(GRANTS-23-01) Federal Pell Grant Program Reconciliation

Federal Student Aid

POSTED DATE: February 09, 2023
AUTHOR: Federal Student Aid
ELECTRONIC ANNOUNCEMENT ID: GRANTS-23-01
SUBJECT: Federal Pell Grant Program Reconciliation
In a Nov. 15, 2022 Electronic Announcement we published general information regarding Title Ⅳ Aid Disbursement Reporting, Excess Cash, and Reconciliation Requirements. In addition, updated disbursement reporting and data submission timelines for all programs were published in a recent Federal Register Notice (see Federal Register Volume 87, Number 105 (Wednesday, June 1, 2022) for the 2022–2023 deadlines).

In this announcement, we provide specific information to assist your school in reconciling the Federal Pell Grant (Pell Grant) Program. The information provided below is for both the financial aid office and business office.

Pell Grant Reconciliation Defined

Pell Grant Reconciliation is the process by which a school reviews and compares Pell Grant data recorded on the U.S. Department of Education’s (the Department’s) systems with the information in the school’s internal records. This process should be performed on a regular basis and is recommended at least monthly.
There are two types of reconciliation, which can be performed separately or simultaneously during the month, including:

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