PublicationDate: 2/23/98 Summary: Urgent GAPS Transition Reminder! TWO DAY ALERT Author: ODAS - Office of the Deputy Assistant Secretary - SFA Posted February 23, 1998 Urgent GAPS Transition Reminder! TWO DAY ALERT From FEBRUARY 26 through MARCH 15, 1998 schools CANNOT draw funds for ANY ED program while ED makes the transition from the ED Payment Management System (PMS) to the ED Grant Administration and Payment System (GAPS). YOU MUST PLACE YOUR DRAW DOWN REQUESTS NO LATER THAN THE DEADLINES LISTED BELOW if you need additional funds to make disbursements to eligible students and parents during this transition period. Please execute your draw downs accordingly. FEBRUARY 25 Deadline for placing all final requests for ACH payments with the 3:00 P.M. EST Department's Service Bureau (NCS) for all programs, including Direct Loan. Note the Eastern Standard Time; this means the deadline for PST locations is NOON. FEBRUARY 26 Deadline for placing final payment requests for FEDWIRE 6:00 P.M. EST recipients requesting next day payment. FEDWIRE payment request dates beyond February 26th will not be honored and no additional FEDWIRE payments will be made after February 26. Because institutions cannot draw down funds to meet their immediate needs during the transition period, the three-day disbursement requirements under 668.162(b)(3) will not apply to the funds institutions receive for this period to make disbursements to eligible students and parents. For further information, please see the Department's "Dear Chief Financial Officer" letter (available through the web at http://www.ed.gov/offices/CFO/), "Dear Colleague" letter to financial aid administrators (available through the web at http://sfa.ed.gov under "SFA Publications and Letters"), and the series of BBS announcements (available through the web at http://sfa.ed.gov under "Announcements"). If you have questions on the transition or on EDCAPS/GAPS, please contact the GAPS Reporting Representative for your state. A list of GAPS representatives follows: Alabama Mary Porter 202-205-0730 Alaska Mary Porter 202-205-0730 American Somoa Cheryl Carrington 202-401-5421 Arizona Mary Porter 202-205-0730 Arkansas Pat Reeves 202-401-5424 California Cheryl Carrington 202-401-5421 Cmnwealth of Marianas Cheryl Carrington 202-401-5421 Colorado Bahaa Sabbagh 202-401-2244 Connecticut Serena Smith 202-401-5430 Delaware Girard Straus 202-401-5431 District of Columbia Connie Angotti 202-401-5339 Florida Audrey Hawkins 202-401-1118 Georgia Pat Reeves 202-401-5424 Guam Pat Reeves 202-401-5424 Hawaii Audrey Hawkins 202-401-1118 Idaho Bahaa Sabbagh 202-401-2244 Illinois Serena Smith 202-401-5430 Indiana Girard Straus 202-401-5431 Iowa Mary Porter 202-205-0730 Kansas Pat Reeves 202-401-5424 Kentucky Mary Porter 202-205-0730 Louisiana Bahaa Sabbagh 202-401-2244 Maine Serena Smith 202-401-5430 Maryland Mary Porter 202-205-0730 Massachusetts Connie Angotti 202-401-5339 Michigan Girard Straus 202-401-5431 Minnesota Girard Straus 202-401-5431 Mississippi Bahaa Sabbagh 202-401-2244 Missouri Pat Reeves 202-401-5424 Montana Mary Porter 202-205-0730 Nebraska Girard Straus 202-401-5431 Nevada Pat Reeves 202-401-5424 New Hampshire Bahaa Sabbagh 202-401-2244 New Jersey Connie Angotti 202-401-5339 New Mexico Mary Porter 202-205-0730 New York Pat Reeves 202-401-5424 North Carolina Serena Smith 202-401-5430 North Dakota Serena Smith 202-401-5430 Ohio Serena Smith 202-401-5430 Oklahoma Girard Straus 202-401-5431 Oregon Bahaa Sabbagh 202-401-2244 Pennsylvania Bahaa Sabbagh 202-401-2244 Puerto Rico Serena Smith 202-401-5430 Rhode Island Serena Smith 202-401-5430 South Carolina Audrey Hawkins 202-401-1118 South Dakota Audrey Hawkins 202-401-1118 Tennessee Audrey Hawkins 202-401-1118 Texas Connie Angotti 202-401-5339 Utah Mary Porter 202-205-0730 Vermont Connie Angotti 202-401-5339 Virgin Islands Cheryl Carrington 202-401-5421 Virginia Audrey Hawkins 202-401-1118 Washington Cheryl Carrington 202-401-5421 West Virginia Audrey Hawkins 202-401-1118 Wisconsin Mary Porter 202-205-0730 Wyoming Girard Straus 202-401-5431 |