Published in July 2017 for the 2017-18 program year.
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.
Available as a PDF only.
Lesson 1: Introduction
- Understand the definition of packaging financial aid awards; 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 award 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 awarding student aid.
Lesson 4: Overawards, Appeals, and Award Notifications
- The concept of overawards and how to prevent and resolve them;
- Award appeals policies and procedures; and
- Award notification requirements and options.