Finance

The purpose of the IPEDS Finance component is to collect basic financial information from items associated with the institution's General Purpose Financial Statements.

Finance Workflow

Student Success Research & Analysis (SSRA) Data Coordinator for IPEDS creates user ID's for University Controller's Office (UCO) Data Coordinator and Accountable Officer on behalf of the Keyholder.
UCO Data Coordinator inputs data to IPEDS portal.
UCO Data Coordinator runs edit report.
SSRA Data Coordinator runs checks and balances on edit report and survey data.
SSRA creates External Data Request (EDR) for submission in JIRA based on IPEDS calendar.
SSRA gets survey package from IPEDS for Box folder.
UCO sends relevant documentation to SSRA for Box.
SSRA creates sign-off.
SSRA sends sign-off via DocuSign.
UCO Data Coordinator, UCO Accountable Officer and Key-holder sign off.
First lock by Key-holder.

Reporting Documentation

Submission Year	Reporting Criteria	Type
2022-23	The following changes were implemented for the 2022-23 data collection period: Question 4 was reorganized for clarity. [Applicable to degree-granting institutions only]	Change
2022-23	Report data to accurately reflect the time period corresponding with the IPEDS survey component, even if such reporting is seemingly inconsistent with prior- year reporting.	Reminder
2021-22	There are no changes to the 2021-22 collection.	Change
2021-22	Report data to accurately reflect the time period corresponding with the IPEDS survey component, even if such reporting is seemingly inconsistent with prior- year reporting. For example, if a summer term began later than usual due to Coronavirus Pandemic postponements, continue to report using the timeframes as defined in the IPEDS instructions. NCES expects that some data reported during the 2021-22 data collection year will vary from established prior trends due to the impacts of Coronavirus Pandemic. If an error edit is triggered even when submitting accurate data, please indicate in the corresponding context box or verbally to the Help Desk that the seemingly inconsistent data are accurate and reflect the effects of Coronavirus Pandemic.	Reminder
2020-21	Using GASB Reporting Standards: Screening question on pension and Post-employment Benefits Other than Pension (OPEB) has been split into two questions in General Information. Part E has been relabeled to become Part E-1 and new screen Part E-2 on Sources of Discounts and Allowances has been added. New data elements have been added to Part H to collect more detail on the change in endowments and all instances of “endowment assets” have been revised to “endowment net assets.” (degree-granting public institutions only) New data elements for Postemployment Benefits Other than Pension (OPEB) have been added to Part M-2. New screen and data elements have been added to collect numerator and denominator for financial health ratios calculations in Part N. (degree-granting public institutions only)	Change
2020-21	Using FASB Reporting Standards: New screening question on athletics revenues has been added to General Information. (degree-granting private, not-for-profit institutions only) Part C has been relabeled to become Part C1 and new screen Part C2 on Sources of Discounts and Allowances has been added. New data elements have been added to Part H to collect more detail on the change in endowments and all instances of “endowment assets” have been revised to “endowment net assets.” (degree-granting private, not-for-profit institutions only) New screen and data elements have been added to collect numerator and denominator for financial health ratios calculations in Part I. (degree-granting private, not-for-profit institutions only)	Change
2020-21	For-Profit Institutions: Part C has been relabeled to become Part C1 and new screen Part C2 on Sources of Discounts and Allowances has been added. New screen and data elements have been added to collect numerator and denominator for financial health ratios calculations in Part G. (degree-granting private, for-profit institutions)	Change
2020-21	Report data to accurately reflect the time period corresponding with the IPEDS survey component, even if such reporting is seemingly inconsistent with prior-year reporting. For example, if a summer term began later than usual due to Coronavirus Pandemic postponements, continue to report using the timeframes as defined in the IPEDS instructions. NCES expects that some data reported during the 2020-21 data collection year will vary from established prior trends due to the impacts of Coronavirus Pandemic. If an error edit is triggered even when submitting accurate data, please indicate in the corresponding context box or verbally to the Help Desk that the seemingly inconsistent data are accurate and reflect the effects of Coronavirus Pandemic.	Reminder

Resources

Box Folders

IPEDS Survey Materials

Reference

Jira Issues

ODSPA-11455 - Getting issue details... STATUS

ODSPA-13766 - Getting issue details... STATUS