Student Financial Assistance, Federal Perkins Loan Program, Federal Work-Study Program, and Federal Supplemental Opportunity Grant Program: Notice of the Closing Date for Submission of the Campus-Based Reallocation Form (ED Form E40-4P)



[Federal Register: July 26, 2001 (Volume 66, Number 144)]
[Notices]               
[Page 39032]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26jy01-49]                         


[[Page 39032]]

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DEPARTMENT OF EDUCATION

[CFDA No. 84.033]

 
Student Financial Assistance, Federal Perkins Loan Program, 
Federal Work-Study Program, and Federal Supplemental Opportunity Grant 
Program

AGENCY: Department of Education.

ACTION: Notice of the closing date for submission of the Campus-Based 
Reallocation Form (ED Form E40-4P).

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SUMMARY: The Secretary gives notice that institutions in the campus-
based programs (Federal Perkins Loan Program, Federal Work-Study (FWS) 
Programs, and Federal Supplemental Opportunity Grant Program) that wish 
to return any unused 2000-2001 Federal funds or wish to request 
supplemental 2001-2002 FWS funds for community service must submit the 
Campus-Based Reallocation Form prior to midnight, Eastern time, on 
August 24, 2001, via the Department's Student Aid Internet Gateway 
(formerly Title IV Wide Area Network or Title IV WAN). The information 
collected on the Campus-Based Reallocation Form is used to determine 
the Federal funds available for supplemental awards and the campus-
based institutions that are eligible and wish to receive supplemental 
2001-2002 FWS funds for community service.

DATES: Closing Date and Method for Submitting a Campus-Based 
Reallocation Form. Institutions in the campus-based programs that wish 
to return any unused 2000-2001 Federal funds or wish to request 
supplemental 2001-2002 FWS funds for community service must submit the 
Campus-Based Reallocation Form prior to midnight, Eastern time, on 
August 24, 2001, via the Department's Student Aid Internet Gateway.
    The Campus-Based Reallocation Form is located in the Fiscal 
Operations Report for 2000-2001 and Application to Participate for 
2002-2003 (FISAP) software that is available for download at: 
www.sfadownload.ed.gov.
    Additional information about the reallocation process is provided 
in a ``Dear Partner'' letter that is available at: www.ifap.ed.gov.

SUPPLEMENTARY INFORMATION: We will reallocate unexpended Federal funds 
from the 2000-2001 award year as supplemental allocations for the 2001-
2002 award year under all of the campus-based programs. Supplemental 
allocations will be issued this fall in accordance with the 
reallocation procedures in the Higher Education Act of 1965, as amended 
(HEA). Under section 442(d) of the HEA, unexpended FWS Federal funds 
returned to the Secretary must be reallocated to eligible institutions 
that used at least 5 percent of the total 2000-2001 FWS Federal funds 
granted to the institution to compensate students employed as reading 
tutors of children or in family literacy activities as part of its 
community services activities. Because reallocated FWS Federal funds 
will be distributed on the basis of fair share shortfall criteria, you 
also must have a fair share shortfall to receive these funds. A fair 
share shortfall means that you have an unmet need for FWS funds as 
determined by the FWS allocation formula in the HEA that uses data 
reported on the FISAP. You must use all of the reallocated FWS Federal 
funds to compensate students employed in community services. To ensure 
consideration for supplemental FWS funds for the 2001-2002 award year, 
you must submit the Campus-Based Reallocation Form data by August 24, 
2001, via the Department's Student Aid Internet Gateway.

Applicable Regulations

    The following regulations apply to the campus-based programs:
    (1) Student Assistance General Provisions, 34 CFR part 668.
    (2) General Provisions for the Federal Perkins Loan Program, 
Federal Work-Study Program, and Federal Supplemental Educational 
Opportunity Grant Program, 34 CFR part 673.
    (3) Federal Work-Study Programs, 34 CFR part 675.
    (4) Institutional Eligibility Under the Higher Education Act of 
1965, as Amended, 34 CFR part 600.
    (5) New Restrictions on Lobbying, 34 CFR part 82.
    (6) Governmentwide Debarment and Suspension (Nonprocurement) and 
Governmentwide Requirements for Drug-Free Workplace (Grants), 34 CFR 
part 85.
    (7) Drug and Alcohol Abuse Prevention, 34 CFR part 86.

FOR FURTHER INFORMATION CONTACT: For technical assistance concerning 
the Campus-Based Reallocation Form or other operational procedures of 
the campus-based programs, contact Campus-Based Operations, Schools 
Channel, U.S. Department of Education, Portals Building, Suite 600D, 
1250 Maryland Avenue, SW., Washington, DC 20202-5453. Telephone (202) 
708-7741. If you use a telecommunications device for the deaf (TDD), 
you may call the Federal Information Relay Service (FIRS) at 1-800-877-
8339.
    Individuals with disabilities may obtain this document in an 
alternative format (e.g., Braille, large print, audiotape or computer 
diskette) by contacting the Alternative Format Center, Mary E. Switzer 
Building, 330 C Street, SW., Washington, DC 20202-4560. Telephone (202) 
260-9895 between 8:30 a.m. and 4:30 p.m., Eastern time, Monday through 
Friday.

Electronic Access to This Document

    You may view this document, as well as all other Department of 
Education documents published in the Federal Register, in text or Adobe 
Portable Document Format (PDF) on the Internet at the following site: 
www.ed.gov/legislation/FedRegister.
    To use PDF you must have Adobe Acrobat Reader, which is available 
free at this site. If you have questions about using PDF, call the U.S. 
Government Printing Office (GPO), toll free, at 1-888-293-6498; or in 
the Washington, DC, area at (202) 512-1530.

    Note: The official version of this document is the document 
published in the Federal Register. Free Internet access to the 
official edition of the Federal Register and the Code of Federal 
Regulations is available on GPO Access at: http://
www.access.gpo.gov/nara/index.html.


    Program Authority: 42 U.S.C. 2752.

    Dated: July 20, 2001.
Greg Woods,
Chief Operating Officer, Student Financial Assistance.
[FR Doc. 01-18611 Filed 7-25-01; 8:45 am]
BILLING CODE 4000-01-U