Packaging

Once a student’s eligibility and need for Title IV funds have been established, the school’s financial aid office can determine which forms of aid can be offered to the student, and in what amounts (“packaging”). The school’s packaging policies must conform to rules regarding the use of funds, statutory maximums, priority awarding rules, and so on. The school determines its packaging parameters within those rules.

Related terms: Cost of Attendance; Expected Family Contribution; Need Analysis; Overawards and Overpayments; Student Eligibility

See also Subtopics for more specific references.

2020-21 FSA Handbook, Vol. 3 PDF

Award Letter Self-Assessment Guide (National Association of Student Financial Aid Administrators) Web URL

Decoding the Cost of College: The Case for Transparent Financial Aid Award Letters (New America) PDF

Effect of Financial Aid Processing Policies on Student Enrollment, Retention and Success (Journal of Student Financial Aid) Web URL

Financial Aid Packaging at Community Colleges: Which Types of Awards Packages Increase Student Persistence? (Journal of Student Financial Aid) Web URL

Improving Financial Aid Offers (National Association of Student Financial Aid Administrators) Web URL

Packaging AskRegs Knowledgebase Q&As (National Association of Student Financial Aid Administrators) Web URL

Packaging Self-Study Guide (National Association of Student Financial Aid Administrators) Web URL

Students’ Perspectives on a Gap-Funded Program: The Community Scholarship Program of McCracken County, Kentucky (Journal of Student Financial Aid) Web URL

Study Abroad for Low-income Students: The Relationship Between Need-based Grant Aid and Access to Education Abroad (Journal of Student Financial Aid) Web URL

The Impact of Employer-Sponsored Educational Assistance Benefits on Community College Student Outcomes (Journal of Student Financial Aid) Web URL

The Impact of Pell Grant Eligibility on Community College Students' Financial Aid Packages, Labor Supply, and Academic Outcomes (Journal of Educational Evaluation and Policy Analysis, AERA)

Trends in Undergraduate Nonfederal Grant and Scholarship Aid by Demographic and Enrollment Characteristics: Selected Years, 2003–04 to 2015–16 (National Center for Education Statistics) Web URL

What's in Your Financial Package? Student Credit Card Use and Economic Insecurity in College (ProQuest LLC) Web URL

See top list entries for individual programs.