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SCT Banner Financial Aid / Release Guide / 7.0

SCT Banner Financial Aid / Release Guide / 7.0

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Section 27 COD Updates - Functional<br />

New Forms<br />

Field<br />

COD Full Participant<br />

Direct Loan<br />

COD Full Participant Pell<br />

New Dynamic Help<br />

Starting with the 2004 - 2005 <strong>Aid</strong> Year <strong>SCT</strong> <strong>Banner</strong><br />

will only support COD Full Participant<br />

processing. All related processes will assume Yes<br />

for Direct Loan Full Participation for Direct Loan<br />

Schools regardless of the actual value contained<br />

in ROBINST_DL_COD_FP_IND.<br />

Starting with the 2004 - 2005 <strong>Aid</strong> Year <strong>SCT</strong> <strong>Banner</strong><br />

will only support COD Full Participant<br />

processing. All related processes will assume Yes<br />

for Pell Full Participation regardless of the actual<br />

value contained in ROBINST_PELL_COD_FP_IND.<br />

Important Note<br />

Please note that Phase-In processing will no longer be supported in <strong>SCT</strong> <strong>Banner</strong><br />

starting with 2004 - 2005, and therefore all schools must be Full Participants for<br />

Direct Loan and/or Pell.<br />

If you are using <strong>SCT</strong> <strong>Banner</strong> <strong>Financial</strong> <strong>Aid</strong> to process Pell and/or Direct Loan<br />

origination and disbursement files, you must sign-up with COD as a Full Participant<br />

for the 2004 - 2005 aid year. The following instructions from COD on how to signup<br />

to be a Full Participant for 2004 - 2005 are also available on the COD Web site.<br />

To sign up as a COD Full Participant, schools must send a Full Participant Request<br />

Letter, printed on school or corporate letterhead, to the COD School Relations<br />

Center. In order to set up your school as a Full Participant and process your records<br />

correctly, the request letter must contain the following information:<br />

• School Information: School Name, Address, OPE ID#, Pell ID, and DL G/E<br />

code (if applicable).<br />

• Full Participant Status: Program(s) for which your school intends to transmit<br />

data to COD as a Full Participant. (e.g. Pell Grant Program and/or Direct<br />

Loan Program).<br />

• Whether or not you plan on submitting Campus Based information to COD.<br />

This will be No for 2004 - 2005 as campus based COD reporting will not be<br />

supported by <strong>SCT</strong> <strong>Banner</strong> <strong>Financial</strong> <strong>Aid</strong> for the 2004 - 2005 aid year.<br />

Pell Grant Program Full Participants: If you intend to transmit data to COD as a Full<br />

Participant in the Pell Grant Program, you must also include the following<br />

information:<br />

• Software Products: List the software product(s) used to transmit data to COD.<br />

• Contact Information for <strong>Financial</strong> <strong>Aid</strong> Administrator: Provide the name, email<br />

address, and phone number of your school's <strong>Financial</strong> <strong>Aid</strong> Administrator.<br />

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

344 <strong>Release</strong> <strong>Guide</strong> Confidential

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