Repackaging Strategy

Repackaging, or reevaluating awards, maintains a package that adheres to the packaging philosophy of your institution. The objective of the repackaging strategy is to resolve unmet need or need overaward. When additional awards are posted for a student after an original set of awards is established, or when additional funding becomes available, Repackaging can automate the Re-Awarding process.

Factors that may necessitate Repackaging include, but are not limited to:

• Reevaluation of Pell Grant eligibility.

• Update of state awards.

• Receipt of outside scholarships.

• Posting of departmental awards.

• Notification from the Bursar Office.

• Loan Certification Requests.

• Funding increases.

• Attrition.

You can define repackaging rules based on the population being reevaluated. To structure repackaging rules to protect certain awards, use the Don't Repackage attribute on the financial aid item type.

Note:

The Don’t Repackage attribute does not apply to repackaging plans that use the “Original Package Plan” repackaging rule.

The basic repackaging rules and uses are:

Term	Definition
Increase	Insert new awards into the student's existing package to fill unmet need.
Decrease	Reduce one or more awards in the student's package to address an overaward condition.
Original Package Plan	Use the Packaging plan most recently used to repackage this student.
Validate entire package	Reconsider the student's entire set of awards for continued eligibility and award amount.
Validate item type	Reconsider a specific award for the student for continued eligibility and award amount.

As with Packaging plans, Repackaging plans can include a single rule or a combination of rules. The options and available parameters vary by rule.