Presentation on theme: "Financial Aid Banner 8 Kathy Linzmeyer – Chabot – Las Positas College"— Presentation transcript:
1 Financial Aid Banner 8 Kathy Linzmeyer – Chabot – Las Positas College SessionFinancial Aid – Tuesday 9:30 a.m.Financial AidBanner 8Kathy Linzmeyer – Chabot – Las Positas CollegeLaurie Neil – Strata Information Group (SIG)
2 Where do you stand with Banner 7.x? Before Banner 8.xWhere do you stand with Banner 7.x?Important changes in Self-ServiceBanner 7.10Banner 7.11Banner 7.12What about CALB?Student 7.5 (1st part of BOGW - August)Student (2nd part of BOGW - October)Student 7.6 (3rd part of BOGW – November)
3 Product Calendar/Dependencies DocumentationRight side
4 Banner FA 8.0 Enhancements for 8.0 Miscellaneous Enhancements PIN MaintenanceSupplemental Data EnginePartial Data MaskingDocumentation ChangesAlgorithmic PackagingProvide a more complete means of automatically packaging students through the use of new algorithmic packaging forms in conjunction with pre-existing Banner Financial Aid rules forms.InternationalizationGlobal naming and address standards.Biodemographic fields have been expanded to accommodate US and non-US standards.Supplemental User ID/Activity Date and LoggingAdds user-defined table logging functionality to the Budget, Student Employment, and Short Term Credit modules.
5 PIN MaintenancePINs are now stored only in encrypted formInstitutions can now set and enforce standards for strong passwordsA new, more secure PIN reset mechanism has been establishedGOAQSTN, GUAPRF, GOATPAC, GOATPADRefer to Banner General 8.0 Release Guide for more information
6 Supplemental Data Engine Supplemental Data Engine (SDE) is a simple way to add data fields to Banner forms.SDE allows you to store data that is not part of the existing Banner data modelTo add a comments field to record miscellaneous notesTo add data that has been translated into different languagesRefer to Banner General 8.0 Release Guide for more information
7 Partial Data MaskingWith Banner 8.0, the ability to partially mask a field has been extended to character fields (GORDMSK)You can allow a specified number of characters at the right side or the left side of the field to remain readable, while the rest of the value is masked.mask most of a Social Security Number field, while leaving just a few characters readableallow a user to verify that the number in the field is the correct oneRefer to Banner General 8.0 Release Guide for more information
8 DocumentationThis new design incorporates new fonts, increased character size, and color to make the manuals easier to read and to use.Detailed forms information has been moved from the user guides into online help. (Smaller user guides)For some products, defects information in the release guide now includes an abbreviated description of each defect correction. For additional details, refer to the supplemental text file delivered along with your release guides.Each manual now includes a publication date that reflects the actual month and year of publication. Any document that is revised will include an updated publication date to make it easier to identify revised materials.A revision history log has been added to the copyright page of each manual to identify any revised versions and associated changes.A link to a feedback form has been added to the copyright page of each manual, in the bookmarks of all PDF files, and into online help to enable you to provide input about the documentation.A new API/ERD Index provides a single starting point for HTML-based API documentation and Entity Relationship Diagrams. This new file will be available on the Customer Support Center as api-erd_ig.zip.
9 Algorithmic Packaging Algorithmic packaging allows clients to use a business rules engine to automatically package students in accordance with the institution’s awarding philosophy.In addition to the algorithmic packaging business rules solution, many other changes have been made to enhance the packaging process.
10 AlgorithmsAlgorithms can be performed at the fund level in addition to the packaging group level.ExampleAward Fund 1 with a maximum of $1,000 and minimum of $200 not to exceed unmet needAward Fund 2 up to 50% of Fund 1, not to exceed unmet needAward Fund 3 up to 25% of Fund 1 total + 25% of Fund 2 total, not to exceed unmet needAward Fund 4 up to 70% of remaining unmet need, not to exceed the total of Fund 1Award Fund 5 up to 100% of remaining unmet need
11 PackagingUsing algorithms and parameters, functions include calculations based upon:a percentage of a fund award,a fixed dollar amount of a fund awarda data value housed in the Banner system (less than, equal, greater than, not equal)a value that falls within a range of values housed in the Banner system (Between).
