[Federal Register Volume 89, Number 181 (Wednesday, September 18, 2024)]
[Notices]
[Pages 76459-76464]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-21219]


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DEPARTMENT OF EDUCATION


2024-2025 Award Year Deadline Dates for Reports and Other Records 
Associated With the Free Application for Federal Student Aid (FAFSA), 
the Federal Supplemental Educational Opportunity Grant Program (FSEOG) 
Program, the Federal Work-Study (FWS) Program, the Federal Pell Grant 
(Pell Grant) Program, the William D. Ford Federal Direct Loan (Direct 
Loan) Program, and the Teacher Education Assistance for College and 
Higher Education (TEACH) Grant Program

AGENCY: Federal Student Aid, Department of Education.

ACTION: Notice.

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SUMMARY: The Secretary announces deadline dates for the receipt of 
documents and other information from applicants and institutions 
participating in certain Federal student aid programs authorized under 
title IV of the Higher Education Act of 1965, as amended (HEA), for the 
2024-2025 award year. These programs, administered by the Department of 
Education (Department), provide financial assistance to students 
attending eligible postsecondary educational institutions to help them 
pay their educational costs.
    The Federal student aid programs (title IV, HEA programs) covered 
by this deadline date notice are the Pell Grant, Direct Loan, TEACH 
Grant, and Campus-Based (FSEOG and FWS) programs.
    Assistance Listing Numbers: 84.007 FSEOG Program; 84.033 FWS 
Program; 84.063 Pell Grant Program; 84.268 Direct Loan Program; and 
84.379 TEACH Grant Program.

DATES: Deadline and Submission Dates: See Tables A and B at the end of 
this notice.

FOR FURTHER INFORMATION CONTACT: Linnea Hengst, U.S. Department of 
Education, Federal Student Aid, 830 First Street NE, Union Center 
Plaza, Room 114B4, Washington, DC 20202-5345. Telephone: (202) 377-
3165. Email: [email protected].
    If you are deaf, hard of hearing, or have a speech disability and 
wish to access telecommunications relay services, please dial 7-1-1.

