Subsidized Stafford Awarded over Aggregate Limit based on Incoming Unsub Aggregate from other Institution
(Doc ID 1463990.1)
Last updated on NOVEMBER 01, 2022
Applies to:PeopleSoft Enterprise CS Financial Aid - Version 8.9 and later
Information in this document applies to any platform.
When packaging a student, the wrong amount of subsidized stafford is awarded in one specific situation. The system does not properly account for an unsubsidized loan awarded at another institution for the aid year, as indicated by an entered incoming aggregate amount.
The issue can be reproduced with the following steps:
- Navigate to Financial Aid > Awards > Award Processing > Assign Awards to a Student > Student Aid Package, and award the student a Direct Loan Subsidized item type either manually (with a 0 amount to allow automatic validation) or by retrieving a packaging plan containing the item type.
- Note the amount of the item type assigned by the packaging/validation process.
- Navigate to Financial Aid > Awards > Aggregates > Update Incoming Aggregates > Aggregate Aid Data for the aid year and scroll to the Direct Loan UNsubsidzed aggregate row.
- Note the incoming aggregate amount, and that when added to the amount from step 2, the student's yearly eligibility is exceeded.
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