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Pell Less Half Annual Amount on Budget Item Setup (Doc ID 2647113.1)

Last updated on MARCH 09, 2020

Applies to:

PeopleSoft Enterprise CS Financial Aid - Version 9 and later
Information in this document applies to any platform.

Goal

On the budget item setup, when specifying the Pell Less Annual Amount, should this be set equal to the Pell annual amount, or the budget item amount? Or to state another way, should it be the same as or half of the Pell annual amount? The 'annual' in the label seems clear, yet schools don't all seem to be treating it consistently.
 

Solution

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