SUPPLEMENTARY INFORMATION: 
    Table A--2024-2025 Award Year Deadline Dates by Which a Student 
Must Submit the FAFSA, by Which the Institution Must Receive the 
Student's Institutional Student Information Record (ISIR) or FAFSA 
Submission Summary, and by Which the Institution Must Submit 
Verification Outcomes for Certain Students.
    Table A provides information and deadline dates for receipt of the 
FAFSA, corrections to and signatures for the FAFSA, ISIRs, and FAFSA 
Submission Summary, and verification documents.
    The deadline date for the receipt of a FAFSA by the Department's 
FAFSA Processing System (FPS) is June 30, 2025, regardless of the 
method that the applicant uses to submit the FAFSA. The deadline date 
for the receipt of corrections, notices of change of address or 
institution, or requests for a duplicate FAFSA Submission Summary is 
September 13, 2025.
    For all title IV, HEA programs, an ISIR or FAFSA Submission Summary 
for the student must be received by the institution no later than the 
student's last date of enrollment for the 2024-2025 award year or 
September 20, 2025, whichever is earlier. Note that a FAFSA must be 
submitted and an ISIR or FAFSA Submission Summary received for the 
dependent student for whom a parent is applying for a Direct PLUS Loan.
    Except for students selected for Verification Tracking Groups V4 
and V5, verification documents must be received by the institution no 
later than 120 days after the student's last date of enrollment for the 
2024-2025 award year or September 20, 2025, whichever is earlier. For 
students selected for Verification Tracking Groups V4 and V5, 
institutions must submit identity verification results no later than 60 
days following the institution's first request to the student to submit 
the documentation, or when the FAFSA Partner Portal (FPP) Verification 
of Identity function is made available for the 2024-2025 Award Year, 
whichever is later.
    For all title IV, HEA programs except for (1) Direct PLUS Loans 
that will be made to parent borrowers, and (2) Direct Unsubsidized 
Loans that will be made to dependent students who have been determined 
by the institution, pursuant to section 479A(a) of the HEA, to be 
eligible for such a loan without providing parental information on the 
FAFSA, the ISIR or FAFSA Submission Summary must have an official 
Student Aid Index (SAI) and the ISIR or FAFSA Submission Summary must 
be received by the institution no later than the earlier of the 
student's last date of enrollment for the 2024-2025 award year or 
September 20, 2025. For the two exceptions mentioned above, the ISIR or 
FAFSA Submission Summary must be received by the institution by the 
same dates noted in this paragraph but the ISIR or FAFSA Submission 
Summary is not required to have an official SAI.
    For a student who is requesting aid through the Pell Grant, FSEOG, 
or FWS programs or for a student requesting Direct Subsidized Loans, 
who does not meet the conditions for a late disbursement under 34 CFR 
668.164(j), a valid ISIR or valid FAFSA Submission Summary must be 
received by the institution by the student's last date of enrollment 
for the 2024-2025 award year or September 20, 2025, whichever is 
earlier. Additionally, for the 2024-2025 Award Year, the Department is 
providing additional flexibilities for students who applied via the 
paper FAFSA form and were enrolled only for the 2024 summer term. An 
institution that receives an ISIR for a student who was enrolled for 
the summer term and is no longer enrolled, and who, if not for the 
delay of the processing of paper FAFSA forms, would have otherwise been 
eligible to receive title IV program funds, may still award and 
disburse the funds, subject to all other late disbursement 
requirements. For this exception to apply, the ISIR or FAFSA Submission 
Summary must have an Application Receipt Date on or before the 
student's last date of enrollment for the summer term but the ISIR or 
FAFSA Submission Summary is not required to have an official SAI.
    In accordance with 34 CFR 668.164(j)(4)(i), an institution may not 
make a late disbursement of title IV, HEA program funds later than 180 
days

[[Page 76460]]

