Student ISIR Hold/Clear Forms [5033]

 

 

          

 

Module Description

This module enables you to clear ISIR holds for disbursement processing.  Data is automatically derived from the ISIR when it arrives and if an ISIR arrives with problems and/or holds, validations are automatically applied and disbursements appear in Problem Checks until the appropriate forms are collected and posted in this module. ISIR holds are posted automatically while ISIR clearances are posted manually.

An example of a required Form posting: an ISIR is received through RGMSMS with a “C” Code Hold, or Default Hold. The Holds are automatically posted in this module. The FAO follows the required procedures for verifying a student’s FAFSA/ISIR and/or clearing up the stipulation as specified by ED and the school. Once this is completed and the appropriate documents/forms are in the student’s file, the FAO clears the Hold in RGMSMS by posting the appropriate Form (Form Title) in this module. The aid disbursement(s) will not appear in payable check processing until the required Form(s) are posted.

Note: In addition, Verification Holds are posted and cleared up in Trx 5026.

 

 

Field

Description

Key

Refers to the number sequentially assigned for each entry under the logged in school or campus

Forms

A listing of Student ISIR Holds and ISIR clearances

Received By

Refers to the FA Employee verifying that the ISIR hold is cleared/ completed. Active Staff members who have been assigned to the Financial Aid Department in their employee profiles will appear as an option on the Staff dropdown

RGM Staff

If a hold/clearance is posted automatically by the system or by an RGM Employee, this field is used in place of the “Received By” field

Form Date

Date the student completed or signed the appropriate Form. If a hard copy Form is not applicable, enter the date the verification was completed or discrepancy was determined as corrected. This date must be after the ISIR Date Received. (Example: If an ISIR is received on 7/1/07 with a Verification Hold, the Form Date on the Verification Worksheet  must be on or after 7/1/07)

Award Year

Refers to the Four digit Award Year during which the ISIR was received. (Example:  If you are posting a Verification Worksheet form for an 2007-2008 ISIR that was selected for verification, enter 2008)

Form Status

Refers to the current status of the Form being posted. You may add a new status by clicking New and then ADD