14Adjustment Element

Records changes to existing charges, like refunds or corrections.

Required Element? No

Can Repeat? Yes

Field: External Adjustment ID

Description: Unique value that represents the adjustment or the student/charge/adjustment instance

Impact on Financial Aid Processing: This field is used for display purposes only.

Example Data Type Required XML Schema Validation Accessible via Configuration? Display Locations
123455 String Yes No Yes getExternalAdjustmentId()
  • Packaging
  • Credit Balance

Field: Type

Description: Represents the type of adjustment as defined by the institution

Impact on Financial Aid Processing: This field is used for display purposes only.

Example Data Type Required XML Schema Validation Accessible via Configuration? Display Locations
XYZ Adjustment Type String Yes No Yes getType()
  • Packaging
  • Credit Balance

Field: Description

Description: Represents the description of the adjustment as defined by the institution

Impact on Financial Aid Processing: This field is used for display purposes only.

Example Data Type Required XML Schema Validation Accessible via Configuration? Display Locations
Description of XYZ String No No Yes getDescription()
  • Packaging
  • Credit Balance

Field: Date

Description: Represents the date for which the adjustment was made

Impact on Financial Aid Processing: This field is used for display purposes only

Example Data Type Required XML Schema Validation Accessible via Configuration? Display Locations
2025-01-01 Date Yes No Yes getDate()
  • Packaging
  • Credit Balance

Field: Amount

Description: Represents the amount of the adjustment that was made to the charge

If the charge has any adjustments that were made to it (add or drop adjustment), then we'd receive the net amount for the charge within the charge element, and if desired by the school, they could send the associated adjustment in the adjustment element.

Impact on Financial Aid Processing: Depending on Cost of Attendance (COA) configuration, this can be used to determine the in addition to the net charges.

Example Data Type Required XML Schema Validation Accessible via Configuration? Display Locations
20.43 Decimal Yes No Yes getAmount()
  • Packaging
  • Credit Balance

Field: Status

Description: Represents the status of the adjustment- if the adjustment had already occurred or if it's planned to occur

Impact on Financial Aid Processing: This field is used for display purposes only.

Example Data Type Required XML Schema Validation Accessible via Configuration? Display Locations
Actual Enumeration (Enum) Yes
  • Actual
  • Estimated
Yes getStatus()
  • Packaging
  • Credit Balance