Financial Aid Period Window

The Financial Aid Period window allows you to create financial aid periods for your organization. A financial aid period (FAP) represents an academic term and payment period. The Business Office can group and report financial aid for each defined financial aid period.

Each period of education (POE) must be assigned to one financial aid period. Multiple POEs may be assigned to the same financial aid period. When billing periods are activated, the same financial aid period can be assigned to multiple billing periods. As charges are generated, they are stamped with the financial aid period assigned to the billing period. When financial aid is disbursed, each financial aid disbursement transaction is assigned the financial aid period associated with the disbursement POE. This allows the charges and the financial aid to be associated based on their shared financial aid period.

If your organization allocates financial aid to charges, when financial aid is disbursed, it is allocated to the specific charges assigned the same financial aid period associated with the POE for each disbursement.

Beginning and ending dates for one financial aid period cannot cross over to another; they must remain unique. The priority assigned to a financial aid period must also remain unique.

Columns

Enter or update the financial aid period code.

Enter or update text that describes the financial aid period.

Enter or update the date on which this financial aid period begins.

Enter or update the date on which this financial aid period ends.

Assign a unique priority number to the financial aid period. This establishes relative order to the periods.

How To

1. Open the Financial Aid Period window.

2. Choose Add Row from the right-click menu.

3. Enter a unique code for the period in the Financial Aid Period Code column.

4. Enter a description for the financial aid period in the Description column.

5. Enter the beginning and ending dates.

The Begin Date and End Date for one financial aid period cannot cross over to another; they must remain unique.

6. Enter a unique priority number to assign a relative order to your existing periods.

1. Open the Financial Aid Period window.

2. Locate the period you want to update or review.

To quickly locate a financial aid period, click on the column headings to sort, or enter full or partial sort criteria in the browse row at the top of the list.

3. Make any necessary changes.

The Begin Date and End Date for one financial aid period cannot cross over to another; they must remain unique.

4. To save changes, click the Save icon and close the window.

1. Open the Financial Aid Period window.

2. Locate the period(s) you want to delete.

To quickly locate a financial aid period, click on the column headings to sort, or enter full or partial sort criteria in the browse row at the top of the list.

3. Highlight the period row(s) and click the Delete Row icon or select Delete Row from the right-click menu.

To select multiple rows, press Ctrl and click on the rows to highlight them.

4. Click the Save icon and close the window.