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Annual Student Loan Acknowledgment (ASLA)/Informed Borrower Completion no Longer Required for Authorization/Disbursement in Aid Year 2022 (Doc ID 2759138.1)

Last updated on SEPTEMBER 06, 2021

Applies to:

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

Goal

The Department of Education published an announcement (linked below) that, effective with the 2021-2022 Award Year, institutions no longer need to ensure students have completed their ASLA/Informed Borrower information prior to allowing disbursement of Direct Loans. 

https://ifap.ed.gov/electronic-announcements/030821AnnualStudentLoanAcknowBorrowerCompletionNotRequired2122AY

Normally, when the Informed Borrower information has not been completed, two behaviors may be observed:

 How can this functionality be disabled for aid year 2022, or will new code need to be delivered? 
 

Solution

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In this Document
Goal
Solution
References


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