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 offere...
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
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.
(National Association of Student Financial Aid Administrators)
(National Association of Student Financial Aid Administrators)
(National Association of Student Financial Aid Administrators)
(Journal of Educational Evaluation and Policy Analysis, AERA)
See top list entry for Cost of Attendance
See top list entry for Expected Family Contribution
See top list entries for individual programs.
See top list entry for Disbursement
See top list entry for Overawards and Overpayments