Verification Process posting to FINAID-L

From: Cain, Nancy (Nancy.Cain@ed.gov)
Date: Wed May 15 2002 - 09:00:18 EDT

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    Dear Partner:
    Thefollowing Dear Partner message is related to the Verification
    Processe.was posted to the IFAP web page (<<http://ifap.ed.gov>>) today. It
    is being cross-posted to FINAID-L, FINNET-L, MEDAID-L and BURSAR-L for your
    information.
    FSA Customer Service Call Center.
    U.S. Department of Education
    *****************************************************************
    This message is in response to the email from Drake University which posed
    the following questions related to the verification process:
    1. Is there a way to decrease the number of files you have to look at?
    2. Do you select those for verification who used estimated tax info?
    3. Do you look at "no need" students?
    4. Do you have programming in place that allows you to determine or
    eliminate certain files that would or would not need to be reviewed?
    Since we do not represent a school, we cannot answer the questions
    specifically. However, from years of working with Quality Assurance
    schools, we have developed a tool that can help ANY school review ISIRs and
    see how the verification process is working for that school. We are pleased
    to introduce the Quality Analysis Tool For Windows - A verification software
    tool that is available free of charge from the SFA Download site
    <http://sfadownload.ed.gov/index.htm>. This is a tool for ALL schools to use
    for the 2002-03 academic year. You can find more information about this tool
    in the Guide to "Attain, Sustain and Advance Quality in Financial Aid
    Management", located on the web at <http://qaprogram.air.org/guidance.asp>.
    Version 2.0 of the Tool will allow any school to analyze changes to ISIR
    information that occur during the 2002-03 academic year - as soon as you
    have completed aid packaging. This will speed up your ability to apply what
    you learn from analyzing the data so you can make improvements in your
    verification process for the next year.
    You will get introductory level training on this tool during EDExpress
    Training that will begin as early as May 29th. Check the IFAP web site at
    <http://ifap.ed.gov/IFAPWebApp/index.jsp> (FSA Training) for specific times
    and locations. The training on the Quality Analysis Tools for Windows - A
    Verification Tool is held day one and is a two hour session in the
    afternoon.
    FSA is hoping that many schools will avail themselves of this tool to see
    the results of their verification work and to better understand how they
    might help their families prevent mistakes and how they can better tailor
    their own institutional verification procedures.
    Holly Langer-Evans, Quality Assurance Program Team, FSA



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