SCT Banner Financial Aid / Release Guide / 7.0

Section 12 Open-Learning Registration Support - Functional
Changed Forms
Fields
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Descriptions
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+/- Days (RFRDEFD_DISB_SCHED_NO_DAYS). This is the number of days
prior to (-) or after (+) the student’s earliest course start date to
schedule disbursement.
The following Dynamic Help appears for this field:
The number of days prior to (-) or after (+) the student’s earliest course
start date to schedule disbursement. For multiple disbursements within a
term, the disbursements should be scheduled based on the number of days
from the earliest class start date; example, first disbursement to be paid 5
days after the earliest class start date and second disbursement to be paid
60 days after the class starts would have first disbursement of +5 days and
second disbursement of + 60 days.
Fund Award & Disbursement Schedule Rules Form (RFRASCH)
The option to auto schedule the disbursement date for a student based on when
their earliest class begins has been added to this form through a new field, +/- Days.
This field will display the number of days plus (+) or minus (-) from the first class
start date to schedule for the disbursement. Courses which have been excluded in
the calculation for Financial Aid due to course level or specific sections will not be
used in determining the earliest class start date for scheduling of disbursements.
If no enrollment for the student exists, the Disbursement Date for the term(s)
entered in the Disbursement Schedule Rules block of RFRDEFA will be used. Once
the student has registered for courses, the scheduled disbursement date will be
recalculated if the Resched Disb Date indicator has been checked on ROAINST and
the +/- Days has been provided for the student's aid period when the award forms
are entered, as part of the Disbursement process, or by running the Disbursement
Schedule Date Update process in batch or online.
Note: The +/- Days must exist for the aid period when the aid is accepted for
the student for the scheduled disbursement date to be recalculated. The
+/- Days are inserted/updated in the student's disbursement record for
the fund and used for the calculation when rescheduling disbursement
dates.
New field information:
January 2005 Financial Aid Release 7.0
Confidential Release Guide 191