Will the EFC Override Fields on IM Extensions (INAS_PROF_EXT) Function the Same Starting in Aid Year 2024-2025?
(Doc ID 2977750.1)
Last updated on SEPTEMBER 29, 2023
Applies to:PeopleSoft Enterprise CS Financial Aid - Version 9.2 and later
Information in this document applies to any platform.
Beginning with Aid Year 2024-2025, the process for calculating an Estimated Family Contribution using Institutional Methodology (IM EFC) is changing, for both Profile and non-Profile Institutional Applications.
In Aid Years 2023-2024 and earlier, functionality has been provided to override the EFC calculated by the IM INAS Cobol, with the overridden value(s) updating the STDNT_AWD_PER_INST_EFC field. The overrides have been accessible within the 'IM' Extension link on the Maintain Institutional Application components and stored on the INAS_PROF_EXT table in the following fields:
Will this functionality still be available and work the same starting in Aid Year 2024-2025, with the new methods for calculating IM?
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