Acethly, It is important that you have policies and procedures in place as you move forward into financial aid to insure compliance with documents, reporting and other areas of the school. Developing a plan to guarantee the proper collection of documentation and timely reporting will be critical to the overall success of the process for your school and students. There is some great information on the ifap website that will provide you with the requirements and numerous workshops you may attend to insure that you stay current on all of the requirements. Best wishes to you in this very exciting and fast-pace area of financial aid. Chyrl Ayers