24.4.0 Is Now Available

Regulatory US

June 2024

What You Should Know

Release Overview

Regulatory US 24.4.0 provides updates for Application Processing, Auto Awarding, Eligibility evaluation using FA Credits, and Automated COD Processing as well as other enhancements and resolutions for Regulatory, Financial Aid Automation (FAA), and Financial Aid (Student Experience).

Timeline

June 28, 2024 - Regulatory US 24.4.0 Available

Upgrade Rollout Plans:

  • Anthology Cloud 2.0 - This update will be applied to your environments in accordance with your Master Services Agreement (MSA).

  • Anthology Cloud 1.0, CampusNet, and on-prem customers – If you would like to apply this update, please submit a CSR; scheduling will occur based on availability.

 

 

View Release Notes Download the Release Notes (Logon required)

 

Visit the Product Information site

Read the release notes, online help, and watch training videos at the Product Information site.

 

 

Important:

  • Regulatory US 24.3.0 consolidates Regulatory, Financial Aid Automation (FAA), and Financial Aid Student Experience into a single comprehensive release.

Release Highlights

This release contains the following enhancements:

  • Application Processing

    • Correction record layout update based on the Department of Education specification published on 5/22/2024

  • Auto Awarding

    • Auto Awarding processes award amounts and disbursement based on Financial Aid Enrollment Status and Enrollment Intensity

    • Auto Repackaging adjusts non-Title IV fund source based on FA Credits for term-based programs

  • • Auto Refund Calculation

    • Auto Refund Calculation prevents duplicates and allows Student Accounts to post manual refund calculations

    • Auto Refund Calculation warns users to review the IR calculation before approving R2T4

  • COD

    • Continued annual updates to fixed-length message classes, Direct Loan Rebuild, and TEACH files

    • Automated COD Export and Import Jobs can be configured to process 2024-25 5.0b schema files

    • COD Export and Import support the new Enrollment Intensity tag

  • Automated Disbursement Eligibility

    • Evaluation of Title IV funds using FA Enrollment Status and FA Enrollment Intensity that are derived from FA Credits.

  • Financial Aid (Student Experience)

    • Disbursement Status details are displayed on the Financial Aid Offer page in the Student Portal

    • Administrators can configure the notifications for students to update their housing details

  • Student Fund Management

    • Automated Student Fund Management now recognizes terms

Get the Most Out of Regulatory