Some windows are only used depending on which financial aid system type (FAST) is active in your module. If you are working in a FAST-dependent window, you may be presented with a pop-up message if you don’t have the relevant financial aid system active or if your system doesn’t use that window.

The 2021-2022 financial aid award year is available in the Award Year Definition window. Select the Active? checkbox when you are ready to work with it. You can also deselect Display in Dropdown? to remove it for now until the application system opens.

When exporting student data to your financial aid system, the Create Student Update process will now use Database Transfer by default. PowerFAIDS J1 Desktop customers should no longer use the File Transfer option, as it does not include many of the required data options and is not supported by College Board.

For JFA users, the window continues to work as usual.

You can designate an award year as Inactive if you’ve finished working with it, or if it’s a future award year you don’t need to use yet. In the Award Year Definition window, deselect the Active? checkbox next to the award year you want to label as inactive.

In the POE Definition window, award years not in use will now appear in the Award Year drop-down as “Inactive.”

The Credit Hours Update no longer calculates only students with a SSN.

Previously, the Fund Master window cleared the 1098-T field and automatically assigned values based on the fund payment type. The column no longer operates this way. Now you should select the required value in the 1098-T Eligibility column of the Fund Master window when creating or editing a fund. Work with your business office to confirm that the fund code assigned is the appropriate code for 1098-T reporting.

In the Financial Aid Configuration window, the Jenzabar Financial Aid tab now includes a location to set the disbursement roster. This is the file created with the Billing Batch Export runs in JFA.

Use the Award Year Definition window to view, activate, or deactivate federal award years for financial aid applications. Activated award years are used to complete important processes or run reports.

You can also choose which award years you want to appear in the Award Year drop-down on other relevant windows, such as the POE Definition window. Click Display in Dropdown? to add a selected year.

Jenzabar Financial Aid (JFA) users can now run Credit Hours Update process in the Credit Hours Update/Report window. The process uses student records with POE mapped Year/Term codes in Student Course History instead of the ODBC connection checks used by PowerFAIDS.

The Fund Master window includes new fields, Fund Source and Federal Fund ID, to provide additional information about the type of funds that exist in PowerFAIDS and Jenzabar Financial Aid. Select options from the drop-down to identify funds for use in reports such as NSC – Enrollment Reporting and IPEDS.

You can also use the new Include in Anticipated Aid checkbox to indicate a fund should be reported for that process.

Jenzabar Financial Aid customers can now review all students who have been processed using Calculate Satisfactory Progress. Based upon how you evaluate SAP, select options in the Retrieval Criteria section to view the details. You will select the Year if your basis is Award Year, and if your basis is POE, as shown below, you will select the Year and Term.

Data will now populate automatically for both PowerFAIDS and Jenzabar Financial Aid customers as soon as you enter in the Retrieval Criteria prompts. The Retrieve button no longer appears on the window.