8How SFP handles FSEOG

See how Oracle Student Financial Planning (SFP) checks Federal Supplemental Educational Opportunity Grant (FSEOG) eligibility, calculates projected award amounts by payment period, and updates fund status during packaging when configured criteria and required inputs are met.

Determines FSEOG eligibility

SFP determines whether the student meets general Title IV eligibility requirements for Federal Student Aid (FSA) funds and is eligible for FSEOG funds for each payment period in the student's academic year.

When it determines FSEOG eligibility, SFP uses data from the student's active valid Institutional Student Information Record (ISIR), Student Academic and Financial Information (SAFI) message, guidelines established by the US Department of Education, and the institution's FSEOG fund configuration.

The student must be awarded the Pell Grant to receive FSEOG funds. Institutions can configure FSEOG in the FAS Fund configuration workbook (FAS_FUND_CONFIG.csv) to be awarded for the entire award year or for a single term.

SFP determines FSEOG eligibility for an academic year if at least one FSEOG award year matches the loan period award year. If there isn't a match, SFP determines that the student isn't eligible for FSEOG for that academic year.

If the student isn't eligible for any Title IV loans for the academic year for which FSEOG eligibility is being determined, SFP doesn't consider whether the FSEOG award year matches the Loan Period Award Year.

FSEOG funds are based on a fund allocation. Because of that, funds must be available in the allocation period in which the student becomes eligible for the fund.

The allocation period is based on the student's academic year start date. The student's academic year start date must fall on or after the allocation period start date and on or before the allocation period end date.

For the student to be eligible for FSEOG, the ISIR must be valid and all C-Codes must be cleared by the end of the first eligible payment period. If the C-Codes aren't cleared by the end of the first eligible payment period, SFP determines that the student isn't eligible for the fund for that academic year.

FSEOG isn't a fund that SFP projects. SFP requires actual inputs, such as a valid ISIR and National Student Loan Data System (NSLDS) FA history file, to award the fund.

The NSLDS file contains data to determine Pell eligibility. Because of that, if there isn't a valid or payable ISIR or NSLDS FA history file, SFP determines that the student isn't eligible for FSEOG funds.

Determines a maximum projected FSEOG award

SFP determines the student's maximum projected FSEOG award for each eligible payment period and makes sure the student meets the minimum requirement for each payment period before awarding FSEOG.

If the FSEOG funds don't meet the minimum amount required for each payment period, the student is considered ineligible to receive FSEOG.

SFP calculates the student's maximum projected FSEOG award for the academic year by adding the total fund amount for each payment period (PP) award.

SFP determines the student's remaining eligibility based on the award year limit for each payment period in the academic year. It uses any institutionally configured award year limit for FSEOG awards minus the institutional award year limit.

Remaining Award Year Eligibility Award = Year Limit (configured value) - FSEOG award or awards for the current or previous award year for the award year payment period being considered

SFP sets the fund status for each payment period and the manual award indicator, if applicable, that are associated with the maximum projected FSEOG award.

Updates the FSEOG fund status

SFP updates the fund status from projected to estimated to awarded during the packaging process after the fund meets the configured awarding criteria.

If an award amount increases and the student doesn't pass the award criteria check, SFP doesn't award the increased amount.