Student Financial Aid Packaging [5012]

 

 

 

Module Description

This module shall enable you to create, modify, delete, and browse through records of Student Financial Aid Packages. Award Letters and Shopping Sheets may also be accessed and printed from this module.

TIP: Select the appropriate Budget Year from the Budget Year Dropdown before working forward in this module

 

 

VIEWING STUDENT COSTS

 

1.          The Budget Year selection will default to the first Budget Year of the selected student’s enrollment. Ensure you are working with the correct Budget Year before proceeding.

                    

2.          The first screen to display will be the Student Costs Tab. This consists of the student’s Cost of Attendance (COA) for the selected Budget Year which is automatically derived from the budget used by the institution.

3.          If a Professional Judgment is made on a FAFSA for a student the user should note it here.

                    

          NOTE: COA can’t be modified in this module; to modify COA figures go to the institutional budget.

 

 

 

MAKING AN AID AWARD

1.          The second tab is Aid Awards and Needs which allows awards to be entered for Title IV and Non-Title IV Aid.

2.          To enter an award, first select the Award Year.

3.          Select the Funding Agency by clicking the box to the left of the funding agency and enter the Award amount for the entire award year, click SAVE. PELL awards are automatically calculated by RGMSMS and can’t be modified by the user. All other awards are entered manually by the user.

                    

4.          After entering an award for Non-Title IV Aid and clicking SAVE, a link will appear labeled Breakdown.

                    

5.          Clicking the Breakdown link will enable you to adjust the Number of Scheduled disbursements, Amount and Date of each Disbursement. To MODIFY a disbursement, click the box to the left of the scheduled disbursement as this will allow you to access each field. To CANCEL, uncheck the box to the left of the disbursement. Be sure to click SAVE

                    

6.          Click CLOSE to return to the Aid Awards and Needs screen. RGMSMS automatically determines the number of Non-Title IV Aid Disbursements by dividing the award amount by the standard disbursement number entered in Non-Title IV Aid Programs TRX 1007. If the typical number of disbursements for a Non-Title IV funding agency is incorrect, inform your RGM customer support representative.

          

          Note: Types of Funding Agencies appearing in Aids Awards and Needs are entered in US Title IV Program Eligibility TRX 1006 and Non-Title IV Aid Programs TRX 1007.

 

 

 

PRINTING AN AWARD LETTER

 

1.          The third tab to display is Award Letter. This screen allows you to print student Award Letters for each Budget Year.

                    

2.          Select the appropriate Budget Year and click PRINT.

 

          

 

 

 

 

PRINTING A SHOPPING SHEET

 

The fourth tab to display is the Shopping Sheet. This screen allows you to print student Shopping Sheets for each Budget Year.