AEP Questions and Answers
This is a collection of questions that are most frequently asked of the AEP Office. They are organized by topic area and will be updated as needed.
Fiscal Agent/Direct Funded
Q1 A few years ago, our consortium changed from a Fiscal Agent to direct funded using a Fiscal Banker. One of the agencies has been the Fiscal Banker. If the consortium votes to use another agency as the Fiscal Banker, where do we change the agency and address on the CFAD?
In the fiscal guidance, it states to indicate in NOVA under fiscal declaration if there are changes. When in NOVA, in the CFAD changes to fiscal agent, structure, and allocations can be made and they would need to indicate a change and then add a description of what change is happening and why.
When you indicate a change this will trigger CAEP to fund appropriately.