✔Confirm Student Aid Internet Gateway Account
Deadline:December 10, 2021
Note:Institutions participating in Federal Student Aid have until December 10, 2021, to confirm their Student Aid Internet Gateway account. This is a two-step process that must be performed by every Primary Destination Point Administrator. Failure to complete confirmation will result in a loss of access to the system and services. See the Federal Student Aid memo for details.
✔Submit Update for Perkins Cash on Hand
Deadline:December 15, 2021
Note:Institutions participating in the Federal Perkins Loan Program must update and submit Part III, section A, Line 1.2 (Cash on hand and in depository as of 10/31/2021) on the Fiscal Operations Report for 2020–21 and Application to Participate for 2022–23 (FISAP) by December 15, 2021. The requirement includes institutions that are in the process of liquidating but have not yet received a completion letter from the Department of Education. Refer to the Federal Student Aid memo for details.
✔Submit FISAP Edits and Corrections
Deadline:December 15, 2021
Note:The deadline for making editing or correcting the Fiscal Operations Report for 2020-21 and the Application to Participate for 2022-23 (FISAP) is December 15, 2021. Administrators are advised to verify the accuracy of their FISAP by following the steps outlined by the Department of Education and submitting any corrections or changes by the deadline. Read more on the Federal Student Aid website.
✔Pay Social Security Tax Deferred Under the CARES Act
Deadline:December 31, 2021
Note:The due date for payment of deferred employer-share of Social Security tax is approaching. Half the deferred amount must be paid by December 31, 2021. Because that date is a legal holiday in the District of Columbia, payment made up to January 3, 2022, will be considered timely. Failure to meet the deadline may result in penalties and interest. The IRS has posted detailed information and maintains a list of relevant FAQs. Note that third-party payroll processors may require employers to pay earlier than usual in order to meet the deadline.