This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:
| Date | Module | Feature | Notes |
|---|---|---|---|
| 26 MAY 2023 | Created initial document. |
HAVE AN IDEA?
We’re here and we’re listening. If you have a suggestion on how to make our cloud services even better then go ahead and tell us. There are several ways to submit your ideas, for example, through the Ideas Lab on Oracle Customer Connect. Wherever you see this icon after the feature name it means we delivered one of your ideas.
GIVE US FEEDBACK
We welcome your comments and suggestions to improve the content. Please send us your feedback at oracle_fusion_applications_help_ww_grp@oracle.com.
DISCLAIMER
The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.
This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.
Column Definitions:
Report = New or modified, Oracle-delivered, ready to run reports.
UI or Process-Based: Small Scale = These UI or process-based features are typically comprised of minor field, validation, or program changes. Therefore, the potential impact to users is minimal.
UI or Process-Based: Larger Scale* = These UI or process-based features have more complex designs. Therefore, the potential impact to users is higher.
Features Delivered Disabled = Action is needed BEFORE these features can be used by END USERS. These features are delivered disabled and you choose if and when to enable them. For example, a) new or expanded BI subject areas need to first be incorporated into reports, b) Integration is required to utilize new web services, or c) features must be assigned to user roles before they can be accessed.
| Ready for Use by End Users Reports plus Small Scale UI or Process-Based new features will have minimal user impact after an update. Therefore, customer acceptance testing should focus on the Larger Scale UI or Process-Based* new features. |
Customer Must Take Action before Use by End Users Not disruptive as action is required to make these features ready to use. As you selectively choose to leverage, you set your test and roll out timing. |
|||||
|---|---|---|---|---|---|---|
| Feature |
Report |
UI or |
UI or |
|
||
SUPPORTING DOCUMENTS
You can download additional documents and attachments to update and maintain your Student Financial Planning implementation. To view and download these documents, see Oracle Fusion Cloud Student Financial Planning: Release Notes 23B (Doc ID 2936260.1) on My Oracle Support at https://support.oracle.com. The supporting documents can include these:
- Release preview slides and video.
- Resolved defects.
- Configuration for new and updated baseline fields.
- API updates.
- Reporting subject documentation.
- Product report updates.
- Operation report updates.
- Known issues.
22/23 and 23/24 March 2023 ISIR Regulatory Updates
On March 24, 2023, the U.S. Department of Education (ED) published updates to the 22/23 and 23/24 EDE Technical References, ISIR Guides, and SAR Comment Codes and Text Guides. There are a number of updates for both award years including the addition of 2 new comment codes (407 and 408).
- 22/23 ISIR changes:
- ISIR Field 359: Updated DHS Match Flag to add 2 new allowable values:
- D = Duplicate Case
- I = Invalid ARN
- Comment Code text for Code 139 updated to:
- To resolve issues with your federal student loan(s), call the Perkins Loans Customer Service Center at 1-866-313-3797, or write to them at ECSI Federal Perkins Loan Servicer, P.O. Box 836, Moontownship, PA 15108.
- Comment Code text for Code 304 updated to:
- Department of Education/AIDVANTAGE, 1-800-722-1300 (ED Servicer 578)
- Added new Comment Codes 407 and 408:
- Comment Code text for Code 407:
- The United States Citizenship and Immigration Service (USCIS) of the Department of Homeland Security (DHS) has identified that a case has already been created.
- Comment Code 407 has no resolution required
- Comment Code text for 408:
- The United States Citizenship and Immigration Service (USCIS) of the Department of Homeland Security (DHS) has not yet confirmed the validity of your Alien Registration Number, which is required for you to receive federal student aid. Please review your Alien Registration Number and make any corrections as needed.
- Comment Code 408 has resolution required
- Schools should review the student's Alien Registration Number and make any corrections as needed.
