[Oasfaa] 2009-10 OTAG Award Information

[Joyner, Shiela]

The Oklahoma Tuition Aid Grant (OTAG) Award Payment Schedule for 2009-10
is attached for your information.  The State Regents approved this
schedule at their meeting held on May 22.  Eligible students meeting the
awarding criteria listed below can be claimed for payment of their OTAG
awards in 2009-10 upon the institution's submission of a successful and
timely award claim:
*	EFC 1700 or lower
*	FAFSA receipt date 4/30/09 or earlier 
The Award Payment Schedule reflects 4,617 as the maximum eligible EFC,
which is consistent with Pell in 2009-10. The maximum EFC primarily
serves as a means to identify the total number of eligible students who
could be awarded if sufficient funds were provided.  With no increase in
OTAG funding provided for the 2009-10 award year, the EFC cutoff for
awards is expected to remain 1700 for the entire 2009-10 award year.  
Also attached is a list of institutions that participate in the OTAG
program and their flat-rate award amounts for 2009-10 (one amount for
full-time undergraduates and one amount for part-time undergraduates).
The amounts shown are for the full award year, and one-half can be paid
to eligible students in each the fall and spring disbursement cycles.
Important dates/deadlines that institutions and the State Regents'
office must meet are listed in the attached Timelines and Procedures for
2009-10.  These have been established in an effort to maximize the
efficiency of the administration of the OTAG program to best benefit
students statewide.  All institutions are expected to adhere to the
schedule, and everyone's cooperation is appreciated.
These documents are being added to the OTAG information section of the
Financial Aid Resources for Institutions website
http://www.okhighered.org/admin-fac/FinAidResources/.  If you do not
already have this site bookmarked, we encourage you to do so, since it
is a quick reference regarding information about all of the financial
aid programs administered by OSRHE.
We are currently awaiting 2009-10 OTAG database and reporting system
start up.  Based on the latest information provided by our IT staff, we
anticipate that pre-populated OTAG Award Claim Forms for use by campus
financial aid staff as "work copies only" will be available in mid-June.
We will make an announcement when institutions can submit requests for
these work copy reports.  The actual Award Claim Form process for fall
semester disbursements will begin closer to the beginning of the fall
semester, and more information in this regard will be forthcoming.
Important Reminders: 
*	OTAG does not send award notices to students. We are relying on
institutions to include OTAG award information in their student award
notices. Please realize that if institutions do not include OTAG awards
in their student award notification process, the students will receive
no confirmation that they are receiving an OTAG award.  We're counting
on institutions to be the messengers.  
*	Other than OTAG's Oklahoma residency requirement and the
statutory limitations on the types of institutions that are eligible to
participate, student eligibility requirements for OTAG are the same as
student eligibility requirements for Pell.  If you cannot award Pell
funds to a student, you cannot award OTAG funds to the student.
As always we appreciate your assistance in delivering OTAG funds to
Oklahoma's students. If you have questions regarding the OTAG program or
the attached documents, please contact our office.
 <<OTAG Award Payment Schedule_2009-10.doc>> 	 <<09-10 Award Flat
Rate_052209.xls>> 	 <<2009-2010 OTAG Timelines & Procedures.doc>> 
Shiela Joyner
Director, Oklahoma Tuition Aid Grant Program
Oklahoma State Regents for Higher Education
PO Box 108850
Oklahoma City, OK 73101-8850
Internet:  sjoyner at otag.org
Voice:  405.225.9378 or Toll Free 877.662.6231

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