Overview

The ISIR Correction Verification Wizard is accessible to Access staff users with the appropriate permissions if the 'Enable Regent Access' configuration is enabled. The ISIR Correction Verification Wizard is used to make corrections to a submitted application, recalculate an EFC, and generate a subsequent ISIR transaction. 

ISIR Tab

Each Regent Access application submitted will generate an 01 ISIR transaction and will be viewable at the top of the screen upon ISIR import via the ISIR tab.  Subsequent ISIRs can be generated via the ISIR Correction Verification Wizard.  Each ISIR transaction imported into Regent is displayed.  

Start ISIR Verification Correction Wizard

The wizard can be accessed via the ISIR tab for the Student in Regent. To generate an ISIR correction, select the applicable FAY ISIR transaction at the top of the screen and click the Start ISIR Verification/Correction Wizard button. The FAFSA field, Original Value, and Corrected Value columns will be displayed. Only the Corrected Value column is editable for users to make corrections. The following categories are available on the left to allow for easier navigation during the correction process:

• Verification Group (if applicable)
• Student Information
• Student's and Spouse's Income and Assets
• Student Status
• Parental Information
• Student's Household Information
• Student's College Information
• Signatures
• Assumption Override Flags
• Reject Override Flags

To complete a correction, enter the corrected values and click 'Continue' through the wizard. The Verification Status will default to 'Not Verified' for the original 01 transaction.  All subsequent ISIRs generated via the ISIR Verification Correction Wizard are set to 'selected, but not Verified'. If a new ISIR transaction is needed, the 'Mark Corrections for Submission To CPS?' should be set to 'Yes'.  The wizard can still be used to recalculate an EFC, even if no new ISIR transaction is needed. In these cases, the 'Mark Corrections for Submission To CPS?' should be set to 'No'.  The following fields display but are not utilized for Regent Access solutions:

• Packaging Options?
• Proof of Identity
• Statement of Educational Purpose

Users can enter details regarding the correction in the 'Notes' field based on each Institution's procedures. The results and list of changes are displayed at the bottom of the screen based on the information entered. The user must click 'Finish' to finalize the correction and generate a subsequent ISIR transaction. 

eAccess ISIR Formatted File

Correction transactions are processed and exported during the eAccess ISIR Format process and are made available via the sFTP.