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SCT Banner Financial Aid / Release Guide / 7.0

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Section 28 Multi-Award Year Perkins MPN - Functional<br />

Changed Processes and Reports<br />

requirement when the award is in Offer status or only when the award status is<br />

Accepted. Additionally, the package will determine whether there is an existing<br />

valid Perkins MPN for the student or if a new Perkins MPN must be requested.<br />

Changed Processes and Reports<br />

Packaging Process (RPEPCKG)<br />

Modifications to this process include:<br />

• Adding logic to determine whether a Fund-Specific Requirement is updated<br />

when in Offer or Accept status.<br />

Previously, logic to assign fund-specific requirements was done at the time the<br />

fund was awarded (Offer Status).. Using the new Create on Acceptance Flag,<br />

you have a choice for any fund-specific requirement to determine whether the<br />

requirement is created with Offer status or Accept status.<br />

Specifically, if Create on Acceptance Flag<br />

(RFRTREQ_CREATE_ON_ACCEPT_FLAG) is Yes for a fund-specific tracking<br />

requirement, the fund-specific requirement is assigned when the award is<br />

accepted (RPRAWRD_AWST_CODE where RTVAWST_ACCEPT_IND = Yes.).<br />

Otherwise, the fund-specific tracking requirement is assigned using the<br />

existing code when the fund is awarded with a status of Offer<br />

(RPRAWRD_AWST_CODE where RTVAWST_OFFER_IND = Yes.).<br />

This logic is used both when awards are initially made, as well as when Award<br />

Status is changed to a code representing Accepted for existing awards<br />

• Adding logic when assigning a fund-specific tracking requirement to check for<br />

existing Perkins Multi-Award Years MPN.<br />

Processing was added so that once the Perkins fund is awarded or accepted, the<br />

fund-specific tracking requirement is assigned and updates existing valid<br />

Perkins MPN information.<br />

This additional processing during awarding is only required if a school has<br />

chosen to use the option for a Perkins Multi-Award Years MPN. If<br />

ROBINST_MULTI_YR_PERK_MPN_FLAG is null, process continues assigning<br />

tracking requirements as usual.<br />

If a school uses a Perkins Multi-Award Years MPN, then at the time of awarding<br />

or the acceptance of any fund identified as Federal Perkins<br />

(RFRBASE_FED_FUND_ID = PERK), a determination must be made on whether<br />

to request a new Perkins MPN.<br />

If a Perkins MPN exists from a prior aid year for the student, a determination<br />

must be made if it is still valid. It is valid if the first scheduled disbursement<br />

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

Confidential <strong>Release</strong> <strong>Guide</strong> 361

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