Three Term Initial Pell Item Type Being Rounded UP/UP/DOWN Instead of UP/DOWN/UP
(Doc ID 2400858.1)
Last updated on AUGUST 07, 2019
Applies to:PeopleSoft Enterprise CS Financial Aid - Version 9 and later
Information in this document applies to any platform.
When packaging students for remaining Pell1 eligibility in a trailing summer term using the same item type as the student was awarded for the prior two terms, the second term Pell amount is being increased by $1 in certain cases, due to the way the item type is now being rounded between three terms, instead of two terms. The expectation was that it would leave the previously awarded spring term alone, and give whatever balance was remaining in the summer.
The same essential issue can also manifest with a three term academic award. In this case, the issue isn't so much with a term amount changing late, but simply that the rounding isn't as expected, and as the regulations would indicate, which is with the higher amount in the last term, rather than the middle term.
The issue does not occur in every case, but only certain specific cases dependent on the student's particular efc and load combinations between terms.
It is not clear at this time if this functionality changed with any of the Year Round Pell patches.
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