Originate	or	disburse	any	additional	Direct	Loans	(subsidized,	unsubsidized,	or	PLUS).
The	student	must	repay	any	FSEOG	funds	received	that	year.	If	the	student	fails	to	complete	verification	within	your
school9s	established	timeframe	and	if	you	received	any	Direct	Subsidized	Loan	funds	for	the	student	that	you	did	not
disburse,	you	must	return	some	or	all	those	funds	under	the	excess	cash	tolerance	regulation	(see	Volume	4,	Chapter	1	of
the	FSA	Handbook).
If	the	student	provides	the	required	documentation	after	your	school9s	deadline,	you	may,	at	your	discretion,	provide	aid	if
still	within	the	Department9s	overall	verification	deadlines.
Pell	Grants
A	student	selected	for	verification	may	submit	a	valid	FAFSA	Submission	Summary	or	a	school	can	receive	a	valid	ISIR
after	the	Pell	deadline	but	before	the	verification	deadline	published	in	the	Federal	Register.	If	a	student	does	not	provide
the	verification	documentation	or	you	do	not	receive	the	valid	FAFSA	Submission	Summary	or	ISIR	(if	necessary)	within
this	additional	time,	they	lose	their	Pell	Grant	eligibility	for	the	award	year	and	must	return	any	Pell	money	already
received	for	that	year.
Other	Considerations
The	Department	may	determine	not	to	process	the	FAFSA	form	of	an	applicant	who	has	been	requested	to	provide
documentation	until	they	do	so,	or	the	Department	decides	there	is	no	longer	a	need	for	it.
A	Pell	applicant	selected	for	verification	must	complete	the	process	by	the	deadline	published	in	the	Federal	Register.	The
notice	for	the	2024-25	award	year	was	published	on	September	18,	2024.	The	deadline	for	the	2024-25	award	year	is
September	20,	2025,	or	120	days	after	the	last	day	of	the	student9s	enrollment,	whichever	is	earlier.	When	the	notice	for
2025-26	is	published,	the	corresponding	deadline	date	is	expected	to	be	mid-September	2026.	Applicants	to	Campus-
Based	programs	and	the	Direct	Loan	program	must	complete	verification	by	the	same	deadline	or	by	an	earlier	one	your
aid	office	establishes.
Verification	is	complete	when	you	have	all	the	requested	documentation	and	a	valid	ISIR	or	FAFSA	Submission	Summary
(one	on	which	all	the	information	is	accurate	and	complete).	This	includes	any	necessary	corrections,	which	must	be	made
by	the	
Federal	Register	deadlines	for	submitting	paper	or	electronic	corrections.
Late	and	Post-Withdrawal	Disbursements
Generally,	a	student	ceases	to	be	eligible	for	aid	once	they	have	finished	the	payment	period	and/or	is	no	longer	enrolled.
However,	the	student	may	submit	verification	documentation	and	receive	a	late	disbursement	after	that	time	if	the
Department	processed	a	FAFSA	Submission	Summary	or	ISIR	with	an	official	SAI	while	they	were	still	enrolled.	For
information	on	late	disbursements,	see	Volume	4	of	the	FSA	Handbook;	for	more	information	on	post-withdrawal
disbursements,	see	Volume	5.
Verification	Status	Codes
When	you	disburse	a	Pell	Grant,	you	must	report	the	student9s	verification	status	through	the	Common	Origination	and
Disbursement	(COD)	System	even	if	they	were	not	selected	for	verification.
V4You	have	verified	the	student.	This	includes	students	selected	by	the	FPS	and	those	your	school	chose	to	verify
based	on	its	own	criteria.
Verification	Completed	Within	Additional	Time	for	P ell
34	CFR	668.60(c)(1)