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Waiver of funding requirements for campus-based programs available for some institutions
January 26, 2023
Students may have a little more access to some federal financial aid programs under a program that waives the institutional funding requirements.
In a January 17 Electronic Announcement (EA), the Department of Education said schools are either automatically granted a waiver or they must apply.
In the EA, the Department advised institutions of a February 27 deadline for those interested in applying for Title III or Title V eligibility and the resulting waiver of the non-federal share requirements for the Federal Work-Study (FWS) and Federal Supplemental Education Opportunity Grant (FSEOG) programs.
Institutions participating in the FWS and FSEOG programs are normally required to provide a non-federal share under each program. To receive this waiver of the FWS and FSEOG non-federal share requirement, an institution must be designated by the Department of Education’s Office of Postsecondary Education Institutional Service (OPE/IS) as an eligible Title III or Title V institution under the Higher Education Act of 1965 (HEA).
According to the Department, institutions that receive the waiver may choose to continue to provide a non-federal share and to determine the amount of that share for one or both programs.
OPE/IS uses an automated designation process by reviewing existing data from the Integrated Postsecondary Education Data System (IPEDS) to assess eligibility for Title III and Title V programs. Institutions must check their eligibility status by going to the “Application for Designation as an Eligible Institution” on the OPE/IS website (https://hepis.ed.gov/title3and5/).
Institutions that are determined to be eligible for a Title III or Title V program automatically receive the waiver of the non-federal share requirement for the Campus-Based Programs for the 2023–24 award year. Institutions that are not designated as eligible for a Title III and Title V program must complete the “Application for Designation as an Eligible Institution” by the February 27, 2023, deadline if they wish to be considered for Title III or Title V eligibility.