Financial Aid Implementation

Financial Aid enables you to generate a list of setup tasks for your organization based on the features that you are implementing. The setup tasks include the components that you must set up, listed in the order in which you must enter data into the component tables, and links to the corresponding PeopleSoft documentation.

Financial Aid also provides component interfaces to help you load data from your existing system into Financial Aid tables. Use the Excel to Component Interface utility with the component interfaces to populate the tables.

This table lists all of the components that have setup component interfaces:

Component	Component Interface	References
AGGR_AID_TBL	SFAA_AGGR_AID_TBL	See Setting Up Aggregate Aid.
AID_YEAR_CAR_TERM	SFAG_AID_YR_CAR_TERM	See Defining Valid Terms for Careers.
AWARD_MESSAGES	SFAA_AWARD_MESSAGES	See Setting Up Award Messages.
BUDGET_GROUP_TABLE	SFAB_BUDGET_GROUP_TABLE	See Creating Budget Groups.
BUDGET_ITEM_TABLE	SFAB_BUDGET_ITEM_TABLE	See Defining Budget Items.
FINANCIAL_AID_ITEM	SFAG_FINANCIAL_AID_ITEM	See Defining Financial Aid Item Types.
TIV_SCHOOL_CODE_TBL	SFA_TIV_SCHOOL_CODE	See Defining Your School Code.

The following is a list of tasks that you should complete as part of setting up your financial aid system:

Design your financial aid awarding cycle. Decide how you want to implement your operational structure, awarding practices, and institutional procedures to work with your system.
Associate the financial aid year with your school code and identify all possible careers for each aid year and school code.
Specify which academic careers qualify for financial aid and set up the terms for each financial aid career.
Establish general financial aid processing defaults on the Financial Aid Defaults page. Default values can remain the same for many aid years and apply to students regardless of their career.
Assign the appropriate rule sets for need analysis calculations and financial aid processing.
Set up level/load rules with the student records staff. Set up and build financial aid terms.
Set up student budgets. Create budget categories and budget items within each category. Use budget formulas and budget trees to set eligibility criteria for each budget item.
Set up global application processing options.
Set up financial aid item types and define packaging and awarding rules.
Set up processing options for all loans awarded to your students by your institution.
Define Pell installation defaults, Pell institution identification, and payment information.
Establish disbursement rules.
Define which financial aid item types are used for Return of Title IV Fund calculations.
Set up self-service options.

Other Sources of Information

In the planning phase of your implementation, take advantage of all PeopleSoft resources of information, including the installation documentation, data models, business process maps, and troubleshooting guidelines.

See PeopleTools: Setup Manager