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Need Analysis Module

This guide provides a detailed overview of the Need Analysis Module used for financial aid applications. It covers functionalities like entering and updating records on Need Analysis forms, recalculating and overriding data, and locking crucial information. Users can perform simulations, save INAS results, and verify data integrity through various inquiry forms. The module integrates application data entry, including tax information, and displays results across multiple forms while allowing for professional judgment in decision-making.

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Need Analysis Module

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  1. Need Analysis Module

  2. Need Analysis Module overview • Enter/update records on Need Analysis, Supplemental, and Need Analysis Processing Forms • Recalculations, overrides, and locking Need Analysis data • Inquiring and verifying results of Need Analysis applications

  3. Enter/update records • Application data is entered on-line or by data load • Modifying data on-line onvarious forms

  4. Recalculations, overrides and locking • Updating data and recalculation using INAS • Exercising professional judgement • Performing simulations using INAS • Saving INAS results

  5. Inquiring and verifying results • Performing verification on an application • Viewing calculation results and Need Analysis applications • RCRAPP 1 - Application data • RCRAPP 2 - Results • RCRAPP 3 - Intermediate results • RCRAPP 4 - Reject codes and assumptions

  6. RNANAxx RNASUxx RNAPRxx Banner Financial AidNeed Analysis Overview Application data is entered and maintained on: * Need Analysis Form * Need Analysis Supplemental Form * Need Analysis Processing Form Need Analysis Document Verification Form: * enter tax data * displays application data * can automatically update application record RNAVRxx

  7. RNAOVxx RNARSLT RNINAIQ RNIMSxx Banner Financial AidNeed Analysis Overview (cont) INAS Institutional Need Analysis performs the need analysis calculations Applicant Override Form: * maintains student-specific changes to data used by INAS Calculation results are displayed on: * Need Analysis Results Form * Calculated Need Analysis Detailed Form * Miscellaneous Results Inquiry Form

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