Financial Aid in PeopleSoft Campus Solutions
Information about Financial Aid in PeopleSoft Campus Solutions
This article applies to: PeopleSoft
Financial Aid automates federal and institutional financial aid processing for a more efficient operation. It provides flexibility and helps you manage financial aid activity for applicants and students. Financial Aid remains federally compliant through regulatory updates that are applied on a pre-defined schedule. With this application, you can:
- Receive and track financial aid applications.
- Design cost of attendance assessment by defining budget categories, items, and formulas.
- Manage need analysis, packaging, disbursement, and loan processing.
- Process origination and disbursement for Direct Loan, and Pell Grant programs.
- Calculate federal Pell awards.
- Use award plans to automatically package students.
- Match financial aid sources to eligible students.
- Modify financial aid notification letters.
- Maintain federal compliance with annual regulatory updates for ISIR, Pell, Direct Loan, FISAP, and other federal updates.
- Post financial aid to student accounts.
- Provide students with self-service access to view awards.