Summer loan eligibility

1. Summer Loan Eligibility

2. Claim Worklist Item
Go to “Pending Worklist” screen and “claim next item” for Summer Loan Eligibility

3. Review Worklist Data
▪ Review Additional Data on the Worklist in
order to view awards fromASU and from
another school
▪ Use information along with information
viewed on COD and Assign Awards in
order to determine student’s remaining
Summer Loan Eligibility

4. Review Comments
▪ Review comments on View Financial Aid Status Screen for
previously completed Loan SemesterTransfer Form and/or Spring
Eligibility Verification for guidance on remaining eligibility

5. Review COD
▪ Log into COD
▪ Enter student’s SSN (obtained fromWorklist)

6. Review Current and Previous Aid Years
 Review and calculate
subsidized and
unsubsidized loans
received at prior institution

7. Review Current and Previous Aid Years
 Click on the Award ID for the
loans to view the Award Detail
Information
 Review award start date and end
date to determine loan period
 Review academic period start
and end date
 Determine remaining annual
loan eligibility based on
dependency status, grade level,
and loans received at prior
institution as well as ASU for the
Fall and/or Spring term

8. Review and Update Incoming Aggregate Data (if applicable)
 Go to the “Update Incoming
Aggregates” screen in PeopleSoft.
 Ensure that all loans are present
according to information on COD
for each type of loan received
 If student has received another
disbursement or the loan amounts
have changed you will need to
update to reflect accurately

9. Review Financial Aid Awarded
▪ Review awards offered and/or received in the Assign Awards screen
for the current academic year (Fall/SpringTerm) and SummerTerm

10. Review for Summer Eligibility
▪ If student has been over awarded; reduce summer awards and bill
back if necessary
▪ If you bill back you must seek management approval to post a grant
for a student
– Send Counseling Message: Over Annual Bill – Grant

11. Processes and Comments
Student has loans at another institution
(no pending disbursements and not awarded over annual)
Summer Loan Eligibility: Reviewed student loan history on COD. Prior
comment dated (XX/XX/XXXX) still valid. Student is eligible for up to $
sub and $ unsub loan for summer @ASU at this time.
Student has loans at another institution
(pending disbursements and not awarded over annual)
Reviewed student loan history on COD. Student received $sub loan @
SCHOOL during LP/AY Student is eligible for up to $ sub and $ unsub
loans for spring/summer @ASU at this time. Requested loan semester
transfer form, student has pending disbursements.
Student has loans at another institution
(student was awarded over annual)
Summer Loan Eligibility: Reviewed student loan history on COD. Student
is eligible for up to $ sub and $ unsub loan for summer @ASU at this
time. Reduced Sub/Unsub from $ to $ and billed back. Posted award
adjustment grant for $ per .