Federal Pell Grant

The Federal Pell Grant page captures all information for a student's Pell grants in one place. This screen populates when a Pell grant is added to the student’s aid package. PowerFAIDS then pulls data from various places in the system and displays it on the Federal Pell Grant page for you to see it all in one place. Additional fields on the screen are populated or updated when the Pell grant is originated, disbursed, or updated, or when a response file is received from the Common Origination and Disbursement (COD) system. Data can be imported or exported using the COD Import and Export processes.

The Pell grants feature in PowerFAIDS makes many aspects of the financial aid process easier. Some highlights of the Federal Pell Grant page in PowerFAIDS include:

• Student centric organization: Because the page is student centric, you can easily compare different academic years within the same student record. You simply select the academic year you want to view at the top of the screen to see the Pell grants in that academic year.

• Ease of annual limit tracking: PowerFAIDS provides a tab for each award year associated with the Pell grant within a single academic year, making it easier for you to review and stay on top of annual limits.

In addition to viewing award data, you can also complete the following workflows from the Federal Pell Grant page:

• Reconcile Multiple Reporting Records (MRRs)
• Simulate origination of a Federal Pell Grant