after the date of the institution's determination that the student was 
no longer enrolled. Table A provides that, to make a late disbursement 
of title IV, HEA program funds, an institution must receive a valid 
ISIR or valid FAFSA Submission Summary no later than 180 days after its 
determination that the student was no longer enrolled, but not later 
than September 20, 2025.
    Table B--2024-2025 Award Year Deadline Dates By Which an 
Institution Must Submit Disbursement Information For the Pell Grant, 
Direct Loan, and TEACH Grant Programs.
    For the Pell Grant, Direct Loan, and TEACH Grant programs, Table B 
provides the earliest disbursement date, the earliest dates for 
institutions to submit disbursement records to the Department's Common 
Origination and Disbursement (COD) System, and deadline dates by which 
institutions must submit disbursement and origination records.
    For the 2024-25 Award Year, an institution must submit Pell Grant, 
Direct Loan, and TEACH Grant disbursement records to COD, no later than 
November 30, 2024 or 15 days after making the disbursement or becoming 
aware of the need to adjust a previously reported disbursement, 
whichever is later. In accordance with 34 CFR 668.164(a), title IV, HEA 
program funds are disbursed on the date that the institution: (a) 
credits those funds to a student's account in the institution's general 
ledger or any subledger of the general ledger; or (b) pays those funds 
to a student directly. Title IV, HEA program funds are disbursed even 
if an institution uses its own funds in advance of receiving program 
funds from the Department.
    An institution's failure to submit disbursement records within the 
required timeframe may result in the Department rejecting all or part 
of the reported disbursement. Such failure may also result in an audit 
or program review finding or the initiation of an adverse action, such 
as a fine or other penalty for such failure, in accordance with subpart 
G of the General Provisions regulations in 34 CFR part 668.
    Deadline Dates for Enrollment Reporting by Institutions.
    In accordance with 34 CFR 674.19(f), 682.610(c), 685.309(b), and 
690.83(b)(2), upon receipt of an enrollment report from the Secretary, 
institutions must update all information included in the report and 
return the report to the Secretary in a manner and format prescribed by 
the Secretary and within the timeframe prescribed by the Secretary. 
Consistent with the National Student Loan Data System (NSLDS) 
Enrollment Reporting Guide, the Secretary has determined that 
institutions must report at least every two months. Institutions may 
find the NSLDS Enrollment Reporting Guide in the ``Knowledge Center'' 
via Federal Student Aid's (FSA) Partner Connect website at: https://fsapartners.ed.gov/knowledge-center.
    Other Sources for Detailed Information.
    We publish a detailed discussion of the FAFSA application process 
in the Application and Verification Guide volume of the 2024-2025 
Federal Student Aid Handbook and in Volume 6 of the 2024-2025 FAFSA 
Specifications Guide.
    Information on the institutional reporting requirements for the 
Pell Grant, Direct Loan, Federal Work-Study, and TEACH Grant programs 
is included in the 2024-2025 Common Origination and Disbursement (COD) 
Technical Reference. Also, see the NSLDS Enrollment Reporting Guide.
    You may access these publications by visiting the ``Knowledge 
Center'' via FSA's Partner Connect website at: https://fsapartners.ed.gov/knowledge-center.
    Additionally, the 2024-2025 award year reporting deadline dates for 
the Federal Perkins Loan, FWS, and FSEOG programs were published in the 
Federal Register on January 23, 2024 (89 FR 4284).
    Applicable Regulations: The following regulations apply:
    (1) Student Assistance General Provisions, 34 CFR part 668.
    (2) Federal Pell Grant Program, 34 CFR part 690.
    (3) William D. Ford Direct Loan Program, 34 CFR part 685.
    (4) Teacher Education Assistance for College and Higher Education 
Grant Program, 34 CFR part 686.
    (5) Federal Work-Study Programs, 34 CFR part 675.
    (6) Federal Supplemental Education Opportunity Grant Program, 34 
CFR part 676.
    Accessible Format: On request to the program contact person listed 
under FOR FURTHER INFORMATION CONTACT, individuals with disabilities 
can obtain this document in an accessible format. The Department will 
provide the requestor with an accessible format that may include Rich 
Text Format (RTF) or text format (txt), a thumb drive, an MP3 file, 
braille, large print, audiotape, or compact disc, or other accessible 
format.
    Electronic Access to This Document: The official version of this 
document is the document published in the Federal Register. You may 
access the official edition of the Federal Register and the Code of 
Federal Regulations at www.govinfo.gov. At this site you can view this 
document, as well as all other Department documents published in the 
Federal Register, in text or Portable Document Format (PDF). To use PDF 
you must have Adobe Acrobat Reader, which is available free at the 
site.
    You may also access Department documents published in the Federal 
Register by using the article search feature at 
www.federalregister.gov. Specifically, through the advanced search 
feature at this site, you can limit your search to documents published 
by the Department.
    Program Authority: 20 U.S.C. 1070a, 1070b-1070b-4, 1070g, 1070h, 
1087a-1087j, 1087aa-1087ii, and 1087-51-1087-58.

Denise Carter,
Acting Chief Operating Officer, Federal Student Aid.

 Table A--2024-2025 Award Year Deadline Dates by Which a Student Must Submit the FAFSA, by Which the Institution
 Must Receive the Student's Institutional Student Information Record (ISIR) or FAFSA Submission Summary, and by
                  Which the Institution Must Submit Verification Outcomes for Certain Students
----------------------------------------------------------------------------------------------------------------
                                                                                           What is the deadline
             Who submits?                 What is submitted?     Where is it submitted?     date for receipt?
----------------------------------------------------------------------------------------------------------------
Student..............................  fafsa.gov">FAFSA--fafsa.gov         Electronically to the    June 30, 2025.
                                        (original or renewal).   Department's FAFSA
                                                                 Processing System
                                                                 (FPS).
Student..............................  A paper original FAFSA.  To the address printed   June 30, 2025.
                                                                 on the FAFSA.

