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SCT Banner Financial Aid / Release Guide / 7.0

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Section 18 2002 - 2003 FISAP Report - Functional<br />

Changed Processes and Reports<br />

calculate the FISAP Total Income and the Auto Zero status, but certain information<br />

must be available for the accurate calculation.<br />

For these records, the following information -- if applicable -- must be entered on<br />

the 2002 - 2003 Need Analysis Form (RNANA03):<br />

• 1st Bachelor's Degree by 01-JUL-2002<br />

• Tax Return Filed<br />

• Tax Return Type Form Filed<br />

• Eligible to File 1040A/EZ<br />

• Have Children You Support<br />

• Legal Dependents<br />

• Parent and/or Student AGI or Wages for Parents and/or Student and Spouse<br />

• Worksheet A Total<br />

• Worksheet B Total<br />

• Worksheet C Total<br />

Note: If a tax return has been or will be filed, the AGI will be used in the<br />

calculation. If no tax return will be filed, wages will be used.<br />

Changed Processes and Reports<br />

2002-2003 FISAP Report (RORFS03)<br />

This report was modified and revised for the new aid year.<br />

Automatic Zero EFC Calculation<br />

The Automatic Zero EFC calculation maximum income of $13,000 has not changed<br />

for 2002 - 2003 processing, so that calculation remains unchanged.<br />

Now, the dependent student's income filing status is checked in determining<br />

qualification for the Automatic Zero EFC calculation.<br />

Total FISAP Income Calculation<br />

This calculation only is performed when there is no FISAP Income<br />

(RCRAPP4_FISAP_INC) because INAS is not used to recalculate need and the<br />

required information for awarding the student and reporting on the FISAP are<br />

<strong>Financial</strong> <strong>Aid</strong> <strong>Release</strong> <strong>7.0</strong> January 2005<br />

256 <strong>Release</strong> <strong>Guide</strong> Confidential

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