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OFFICIAL POLICY RESPONSIBLE OFFICE: Accounting OfficeTravel by College Employees POLICY OWNER: Director, Accounting OfficeEFFECTIVE DATE: 2013/10/18 REVISION HISTORY: existing policy; origination
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Volume VI - IFAP is a section of the Institutional Form and Application Part (IFAP) used by institutions participating in the Federal Student Aid programs to report data related to their financial and compliance audits.
Institutions participating in the Federal Student Aid programs are required to file Volume VI - IFAP.
Volume VI - IFAP is filled out by institutions following the instructions provided by the Department of Education and using the appropriate financial and compliance data.
The purpose of Volume VI - IFAP is to report financial and compliance information to the Department of Education for the purpose of program oversight and accountability.
Volume VI - IFAP must include financial data, compliance audit findings, and other relevant information as required by the Department of Education.
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