[[Page 76461]]

 
Student..............................  Electronic corrections   Electronically to the    September 13, 2025.\1\
                                        to the FAFSA using       Department's FPS.
                                        fafsa.gov.
Student through an Institution.......  Electronic corrections   Electronically to the    September 13, 2025.\1\
                                        to the FAFSA.            Department's FPS using
                                                                 ``FAFSA Partner
                                                                 Portal''.
Student..............................  Paper corrections to     To the address printed   September 13, 2025.
                                        the FAFSA using a        on the FAFSA
                                        FAFSA Submission         Submission Summary.
                                        Summary, including
                                        change of mailing and
                                        email addresses and
                                        change of institutions.
Student..............................  A FAFSA Submission       To the institution.....  The earlier of:
                                        Summary with an                                  --The student's last
                                        official SAI                                      date of enrollment for
                                        calculated by the                                 the 2024-2025 award
                                        Department's FPS,                                 year; or
                                        except for Parent PLUS                           --September 20,
                                        Loans and Direct                                  2025.\2\
                                        Unsubsidized Loans
                                        made to a dependent
                                        student under HEA
                                        section 479A(a), for
                                        which the FAFSA
                                        Submission Summary
                                        does not need to have
                                        an official SAI.
Student through FPS..................  An ISIR with an          To the institution from
                                        official SAI             the Department's FPS.
                                        calculated by the
                                        Department's FPS,
                                        except for Parent PLUS
                                        Loans and Direct
                                        Unsubsidized Loans
                                        made to a dependent
                                        student under HEA
                                        section 479A(a), for
                                        which the ISIR does
                                        not need to have an
                                        official SAI.
Student..............................  Valid FAFSA Submission   To the institution.....  Except for a student
                                        Summary (Pell Grant,                              meeting the conditions
                                        FSEOG, FWS, and Direct                            for a late
                                        Subsidized Loans).                                disbursement under 34
                                                                                          CFR 668.164(j), the
                                                                                          earlier of:
                                                                                         --The student's last
                                                                                          date of enrollment for
                                                                                          the 2024-2025 award
                                                                                          year; or
                                                                                         --September 20,2025.\2\
Student through FPS..................  Valid ISIR (Pell Grant,  To the institution from
                                        FSEOG, FWS, and Direct   the Department's FPS.
                                        Subsidized Loans).
Student..............................  Valid FAFSA Submission   To the institution.....  For a student receiving
                                        Summary (Pell Grant,                              a late disbursement
                                        FSEOG, FWS, and Direct                            under 34 CFR
                                        Subsidized Loans).                                668.164(j)(4)(i), the
                                                                                          earlier of:
                                                                                         --180 days after the
                                                                                          date of the
                                                                                          institution's
                                                                                          determination that the
                                                                                          student withdrew or
                                                                                          otherwise became
                                                                                          ineligible; or
                                                                                         --September 20,
                                                                                          2025.\2\
Student through FPS..................  Valid ISIR (Pell Grant,  To the institution from
                                        FSEOG, FWS, and Direct   the Department's FPS.
                                        Subsidized Loans).
Student..............................  Verification documents.  To the institution.....  The earlier of: \3\
                                                                                         --120 days after the
                                                                                          student's last date of
                                                                                          enrollment for the
                                                                                          2024-2025 award year;
                                                                                          or
                                                                                         --September 20,
                                                                                          2025.\2\

[[Page 76462]]