- Comment Code text for Code 407:
- ISIR Field 359: Updated DHS Match Flag to add 2 new allowable values:
- 23/24 ISIR changes:
- ISIR Field 357: Updated DHS Match Flag to add 2 new allowable values:
- D = Duplicate Case
- I = Invalid ARN
- Updated ISIR field 499: NSLDS TEACH Grant Discharge Code (1) to add a value of N/A as valid content
- Updated ISIR field 514: NSLDS TEACH Grant Discharge Code (2) to add a value of N/A as valid content
- Updated ISIR field 529: NSLDS TEACH Grant Discharge Code (3) to add a value of N/A as valid content
- Added new Comment Codes 407 and 408:
- Comment Code text for Code 407:
- The United States Citizenship and Immigration Service (USCIS) of the Department of Homeland Security (DHS) has identified that a case has already been created.
- Comment Code 407 has no resolution required
- Comment Code text for 408:
- The United States Citizenship and Immigration Service (USCIS) of the Department of Homeland Security (DHS) has not yet confirmed the validity of your Alien Registration Number, which is required for you to receive federal student aid. Please review your Alien Registration Number and make any corrections as needed.
- Comment Code 408 has resolution required
- Schools should review the student's Alien Registration Number and make any corrections as needed.
- Comment Code text for Code 407:
- ISIR Field 357: Updated DHS Match Flag to add 2 new allowable values:
Steps to Enable
- Update your ISIR_C_Codes.csv configuration workbook to add Comment Codes 407 and 408 for 22/23 and 23/24.
- Update your ISIR_Codes_to_Fields.csv workbook to add the DHSMATCHFLAG for Comment Codes 407 and 408 for 22/23 and 23/24.
Tips And Considerations
- These 22/23 and 23/24 ISIR updates will only apply to ISIR's loaded into SFP after this release is delivered to your environment
- Until this release is delivered to your Production environment, continue monitoring the ISIR Reconciliation Report to identify ISIR's that are received with Comment Codes 407 and 408
Key Resources
- For more information, see this resource:
- Bug 35261063
This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:
| Date | Module | Feature | Notes |
|---|---|---|---|
| 24 MAR 2023 | Created initial document. |
HAVE AN IDEA?
We’re here and we’re listening. If you have a suggestion on how to make our cloud services even better then go ahead and tell us. There are several ways to submit your ideas, for example, through the Ideas Lab on Oracle Customer Connect. Wherever you see this icon after the feature name it means we delivered one of your ideas.
GIVE US FEEDBACK
We welcome your comments and suggestions to improve the content. Please send us your feedback at oracle_fusion_applications_help_ww_grp@oracle.com.
DISCLAIMER
The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.
This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.
Column Definitions:
Report = New or modified, Oracle-delivered, ready to run reports.
UI or Process-Based: Small Scale = These UI or process-based features are typically comprised of minor field, validation, or program changes. Therefore, the potential impact to users is minimal.
UI or Process-Based: Larger Scale* = These UI or process-based features have more complex designs. Therefore, the potential impact to users is higher.
Features Delivered Disabled = Action is needed BEFORE these features can be used by END USERS. These features are delivered disabled and you choose if and when to enable them. For example, a) new or expanded BI subject areas need to first be incorporated into reports, b) Integration is required to utilize new web services, or c) features must be assigned to user roles before they can be accessed.
| Ready for Use by End Users Reports plus Small Scale UI or Process-Based new features will have minimal user impact after an update. Therefore, customer acceptance testing should focus on the Larger Scale UI or Process-Based* new features. |
Customer Must Take Action before Use by End Users Not disruptive as action is required to make these features ready to use. As you selectively choose to leverage, you set your test and roll out timing. |
|||||
|---|---|---|---|---|---|---|
| Feature |
Report |
UI or |
UI or |
|
||
Enhanced Calculation for Summer Expected Family Contribution (EFC) |
||||||
SUPPORTING DOCUMENTS
You can download additional documents and attachments to update and maintain your Student Financial Planning implementation. To view and download these documents, see Oracle Fusion Cloud Student Financial Planning: Release Notes 23B (Doc ID 2936260.1) on My Oracle Support at https://support.oracle.com.
The supporting documents can include these:
- Release preview slides and video
- Resolved defects
- Configuration for new and updated baseline fields
- API updates
- Reporting subject documentation
- Product report updates
- Operation report updates
- Known issues
Mass Import/Update of Fund Allocation
A new FasFundAllocationConfigEvent message allows you to create and update the fund allocation configuration for any fund code configured to require a fund allocation. The message allows all create and update functions currently available on the Fund Allocation management UI screen.