12 Awarding based on other funds PackagingAwarding based on other fundsUsing algorithms and parameters, you can now limit funds to specific amounts based upon other funds, fund sources, or fund groups.Award a Fund Based on a Percentage of Another Fund within a packaging groupAbility to Store and Reference Internal Interim Values in Packaging Rules (RPTNEED)
13 Packaging SimulationThe Packaging Process (RPEPCKG) now includes parameters that allow the process to:bypass tracking requirements during Simulated Packaging onlyaward Pell in both Simulated and Actual modestop the awarding of an individual fund during simulated packaging, when that fund's available amount has been exhausted.
14 Group Fund LimitsYou can use group fund limits which supersede individual fund limits.Suppose a student has total need of $10,000 and tuition of $7,000.Fund #1 has an individual award cap of $5,000 and Fund #2 also has a cap of $5,000.Funds #1 and #2 are defined in a groupThe group rule is that total aid from all funds in the group cannot exceed tuition.The award from Fund #1 would be $5,000 but Fund #2 is limited to $2,000 because of the group cap.The remaining $3,000 of unmet need must be met from funds outside the group.
15 Set a limit less than unmet need Apply a Percentage to All the Funds in the Package as a GroupUse the original unmet need or gross need throughout the packaging processtake a defined percentage of remaining need or gross need and award the funds so the original percentage is not exceeded.If remaining need is $5,375 and the percentage of remaining need to award is 85%Then the sum of the funds packaged should not exceed $4,568. (85% of $5,375)
16 Ability to Inactivate Fund Codes, Groups, and Rules RFRBASEROAMGMTRTVBGRPRTVTGRPRTVPGRPRTVSAPRRORRULE
17 Ability to Override a Fund Rule for a Specific Student Fund Award Rule OverrideFund Disbursement Rule OverrideRPAAWRDRPAAPMT
18 Miscellaneous Items Fund Category - RFRBASE Fund Cross-Reference Fields - RFRBASEFund Balance Roll Process - RFPFBRLFund Description on the Packaging Group Fund Rules Form - RPRGFNDLong Description – RFRBASE, ROAMGMTDetail Code Active Indicator – RFRBASE, ROAMGMTAll Recipients of Fund Code by Aid Year or Term – RPIFAWD, RPIFTRMPrevent Groups from Being Deleted if Associated Rules Exist – RTVBGRP, RTVTGRP, RTVPGRPAbility to Inactivate a Tracking Requirement
19 SEOG Rule ExampleSEOG Award Calculation Based on Pell Award Amounts for the YearCreate a rule for a fund which is based on another fund award for the year.$2000 is awarded for SEOG when the student's Pell award is less than or equal to $4300 but more than $3000;$1500 SEOG is awarded when the Pell award is less than or equal to $3000 but more than $1500;$1000 SEOG is awarded when the Pell award is less than or equal to $1500 but greater than 0.
23 Perkins Rule Example Calculating Perkins Loans as a Percentage of Pell Create a rule for a fund which is based on another fund award for the year.Perkins would be awarded for 75% of the student's Pell award if the student's Pell award was between $3001 and $4310;50% of the student's Pell award if the student's Pell award was between $1501 and $3000;25% of the student's Pell award if the student's Pell award was between $1 and $1500.
27 Banner FA 8.1 – delayed to October 2009 Final INASCOD UpdatesApplicant Status API – RORSTAT (technical)OPEID Processing when Pell ID is different
28 Banner FA availableTeacher Education Assistance for College and Higher Education (TEACH) Grant processingCOD processing for : 3.0a XML schemaFISAPEDE dataload and comment code updatesDirect Loan comparison reports (8.0 DL Tools)Direct Loan entrance counseling (Grad PLUS)H.R loan limit changesThe INAS technical upgrade #2The Health Profession Program Amounts (HPPA) aggregate loan limit changesScholarship and Athletics EnhancementBanner Financial Aid Self-Service Enhancement
29 Donor/Scholarship Demographics The Donor/Scholarship Demographics form (RFADSCD) was added to provide you with a place to capture the following donor and scholarship information.
