1. Packaging Title IV Aid in an Ay Filled with Modules
April 3, 2019

2. Mark Quistorf Director of Financial Aid Cardinal Stritch University

3. Module Programs Within a SAY
You may combine shorter terms or modules to meet the requirements of a standard term such as a semester – IFAP Volume 3 Chapter 1
Modules must be defined within your Academic Calendar
6 weeks
6 weeks
6 weeks

4. Module Programs within a SAY
18 Week Term
Same enrollment rules as your Traditional SAY
COA components for weeks enrolled in term
Loan Period is the Term or AY

5. Disbursing Aid Student needs to start class
Monitor future modules (Pell)
Sync with your Bursars office

6. Scenario 1
John is an undergrad taking Accounting in Module 1 of Fall (8/27/2018 through 12/18/2018) for 3 credits. The course runs 8/27/2018 through 10/1/2018. He is also taking Finance in Module 2 for 3 credits. The course runs 10/2/1018 through 11/12/2018. Then he is graduating.
Pell Eligible
LP is 8/27/2018 – 12/18/2018

7. Scenario 2
Jane – Undergrad. Taking Senior Seminar for 6 credits in module 2 of Summer (5/20/2019 through 8/19/2019). Module 2 runs from 7/3/2019 through 8/19/2019
LP – 5/20/2019 through 8/19/2019
Earliest disbursement date is 6/22/2019

8. Questions?