Defining Aggregate Aid Limit Percentage Maximums for Pell Grants

You must define the Lifetime Eligibility Maximum percent and the maximum scheduled award percentage for First Pell (Pell1) and Second Pell (Pell2) in the Aggregate Aid Limit Setup.

Access the Aggregate Aid Limits page (Set Up SACR, and then Product Related, and then Financial Aid, and then Awards, and then Aggregate Aid Limits).

Note:

For a complete description of this page: See Creating Aggregate Aid Limits.

Field or Control	Description
First Pell Percentage	This field appears when the Aggregate Area has been activated as a Pell Grant. Enter 100.00 to ensure students are fully awarded a Pell1. If you enter any value less than 100.00, students are not fully awarded a Pell1. To calculate a student's remaining eligibility percentage for a Pell1, Packaging subtracts the Total Percent Used (Percent Scheduled Used from Incoming Aggregates plus Total Percent Used for Pell1 awards) from this field.
Lifetime Eligibility Maximum	This field appears when the Aggregate Area has been activated as a Pell Grant and the Aid Year is 2013 and beyond. Enter the maximum percentage for a student's Lifetime Pell Eligibility. For example, when the United States Department of Education says that a student cannot exceed 12 full-time semester terms (translated as 600 percent), then you would enter 0600.0000 in this field. An individual student's Lifetime Eligibility Used percentage plus current year system-generated Pell Grant award cannot exceed this maximum percentage.
Second Pell Percentage	This field appears when the Aggregate Area has been activated as a Pell Grant. Enter 150.00 to ensure that students are fully awarded a Pell2. If you enter any value less than 150.00, students are not fully awarded a Pell2. To calculate a student's remaining eligibility percentage for a Pell2, Packaging subtracts the Total Percent Used (Percent Scheduled Used from Incoming Aggregates plus Total Percent Used for Pell1 and Pell2 awards) from this field. When awarding a Pell2, the system determines if the term being awarded qualifies as a crossover payment period. If the term is a crossover payment period, the system uses the Use PELL Crossover Logic setup from the Financial Aid Defaults setup to determine how to award the Pell2 award. See Establishing Defaults. Note: The term being awarded should have the start date and end date defined on Maintain Student FA Term to determine if crossover payment period criteria has been met. See Building Financial Aid Terms Online.

Field or Control

Description

First Pell Percentage

This field appears when the Aggregate Area has been activated as a Pell Grant. Enter 100.00 to ensure students are fully awarded a Pell1. If you enter any value less than 100.00, students are not fully awarded a Pell1. To calculate a student's remaining eligibility percentage for a Pell1, Packaging subtracts the Total Percent Used (Percent Scheduled Used from Incoming Aggregates plus Total Percent Used for Pell1 awards) from this field.

Lifetime Eligibility Maximum

This field appears when the Aggregate Area has been activated as a Pell Grant and the Aid Year is 2013 and beyond. Enter the maximum percentage for a student's Lifetime Pell Eligibility. For example, when the United States Department of Education says that a student cannot exceed 12 full-time semester terms (translated as 600 percent), then you would enter 0600.0000 in this field. An individual student's Lifetime Eligibility Used percentage plus current year system-generated Pell Grant award cannot exceed this maximum percentage.

Second Pell Percentage

This field appears when the Aggregate Area has been activated as a Pell Grant. Enter 150.00 to ensure that students are fully awarded a Pell2. If you enter any value less than 150.00, students are not fully awarded a Pell2. To calculate a student's remaining eligibility percentage for a Pell2, Packaging subtracts the Total Percent Used (Percent Scheduled Used from Incoming Aggregates plus Total Percent Used for Pell1 and Pell2 awards) from this field.

When awarding a Pell2, the system determines if the term being awarded qualifies as a crossover payment period. If the term is a crossover payment period, the system uses the Use PELL Crossover Logic setup from the Financial Aid Defaults setup to determine how to award the Pell2 award.

See Establishing Defaults.

Note: The term being awarded should have the start date and end date defined on Maintain Student FA Term to determine if crossover payment period criteria has been met. See Building Financial Aid Terms Online.