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SCT Banner Financial Aid / Release Guide / 7.0

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Section 23 NSLDS Processing Changes - Functional<br />

NSLDS Data<br />

Field Data Note<br />

Total Aggregate Subsidized or<br />

Unsubsidized<br />

Combined Outstanding<br />

Principal Balance<br />

Outstanding Principal<br />

Balance + Pending<br />

Disbursement<br />

Subsidized +<br />

Unsubsidized +<br />

Unallocated funds<br />

May include interest and fees.<br />

Combined Total Subsidized +<br />

Unsubsidized +<br />

Unallocated funds +<br />

pending<br />

disbursements<br />

May include interest and fees.<br />

Unallocated Outstanding<br />

Principal Balance or<br />

Unallocated Consolidated<br />

Total<br />

Balance remaining<br />

after Subsidized and<br />

Unsubsidized is<br />

separated out of the<br />

Combined Amount.<br />

The same value will<br />

display in the<br />

Unallocated<br />

Consolidated<br />

Outstanding Principal<br />

Balance as will display<br />

in the Unallocated<br />

Consolidated Total<br />

field as no pending<br />

disbursements exist<br />

for this data.<br />

The Unallocated<br />

Consolidated amount<br />

is likely interest and<br />

fees, but because<br />

NSLDS cannot<br />

guarantee that it is not<br />

another loan, they<br />

recommend including<br />

the unallocated<br />

amount in the<br />

aggregate loan<br />

calculations.<br />

Unallocated Amounts need to<br />

be part of aggregate limit<br />

checks, not annual limit<br />

checks. If a school can<br />

determine that the unallocated<br />

amount is not a loan but rather<br />

interest and fees, they may<br />

adjust the aggregate<br />

calculation to not include the<br />

unallocated amount and<br />

increase the student's<br />

eligibility. In <strong>Banner</strong> this may<br />

be done by creating a manual<br />

record on RNASLxx or placing<br />

a NSLDS override on<br />

RNARSLT.<br />

Schools should have<br />

supporting documentation of<br />

this information.<br />

May include interest and fees.<br />

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

Confidential <strong>Release</strong> <strong>Guide</strong> 297

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