10 th Anniversary 1999 - 2009 Year Around Pell Dave Curran, Principal Consultant.
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Transcript of 10 th Anniversary 1999 - 2009 Year Around Pell Dave Curran, Principal Consultant.
10th Anniversary 1999 - 2009
“Year Around” Pell
Dave Curran, Principal Consultant
Before we start….
Please turn off cell phones or change to silent mode
Please jot down questions and hold until end of section
My Background
Philadelphia, PA Native and Resident BS, De Sales University , PA R.O.T.C/Commissioned at Lehigh University M.B.A, Oklahoma City University, OK
Former Director of Financial Aid University of Texas at San Antonio, TX
My Current and Former Financial Aid & Self-Service Implementations Georgetown University (FM/IM INAS, Undergraduate, Graduate, Law,
Medical and International; School of Foreign Service Doha, Qatar) Brown University (FM/IM INAS, Undergraduate ,Graduate and
Medical) Temple University (Undergraduate ,Graduate, Law and Medical) Villanova University (FM/IM INAS, Undergraduate ,Graduate)
Agenda
Year Around Pell OverviewBanner Set upBanner Day-to-Day ProcessingQuestion and Answer
Year Round Pell is a Nickname
Old Law
A Pell recipient will receive up to ONE scheduled award in an award year
New Law
A Pell recipient will receive up to TWO scheduled awards in an award year
Effective 2009-10 award year funds
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Year Round Pell
The Statute : The Higher Education Opportunity Act (HEOA) of 2008 authorized the awarding of up to two Federal Pell Grants within an academic year.
Banner 7.14.1/8.4.2 addresses Phase 1 which allows up to 200% of a scheduled Federal Pell Grant award within an academic year.
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Year-Round Pell Grant
Students may receive up to two scheduled Pell Grants during an award year For receipt of the first scheduled award,
student may be at any enrollment status For receipt of any money beyond the first
scheduled award, student must be enrolled at least half-time
RPEDISB has been updated to verify that a student is enrolled at least 1/2 time prior to disbursing Pell funds from a second Pell award within an aid year.
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Term-Based Calculation BeforeYear-Round Pell Grant
Old Rule: One Scheduled Award per Award YearStudent’s Scheduled Award is $4,000 in both award years
Spring 2010$2,000
Summer 2010$2,000
Fall 2009$2,000
Fall 2010$2,000
2009-10 Award Year
2010-11 Award Year
Spring 2011$0.00
100% 2009-10
100% 2010-11
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Term-Based Year-Round Pell Grant
Spring 2010$2,000
Fall 2010$2,000
Fall 2009$2,000
Spring 2011$2,000
2009-10 Award Year
2010-11 Award Year
Summer 2011$2,000
Summer 2010$2,000
150% 2009-10 AY
150% 2010-11 AY
New Rule: Up to Two Scheduled Awards per Award YearStudent’s Scheduled Award is $4,000 in both award years
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Term-Based Year-Round Pell Grant
New Rule: Up to Two Scheduled Awards per Award YearStudent’s Scheduled Award is $4,000 for the award year
Fall 2009$2,000
Summer 2010$2,000
Summer 2009$2,000
2009-10 Award Year
Spring 2010$2,000
200% 2009-10 AY
Banner Setup
RTVAPRD
Banner Setup (cont…)
RFRDEFA
Banner Results…
RPAAWRD
Banner Results RPEPEL will set the New Pell and Loan Tab “Additional Eligb.
Indicator” if applicable so it can be reported to COD. Not updateable by hand!