 
Institution..........................  Identity verification    Electronically to the    The later of:
                                        results for a student    Department's FPS using  --60 days following the
                                        selected for             ``FAFSA Partner          institution's first
                                        verification by the      Portal''.                request to the student
                                        Department and placed                             to submit the required
                                        in Verification                                   V4 or V5 identity
                                        Tracking Group V4 or                              documentation; or
                                        V5.                                              --when the FAFSA
                                                                                          Partner Portal (FPP)
                                                                                          Verification of
                                                                                          Identity function is
                                                                                          made available for the
                                                                                          2024-2025 Award
                                                                                          Year.\4\
----------------------------------------------------------------------------------------------------------------
\1\ The deadline for electronic transactions is 11:59 p.m. (Central Time) on the deadline date. Transmissions
  must be completed and accepted before 12:00 midnight to meet the deadline. If transmissions are started before
  12:00 midnight but are not completed until after 12:00 midnight, those transmissions do not meet the deadline.
  In addition, any transmission submitted on or just prior to the deadline date that is rejected may not be
  reprocessed because the deadline will have passed by the time the user gets the information notifying them of
  the rejection.
\2\ The date the ISIR/FAFSA Submission Summary transaction was processed by FPS is considered to be the date the
  institution received the ISIR or FAFSA Submission Summary regardless of whether the institution has downloaded
  the ISIR from its Student Aid Internet Gateway (SAIG) mailbox or when the student submits the FAFSA Submission
  Summary to the institution. For the 2024-25 Award Year, as published by the Department in the July 30, 2024
  Electronic Announcement (GENERAL-24-94), institutions have additional flexibilities for students who applied
  via the paper FAFSA form and were enrolled only for the 2024 summer term. An institution may still award and
  disburse funds for a student that is no longer enrolled for the 2024-25 Award Year if the following criteria
  are met: (a) the institution receives an ISIR or FAFSA Submission Summary for the student; (b) the student
  applied via the paper FAFSA form; (c) the student was enrolled during the 2024 summer term but is no longer
  enrolled; (d) the Application Receipt Date on the ISIR or FAFSA Submission Summary is on or before the
  student's last date of enrollment; and (3) the student was otherwise eligible to receive title IV program
  funding, subject to all other late disbursement requirements. For more information, please visit: https://fsapartners.ed.gov/knowledge-center/library/electronic-announcements/2024-07-30/updates-2024-25-fafsa-paper-processing processing.
\3\ Although the Secretary has set this deadline date for the submission of verification documents, if
  corrections are required, deadline dates for submission of paper or electronic corrections and, for Pell Grant
  applicants and applicants selected for verification, deadline dates for the submission of a valid FAFSA
  Submission Summary or valid ISIR to the institution must still be met. An institution may establish an earlier
  deadline for the submission of verification documents for purposes of the campus-based programs and the Direct
  Loan Program, but it cannot be later than this deadline date.
\4\ Note that changes to previously submitted Identity Verification Results must be updated within 30 days of
  the institution becoming aware that a change has occurred.


