Illustrating Disbursement Protection for Fully Disbursed Terms
The following examples illustrate the behavior of disbursement protection when you have fully disbursed all disbursement IDs within a designated award period.
Note:
The behavior of disbursement protection for fully disbursed terms is the same for both even split options, Even across Disbursements by term and Even among first disbursements by term.
Single Award Period
In this example, the even split option is Even among first disbursements by term with disbursement protection turned on for a semester-based institution with two disbursement IDs per term and a trailing summer. The tables display the distribution of an original award amount and then an example of how the system distributes an increase to an award.
The original award amount is 1,000.00 USD, the term target amount is 500.00 USD, and the designated award period is Academic. The full 1,000.00 USD has already been disbursed using all the disbursement IDs for the AAP.
| Term | Fall Disbursement | Spring Disbursement | Summer Disbursement | |||
|---|---|---|---|---|---|---|
|
Term Target Amount |
500.00 USD |
500.00 USD |
0.00 USD |
|||
|
Scheduled Amount |
500.00 |
0.00 |
500.00 |
0.00 |
0.00 |
0.00 |
|
Disbursement ID |
D 01 |
D 02 |
D 03 |
D 04 |
D 05 |
D 06 |
|
Disbursed Amount |
250.00 |
250.00 |
250.00 |
250.00 |
0 |
0 |
After fully disbursing the award, you increase the award from the original award amount of 1,000.00 USD to 2,500.00 USD. Packaging takes the residual amount (1,500.00 USD) and adds it to the last disbursement ID of the designated award period (D 04). The new total amount for D 04 is 1,750.00 USD (250.00 USD + 1,500.00 USD).
| Term | Fall Disbursement | Spring Disbursement | Summer Disbursement | |||
|---|---|---|---|---|---|---|
|
Previously Disbursed Amount |
250.00 |
250.00 |
250.00 |
250.00 |
0.00 |
0.00 |
|
Disbursement ID |
D 01 |
D 02 |
D 03 |
D 04 |
D 05 |
D 06 |
|
New Amount |
250.00 |
250.00 |
250.00 |
1,750.00 |
0 |
0 |
Both Award Period (Sufficient Need in Second Award Period)
In this example, the even split option is Even among first disbursements by term with disbursement protection turned on for a semester-based institution with two disbursement IDs per term and a leading summer. The tables display the distribution of an original award amount and then an example of how the system distributes an increase to an award.
The original award amount is 1,000.00 USD, the term target amount is 333.33 USD, and the designated award period is Both. The student's remaining need for the NSAP is 1,000.00 USD and for the AAP is 5,000.00 USD. The full 1,000.00 USD has already been disbursed using all the disbursement IDs for the both the Non-Standard and AAPs.
| Term | Summer Disbursement | Fall Disbursement | Spring Disbursement | |||
|---|---|---|---|---|---|---|
|
Term Target Amount |
333.33 USD |
333.33 USD |
333.34 USD |
|||
|
Scheduled Amount |
333.33 |
0.00 |
333.33 |
0.00 |
333.34 |
0.00 |
|
Disbursement ID |
D 01 |
D 02 |
D 03 |
D 04 |
D 05 |
D 06 |
|
Disbursed Amount |
133.33 |
200.00 |
133.33 |
200.00 |
133.34 |
200.00 |
After fully disbursing the award, you increase the award from the original award amount of 1,000.00 USD to 2,500.00 USD. Packaging takes the residual amount (1,500.00 USD) and adds it to the last disbursement ID of the second award period (D 06). The new total amount for D 06 is 1,700.00 USD (200.00 USD + 1,500.00 USD), which is less than the remaining need for the AAP.
| 2,500.00 USD (Increased Amount) | ||||||
|---|---|---|---|---|---|---|
|
Term |
Summer |
Fall |
Spring |
|||
|
Previously Disbursed Amount |
133.33 |
200.00 |
133.33 |
200.00 |
133.33 |
200.00 |
|
Disbursement ID |
D 01 |
D 02 |
D 03 |
D 04 |
D 05 |
D 06 |
|
New Amount |
133.33 |
200.00 |
133.33 |
200.00 |
133.34 |
1,700.00 |
Both Award Period (Insufficient Need in Second Award Period)
In this example, the even split option is Even across disbursements by term with disbursement protection turned on for a semester-based institution with two disbursement IDs per term and a trailing summer. The tables display the distribution of an original award amount and then an example of how the system distributes an increase to an award.
The original award amount is 1,500.00 USD, the term target amount is 500.00 USD, and the designated award period is Both. The student's remaining need for the AAP is 5,000.00 USD and for the NSAP is 1,000.00 USD. The full 1,000.00 USD has already been disbursed using all the disbursement IDs for the both the Non-Standard and AAPs.
| Term | Fall Disbursement | Spring Disbursement | Summer Disbursement | |||
|---|---|---|---|---|---|---|
|
Term Target Amount |
500.00 USD |
500.00 USD |
500.00USD |
|||
|
Scheduled Amount |
250.00 |
250.00 |
250.00 |
250.00 |
250.00 |
250.00 |
|
Disbursement ID |
D 01 |
D 02 |
D 03 |
D 04 |
D 05 |
D 06 |
|
Disbursed Amount |
250.00 |
250.00 |
250.00 |
250.00 |
250.00 |
250.00 |
After fully disbursing the award, you increase the award from the original award amount of 1,500.00 USD to 3,000.00 USD. When Packaging takes the residual amount (1,500.00 USD) and attempts to add it to the last disbursement ID of the second award period (D 06), the disbursements for the NSAP exceed remaining need. Then Packaging determines the difference between the existing disbursement amounts (500.00 USD) and the remaining need (1,000.00 USD), and adds this amount (500.00 USD) to D 06. The new amount for D 06 is 750.00 USD (250.00 USD + 500.00 USD). Packaging adds the rest of the residual amount (1,000.00 USD) to the last disbursement ID of the first award period, D 04. The new amount for D 04 is 1,250.00 USD.
| Term | Fall Disbursement | Spring Disbursement | Summer Disbursement | |||
|---|---|---|---|---|---|---|
|
Previously Disbursed Amount |
250.00 |
250.00 |
250.00 |
250.00 |
250.00 |
250.00 |
|
Disbursement ID |
D 01 |
D 02 |
D 03 |
D 04 |
D 05 |
D 06 |
|
New Amount |
250.00 |
250.00 |
250.00 |
1,250.00 |
250.00 |
750.00 |