SMO 15221 - 2324 Fin Aid Need Analysis Updates
OVERVIEW:
This SMO provides the Need Analysis calculations and table values to support
FAFSA and ISIR processing and awarding aid for the 2023-2024 award year. This
README also contains installation instructions for copying the appropriate
2022-2023 award year tables forward to 2023-2024.
On August 2022 The Department of Education released the draft of the
2023-2024 Application Processing System Specifications for Software Developers
(August 2022 Draft) (EA ID: APP-22-08). The specifications can be found at the
following link:
https://fsapartners.ed.gov/knowledge-center/library/system-technical-references/
2022-08-22/2023-24-application-processing-system-specifications-software-
developers-august-2022-draft
NEW FEATURES/ENHANCEMENTS:
1) Feature: [CX-55700] - 2023-2024 Need Analysis Updates
Installing this SMO allows the Financial Aid office to begin processing
awards for the 2324 award year. This process allows schools to process
Need Analysis Data for the 2324 award year entry screens to match the
draft format. Any changes to the FAFSA form for 2324 will be delivered
for the data entry screens after this SMO if needed. The update will
allow institutions to enter student awards for the 2324 award year or
generate estimated EFC calculations for other methodologies, generate
original applications, or make corrections on Federal applications
received from the Department of Education.
* [CX-55709] - Original Application File Layout - EAPS24in
* [CX-55718] - Correction Record File Layout - CORR24in
* [CX-55763] - ISIR Import File Specifications - 2324
* [CX-55745] - NAFHIST Record updates for 2324
* [CX-55754] - 2023-2024 Print ISIR Record
* [CX-55772] - 2023-2024 Need Analysis Calculations
* [CX-55790] - 2023-2024 Assumption Updates
* [CX-55799] - 2023-2024 College Finance Plan
* [CX-56200] . 2023-2024 Views
* [CX-55808] - 2023-2024 FAFSA Form Screen Changes
* [CX-55736] - 2023-2024 Reject Codes
* [CX-55727] - 2023-2024 Comment Codes
* [CX-55817] - 2023-2024 Correction edits
* [CX-50503] - 2023-2024 FAFSA/VER/SIM/IM Forms
* [CX-55781] - 2022 IRS Tax Updates
Benefits/Who:
Financial Aid Office
2) Feature: [CX-51153] - Printing ISIRs By Add Date
A new menu option was added to the EDE Processing menu that
allows users to print ISIR data by the Add Date of when the record
was received from the Department of Education. The option also
provides a Begin and End Date range in which you can print ISIRs.
The ISIRs will be printed in an alpha sort based on the date range
selected.
Benefits/Who:
Financial Aid Office
3) Feature: [CX-55835] - CX10 Online Help URL for Printing ISIR By Add Date
Added online help URLs and content for "Print ISIR By Add Date"
option.
Benefits/Who:
Financial Aid