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Reminder – Deadline for 2010-2011 Underuse Penalty Waiver for the Campus-Based Programs is February 12, 2010

5 February 2010 19 views No Comment

The deadline to request a waiver of the 2010-2011 Award Year penalty of Federal Work Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) for the underuse of 2008-2009 Award Year funds is February 12, 2010. A school can determine if it has received an underuse penalty by reviewing its Campus-Based Tentative Funding Worksheet for 2010-2011. If a school received an underuse penalty, and it has a valid justification for having more than a 10 percent underuse of FSEOG and/or FWS funds in 2008-2009, the school should review its FISAP data to determine if it needs to request an underuse penalty waiver.

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