ISIR Corrections

Review the settings for which data points compared between the ISIR and PowerFAIDS should trigger a correction record, and ensure they're is set to meet your institutional requirements. Each award year can have different settings.

1. Navigate to Import/Export > ISIR > Correction Export.
2. Select the award year you want to review.
3. Select Data Comparison Settings.
4. For each data point on the Student Data and Parent Data tabs, review the setting and adjust as needed. Save any changes.

For more information on this page and the related settings, see ISIR Correction Data Comparison Settings.

Make any necessary manual updates to ISIR fields on the student record on one or more ISIR pages (Student Record > ISIR). Examples include: Grade Level; Self-Reported Tax Information for student, spouse, and/or parent(s); Dependency; Federal Programs; Verification Status; Dependency Override; Professional Judgement; etc.

Ensure the Release Status for the ISIR is set to Released.

1. Navigate to ISIR > Calculated Data within the Student Record.
2. Update the Release Status as needed.

For more information on updating ISIR data in PowerFAIDS, see Working with ISIR Data on the Student Record.

This process is used to generate a report of corrections to send to the FAFSA Processing System (FPS) and then to import the new ISIR files once received.

1. Navigate to Import/Export > ISIR > Correction Export and run the export process in simulation mode.
2. Review the export Results Report and resolve any errors.
3. Run the export process again in real mode.
4. Navigate to Import/Export > File Manager, open the Exports > ISIR Corrections folder and download the corrections file.
5. Send the file to FPS using EdConnect.
6. Once available, download the new ISIR transactions from FPS using EdConnect.
7. In PowerFAIDS, navigate to Import/Export > ISIR > Import and upload and import the ISIR file(s) from FPS.
8. Review the import Results Report.

• Recommended: Review the Federal Student Aid Handbook and ensure your comparison settings meet the regulations for when corrections must be sent.
• The ISIR Update Required (ISIRCalculated.ISIRUpdateRequired) field on the student record under ISIR > Calculated Data checks the Calculated SAI based on the current PowerFAIDS data versus the SAI from the posted ISIR. If they are different, then the ISIR Update Required field will be set to Yes. This is one way to find ISIRs that may need a correction sent to FPS.
• Run any export process in simulation mode before running in real mode. This gives you a chance to resolve any issues before creating the file and updating student records, which occurs when the process is run in real mode.
• Review the Results Report for any export or import process.
• ISIR Transactions can be viewed on the student record under ISIR > Transaction Data.