Setting Up Pell Funding Method
This section provides an overview of the Pell funding method and discusses how to define the Pell funding method.
As part of the Pell payment process setup, institutions must indicate if they are an advanced funding institution or just-in-time funding institution. Under the just-in-time payment method, an accepted disbursement record becomes both a report of a disbursement for a student and a request for funds.
Access the Financial Aid Defaults page ().
Find a complete description of the Financial Aid Defaults page in Setting Up Your Financial Aid Awarding Cycle, Establishing Defaults, Defining Installation Level Defaults.
Select the Pell Just In Time Institution check box in the Activation Indicators group box to indicate that you participate in the just-in-time funding method.
Clear the Pell Just in Time Institution check box to indicate that you participate in the advance funding method.