This feature allows you to streamline fund management in SFP by submitting a message to update the fund allocation configurations for multiple funds or fund allocation periods within a single MPG event. Within the message, you can to define the total fund amount per fund, set allocated amounts, and whether the fund can be disbursed for a defined period of time.
Steps to Enable
- Use the new FasFundAllocationConfigEvent message.
Tips And Considerations
- The event message must follow existing validation rules enforced in the Fund Allocation management UI, or the event won't be processed:
- Fund must be configured to require a fund allocation.
- There must be at least one period defined:
- The Period start date cannot be after end date.
- The Period end date cannot be before end date.
- Periods must not overlap if they are within the same award year, or across fund allocation definitions, if the fund type configured is a non award-year based fund.
- The Allocated amount cannot be greater than amount available in the Un-allocated fund.
- Once funds are reserved, you can't:
- Update the dates of the configured period.
- Decrease allocated amount below reserved amount.
- Validation errors are available on the Application Event error report.
Key Resources
- For more information, see these resources:
- Idea 535602
Enhanced Calculation for Summer Expected Family Contribution (EFC)
Enhanced packaging automation allows you to generate a separate need calculation for Scheduled Academic Year (SAY) term programs in the summer in order to award Title IV funds independently from the standard terms.
This requires using an alternate approach to calculating the Expected Family Contribution and a separate need calculation for the Standard and Summer terms.
- For Summer Trailers:
- The standard term EFC is selected based on the number of months established for the standard terms.
- The Summer EFC is determined by taking the Primary Alternate EFC corresponding to the total months enrolled in the academic year minus the standard term EFC.
- For Summer Headers:
- The Summer EFC is selected based on the Primary Alternate EFC corresponding to the number of months in the summer period.
- The Standard term EFC is determined by subtracting the Primary Alternate EFC used for the summer from the Primary Alternate EFC that corresponds to the total number of months the student is enrolled during the academic year.
- The existing TERM_PP_Months configuration is used to determine the months in standard or summer terms.
This summer need calculation is used for both Subsidized loans and FSEOG, as Direct Loans and Campus Based funds must use the same EFC, Cost Of Attendance, and Need per regulations.
Steps to Enable
- Enter an effective date in the Summer_EFC_Need_Calc column introduced in the School workbook.
- Uptake the latest Award_Override_Criteria script delivered in the baseline configuration for Subsidized and Unsubsidized loans.
Tips And Considerations
- Only enable the feature for academic years which don't contain courses in the summer or for which summer has already been enabled for packaging, as this impacts the direct loan calculations.
- If summer has already been packaged using the existing expected family contribution and need calculation, enabling the feature will generate a re-calculation of need for FSEOG and Direct Subsidized Loans for the standard and summer terms and it is possible to incur a re-distribution in amounts in the students’ package.
- Previous versions of the Award_Override_Criteria scripts delivered for Subsidized and Unsubsidized loans are not compatible with this feature, if enabled, as the existing delivered behavior to rollover the unused portion of standard term awards into the summer won't occur as expected.
- The Summer EFC calculation is applied if the academic year end date > effective date set in the Summer_EFC_Need_Calc column.
- When enabling the Summer EFC feature and the student contains a Summer header, there are instances where the Subsidized Loan is under-awarded in the academic year. A future release will deliver a fix where a re-package will accurately adjust the awards to the correct amounts and generate additional disbursements up to their maximum eligible award amount.
Key Resources
- For more information, see these resources:
- Idea 605526
Updated R2T4 IASG Processing Order
Allows you to automate Return to Title IV calculations for students with IASG (Iraq and Afghanistan Service Grant) funding.
As of July 1, 2021, the U. S. Department of Education updated the R2T4 calculation to move IASG below Pell within the priority order of Title IV funding.
