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 top list entries for individual programs.