  Table B--2024-2025 Award Year Deadline Dates by Which an Institution Must Submit Disbursement Information for
                            the Pell Grant, Direct Loan and TEACH Grant Programs \1\
----------------------------------------------------------------------------------------------------------------
                                                                                                What are the
                                                        Under what                             deadlines for
        Which program?               What is       circumstances is it      Where is it     disbursement and for
                                   submitted?           submitted?          submitted?     submission of records
                                                                                              and information?
----------------------------------------------------------------------------------------------------------------
Pell Grant, Direct Loan, and    An origination    The institution has    To the Common     The earliest
 TEACH Grant Programs.           or disbursement   made or intends to     Origination and   disbursement date
                                 record.           make a disbursement.   Disbursement      for the Pell Grant
                                                                          (COD) System      is January 31, 2024.
                                                                          using the        The earliest
                                                                          Student Aid       disbursement date
                                                                          Internet          for Direct Loan
                                                                          Gateway (SAIG);   Program is October
                                                                          or to the COD     1, 2023.
                                                                          System using     The earliest
                                                                          the COD website   disbursement date
                                                                          at: https://      for TEACH Grant
                                                                          cod.ed.gov.       Program is January
                                                                                            1, 2024.
                                                                                           The earliest
                                                                                            submission date for
                                                                                            anticipated
                                                                                            disbursement
                                                                                            information is April
                                                                                            21, 2024.
                                                                                           The earliest
                                                                                            submission date for
                                                                                            actual disbursement
                                                                                            information is April
                                                                                            21, 2024, but no
                                                                                            earlier than:
                                                                                           (a) 7 calendar days
                                                                                            prior to the
                                                                                            disbursement date
                                                                                            under the advance
                                                                                            payment method or
                                                                                            the Heightened Cash
                                                                                            Monitoring Payment
                                                                                            Method 1 (HCM1); or
                                                                                           (b) The disbursement
                                                                                            date under the
                                                                                            reimbursement or the
                                                                                            Heightened Cash
                                                                                            Monitoring Payment
                                                                                            Method 2 (HCM2).
Pell Grant and TEACH Grant      An origination    The institution has    To COD using      The deadline
 Programs.                       or disbursement   made a disbursement    SAIG; or to COD   submission date \2\
                                 record.           and will submit        using the COD     is the later of:
                                                   records on or before   website at:      (a) November 30,
                                                   the deadline           https://          2024;
                                                   submission date.       cod.ed.gov.      (b) 15 calendar days
                                                                                            after the
                                                                                            institution makes a
                                                                                            disbursement.\3\
                                                                                           Submission of Pell
                                                                                            Grant and TEACH
                                                                                            Grant disbursement
                                                                                            information must
                                                                                            occur no later than
                                                                                            September 30, 2025.

[[Page 76463]]