Banner Results…
Banner Results…
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Two Scheduled Awards Per Award Year
Pell funds are linked to an award year G5 must know what year’s funds are being drawn
down Student must be eligible for that year’s funds
Pell eligible ISIR
Effective July 1, 2009
Year-Round Pell Grant
Effective with the 2009-2010 award year 09/10 maximum scheduled award is $5,350
Schools will continue to calculate the payment using scheduled award for award year
Schools will be able to pay a student up to a maximum of 200% of the scheduled award for the award year
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Year-Round PellSummer Mini-Sessions
Standard term programs using Pell formula 1 or 2 count the summer term as a standard term May consist of mini-summer terms/sessions which are
combined and handled like a standard term Full-time for the combined summer terms/sessions must be
defined as 12 credits Length of summer terms/sessions does not matter
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Year-Round PellSummer Mini-Sessions
School with standard terms has 4 summer mini-sessions Session I: May 4 – June 5 Session II: May 18 - June 19 Session III: June 8 – July 10 Session IV: July 6 – Aug 7
School combines all 4 sessions into one 14 week summer term (May 4 – Aug 7)
Summer is a crossover payment period Students may take courses in any session and still are enrolled in
the combined summer term
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Year-Round PellSummer Mini-Sessions
Student A enrolls only in Sessions I and II May 4 – June 19
Student B enrolls only in Sessions III and IV June 8 - August 7
Student C enrolls only in Session IV All are considered to be enrolled in combined term that starts May
4 and ends August 7 Assuming valid ISIR for both 09/10 and 10/11, may
be paid Pell from either award year
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May 18 toJune 19
May 4 to Jun 5
Student A: Attends only Sessions I and II
July 6 toAug 7
June 8 to July 1
All mini-sessions combined as one standard term
Student B: Attends only Sessions III and IV
09-10 award yearJuly 1, 2009 10-11 award year
All mini-sessions combined as one standard term
July 6 toAug 7
All mini-sessions combined as one standard term
Student C: Attends only Session IV
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COD and Year-Round Pell
New field added to COD record Additional Eligibility Indicator (AEI) Once the RPEPELL process has awarded the
student beyond 100% of the scheduled award, the Additional Eligibility Indicator (RORSTAT_ADD_PELL_ELIG_IND) field is set to Y.
AEI student will not trigger POP MRR but will trigger concurrent enrollment MRR
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NPRM - Year Round Pell
To receive a second scheduled award, student must Successfully complete credit or clock hours of
the first academic year in the award year Enroll in an eligible program leading to a
bachelor’s or associate degree or other recognized educational credential
Enroll at least as a half-time student
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NPRM - Year Round Pell
School may waive requirement to complete hours of the academic year Must be due to circumstances beyond the student’s
control Must be determined and documented on individual
basis May include circumstances such as illness or
classes not offered Does not include withdrawing to avoid a grade or
failing to register for offered class
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NPRM - Year Round Pell: Transfers Assume completed first academic year if
received all of first Scheduled Award at prior institution If less than first Scheduled Award was
received, assumption that student completed the same ratio of the academic year as the % of Pell received
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NPRM - Year Round Pell: Crossovers Full-time or three-quarter-time
Must assign a crossover payment period to award year in which student receives greater payment at time payment is initially calculated
Must reassign if subsequent information shows greater payment would result
Half-time or less May assign to either year
Must assign if student requests to maximize benefits over 2 award years
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NPRM - Year Round Pell: Payment from Second Award
Payment for payment period is greater than balance of first Scheduled award
Payment is remaining amount of first Scheduled Award plus an amount from second Scheduled Award for the balance of the payment
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Maximum Duration of Eligibility
• Limits Pell eligibility to 18 semesters Department equivalent is 9 scheduled awards
• Applies only to students who are first-time Pell recipients in the 2008-2009 award year or after Students enrolled less than full-time will be
assessed at the fractional enrollment status•
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Maximum Duration of Eligibility
• COD will track student usage Percentage used available in COD and NSLDS
beginning July 2009 and will appear on the ISIR
beginning in 2010-2011
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Maximum Duration of Eligibility
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Fall 2009TQT
Fall 2010HT
Summer 2014FT
Fall 2014FT
Spring 2015FT
Fall 2008FT
Spring 2009FT
Spring 2010TQT
Summer 2010TQT
Student’s Pell disbursements based
Percentage Used on enrollment status per payment period
787.5%
= 100%
Summer 2011HT
Fall 2011HT
Fall 2015FT
Summer 2015FT
200%
Spring 2016FT
Summer 2016FT
Fall 2016FT
112.5%
75%
150%
Spring 2017FT
Summer 2017FT
150%
=
=
=
=
=
2008-09
2009-10
2014-15
2010-11
2015-16
2016-17
Maximum Pell Eligibility For Dependents of Military Personnel Killed in Iraq/Afghanistan
Effective 2009-2010 only for those who have Pell eligible EFC on processed FAFSA
COD website: Post 9-11 Deceased Veteran Dependent Indicator: Schools update there!!
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April 10, 2023