The following changes have been made to the R2T4 calculation within SFP:
- Step 1: R2T4 Title IV Grant Order
- Prior order for Grants:
- PELL
- FSEOG
- TEACH
- IASG
- New order for Grants:
- PELL
- IASG
- FSEOG
- TEACH
- Prior order for Grants:
- Step 6: R2T4 Return Grant Order
- Prior order for Grants:
- PELL
- FSEOG
- TEACH
- IASG
- New order for Grants:
- PELL
- IASG
- FSEOG
- TEACH
- Prior order for Grants:
- Step 10: Grant Overpayment Order
- Prior order for Grants:
- PELL
- FSEOG
- TEACH
- IASG
- New Order for Grants:
- PELL
- IASG
- FSEOG
- TEACH
- Prior order for Grants:
- The Post-Withdrawal disbursement order has also been updated to prioritize IASG right under Pell.
- The Grant Overpayment and R2T4 Cares Act Reports have been updated to work with the new priority order of the R2T4 calculation.
Steps to Enable
You don't need to do anything to enable this feature.
Tips And Considerations
Only R2T4's calculated after this feature goes into Production will display the new R2T4 calculation priority order.
Satisfactory Academic Progress (SAP)
Additional SAP Support for Academic Year Evaluations
Provides you with the ability to automate your annual Student Academic Progress (SAP) evaluations without using the Financial Aid Warning status.
For customers that use Payment Period or Academic Year SAP evaluations, there is a new value on the user interface called Evaluation Type. This editable field can be seen on all prior and future SAP evaluations in SFP. You can only update this field through the SAP Information page if you have the "At will SAP status updater" general permission. Each SAP evaluation will either be given a value of Academic Year or Payment Period based on your defined configuration and a students SAP performance. This new value has also been added to the SAP Evaluation Manually Triggered and SAP Review Completed student history entries for your reference. Also, Evaluation Type has been added to the SAP Evaluations Report so you can see what value was given for a particular population of students.
To assist in identifying incorrectly evaluated SAP periods, if there is an Academic Year SAP evaluation that resulted in a SAP status of FW - Financial Aid Warning, a message is displayed on the evaluation that says "Financial Warning is no longer a valid SAP status for Academic Year evaluations. Please select an eligible status for this period." If this message does appear, you should go in and update the SAP Evaluation to an eligible SAP status or update the Evaluation Type to Payment Period which accepts this SAP status.
The only eligible SAP statuses for Academic Year evaluations are now RG - Regular, FD - Financial Aid Disqualification, and FP - Financial Aid Probation. If a student fails their GPA and/or Pace of Completion component of SAP for an Academic Year evaluation, they will immediately be given a status of FD - Financial Aid Disqualification. Current functionality already places a student in FD if they fail Maximum Timeframe. SFP will also no longer consider Historical SAP statuses of FW for Academic Year evaluations as this is no longer a valid SAP status. Within the SAP Information page, Manual SAP Review Task, and SAP Appeals Task a user will no longer be able to select the Financial Aid Warning status when manually overriding a SAP status for Academic Year evaluations.
Steps to Enable
- Ensure any users that need to ability to update the Evaluation Type have the "At will SAP status updater" general permission.
- Upon this feature being delivered, run the SAP Evaluations Report and review the Evaluation Type field to ensure it matches your SAP policy.
- If you run SAP per Academic Year and have students in a FW - Financial Aid Warning status, go in and override the SAP status or Evaluation Type to the appropriate value
Tips And Considerations
Even if you have SAP configured to run by Academic Year, regulatory requirements force Payment Period evaluations if a student has a prior SAP status of FD or FP, so it is possible to have an Evaluation Type of Payment Period.
Key Resources
- For more information, see these resources:
- Bug 34074544
Student/Parent Self Service (Portal)
College Financing Plan PDF Download
An update has been delivered to the College Financing Plan to provide users with the option to download the generated CFP as a PDF or XML file. The downloaded PDF follows the Undergraduate and Graduate/Professional templates defined by the U.S. Department of Education, allowing your students to compare costs and the expected financial aid that they will receive at your institution.
Users will have the option to select to download the College Financing Plan as either a xml file or PDF, providing for more flexibility in how the financial plan data is communicated and consumed by students.
Steps to Enable
You don't need to do anything to enable this feature.
Tips And Considerations
- When viewing the generated College Financing Plan in the Student and Parent Portal, select one of the following options: Download PDF or Download XML
- There is a known issue, that will be addressed in a future release, where the location of PDF page break between page 1 and page 2 cuts off text.
Key Resources
For more information, see these resources:
- Bug 34242775