30 Donor/Scholarship Info Donor InformationDonor ID and NameReception InviteAnonymousThank you letterPrimary DonorDeceasedGrades to donorDonor selects recipientLink to address, telephone, and informationScholarship InformationMinimum enrollmentTuition waiverMultiple donorsScholarship sourceRestrictedMaximum number of terms
31 Sport Aid by TermThe tracking of student athletic information has been enhanced by providing you with the ability to auto-populate or manually enter specific student athlete data by term on the Sport Aid by Term form (RAASPTM).In addition, Team Sport Term Aid form (RAITMTM) was added to provide you with the ability to identify specific team sport information by term.
32 Banner Web Self-Service A new Web Processing rules tab has been added to the ROAINST form to allow you several options on the type of information you want to display in Self-Service.The Award for Aid Year page in Self-Service has been modified to provide several tabs with information that may be displayed;Options are provided through the Web Processing rules for displaying these tabs as well as the data that is displayed.
33 Banner Web Self-Service You now have the ability to display text including variables to pull applicant specific data based on rules using the Web Text validation, rules, and tab forms in Banner.The text may be defined to display on specific tabs on the Award for Aid year in Self-Service.
34 Banner Web Self-Service The ability to require an applicant to complete Terms and Conditions prior to them accepting awards has also been provided.You will establish a tracking requirement which will be satisfied when the Terms and Conditions are accepted.You may also create questions and define answers for the applicant to complete and can also stipulate that a specific answer will stop the applicant from moving forward with the electronic award process and accepting/declining awards in Self-Service.
35 Banner Web Self-Service A Print functionality has also been added for printing an Award letter using the Award information in Self-Service.Additionally, you may also choose the option to print the Terms and Conditions along with the award.A new process has been added, ROREMAL, to provide you the capability of sending an using a population selection so you may provide a notice that awards are ready to review or changes to awards have been made.
36 Banner Web Self-Service Additionally, modifications have been made to allow you to inactivate lenders who are no longer participating in the FFEL program.With this change, the ability to select a lender for display in Self-Service, has also been provided.A new table and form is being used to store the lenders for a student by program (Stafford, Parent PLUS, Graduate PLUS).A script applied during the upgrade will initially populate this new table with information based on loans existing for the and aid year.You may provide the ability for an applicant to select a lender if one does not exist for the applicant in Self ServiceThe information submitted would then update the new table and be used by the Electronic loan application process (RPRELAP).
37 Banner Web Self-Service Historical retention of Award Letters: If you have licensed Banner Document Management System.The capability exists using the AX Report Management option to have the Award Letters processed and visible from the Financial Aid Award forms similar to viewing Requirement documents scanned and visible on Requirements Tracking.
39 Advance Pay for ACG and SMART BBAY and Term Based Processing (Phase I) Banner FA April 2009Spring RegsAdvance Pay for ACG and SMARTBBAY and Term Based Processing (Phase I)Term based Requirements TrackingFinancial Aid Holds
40 BBAY and Term-Based Processing (Phase 2) U.S. Summer Regs 2009-2010 Banner FA 8.5 – August 2009BBAY and Term-Based Processing (Phase 2)Budgeting and Algorithmic BudgetingU.S. Summer RegsFISAPDirect Loan Compare
41 BBAY and Term-Based Processing (Phase 3) Early Decision 2010-2011 Banner – October 2009BBAY and Term-Based Processing (Phase 3)PackagingEarly Decision
42 Banner CALB 8.xBased on the Monday BOGW session, not sure which 8.x releases match which 7.x releasesPossibly Banner Student 8.0 in December 2009
43 TimingMost of the packaging functionality has to be available at the start of the aid year to be most useful.When will your institution be ready to go-live?Do you want to participate in the go live timing decision at your institution?
44 Audience Participation How many institutions use CALB?How many institutions are going with Banner 8.x in Spring 2009?How many institutions are going with Banner 8.x in Fall 2009?Release 7.15 is scheduled for August 2009 (Summer Regs); this appears to be the final 7.x release; can someone from SunGard confirm this?
45 PresentersKathy Linzmeyer – Chabot CollegeLaurie Neil – Strata Information Group