The FA Office awards loans to a students based on need-based indicators. But sometimes a student wants to reduce the loan amount and borrow less than his/her need-based eligibility. If a student borrows less than the originally awarded (need-based eligible) amount, the loan award amount is reduced to match the actual disbursement figures. Later, when reporting "awarded" data for IPEDS, College Board, and Peterson's surveys, the awarded data is skewed because of the reduced student loan amounts.
Can Populi create a field that retains the original awarded amount for each student loan?