1. Package Title IV loans
  2. About packaging Title IV loans

1About packaging Title IV loans

Oracle Student Financial Planning (SFP) automatically manages the packaging of Title IV loans based on the US Department of Education (ED) guidelines and your institution's configuration.

SFP determines Title IV loan eligibility using ED regulations by award year and your institution’s guidelines. This includes fund status updates, and award year selection for crossover payment periods. After SFP confirms eligibility, it calculates the award amount to disburse.

SFP considers students for these loans:

  • Direct Subsidized Loan
  • Direct Unsubsidized Loan
  • Direct PLUS Loans (Parent PLUS Loan and Grad PLUS Loan)

Institutions can also configure and manage Title IV grants, nonfederal funds, and student resources.