Period-Based Budgeting for Financial AidSep 19, 2013  · Period Based and Algorithmic Budgeting ....

Period-Based Budgeting for Financial Aid

2013 Georgia Summit September 19, 2013

Susan A. Smith

Associate Director for Operation University of North Georgia

1

Let’s Begin at the End

RBAABUD

2

RBAABUD

3

RBAPBUD

4

RBAPBUD

5

RBAPBUD – Applicant Budget

Error

Periods should have been: 201308 201402

6

RBAPBUD – Budget Maintenance

7

RBAPBUD – Budget Maintenance

8

RBAPBUD – Budget Maintenance

9

Period Budgeting

10

Period Budgeting Control

11

RORPRDS – Period Base Data Error

Period : 201308

12

Already set up for Aid Year Budgeting

Add messages on RORMESG under Type: Period Budgeting

13

Period Based and Algorithmic Budgeting

Banner Financial Aid 8.16

User Guide Pages 2-83 through 2-100

14

Step 1: Basics

15

RTVPBGP Period Budget Group Validation

(List your budget group names)

16

RTVPBGP Period Budget Group Validation

(List your budget group names)

17

RTVPBTP Period Budget Type Validation

(List your budget types)

18

RTVPBCP Period Budget Component Validation

(List your components)

19

RTVBCAT Budget Component Category Validation

(List your budget categories)

20

RTVABRC Algorithmic Budgeting Rule Validation

(Name your algorithmic rules)

21

Step 2: Set Up for Algorithmic Rules

22

RBRPBYR Period Budgeting Aid Year Rules

(Matches up all the stuff you created in Step 1) Every budget group listed in RTVPBGP will be

added and ordered. This is like putting a priority number on your budget groups in RTVBGRP.

23

RBRPBYR - Budget Groups

24

RBRPBYR - Budget Groups

25

RBRPBYR - Budget Groups

26

RBRPBYR - Budget Types

27

RBRPBYR - Budget Categories

Allows for arrangement of Print Order

28

RBRPBYR - Budget Categories

29

RBRPBYR - Budget Components Allows for an Amount or an Algorithmic Rule

30

RBRPBYR - Budget Components

31

RBRPBGR Period Budget Group Aid Year Rules

Associate Budget Types to each Budget Group

32

Enter each Group

RBRPBGR Period Budget Group Aid Year Rules Set up a Pell Budget Type for Groups with Pell

I decided to use standard amounts for the Pell Type.

33

RBRPBDR Period Budget Detail Rules

Establish budget components for each budget group

34

Error Period : 201308

Step 3: Create Algorithmic Rules

35

Step 3: Create Algorithmic Rules

(aka: Make sure you are good friends with IT)

36

RORALGS – Algorithmic Support

Algorithmic Rule: Room & Board Good Practice:

Develop a list of criteria for the component.

37

Key 1 = Component Key 2 = Housing Plan Amount to Return

R + B 1 (with parents) 553

R + B 2 (on campus) 4150

R + B 3 (off campus) 4150

R + B 4 (with relatives) 553

R + B No response/ no FAFSA

553

RORALGS – Algorithmic Support

38

RORALGS – Algorithmic Support

39

RBRABRC Algorithmic Budgeting Rules

40

RBRABRC -Algorithmic Budgeting Rules

The SQL Statements – with help from your friendly IT person!

41

RBRABRC -Algorithmic Budgeting Rules

Room & Board: Sequence 1

42

RBRABRC -Algorithmic Budgeting Rules

Room & Board: Sequence 2

43

RBRABRC -Algorithmic Budgeting Rules

Room & Board: Sequence 3

44

Assigning the Budget RBRPBGP – for a population selection ROAIMMP – for an individual student

45

Assigning the Budget

ROAIMMP – for an individual student

46

Back to the End

RBRABRC RNANA14 RORALGS 47

AIDY = 1314 Student PIDM

RBAPBUD – Budget Maintenance

48

201308

RBAPBUD

49

50

Contact Information

Susan.Smith@ung.edu

51