Understanding the FISAP Report

Using the FISAP process, you report expenses for Federal Campus-Based programs—the Federal Supplemental Education Opportunity Grant (FSEOG), Federal Work-Study, and Federal Perkins Loan programs. The Department of Education uses the distribution of expenditures to evaluate whether institutions are appropriating their federal allocation of Campus-Based funds to applicants with the most need. The reported spending levels affect subsequent year allocations. The programs enable you to transfer certain percentages of funds back to last year or forward to the next year to best use unexpended funds.

For your school to transmit, receive, and report FISAP data, you must submit your FISAP expenditures to the Department of Education through the Common Origination and Disbursement (COD) website at www.cod.ed.gov.

Use the provided structured query report (SQR) to print and to enter the calculated values into the Department of Education FISAP Report through the COD website. For audit purposes, the Department of Education requires that you keep data logs and backups of your final FISAP reports and any records necessary to support their data (for example, the source data for the income grid) for three years from the end of the award year for which you submitted the FISAP.

The following FISAP report information is generated:

  • Part II, Section E. Assessment and Expenditures: Total Federal Pell Expenditures, and Total Expended for State Grants and Scholarships Made to Undergraduates.

  • Part II, Section F. Information on Eligible Aid Applicants for Award Year.

  • Part IV, Section C. FSEOG Program: Total Funds to FSEOG Recipients and Non-Federal Share of Funds to FSEOG Recipients.

  • Part IV, Section D. Federal Funds Spent for FSEOG Program: Federal Share of Funds to FSEOG Recipients.

  • Part VI, Section A. Distribution of Program Recipients and Expenditures by Type of Student.

This section discusses:

  • Students selected for the report.

  • Assessments and expenditures.

  • Information on eligible aid applicants.

  • Distribution of program recipients and expenditures by type of student.