Prerequisites

Before implementing the Financial Aid system, examine how your financial aid office and your institution function. To take advantage of the flexibility of the PeopleSoft Campus Solutions system, decide how you want to implement your operational structure, awarding practices, and institutional procedures within the Financial Aid system.

When you prepare to set up the Financial Aid system:

• Decide what data elements you want converted for use in your new system if you are moving from a legacy system.

• Identify and decide which academic careers are valid for awarding and processing of financial aid after you establish your institution's academic structure.

  The creation and design of academic careers is carried out primarily by the staff that operates PeopleSoft Student Records.

  See Creating Aid Processing Rule Sets.

• Identify which terms and sessions are valid for awarding and processing of financial aid after you establish your institution's academic structure.

  The design and creation of terms and sessions is carried out primarily by the staff that operates Student Records.

  See Campus Solutions Application Fundamentals: Defining Term Values

  See Campus Solutions Application Fundamentals: Setting Up Time Periods

  See Campus Solutions Application Fundamentals: Defining Enrollment Action Reasons

  See Campus Solutions Application Fundamentals: Defining Terms, Sessions, and Session Time Periods

• Determine all aspects that need to be considered for the setup process.

  Consider your institutional and financial aid office needs in broad terms. This plan should include such items as your term structure, the Title IV school codes for your institution, your packaging policies, your disbursement patterns, financial aid fund information, and any business practices that are unique to your institution.