Skip to contentCod Academic Calendar – The cost of attendance at Pell and IASG, including tuition and fees, room and board during the course, allowance for books and supplies, transport, stipends (if required) depending on the child’s enrolment, expenses related to disability, study abroad expenses, and miscellaneous expenses, as described in Section 472 of the Higher Education Act.
A period beginning on the first day of class and ending on the last day of class or examination and is at least 30 weeks (except as provided in 34 CFR 668.3) of course time during which, for programs of
Cod Academic Calendar
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degree, a full-time student is expected to complete at least – *Twenty semester or three-month hours or 36 quarter-hour courses measured in credit hours; or * Nine hundred hours of an educational program whose duration is measured in clock hours.
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One or more records submitted simultaneously. The series includes network title records, joint records with one or more students/awards/payments, and network trailer records. School mailboxes are regularly swept to retrieve these lots and send them to the COD system for processing.
The common register is a vehicle used by schools to transmit data to the COD system. Schools use the Common Registry to submit Federal Student Aid (FSA) Title IV program data (starting in the 2002-2003 grant year).
Common records are structured in Extensible Markup Language (XML) and contain both simple and complex elements. One of the criteria used to establish student eligibility for Title IV program aid is that a student must have earned a high school diploma or its equivalent.
Students who do not have an advanced degree or equivalent can demonstrate “eligibility” from the education or training offered by earning college credit or through the approved Ability to Earn (ATB) test. After the Central Processing System (CPS) processes the Free Application for Federal Student Aid (FAFSA®), it issues a Student Aid Report (SAR) to the processor that is sent to the student
. The SAR reports the student’s application information and, if there are no questions or problems with the application, the Expected Family Contribution (EFC), the number used to determine eligibility for federal student aid and student financial aid history.
Schools have a variety of options when choosing software. They can purchase software from a commercial software vendor that provides a financial aid module for the product, use EDExpress (a free PC-based software product from the Department of Education), or create custom software.
In the common record, the software vendor field identifies the software vendor and the product. The provider cannot be submitted without the Version attribute. A record that is (1) a non-PLUS record for which a single correction has failed matches the applicant’s file in the Central Processing System (CPS) when the school changes one of the identifiers
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student or (2) otherwise, PLUS records pending credit check will be accepted. An XML element with simple elements. Text is not required within complex elements; however, complex elements can also contain text. Elements contain other simple elements to provide a logical grouping of data.
For example, the applicant’s address can be represented in the following XML: Common record field that references the date stamp with the entity ID. This section applies to schools submitting joint records for the 2002-2003 school year and future years.
Assigned to the Grant Lot ID and Direct Loan Originator Lot ID, Disbursement Lot Number, and Exchange Lot ID for Pell Grant Iraq and Afghanistan service grants , the twelve-month period begins on July 1 and ends on June 30 of the following academic year.
This also applies to what was formerly known as the Direct Loan Program Year, which is a period (approximately 2 1/2 years) during which schools can make Direct Loans during the special gift year. A common record field indicating whether the school or COD will print and send the statement.
The party (school or COD) responsible for sending the disclosure statement is responsible for printing and sending the plain language disclosure statement. The number of offsets obtained from G5. Compensation occurs when a school has G5 funds.
G5 withholds money owed to the school when the school requests money. Example: The school requests $5,000 from G5. The school will receive $4500 and the screen will show a compensation of $500. A payment record is a record of a proposed payment with a payment release indicator set to “Y” within the specified time period.
Actual payment records are sent to the student award/borrower (loan or grant). These records are used to confirm the amount withdrawn via G5 and will affect the amount of money the school receives for subsequent withdrawals.
If the school has chosen to withdraw the COD from the school name, this registration may also trigger a withdrawal request in G5. Period of deferral during which repayment of the loan principal is suspended as a result of the borrower’s compliance with one or more of the deferral conditions established by law.
Interest continues to accrue during the grace period of an unsubsidized home loan. Interest is not earned during the grace period of a cash loan. Direct Loan cost of attendance including tuition and fees, room and board during the course, books and utilities, transportation, fees (if applicable) depending on the child’s enrollment
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, disability-related expenses, study abroad expenses and other miscellaneous expenses. , as specified in Article 472 of the Higher Education Act. Net Accepted and Posted Disbursements (NAPD) = The total number of actual disbursement documents (disbursement index = true) proc
essed by COD for the school.
