24.2.0 Is Now Available

Financial Aid Automation

April 2024

What You Should Know

Release Overview

Financial Aid Automation 24.2.0 enhances COD, disbursement eligibility, job management, and COD auto awarding. The release also provides resolutions for reported incidents.

Timeline

April 04, 2024 - Financial Aid Automation 24.2.0 Available

Upgrade Rollout Plans:

  • Anthology Cloud 2.0 - This update will be applied to your environments in accordance with your Master Services Agreement (MSA).

  • Anthology Cloud 1.0, CampusNet, and on-prem customers – If you would like to apply this update, please submit a CSR; scheduling will occur based on availability.

 

 

View Release Notes Download the Release Notes (Logon required)

 

Visit the Product Information site

Read the release notes, online help, and watch training videos at the Product Information site.

 

 

Release Highlights

This release contains the following enhancements:

  • COD

    • COD Export job file name and path displayed in the History tab of the Automated Job Management page
    • Extract report generated for batch export disbursements
    • Award years captured by the FAA COD process in Job Management History
    • A new TEACH disbursement is added when a TEACH grant is imported using the CRWB file

  • Disbursement Eligibility

    • Automated Disbursement Eligibility exception ELIGBLTY0227 created

  • Job Management

    • School reporting entity, TG number displayed in the job details log

  • Auto Awarding

    • Negative values not Allowed in the "%Need to be met" and "% Need Met With Gift Aid" fields

    • File names added to the exported Excel or PDF files on the Automated Budget and Packaging Options form

    • The Automated Awarding Fund Source Rules page automatically loads the fund sources for the default campus

    • Automated Awarding Global Settings options disabled when a campus is not selected

    • Automated Awarding Fund Source Rules page updated ISIR data folder for specific 2024/25 FAFSA Simplification

    • Newly awarded funds and funds in Estimated status updated to Approved status when "Auto Approve" is enabled on the Automated Awarding Fund Source Rules grid

    • Auto Repackaging awards a student payment fund source per the automated cash payment plan and the fund source rules configuration to prevent paid or Approved student payments from being adjusted erroneously

    • Auto Packaging has renamed its exception naming extension from AWARDPOP to AUTOPACK

  • System

    • "FAA Validate Direct Loan Attendance" renamed to "FAA DL COA Validation”

Get the Most Out of Financial Aid Automation