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Packaging ACG and SMART Awards in Nonstandard Award Periods

You can package ACG and SMART grants for students in nonstandard award periods, such as a leading or trailing summer. ACG or SMART grants can be awarded for either a single award period (academic or nonstandard) or across multiple award periods (Nonstandard/Academic or Academic/Nonstandard).

You can also package ACG or SMART grants across academic and nonstandard award periods in batch, manual, or automatic packaging mode. Examples in this section include manual and auto packaging for leading summer periods and auto packaging for a trailing summer term.

This section show examples for:

Page Name

Definition Name

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Usage

Student Aid Package

STDNT_AWARD_ENTRY3

select Financial Aid, then select Awards, then select Awards Processing, then select Assign Awards to a Student, then select Student Aid Package

Use auto packaging. Perform online manual awarding and Auto Packaging. Auto Packaging can be combined with online manual awarding in the same awarding session.

Award Disbursement Detail

STDNT_PKG_DISB_SEC

Click the Disbursement link on the Student Aid Manual page, Manual Student Packaging page, or Professional Judgement page.

View award disbursement ID detail as well as create custom split amounts and customize loan fee amounts.

You can use the Student Aid Package page to package ACG or SMART awards for students in leading or trailing summer periods. The disbursement plans and split codes associated with the award dictate how the award spans across the award periods.

Access the Student Aid Package page (select Financial Aid, then select Awards, then select Awards Processing, then select Assign Awards to a Student, then select Student Aid Package).

Image: Student Aid Package page: Award tab

This example illustrates the fields and controls on the Student Aid Package page: Award tab.

Student Aid Package page: Award tab

This example shows the ACG1 award was manually packaged across leading summer and academic award periods using a Disbursement Plan/Split Code that spans both award periods.

To view the disbursement detail for this example, access the Award Disbursement Detail page (click the Disbursement link on the Student Aid Package page).

Image: Award Disbursement Detail page

This example illustrates the fields and controls on the Award Disbursement Detail page.

Award Disbursement Detail page

This Award Disbursement Detail page shows the award spanning across leading summer and fall terms.

This example shows the student was auto packaged initially with a Leading Summer Packaging plan (Award Period = Nonstandard). The student is subsequently auto packaged with an Academic Award Period packaging plan. Therefore, when you post the award, it results in a Custom Split for ACG1.

Access the Student Aid Package page (select Financial Aid, then select Awards, then select Awards Processing, then select Assign Awards to a Student, then select Student Aid Package).

Image: Student Aid Package page with a custom split for the ACG1_SEM award

This example illustrates the Student Aid Package page with a custom split for the ACG1_SEM award.

Student Aid Package page with a custom split for the ACG1_SEM award

To view the disbursement detail for this example, access the Award Disbursement Detail page (click the Disbursement link on the Student Aid Package page).

Image: Award Disbursement Detail page

This example illustrates the fields and controls on the Award Disbursement Detail page.

Award Disbursement Detail page

This Award Disbursement Detail page shows that the ACG1 award spans the leading summer and fall terms.

This example shows that the student was batch packaged initially with an Academic Award Period packaging plan, which resulted in the student being awarded the ACG2 award. The student was then auto packaged with a Nonstandard Trailing Summer Packaging plan, which resulted in the SMART1 Grant being awarded for the trailing summer term.

Access the Student Aid Package page (select Financial Aid, then select Awards, then select Awards Processing, then select Assign Awards to a Student, then select Student Aid Package).

Image: Student Aid Package page

This example illustrates the fields and controls on the Student Aid Package page.

Student Aid Package page

To view the disbursement detail for this example, access the Award Disbursement Detail page (click the Disbursement link on the Student Aid Package page).

Image: Award Disbursement Detail page for Sequence 20

This example illustrates the fields and controls on the Award Disbursement Detail page for Sequence 20.

Award Disbursement Detail page for Sequence 20

This Award Disbursement Detail page shows that the ACG2_SEM (Sequence 20) award spans only the Academic Award Period terms.

Access the Award Disbursement Detail page for the SMART grant.

Image: Award Disbursement Detail page for Sequence 80

This example illustrates the fields and controls on the Award Disbursement Detail page for Sequence 80.

Award Disbursement Detail page for Sequence 80

This Award Disbursement Detail page shows that the SMART1_SEM (Sequence 80) award spans only the Trailing Summer Nonstandard Award Period term.