OMB control number
Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form
OMB 1845-0030 · ED/FSA.
The Higher Education Act of 1965, as amended, requires participating Title IV institutions to apply for funds and report expenditures for the Federal Perkins Loan (Perkins), the Federal Supplemental Educational Opportunity Grant (FSEOG) and the Federal Work-Study (FWS) Programs on an annual basis. The data submitted electronically in the Fiscal Operations Report and Application to Participate (FISAP) is used by the Department of Education to determine the institution’s funding need for the award year and monitor program effectiveness and accountability of fund expenditures. The data is used in conjunction with institutional program reviews to assess the administrative capability and compliance of the applicant. There are no other resources for collecting this data. The HEA requires that if an institution anticipates not using all of its allocated funds for the FWS, and FSEOG programs by the end of an award year, it must specify the anticipated remaining unused amount to the Secretary, who reduces the institution’s allocation accordingly.
The latest form for Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form expires 2029-06-30 and can be found here.
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Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form (Public)
Federal Enterprise Architecture: Education - Higher Education
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