Banner Financial Aid
Update
DE-DC-MD Association of Student Financial Aid Administrators’ Fall Conference
November 10, 2014
Agenda
1
2014 – What’s been delivered
2
What’s next
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
Banner
Financial Aid
2014 –
What’s been
delivered
2014-2015 Winter Release
•
Text
8.19 Winter Updates 2014-2015 – January 2014
• 2014-2015 EDE Dataload and Corrections processing
and ISIR Print Process
• Official FM Need Analysis calculation for 2014-2015
• Streamline aid period processing including:
• ability to define budget duration (number of months) for
aid periods used in the FM and IM need calculations
• ability to use algorithmic rules to calculate the aid period
to assign to the student when the applicant status record
(RORSTAT) is created for the aid year.
• RORRULE/RORCOMPL column conversion from
LONG to CLOB and creation of APIs and database
packages for Financial Aid Selection rules
• Obsoleted a number of COBOL copybooks
• 2014-2015 California Dataload process
• INAS IM/EFM Technical Upgrade T1.a
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
2014-2015 Spring Release
8.20 Spring Updates 2014-2015 – April 2014
• 2014-2015 COD forms and processes
• New 4.0a XML schema for COD processing
• Enhancements for reporting required program
data associated with the Moving Ahead for
Progress in the 21st Century Act (MAP21) 150% Subsidized Stafford usage limit for firsttime borrowers
• Transfer Monitoring/Financial Aid History
changes
• INAS technical upgrade
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
June Updates
•
Text
8.20.1 June Updates
• Federal Shopping Sheet Updates
• Changes to support Federal Shopping Sheet
published by the Department of Education for the
2014-2015 aid year
•
Scheme Selection Rules
• Provides the ability to define non-baseline
scheme owners to be used in rules on
RORRULE
•
COD Reject 205 - Updates to REREX15
• When the payment period start date (period start
date from RORPRDS) is prior to the loan period
start date, the loan period start date will be used.
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
2014-2015 Summer Release
8.21 Summer Release 2014-2015 – August 2014
• 2013-2014 FISAP (RORFS14)
• Annual Aid Year updates
• Auto Zero EFC income threshold updated from
$23,000 to $24,000
• 2014-2015 Direct Loan Compare Extract
Process (RPRCP15)
• Scheduled Academic Year (SAY) Setup
• Ability to define SAY codes
• Ability to define multiple SAY codes to
differentiate academic year start and end dates
for different program calendars
• Ability to update start and end dates for an aid
period on RORTPRD
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
2015-2016 Early Decision
Release
•
Text
8.21.1 Early Decision 2015-2016 – October 2014
• 2015-2016 CSS PROFILE Dataload
• 2015-2016 Institutional Need Analysis
• 2015-2016 Estimated Federal Need Analysis
provided within INAS from CSS
• 2015-2016 Estimated Pell Payment Schedule
• Update to address a potential security
vulnerability in Self-Service
• Defect correction to allow a crossover period
to be assigned to a SAY on RORSAYR for the
defined crossover aid year (CR-000120158)
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
What’s Next
2015-2016 Winter Release
8.22 Winter Updates 2015-2016 – January 2015
• 2015-2016 EDE Dataload and Corrections processing
and ISIR Print Process
• Official FM Need Analysis calculation for 2015-2016
• Transfer Monitoring and Financial Aid History
•
•
Anticipated for Winter
Federal specifications not yet received
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
Loan Redesign/Streamlining and
Borrower Based Academic Year
(BBAY) Release
•
Text
8.22.1 Loan Redesign/Streamlining and BBAY
Release – February 2015
• Scheduled Academic Year (SAY) setup
• 8.21 end of August 2014
• BBAY setup and awarding
• New Direct Loan tables and Loan Origination
restructure
• Streamlining of loans
• Automation of keeping the loan award and
origination record in sync
• Direct Loan Master Promissory Note
Processing restructure
• Common Origination and Disbursement (COD)
processing and logging
• Self-Service for Direct Loan BBAY
© 2014 ELLUCIAN. CONFIDENTIAL & PROPRIETARY.
Questions
Thank You
Mark Kichline
Product Owner and Business Analyst,
Banner Financial Aid Development
TEL: 610-841-1620
EMAIL: mark.kichline@ellucian.com