Packaging & Aid Notification: 2022-23
Financial aid packaging involves employing strategies to distribute limited financial aid resources to qualified students to attend the postsecondary school of their choice. The packaging process combines various types of Title IV and non-Title IV aid from federal, state, institutional, and private entities, to help meet the financial need of college students. Rules for packaging some Title IV aid are different from the rules for packaging non-Title IV aid. This guide will walk you through the options and teach you how to employ various packaging methods. Completion of this self-study guide qualifies individuals to take the corresponding NASFAA Professional Credential test.
Available in PDF Only.
Upon purchase, you'll have access to download the PDF from the NASFAA website. This PDF is available until June 30, 2023.
Learning Objectives
Lesson 1: Introduction
- Understand the definition of packaging financial aid notifications; and
- Know the foundational principles and guidelines of packaging.
Lesson 2: Packaging Guidelines
- Understand the general guidelines for packaging;
- Know about packaging categories; and
- Recognize calendar terms and key concepts related to packaging.
Lesson 3: Packaging Models and Processes
- The six basic packaging models used to notify students with student financial aid, including Title IV federal student aid, state aid, institutional aid, private aid, and other forms of estimate financial assistance; and
- How to use packaging processes that meet the institution's policies for notifying student aid.
Lesson 4: Overawards, Appeals, and Award Notifications
- The concept of overawards and how to prevent and resolve them;
- Aid appeals policies and procedures; and
- Aid notification requirements and options.