Packaging Title IV Aid in an Ay Filled with Modules April 3, 2019

Mark Quistorf Director of Financial Aid Cardinal Stritch University mwquistorf@stritch.edu

Module Programs Within a SAY You may combine shorter terms or modules to meet the requirements of a standard term such as a semester – IFAP Volume 3 Chapter 1 Modules must be defined within your Academic Calendar 6 weeks 6 weeks 6 weeks

Module Programs within a SAY 18 Week Term Same enrollment rules as your Traditional SAY COA components for weeks enrolled in term Loan Period is the Term or AY

Disbursing Aid Student needs to start class Monitor future modules (Pell) Sync with your Bursars office

Scenario 1 John is an undergrad taking Accounting in Module 1 of Fall (8/27/2018 through 12/18/2018) for 3 credits. The course runs 8/27/2018 through 10/1/2018. He is also taking Finance in Module 2 for 3 credits. The course runs 10/2/1018 through 11/12/2018. Then he is graduating. Pell Eligible LP is 8/27/2018 – 12/18/2018

Scenario 2 Jane – Undergrad. Taking Senior Seminar for 6 credits in module 2 of Summer (5/20/2019 through 8/19/2019). Module 2 runs from 7/3/2019 through 8/19/2019 LP – 5/20/2019 through 8/19/2019 Earliest disbursement date is 6/22/2019

Questions?