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GAPS Home Page Page 7 of 13 <br /> 27. How do I adjust payment requests that have been deposited to my <br /> bank account? <br /> Once your bank account contains the previously requested payment <br /> drawdown, you have two options for handling any overdrawn amounts. <br /> 1. You may spend the overdrawn amount on another grant as long as it can <br /> be done within three business days of receipt of the overdrawn payment and <br /> as long as another grant has sufficient funds from which to draw. <br /> 2. Adjust the draw down amount by decreasing the initial grant amount by <br /> the overdrawn amount and increasing the grant amount for another award via <br /> the Adjust Drawdown Amounts button. Enter the appropriate adjustments, <br /> then click on the OK button. <br /> 28.What are the different statuses of my payment requests? <br /> Payment Request Statuses <br /> Ready for Scheduling: Payment requests waiting to be scheduled by <br /> Disbursement Scheduling Official. These can be modified. <br /> Approved and Ready for Scheduling: Payment requests which were routed <br /> for ED approval, subsequently approved by the Payments, Program, or <br /> Accounts Receivable office and are ready for scheduling. These cannot be <br /> modified.office and are ready for scheduling. These cannot be modified. <br /> Placed on Unapproved Schedule: Payment requests included in a <br /> Disbursement Schedule, but not yet approved by the Disbursement <br /> Scheduling Official. <br /> Removed by Scheduling Official: Payment requests removed by the <br /> Disbursement Scheduling Official. Requests go to the Payments Office for <br /> approval. <br /> Scheduled: Payment requests scheduled for disbursement by the <br /> Disbursement Scheduling Official. These requests are awaiting certification. <br /> In Transit: Payment requests included in a Disbursement Schedule, sent to <br /> FRB, but not yet confirmed by Treasury. <br /> Rejected: Rejected by FRB. This only applies to FEDWIRE payments. <br /> Confirmed: Payment requests sent to and confirmed by Treasury. <br /> Returned: Payment requests confirmed by Treasury and later returned by <br /> FRB. <br /> Waiting for Payment Office Approval: Payment requests routed for <br /> Payment office approval. <br /> http: / /e- grants.ed.gov /gapsweb /faq.htm 5/29/2002 <br />