I would like to see a reconciliation report for financial aid disbursed that would do the internal calculations to subtract Refunds to Source from Disbursements and provide the net actual disbursement, to be able to run by year, semester, award, etc, and combination of them all. I don't see anything that exists like that unless I am not looking in the right place.
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Votes
2 comments
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Chris Nordin - ISSA Staff I would like to see this as well. Currenty I use Financial >> Financial Aid >> Disbursement tab and filter as:
Type: Disbursement/Refund to Source
Period: Month 01 - Month 31
Award: Pell/Any
Type: Any/Loans
Staus: Posted
This is insufficient for months with transactions in 2015-2016 and 2016-2017 Award Year (like July) because everything is displayed. ED and Auditors like to see "source records" whenever possible. If I have to export an excel sheet and exclude data, it becomes obvious we altered the file after downloading and we are unable to generate a report with the same info from within the original record source (Populi).
I would like to see the following filters available:
Award Year
Term applied to
Source (Federal, State, Institutional, Other just like filtering in Awards)
And/Or/Not logic to include both disbursements and refunds to source, or exclude irrelevant data.
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Chris Nordin - ISSA Staff I am once again reconciling records and I would love to be able to print one report that displays all Direct Loans disbursements with status posted for a given award year during the period specified. The combination of the two last parameters is what is impossible now because it makes you choose between the two.
Displaying both disbursements AND refunds to source would also be helpful to display a net funds. Is / Is Not logic would work here, as that would allow the user to display "is not refund to student"
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