Description: Colleges reconcile Pell Grant financial aid data with awards paid and accepted through the Common Origination and Disbursement (COD) system.
A school that participates in the Direct Loan Program is required to reconcile the funds it has received (from the G5 system) to pay its students with the actual disbursement records it has submitted to the Common Origination and Disbursement (COD) system.
Agency: U.S. Department of Education
Direct Agency: Federal Student Aid
Common Origination and Distribution (COD) Website (log in required):
Pell Grant Information Webpage: