Functionality for Campus Based Reporting To COD for Federal Work Study (FWS)
(Doc ID 2913976.1)
Last updated on NOVEMBER 27, 2023
Applies to:PeopleSoft Enterprise CS Financial Aid - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
Beginning with the 2024-2025 FAFSA, schools will be required to report calendar year FWS earnings by student. For the 2024-2025 FAFSA, institutions will be reporting earnings for the calendar year 2022.
Additional information regarding the requirement to report FWS earnings to COD can be referenced in the following electronic announcement: https://fsapartners.ed.gov/knowledge-center/library/electronic-announcements/2023-07-21/operational-information-reporting-federal-work-study-earnings-cod-system-using-campus-based-xml-schema-version-10a
As noted in the announcement, the deadline for reporting the FWS earnings to COD is early December, *not* October 1 as had been published at one time. This change coincides with the delay of the release of the 2024-2025 FAFSA until early December.
Is Oracle planning to deliver functionality to meet this new requirement and in time to meet the early December deadline for reporting, prior to the release of the 2024-2025 FAFSA?
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