The “net” calculation includes corrections submitted by the school and processed by COD. The total percentage of eligibility used (EU) for a Lifetime Pell or Iraq and Afghanistan service grant. If the student received both a Pell Grant and an Iraq and Afghanistan Service Grant, they will have a separate LEU for each program.
Beginning in June 2018, the COD system will use sequestration logic to calculate the Iraq and Afghanistan Maximum Service Grant (IASG) with a constraint limitation. These sequester-required reductions apply to the amount of the most recent federal Pell grant (Scheduled Award) related to funding for the Iraq and Afghanistan services during the specified grant year less the reduction.
Iraq and Afghanistan services funding amounts during routine batch processing. See also the Federal Pell Grant Payment Program. This is the Department of Education’s system that processes information from the Free Application for Federal Student Aid (FAFSA®) and verifies it against government data that corrects social security number, citizenship, and other information.
CPS also calculates the Expected Family Contribution (EFC) for each applicant, prints the Student Aid Report (SAR), and transmits the Student Aid Information Database (ISIR) electronically Beginning in 2003-2004, CPS will produce abbreviated COD system application documents.
CPS Transaction Number field in the common record showing the SAR/ISIR transaction number that can be used to calculate the award. As an automated Title IV system, the National Student Loan Data System, or NSLDS, is a national database of loans and other financial aid awarded to students under Title IV of the Higher Education Act of 1965. delivery of
Title IV aid through automation and standardization. The eligibility percentage used is calculated by adding up that student’s actual admissions records at the institution attended during the particular grant year and dividing that amount by the Federal Pell award.
This applies to the federal Pell grant and service grants in Iraq and Afghanistan. An unsubsidized loan is a direct loan made to a student that will begin paying interest from the disbursement date. The federal government pays students interest on these loans from the date of payment.
If the student is in school, in a grace period or in deferment, the student is not required to repay the loan, but may choose to do so. G5 is the system used by the Office of the Chief Financial Officer of the Department of National Education to manage school-specific obligations and pay money (expenses) for those obligations.
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G5 is connected to the COD system via FMS. G5 is part of EDCAPS and is directly connected to the US Federal Reserve Treasury System. Awards for incarcerated students are available for the 2021-22 school year for incarcerated students (non-state or federal) and eligible for federal Pell Grants.
A file containing applicant data sent by the Central Processing System (CPS) to the COD System. The file contains all accepted and rejected ISIR transactions in CPS. There are up to 250,000 applicants per stream in the short applicant file.
COD edits the shared record of the shortened requester file to verify the correct match. A legal agreement between a lender and a borrower that contains the terms and conditions of the loan, including how the loan will be repaid.
It becomes legally binding when signed (executed by the borrower). College of the Desert is accredited by the Accrediting Commission for Community and Junior Colleges of the Western Association of Schools and Colleges, 10 Commercial Blvd., Suite 204, Novato, CA 94949, 415.506.0234.
Higher education and US Department of Education accreditation. The Electronic Financial Performance Report or FISAP is a report that shows how a center spent the funds allocated for the previous grant year and the application for participation in the grant year due
present the school participates in one of these. The following programs: Federal Continuing Education Grants (FSEOG) and Federal Work Study (FWS). Calendar of Federal Pell Grant Awards. The schedule is based on the expected family contribution (EFC), enrollment status and cost of attendance (COA) of the school.
The calendar is usually published in January on the IFAP website for the next grant year. Person or State, or private, for-profit or non-profit entity that contracts with a public institution (school) empowered to manage, through manual or automated processing, the aspects of all institutions (schools) that participate in Title IV.
, HEA program. The COD system returns a ticket after performing XML schema validation. Tickets are sent to the school after the shared registration is received by the COD system, but before the shared registration is processed.
SAIG (formerly TIVWAN) is an Internet-based mailbox system used to transfer data between schools and Department of Education systems. It also provides COD with participation data. Schools must be registered with SAIG before they can start transferring records to COD.
Records are kept, but warnings are sent to schools to alert them to potential violations. The information sent includes a code that indicates an alert, the type of alert, and the associated components. The Iraq and Afghanistan service grant indicator is added to the Pell Creation Awards screen for award years 2010-2011 and beyond.
This award allows Pell-eligible students, designated by the Department of Defense as dependents of a parent or guardian who died while serving in Iraq or Afghanistan, to receive Iraq Service Grant funds and Afghanistan.
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