|
Actual Disbursement Date Specify the actual date of disbursement.
Automatically create Disb. Date Adjustments after payments have posted to ledger card Select the check box if you want the system to compare Direct Loan scheduled payment dates and the actual paid dates.
For additional information, see Background for Direct Loans.
Automatically update Origination Status to Ready to Send Select the check box to automatically promote the origination status from Not Ready to Ready to Send when a valid ISIR is on file for the student and the Direct Loan is in an Approved status.
For additional information, see Background for Direct Loans.
Default Academic Calendar Select one of the following: Credit hours - non-standard terms, Credit hours - standard terms of quarters, Credit hours - standard terms of semesters, Credit hours - standard terms of trimesters, Clock hours or Credit hours without terms.
Default Credits/Hours in AY Specify the default number of credits or clock hours in your school's academic year.
Default Payment Methodology Select one of the following: 1 Credit hour with standard terms in which Fall through Spring terms equal or exceed 30 weeks or equal or exceed academic year with waiver (AC: 2,3,4), 2 Credit hour with standard terms in which Fall through Spring terms are less than 30 weeks without waiver (AC: 2,3,4), 3 Credit hour with standard or non-standard terms (AC: 1-4), 4 Clock hour or Credit Hour without terms (AC: 5,6), 5 Nonresidential portion of programs offered by correspondence without terms (AC: 1-4,6). The options you will see in this field vary according to your choice of Academic Calendar.
Default weeks in AY Specify the default number of weeks in your school's academic year.
Disbursement Option Select a disbursement option. The options are Advanced Funding and Just in Time.
DUNS Number Specify your institution's 9-digit Data Universal Numbering System (DUNS) number.
This number is developed by the Dunn and Bradstreet Corporation and is used to identify businesses in automated files.
Financial Control Select a financial control code. The options are Public; Private, non-profit; and Proprietary.
Include Disbursement at status Scheduled Select the check box to allow your institution to report scheduled disbursements up to 7 days out from the reporting date.
Institution Type Select the institution type code.
The options are"'Less than one year", "1 year, less than two years", "2 years, less than three years", "3 years, less than four years", "4 years" (baccalaureate degree only), and "5 years or more".
Is your Institutional ineligible Select the check box if your institution is ineligible for COD grants.
If an institution is ineligible, the only additional piece of information the school must report is the payment period begin date.
Number of days past system date to include scheduled and ready to pay disbursements Specify the number of days out from the current date (up to 10) for which scheduled and ready-to-pay disbursements are to be reported.
Re-Originate PELL when anticipated disbursement dates are updated Select the check box if you want to re-originate Pell when anticipated disbursement dates are updated (if the disbursement has not been released to COD). For non-term institutions (Academic Calendars 5 and 6), the system automatically sets the Origination Status of an originated Pell award from Accepted or Batched to Send to Ready to Send when the anticipated disbursement date is updated by the Student Pace Evaluation (SPE) tool.
|
