Disbursement Rules
PowerFAIDS has system-driven and system-defined rules that can be customized for both the COD Disbursement process and Disbursement Authorization Export process. These rules prevent aid from being disbursed at the wrong time to the wrong students based on your institutional needs and policies. If a disbursement can’t happen due to failing one of these checks, a message is displayed in the results report of the process you ran (COD orDisbursement Authorization).
System-Defined Customizable Rules
These system-defined rules are delivered as part of the system and are set to be enforced for all funds for both COD Disbursement and Disbursement Authorization processes. Each can remain as enforced for all funds or can be customized to apply to specific funds or no funds for each process individually to best suit your institution’s needs.
To edit a rule:
Rules |
Logic |
Message if Fails |
---|---|---|
Has ISIR |
The ISIR Transaction Number field for the Award Year associated with this disbursement is greater than 0. |
No ISIR on file for the associated award year. |
Valid Citizenship Status |
The Citizenship Status field on the ISIR for the Award Year associated with this disbursement is Citizen or Eligible Non-Citizen. |
Student citizenship status is blank of ineligible for the associated award year. |
ISIR Dependency Status Clear |
The Dependency Status field on the ISIR for the Award Year associated with this disbursement is Dependent or Independent. |
Dependency status is rejected for the associated award year. |
Verification Complete |
The Selected for Verification field on the ISIR for the Award Year associated with this disbursement is either: Not Selected OR Equal to Selected or A subsequent transaction was selected for verification AND the Verification Outcome field is equal to Verified or Without Documentation. |
Verification has not been completed for the associated award year. |
All C Flags Clear |
All Resolution Required fields for C Flags on the ISIR for the Award Year associated with this disbursement are No. |
One or more C Flags need resolving in the associated award year. |
Federal Rejects Clear |
All Reject Codes on the ISIR for the Award Year associated with this disbursement are clear. |
One or more federal rejects need resolving in the associated award year. |
Award Not On Hold |
The Hold field for the award associated with this disbursement is No. |
Associated award is on hold. |
Valid Tracking Status |
The Tracking Status for the Academic Year associated with this disbursement is Ready for Disbursement (RD), Disbursements Made (DM), or In Disbursement, Fund Requirements (DF). |
Tracking status for the associated academic year is not valid for disbursement. Caution: This rule is different from the Tracking Status eligibility check that determine if the student has at least one Academic Year in a disbursable status at the beginning of the process. |
At Least Half-Time Status |
The Enrollment Status field on the Payment Period associated with this disbursement is Half Time, Three Quarters Time, or Full Time. |
Enrollment status for the associated payment period is less-than-half-time. |
At Least Three-Quarter Time Status |
The Enrollment Status field on the Payment Period associated with this disbursement is Three Quarters Time or Full Time. |
Enrollment status for the associated payment period is not at least three-quarter-time. |
Full-Time Status |
The Enrollment Status field on the Payment Period associated with this disbursement is Full Time. |
Enrollment status for the associated payment period is not full-time. |
Meeting Federal SAP |
The Federal SAP field on the Payment Period associated with this disbursement is not Ineligible. |
Federal SAP status for the associated payment period is ineligible. |
Within Cost of Attendance |
The Packaging Behavior field for the fund associated with this disbursement is Can exceed remaining unmet need and COA; excluded from EFA. OR For the Academic Year associated with this disbursement, the COA field minus the sum of the Total Accepted and Total Pending Aid fields on the Aid Package is greater than or equal to 0. |
Total aid for the associated academic year is more than the cost of attendance. |
Within Need |
For the Academic Year associated with this disbursement, the Original Need field minus the Awards Satisfying Original Need field on the Aid Package is greater than or equal to 0. |
Awards satisfying original need for the associated academic year total more than the original need. |
Fund Requirements Complete |
All requirements associated with this fund have a Status of Received, Reviewed, Appeal Approved, Appeal Not Approved, or Waived. |
Requirements have not been completed for the associated fund. Note: For COD Disbursement, the requirement must have the value of Fund for Required For on the student's requirements screen. If the requirement was assigned another way, then the required for fund is not enforced. Caution: You must apply this rule to any fund with at least one requirement associated with it. If you do not apply this rule to your fund, it will disburse without fund requirements having been met. |
Private Loan Disbursement Roster Received |
The Current Status field for the Private Loan associated with this disbursement is Disbursement Roster Received. |
Disbursement roster has not been received. |
Transfer Student Monitoring Clear |
Both the Errors/Warnings to Review and the Alert to Review fields on the NSLDS page are set to No AND the Inform Status is not Inform Sent. |
The student has an unresolved Transfer Student Monitoring Alert |
Disbursement Accepted at COD |
The COD Disbursement Release Indicator is set to Yes. |
Anticipated disbursement must be sent to COD and acceptance must be received before federal aid can be disbursed. |