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10 th Anniversary 1999 - 2009

10 th Anniversary 1999 - 2009. “Year Around” Pell. Dave Curran, Principal Consultant. Before we start…. Please turn off cell phones or change to silent mode Please jot down questions and hold until end of section. My Background. Philadelphia, PA Native and Resident

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10 th Anniversary 1999 - 2009

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  1. 10th Anniversary 1999 - 2009 “Year Around” Pell Dave Curran, Principal Consultant

  2. Before we start…. • Please turn off cell phones or change to silent mode • Please jot down questions and hold until end of section

  3. My Background Philadelphia, PA Native and Resident • BS, De Sales University , PA • R.O.T.C/Commissioned at Lehigh University • M.B.A, Oklahoma City University, OK Former Director of Financial Aid • University of Texas at San Antonio, TX My Current and Former Financial Aid & Self-Service Implementations • Georgetown University (FM/IM INAS, Undergraduate, Graduate, Law, Medical and International; School of Foreign Service Doha, Qatar) • Brown University (FM/IM INAS, Undergraduate ,Graduate and Medical) • Temple University (Undergraduate ,Graduate, Law and Medical) • Villanova University (FM/IM INAS, Undergraduate ,Graduate)

  4. Agenda Year Around Pell Overview Banner Set up Banner Day-to-Day Processing Question and Answer

  5. Year Round Pell is a Nickname Old Law A Pell recipient will receive up to ONE scheduled award in an award year New Law A Pell recipient will receive up to TWO scheduled awards in an award year Effective 2009-10 award year funds 5

  6. Year Round Pell The Statute : The Higher Education Opportunity Act (HEOA) of 2008 authorized the awarding of up to two Federal Pell Grants within an academic year. Banner 7.14.1/8.4.2 addresses Phase 1 which allows up to 200% of a scheduled Federal Pell Grant award within an academic year.

  7. Year-Round Pell Grant Students may receive up to two scheduled Pell Grants during an award year For receipt of the first scheduled award, student may be at any enrollment status For receipt of any money beyond the first scheduled award, student must be enrolled at least half-time RPEDISB has been updated to verify that a student is enrolled at least 1/2 time prior to disbursing Pell funds from a second Pell award within an aid year. 7

  8. Term-Based Calculation BeforeYear-Round Pell Grant Old Rule: One Scheduled Award per Award YearStudent’s Scheduled Award is $4,000 in both award years Fall 2009$2,000 Spring 2010$2,000 100% 2009-10 2009-10 Award Year Summer 2010$2,000 Fall 2010$2,000 Spring 2011$0.00 100% 2010-11 2010-11 Award Year 8

  9. Term-Based Year-Round Pell Grant New Rule: Up to Two Scheduled Awards per Award YearStudent’s Scheduled Award is $4,000 in both award years Fall 2009$2,000 Spring 2010$2,000 Summer 2010$2,000 150% 2009-10 AY 2009-10 Award Year Fall 2010$2,000 Spring 2011$2,000 Summer 2011$2,000 150% 2010-11 AY 2010-11 Award Year 9

  10. Term-Based Year-Round Pell Grant New Rule: Up to Two Scheduled Awards per Award Year Student’s Scheduled Award is $4,000 for the award year Summer 2009$2,000 Fall 2009$2,000 Spring 2010$2,000 Summer 2010$2,000 2009-10 Award Year 200% 2009-10 AY 10

  11. Banner Setup • RTVAPRD

  12. Banner Setup (cont…) • RFRDEFA

  13. Banner Results… • RPAAWRD

  14. Banner Results • RPEPEL will set the New Pell and Loan Tab “Additional Eligb. Indicator” if applicable so it can be reported to COD. • Not updateable by hand!

  15. Banner Results…

  16. Banner Results…

  17. Two Scheduled Awards Per Award Year Pell funds are linked to an award year G5 must know what year’s funds are being drawn down Student must be eligible for that year’s funds Pell eligible ISIR 17 Effective July 1, 2009

  18. Year-Round Pell Grant 18 • Effective with the 2009-2010 award year • 09/10 maximum scheduled award is $5,350 • Schools will continue to calculate the payment using scheduled award for award year • Schools will be able to pay a student up to a maximum of 200% of the scheduled award for the award year

  19. Year-Round PellSummer Mini-Sessions 19 • Standard term programs using Pell formula 1 or 2 count the summer term as a standard term • May consist of mini-summer terms/sessions which are combined and handled like a standard term • Full-time for the combined summer terms/sessions must be defined as 12 credits • Length of summer terms/sessions does not matter

