have Pell eligible EFC on processed FAFSA
• Match with Defense in progress– Until match in place
• New field added to COD website – Post 9-11 Deceased Veteran Dependent
Indicator32
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Contact Info
• Raul Galvan
• Special Initiative Services
• United States Department of Education
• Federal Student Aid
• Dallas Regional Office
• 214 661 9455