Data Sources and Methods to Obtain External Awards
External award or resource data can be communicated to the financial aid office in various formats and methods:
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Data files, such as state grant roster files or internal departmental scholarship files.
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Manual data entry required when a student submits paper financial aid notifications that indicate outside or private scholarship awards.
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Entries from students who enter outside or private scholarships and grants in Self Service.
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Data included in other nonfinancial aid specific records, such as waiver and third-party contract payments already posted to a student's (SF) account.
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School Loan Certification Requests, which differ from all other external awards. The borrower applies for a loan directly with the servicer and the servicer requests that the school certify the borrower's eligibility.
External award data processing is built around a core set of External Award Staging records that maintain the external award transaction data. Every external award transaction entered is keyed with a set of transaction key values and provided a processing status as it relates to the loading of that transaction into the student award records.