Set Award Limits

You can use the Set Award Limits page to establish the maximum allowable award amounts for fund sources.

Students are packaged by the academic year in Anthology Student. Hence, the maximum award limits defined by Title IV regulations for award years are not taken into consideration.

To prevent awarding more than one Pell grant during an award year and to designate a limit of one award per award year for other fund sources in Anthology Student, you can select:

• An award year

• Any of the fund sources normally available

• Set a maximum amount associated with the award

Prerequisites

You must have: 

• To view, Financial Aid - Settings - View authorization

• To add or edit, Financial Aid - Settings - Manage authorization

To edit an item associated with more than one campus, you must have access to all the campuses. For example, if the item is configured to be available at three campuses and you only have access to two of the campuses, you can view, but cannot edit it. (When you add an item, you can only select campuses to which you have access.)

Access Method

Select the Settings tile > expand Financial Aid > select Set Awards Limits.

Procedure to Set Award Limits

1. Review, change, or specify the following values to filter the list.

   Award Year Select a single financial aid award. This field is a single select list. This award year is only applied to the selected campus location. Campuses The campus or campuses to which a person or item is assigned. It is filtered to display the campuses to which you have access. In some cases, it is also used to filter a list to only those items for the campus. In some lists, you can select more than one campus or select All. In lists that display columns, if the column contains more than one campus, you cannot sort or filter on that column.

   Fund Sources The source of this fund. If your institution uses fund source security, you must have permission to work with the fund source. The fund sources are presented in a multiselect list.

2. Select the Apply Filters button. Anthology Student displays the maximum allowable award amounts for the selected fund sources.

   Campus The campus or campuses to which a person or item is assigned. It is filtered to display the campuses to which you have access. In some cases, it is also used to filter a list to only those items for the campus. In some lists, you can select more than one campus or select All. In lists that display columns, if the column contains more than one campus, you cannot sort or filter on that column. Fund Source Name of the fund source associated with the credit transaction. This field is populated only if the credit transaction is associated with a Financial Aid award.

   Maximum Amount Specify the maximum amount for each fund source. The maximum limits are defined in the packaging method setup. If this feature is selected, it supersedes the maximum limit defined in the packaging method setup. One Award Per Year Select Yes or No to enable or disable the One Award Per Year option associated with the fund sources. If you indicate that only one award for a fund source for the Award Year is allowed, the system prevents users from adding additional awards for the fund source. Validation occurs at the student level rather than the enrollment level.

3. Take the appropriate action in the list.

   Action	Steps to follow
   Copy to award years	1.  Select the Copy to Award Years button. Anthology Student displays the Copy to Award Years dialog. 2.  Select Yes or No from the Copy to Award Years drop-down. 3.  Select the Save button.
   Assign one award to all	1.  Select the One Award for all button. Anthology Student displays the One Award for all dialog. 2.  Select Yes or No from the One Award Per Year drop-down. 3.  Select the OK button.
   Assign the maximum amount for all	1.  Select the Max Amount for all button. Anthology Student displays the Max Amount for all dialog. 2.  Enter a numeric value. 3.  Select the OK button.

4. Select Save to save the changes.