Configure Packaging

You can use the Packaging page to configure various features of the financial aid packaging process.

   Review the training (Anthology Academy registration and login required):

Financial Aid Packaging  (4 min.)

Prerequisites

You must have: 

• To view, Financial Aid - Settings - View authorization

• To configure, Financial Aid - Settings - Manage authorization

If you want to edit an item and it is associated with more than one campus, you must have access to all the campuses. For example, if the item was configured so that it is 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 where you have access.)

You should be familiar with the Background for Packaging.

Access Method

Select the Settings tile > locate Financial Aid in the tree > select Packaging.

Procedure to Edit Items

1. Select the options to configure the following lists.

   List	Specify the following options
   Awarding	Add bank fees to COA when adding new loans Specify if you want to add bank fees to the Cost of Attendance (COA) when loans are added in packaging. The options are Yes, No, and Prompt User. The Prompt User option is supported only for backward compatibility. Allow user to override EFC Select the check box if you want the FAFSA calculation to prompt you to store the recalculated Expected Family Contribution (EFC) value. Allow user to reassign Academic Year on Student Aid Select the check box if you want to allow reassigning financial aid from one academic year to another. Award Letter Type Select the award letter type. The options are Award Year and Academic Year. Display RBS Grid Specify if you want the Remaining Balance to Schedule (RBS) portion of the grid to be displayed. First Time Borrowers: Number of days to add to first loan disbursement Specify the number of days to add to the first loan disbursement date for First Time Borrowers. Need Analysis Grid Select the analysis grid. The Standard option allows you to process Financial Aid packages using the standard Financial Aid Packaging form. The Alternate option allows you to use a user-specific Financial Aid Packaging form. Remove campus based aid disbursements that cross over award years and adjust total amount Select the check box if you want to configure the system to truncate campus-based aid awards during crossover periods.
   Multiple disbursements	Exclude Holidays Select the check box to automatically exclude holidays when determining disbursement dates. Exclude Weekends Select the check box to automatically exclude weekends when determining disbursement dates. Use State From ISIR Select the check box to use the state on the student's ISIR to determine the date of a disbursement (state laws may require disbursements to occur on specific dates or under specific conditions).

2. Click Save to save the changes.