  20. Year-Round PellSummer Mini-Sessions 20 • School with standard terms has 4 summer mini-sessions • Session I: May 4 – June 5 • Session II: May 18 - June 19 • Session III: June 8 – July 10 • Session IV: July 6 – Aug 7 • School combines all 4 sessions into one 14 week summer term (May 4 – Aug 7) • Summer is a crossover payment period • Students may take courses in any session and still are enrolled in the combined summer term

  21. Year-Round PellSummer Mini-Sessions 21 • Student A enrolls only in Sessions I and II • May 4 – June 19 • Student B enrolls only in Sessions III and IV • June 8 - August 7 • Student C enrolls only in Session IV • All are considered to be enrolled in combined term that starts May 4 and ends August 7 • Assuming valid ISIR for both 09/10 and 10/11, may be paid Pell from either award year

  22. Student A: Attends only Sessions I and II May 4 to Jun 5 May 18 toJune 19 All mini-sessions combined as one standard term Student B: Attends only Sessions III and IV June 8 to July 1 July 6 toAug 7 All mini-sessions combined as one standard term Student C: Attends only Session IV July 6 toAug 7 All mini-sessions combined as one standard term 09-10 award year 10-11 award year July 1, 2009 22 22

  23. COD and Year-Round Pell 23 • New field added to COD record • Additional Eligibility Indicator (AEI) • Once the RPEPELL process has awarded the student beyond 100% of the scheduled award, the Additional Eligibility Indicator (RORSTAT_ADD_PELL_ELIG_IND) field is set to Y. • AEI student will not trigger POP MRR but will trigger concurrent enrollment MRR

  24. NPRM - Year Round Pell 24 • To receive a second scheduled award, student must • Successfully complete credit or clock hours of the first academic year in the award year • Enroll in an eligible program leading to a bachelor’s or associate degree or other recognized educational credential • Enroll at least as a half-time student

  25. NPRM - Year Round Pell 25 • School may waive requirement to complete hours of the academic year • Must be due to circumstances beyond the student’s control • Must be determined and documented on individual basis • May include circumstances such as illness or classes not offered • Does not include withdrawing to avoid a grade or failing to register for offered class

  26. NPRM - Year Round Pell: Transfers 26 • Assume completed first academic year if received all of first Scheduled Award at prior institution • If less than first Scheduled Award was received, assumption that student completed the same ratio of the academic year as the % of Pell received

  27. NPRM - Year Round Pell: Crossovers 27 • Full-time or three-quarter-time • Must assign a crossover payment period to award year in which student receives greater payment at time payment is initially calculated • Must reassign if subsequent information shows greater payment would result • Half-time or less • May assign to either year • Must assign if student requests to maximize benefits over 2 award years

  28. NPRM - Year Round Pell: Payment from Second Award 28 • Payment for payment period is greater than balance of first Scheduled award • Payment is remaining amount of first Scheduled Award plus an amount from second Scheduled Award for the balance of the payment

  29. Maximum Duration of Eligibility 29 • Limits Pell eligibility to 18 semesters • Department equivalent is 9 scheduled awards • Applies only to students who are first-time Pell recipients in the 2008-2009 award year or after • Students enrolled less than full-time will be assessed at the fractional enrollment status

  30. Maximum Duration of Eligibility 30 • COD will track student usage • Percentage used available in COD and NSLDS beginning July 2009 and will appear on the ISIR beginning in 2010-2011

  31. Maximum Duration of Eligibility Student’s Pell disbursements based Percentage Used on enrollment status per payment period 787.5% 2008-09 Fall 2008FT Spring 2009FT = 100% Fall 2009TQT Spring 2010TQT Summer 2010TQT 112.5% = 2009-10 Fall 2010HT Summer 2011HT Fall 2011HT = 75% 2010-11 Summer 2014FT Fall 2014FT Spring 2015FT Summer 2015FT 200% = 2014-15 Fall 2015FT Spring 2016FT Summer 2016FT = 150% 2015-16 = 2016-17 Fall 2016FT Spring 2017FT Summer 2017FT 150% 31

  32. Maximum Pell Eligibility For Dependents of Military Personnel Killed in Iraq/Afghanistan 32 Effective 2009-2010 only for those who have Pell eligible EFC on processed FAFSA COD website: Post 9-11 Deceased Veteran Dependent Indicator: Schools update there!!

  33. Questions? dave.curran@sungardhe.com June 9, 2014

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