 
Direct Loan Program...........  An origination    The institution has    To COD using      The deadline
                                 or disbursement   made a disbursement    SAIG; or to COD   submission date \2\
                                 record.           and will submit        using the COD     is the later of:
                                                   records on or before   website at:      (a) November 30,
                                                   the deadline           https://          2024; or
                                                   submission date.       cod.ed.gov.      (b) 15 calendar days
                                                                                            after the
                                                                                            institution makes a
                                                                                            disbursement.\3\
                                                                                           Submission of Direct
                                                                                            Loan disbursement
                                                                                            information must
                                                                                            occur no later than
                                                                                            July 31, 2026.
Pell Grant Program............  A downward        It is after the        To COD using      No later than the
                                 (decrease)        deadline submission    SAIG; or to COD   earlier of:
                                 adjustment to     date.                  using the COD    (a) 15 calendar days
                                 an origination                           website at:       after the
                                 or disbursement                          https://          institution becomes
                                 record.                                  cod.ed.gov.       aware of the need to
                                                                                            make an adjustment
                                                                                            to previously
                                                                                            reported data; or
                                                                                           (b) September 30,
                                                                                            2030.\2\
                                                                                           No request for
                                                                                            extension to the
                                                                                            deadline submission
                                                                                            date is required.
TEACH Grant and Direct Loan     A downward        It is after the        To COD using      No later than 15
 Programs.                       (decrease)        deadline submission    SAIG; or to COD   calendar days after
                                 adjustment to     date.                  using the COD     the institution
                                 an origination                           website at        becomes aware of the
                                 or disbursement                          https://          need to make an
                                 record.                                  cod.ed.gov.       adjustment to
                                                                                            previously reported
                                                                                            data.
                                                                                           No request for
                                                                                            extension to the
                                                                                            deadline submission
                                                                                            date is required.
Pell Grant Program............  An upward         It is after the        Via the COD       No later than the
                                 (increase)        deadline submission    website at:       earlier of:
                                 adjustment to     date and the           https://         (a) 15 calendar days
                                 an origination    institution has        cod.ed.gov.       after the
                                 or disbursement   received approval of                     institution becomes
                                 record.           its request for an                       aware of the need to
                                                   extension to the                         make an adjustment
                                                   deadline submission                      to previously
                                                   date.                                    reported data; or
                                                  Requests for                             (b) When the
                                                   extensions to the                        institution is fully
                                                   established                              reconciled and is
                                                   submission deadlines                     ready to submit all
                                                   may be made for                          additional data for
                                                   reasons including,                       the program and the
                                                   but not limited to:.                     award year; or
                                                  (a) A program review                     (c) September 30,
                                                   or initial audit                         2030.
                                                   finding under 34 CFR
                                                   690.83;.
                                                  (b) A late
                                                   disbursement under
                                                   34 CFR 668.164(j);
                                                   or.
                                                  (c) Disbursements
                                                   previously blocked
                                                   as a result of
                                                   another institution
                                                   failing to post a
                                                   downward adjustment.
TEACH Grant and Direct Loan     An upward         No later than the
 Programs.                       (increase)        earlier of:.
                                 adjustment or a  (a) 15 calendar days
                                 new origination   after the
                                 or disbursement   institution becomes
                                 record.           aware of the need to
                                                   make an adjustment
                                                   to previously
                                                   reported data; or.
                                                  (b) When the
                                                   institution is fully
                                                   reconciled and is
                                                   ready to submit all
                                                   additional data for
                                                   the program and the
                                                   award year..
Pell Grant Program............  An origination    It is after the        Via the COD       The earlier of:
                                 or disbursement   deadline submission    website at:      (a) A date designated
                                 record.           date and the           https://          by the Secretary
                                                   institution has        cod.ed.gov.       after consultation
                                                   received approval of                     with the
                                                   its request for an                       institution; or
                                                   extension to the                        (b) February 1, 2026.
                                                   deadline submission
                                                   date based on a
                                                   natural disaster,
                                                   other unusual
                                                   circumstances, or an
                                                   administrative error
                                                   made by the
                                                   Department.
Pell Grant Program............  An origination    It is after the        Via the COD       The earlier of:
                                 or disbursement   deadline submission    website at:      (a) 15 days after the
                                 record.           date and the           https://          student reenrolls;
                                                   institution has        cod.ed.gov.       or
                                                   received approval of                    (b) May 3, 2026.
                                                   its request for
                                                   administrative
                                                   relief to extend the
                                                   deadline submission
                                                   date based on a
                                                   student's reentry to
                                                   the institution
                                                   within 180 days
                                                   after initially
                                                   withdrawing.\4\.
----------------------------------------------------------------------------------------------------------------
\1\ A COD Processing Year is a period of time in which institutions are permitted to submit Direct Loan records
  to the COD System that are related to a given award year. For a Direct Loan, the period of time includes loans
  that have a loan period covering any day in the 2024-2025 award year.
\2\ Transmissions must be completed and accepted before the designated processing time on the deadline
  submission date. The designated processing time is published annually via an electronic announcement posted to
  the Knowledge Center via FSA's Partner Connect website at: https://fsapartners.ed.gov/knowledge-center. If
  transmissions are started at the designated time, but are not completed until after the designated time, those
  transmissions will not meet the deadline. In addition, any transmission submitted on or just prior to the
  deadline date that is rejected may not be reprocessed because the deadline will have passed by the time the
  user gets the information notifying him or her of the rejection.
\3\ A temporary extension of the deadline for reporting disbursement records to the COD System was published by
  the Department in the July 30, 2024 Electronic Announcement (GENERAL-24-94). For more information, please
  visit: https://fsapartners.ed.gov/knowledge-center/library/electronic-announcements/2024-07-30/updates-2024-25-fafsa-paper-processing.
\4\ Applies only to students enrolled in clock-hour and nonterm credit-hour educational programs.
Note: The COD System must accept origination data for a student from an institution before it accepts
  disbursement information from the institution for that student. Institutions may submit origination and
  disbursement data for a student in the same transmission. However, if the origination data is rejected, the
  disbursement data is rejected.


[[Page 76464]]

[FR Doc. 2024-21219 Filed 9-17-24; 8:45 am]
BILLING CODE 4000-01-P