An estimated Pell Award is automatically calculated when a record is completed and an EFC calculated. Update the data collected from the student onto the record. When the required data elements are updated, an Expected Family contribution will be calculated and the student's NEED will be displayed. The record can then be packaged and an Award Letter printed. Any letters printed to the student will be recorded on the 1999-2000 Document Tracking File and will become part of the student's permanent record.
Statistics are available to track the amount of aid awarded on the Early Version records.
The Early Version EFC is an estimate only and may not be used to make payment of any federal aid. Manual and automated packaging systems using school-designated strategies. Award Letters and a general letter-writing system. Document Tracking of all forms and letters generated through the system and manual update capability. Student log for recording general information.