Summer Aggregates

Claim Worklist Item

Go to “Pending Worklist” screen and “claim next item” for Summer Aggregate Worklist Item.

NSLDS

▪ Log into NSLDS ▪ Enter SSN, DOB and

student name from the work list item detail screen.

Save NSLDS Sheet as PDF

Place student’s ASU ID in the SSN field of the NSLDS Loan History PageRight click to open dialog boxSelect Print and change the printer destination to “Save as PDF”Save to S drive in the NSLDS Aggregates Folder for the correct aid year with the student’s ASU ID as the file name (S:\loans\NSLDS Aggregate sheets)

Review File

▪ Go to the “View Financial Aid Status” screen. ▪ Enter the student’s 10-digit Employee ID in the “ID”

field and applicable aid year. ▪ Review the “Comments” field for any pertinent

information regarding previously completed DL Over Limit Review/Warnings.

Calculate Aggregates

▪ Review and calculate lifetime subsidized, unsubsidized, and unsubsidized parent plus denial loans awarded per NSLDS data based on dependency status

Review Financial Aid Awarded

▪ Review awards offered and/or received in the Assign Awards screen for the prior summer term

If Summer Aid Effects Eligibility

Go to the “Update Incoming Aggregates” screen in PeopleSoft. Select the override box to make changes to the current academic year

Include summer aid in aggregate totals so that we don’t award the student over their undergraduate or lifetime aggregate limits

If aggregates are updated, post comment stating aggregates include summer loans

Adjust Awards

▪ Go to “Assign Awards” screen in PeopleSoft▪ Update awards to accurately reflect student’s eligibility▪ Validate and Post awards

Special Scenarios

▪ PeopleSoft may award additional unsubsidized aid automatically in the summer that the student is not eligible to receive. If the student did not receive their full amount of unsubsidized plus denial or they had a grade level change, the system may award the full amount of eligibility of unsubsidized plus denial as summer unsubsidized aid. If this is the case, the student may be eligible for additional unsubsidized plus denial aid, cancel the unsubsidized and re-post it as unsubsidized plus denial funds if able to.

Comments

Dependent Independent Graduate Post BaccDirect Loan Limit Warning Review- Student is not over aggregate limit because of $ in unsubsidized denial monies. Current borrowing: $ undergraduate subsidized, $ undergraduate unsubsidized. The subsidized and unsubsidized totals do not include this year's loans but DO include Summer 17 aid. Student has remaining $ undergraduate dependent loan eligibility.

Direct Loan Limit Warning Review- Current borrowing: $ undergraduate subsidized, $ undergraduate unsubsidized. The subsidized and unsubsidized totals do not include this year's loans but DO include Summer 17 aid. Student has remaining $ sub and $ unsub undergraduate loan eligibility.

Direct Loan Limit Warning Review- Student is not over aggregate limit. Current borrowing: $ subsidized, $ unsubsidized. The subsidized and unsubsidized totals do not include this year’s loans but DO include Summer 17 aid. Student has remaining $ unsub eligibility.

Direct Loan Limit Warning Review- Student is not over aggregate limit due to current graduate loan borrowing: $ subsidized, $ unsubsidized graduate loans. Current undergraduate borrowing: $ undergraduate subsidized, $ undergraduate unsubsidized. Student has remaining $ sub and $ unsub undergraduate loan eligibility. The subsidized and unsubsidized totals do not include this year's loans but DO incude Summer 17 aid.