Background for Financial Aid

Before you begin to award financial aid, you should familiarize yourself with the Award page (refer to Background for the Awards Page.

In addition, you should review the background that applies to awarding almost all financial aid. Use the table to determine the topics that apply to your institution.

Types of Program Versions Topics to Review

Non-term

Background for Overlapping Loans and NSLDS

Background for Payment Periods (Non-Term Only)

Non-term and term

Background for Awarding Financial Aid

Financial Aid Fund Sources

Before you begin to award the specific types of aid, familiarize yourself with the background that applies to the types of aid you will be awarding (such as Pell grants and Direct loans). Review the topics for the types of aid you plan to work with.