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GAPS Home Page Page 4 of 13 <br /> the case management teams. The reimbursement analysts will process the <br /> request through GAPS. <br /> TOP <br /> ADJUSTMENTS <br /> 13. What is an adjustment? <br /> With GAPS, grantees /payees are able to adjust or redistribute their prior <br /> drawdown requests by clicking on the Adjust Drawdown Amounts button. <br /> Helpful Hint: The net must always equal zero when making adjustments. <br /> 14. How will a grantee /payee know if adjustments made electronically <br /> were accepted? <br /> When a transaction is rejected due to some error condition, the grantee /payee <br /> will receive an immediate message prompting them to correct and resubmit <br /> the transaction. Refer to the GAPS Activity Report to confirm that <br /> adjustments have been accepted. <br /> TOP <br /> REFUND PROCEDURES <br /> 15. Are there any changes in the requirements for returning excess cash? <br /> No. Grantees /payees are required to return excess cash when it has an <br /> amount in excess of its expenditures and immediate needs for each <br /> authorized program. <br /> 16. How do I return funds to the Department? <br /> Funds should be returned using the Electronic Refund function in GAPS. <br /> The Electronic Refund function can be accessed from the GAPS 'Main <br /> Menu'. <br /> In addition, the Department will continue to accept refund checks. The <br /> Lockbox address is as follows: <br /> U.S. Department of Education, P.O. Box 952023 St. Louis, MO 63195 -2023 <br /> When a grantee /payee returns funds, a single return payment can be sent to <br /> the Department, accompanied by a memo entry in the record identifying the <br /> individual grant awards by amount. The refund can be sent to the Department <br /> via Fedwire or ACH (electronic funds transfer). <br /> Direct Loan grantees /payees can send INTEREST ONLY payments via <br /> Fedwire to: Wachovia Bank, NA, Account No. 1302 8525, ABA No. 0610 <br /> http: / /e- grants.ed.gov /gapsweb /faq.htm 5/29/2002 <br />