Once a student’s eligibility and need for Title IV funds have been established, the school’s financial aid office can determine which forms of aid can be offere...

Once a student’s eligibility and need for Title IV funds have been established, the school’s financial aid office can determine which forms of aid can be offered to the student, and in what amounts (“packaging”). The school’s packaging policies must conform to rules regarding the use of funds, statutory maximums, priority awarding rules, and so on. The school determines its packaging parameters within those rules.

Related terms: Cost of Attendance; Student Aid Index (SAI); Need Analysis; Overawards and Overpayments; Student Eligibility

Once a student’s eligibility and need for Title IV funds have been established, the school’s financial aid office can determine which forms of aid can be offered to the student, and in what amounts (“packaging”). The school’s packaging policies must conform to rules regarding the use of funds, statutory maximums, priority awarding rules, and so on. The school determines its packaging parameters within those rules.

Related terms: Cost of Attendance; Student Aid Index (SAI); Need Analysis; Overawards and Overpayments; Student Eligibility

Web URL 34 CFR 675.10
Web URL 34 CFR 676.10
Web URL 34 CFR 685.203
Web URL 34 CFR 686.21
Web URL 34 CFR 690.62
Web URL Award Letter Self-Assessment Guide

(National Association of Student Financial Aid Administrators)

PDF Decoding the Cost of College: The Case for Transparent Financial Aid Award Letters

(New America)

Web URL Financial Aid Packaging at Community Colleges: Which Types of Awards Packages Increase Student Persistence?

(Journal of Student Financial Aid)

Web URL Improving Financial Aid Offers

(National Association of Student Financial Aid Administrators)

Web URL Effect of Financial Aid Processing Policies on Student Enrollment, Retention and Success

(Journal of Student Financial Aid)

Web URL Packaging AskRegs Knowledgebase Q&As

(National Association of Student Financial Aid Administrators)

Web URL Packaging and Aid Notification Self-Study Guide

(National Association of Student Financial Aid Administrators)

Web URL Students’ Perspectives on a Gap-Funded Program: The Community Scholarship Program of McCracken County, Kentucky

(Journal of Student Financial Aid)

Web URL Study Abroad for Low-income Students: The Relationship Between Need-based Grant Aid and Access to Education Abroad

(Journal of Student Financial Aid)

Web URL The Impact of Employer-Sponsored Educational Assistance Benefits on Community College Student Outcomes

(Journal of Student Financial Aid)

The Impact of Pell Grant Eligibility on Community College Students' Financial Aid Packages, Labor Supply, and Academic Outcomes

(Journal of Educational Evaluation and Policy Analysis, AERA)

Web URL Trends in Undergraduate Nonfederal Grant and Scholarship Aid by Demographic and Enrollment Characteristics: Selected Years, 2003–04 to 2015–16

(National Center for Education Statistics)

Web URL What's in Your Financial Package? Student Credit Card Use and Economic Insecurity in College

(ProQuest LLC)

See top list entry for Cost of Attendance

Web URL 673.5(c)
Web URL 685.102(b)

See top list entry for Expected Family Contribution

Web URL 675.10(c)
Web URL 676.10(b)

See top list entries for individual programs.

See top list entry for Disbursement

See top list entry for Overawards and Overpayments

Web URL 675.8(c)
Web URL 675.10(a)
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