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What is the “full aid year” and how do I determine what financial aid to report?

April 26, 2017aid determine financial aid report

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What is the “full aid year” and how do I determine what financial aid to report?

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For academic year reporters, a full aid year refers to the full academic year for the institution. To determine the financial aid amounts to report for a given group of students, first identify the students in that group (e.g., Group 2 students, full-time, first-time degree/certificate-seeking undergraduates enrolled in Fall 2009). Second, determine the financial aid that was awarded and accepted by these students anytime during the 2009-10 academic year. For program reporters, a full aid year refers to a full 12-month period from September 1 to August 31. To determine the financial aid amounts to report for a given group of students, first identify the students in that group (e.g., Group 2 students, full-time, first-time degree/certificate-seeking undergraduates enrolled anytime in the period September 1, 2009 to August 31, 2010). Second, determine the financial aid that was awarded and accepted by these students anytime during the period September 1, 2009 to August 31, 2010.