Professional Documents
Culture Documents
Directions:
The file review activity is designed to test your disbursement procedures for Title IV Recipients. For this
activity, please pull a sample of at least 10 students who received Title IV funds and complete the
worksheet for each student in your sample. You may want to consider pulling a sample of Federal Pell
Grant Recipients since most Pell recipients will also receive other Title IV programs.
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FiFF Management: Activity 4: File Review Worksheet
disbursement requirements? Y N
Fe d e r a l P e l l G r a n t Ye s No ACG Yes No
Federal Pell Recipient
Rigorous H.S. Program
This student’s eligibility reviewed at time of 1st or 2nd year student
disbursement 690.75(a) 3.0 cum. GPA end of first year
Pell Disbursements for the Award Year Reviewed:
National SMART Yes No
1st Payment Period $_______ 2nd Payment Period
Federal Pell Grant Recipient
$_______
Eligible Major
3rd Payment Period $_______ 4th Payment Period $
2nd or 3rd year student
_______
3.0 cum. GPA end
Proper notification was made regarding the amount to
of each payment period
be paid, the method, and pickup date if paying by check
Proration
1st Payment Period $_______ 2nd Payment Period $_______
3rd Payment Period $_______ 4th Payment Period $ _______
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FiFF Management: Activity 4: File Review Worksheet
FSEOG Ye s No FWS Ye s No
FSEOG Disbursements for the Award Year Reviewed:
1st Payment Period $______ 2nd Payment Period $______
3rd Payment Period $______ 4th Payment Period $ Total amount of FWS received _______
______ Has this amount been reconciled? Yes___ No___
Pell eligible student This student was paid on an hourly basis only (Graduate
Portion of FSEOG disbursed during each payment period students can be paid either hourly or salary) 675.24
676.16 The student is paid at least once per month for work
Followed rules for single disbursements, if applicable performed
676.16 The supervisor has signed all timesheets 675.19(i)
Followed rules for uneven costs/unequal disbursements, The school monitored this student’s FWS earnings 675.19
if applicable 676.16
FSEOG disbursements for this student acceptable FWS disbursements for this student acceptable under
under program regulations? Y N program regulations? Y N
Fe d e r a l P e r k i n s L o a n D i s b u r s e m e n t s
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FiFF Management: Activity 4: File Review Worksheet
Federal Perkins disbursements for this student acceptable under program regulations?
Y N
FFEL & Direct Loan Pre- FFEL & Direct Loan Disbursement
Disbursement
FFEL/Direct Loan Disbursements for the Award Year Reviewed:
Date of Entrance Counseling: ____/____/____
$___________ 1st Payment Period
682.604(f); 685.304
$___________ 2nd Payment Period
Certified/Originated Correctly
$___________ 3rd Payment Period
Eligibility of borrower confirmed before loan
disbursement 682.604(b)(2)(i); $___________ 4th Payment Period
685.303(b)(2)(i)
The borrower is enrolled at least half-time Proper disbursement procedures followed 682.207(c-e);
668.32(a)(2); 682.604(b)(2)(iv); 685.301(b)(2)
685.303(b)(2)(iv)
30 day delay requirement met for first-time, first-year
Financial Aid History received before borrowers 682.604; 685.303(b)(4)
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FiFF Management: Activity 4: File Review Worksheet
disbursement 668.19
Proper disbursement notifications made
Prorated Correctly
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