Setting Up Group Options

Access the Group Options page (Setup SACR, and then Product Related, and then Financial Aid, and then College Financing Plan, and then Group Options).

This example illustrates the fields and controls on the Group Options page. You can find definitions for the fields and controls later on this page.

Group Options page
Field or Control Description

Copy Group

Click this button to open the Group Copy window. You can use this window to copy existing groups for modification and then saving as a new College Financing Plan Group.

Note: You can’t copy groups from AY 2020 and earlier because of the changes to the setup between AY 2020 and 2021.

Do Not Copy

Select this option to prevent the group from being copied during the Aid Year Rollover process.

Group Description

Enter a description for this group.

Academic Career

Select a career to associate to the group. This value is used when retrieving budget and award information.

EFC/SAI Option (Expected Family Contribution Option)

Select:

  • For 2023-2024 and prior Aid Years, Federal to display the prorated EFC (PRORATED_EFC) based on Federal Methodology (FM).

  • For 2024-2025 and future Aid Years, Federal to display the SAI based on Federal Methodology (FM).

  • Institutional to display the institutional EFC (INST_EFC) based on Institutional Methodology (IM).

  • Both to display both FM EFCs/SAIs and IM EFCs.

    This option is available only for AY 2021 and later.

Award Period

Select an award period to associate to the group. This value is used when retrieving budget and award information.

If you select “Both”, data from both the ‘Academic’ and ‘Non Standard’ Award Periods are included in one College Financing Plan.

Self Service Link Label

Enter the text you want to display as the Financial Aid Self Service link to the College Financing Plan. “College Financing Plan” is the default text.

CFP Template (college financing plan template)

Select the template you want to use for this group:

  • Graduate

  • Undergraduate

Default ED Template Color (default united states department of education template color)

Displays the default hexadecimal format color code used by the United States Department of Education.

Override Template Color

Enter a hexadecimal format color code if you want to override the default.

Hide Download Button

Select to disable the user's ability to download an XML version of their CFP data.

Allow display with no awards

Select this check box if you want the College Financing Plan link to be available to students in Self Service even if the student doesn't have any qualifying awards for the Institution and Aid Year.

Note: This option helps institutions comply with the expectations within Principles of Excellence in Executive Order 13607 which states that educational institutions provide meaningful information to service members, veterans, spouses, and other family members about the financial cost (budget) and quality (institutional metrics) of educational institutions. Although the student may not have any awards, it is assumed that they would have a cost of attendance budget assigned which is used to create the College Financing Plan based on the Budget Mapping options.