Awarding for Both Award Periods Followed by a Single Award Period

You can award a student for both award periods and later award the student for a single award period, either the AAP or the NSAP. When you award the student for a single award period, only those awards with disbursement plan/split code patterns that fall within or span the designated award period can be changed and are processed as active awards. Awards whose disbursement plan/split code patterns designate an award period that does not match the designated award period mode are treated as passive awards.

WARNING:

Although you intend to reevaluate only a single award period, Packaging also reevaluates the portion that falls within that single award period of existing awards that span both award periods. If there has been a change in the student's need or eligibility that warrants a change in the award, Packaging adjusts the existing awards.

For example, at a semester-based institution with a trailing summer term, you award a student a 5,000 USD Honors Scholarship that covers the trailing summer term in addition to the academic year, with 40 percent disbursed in fall, 40 percent disbursed in spring, and 20 percent disbursed in the trailing summer term. The following screen shot displays this award on the Student Aid Package page:

This example illustrates the Student Aid Package page displaying the student's award for both award periods.

Then you offer the student a 2,625.00 USD subsidized Stafford loan for the academic year. Before you manually enter this award, you must select Academic as the award period, because you want to process the student only for the AAP. When you select Academic, Packaging determines that the Honors Scholarship is active because its disbursement plan/split code pattern designates it for both award periods, which spans the chosen award period processing mode of Academic.

This example illustrates the Award Disbursement Detail page.

Now you insert a second row and enter the 2,625 USD subsidized Stafford loan, with a disbursement plan/split code pattern that spans only the AAP. You can also change the Honors Scholarship award, and Packaging reevaluates it for need and eligibility when you validate the new award. However, Packaging changes only the disbursements in the AAP; the NSAP portion of the award remains unchanged.

WARNING:

Even if you do not change or intend to change the Honors Scholarship, the AAP portion of the award is reevaluated automatically by Packaging.

This example illustrates the Award Disbursement Detail page.

This example illustrates the Student Aid Package page.