This page provides terms and definitions that are relevant to Regent products.
...
For more detailed information on Academic Years, see 2020-21 Federal Student Aid Handbook - Vol.3.
See related page(s):
Coming soon - Time Periods in Regent Award
...
Refers to a historical AY. Any Financial Aid awards prior to the student’s start date in Regent Award are placed in an AY0.
See related page(s):
Coming soon - Time Periods in Regent Award
...
Financial aid model that follows an individual student’s academic progress. The start and end dates of a BBAY can change depending on the individual student's enrollment pattern and/or loans.
See related page(s):
Coming soon - Time Periods in Regent Award
...
A calendar date used as a point in time to measure students' enrollments as of that date by schools leveraging a term-based ‘Academic Period Type'. Census is primarily used for Pell Grant calculations, but may be used for other purposes. For example, "census units" are the student's enrolled course units on the Census Date.
See related page(s):
Coming soon - Census Date
Coming soon - Multiple Configured Census Dates per Term
...
Common Origination and Disbursement (COD), COD File, COD Response, COD WB File
...
Configuration
Customizable fields in the Regent Suite that are fundamental to processing.
...
In Title IV Financial Aid, a crossover period is a period of time (Academic Year, loan period, or payment period) having dates spanning two or more Federal Award Years (FAYs). A FAY starts on July 1 and runs through June 30 of the next calendar year.
See related page(s):
Coming soon - Time Periods in Regent Award
...
A Loan Period that is created automatically by Regent Award to cover the entire Academic Year. Every AY is supposed to have at least the Default Loan Period.
See related page(s):
Coming soon - Time Periods in Regent Award
...
See related page(s):
COD and EST Processing staging
E
Enrollment
An occurrence of course registration. For example, when a student registers for one or more classes during a Term or Payment Period, that set of classes is called an "Enrollment." The U.S Department of Education awards money based on Enrollment periods.
...
Estimated Financial Aid (EFA)
Students may receive resources such as employer assistance or scholarships which are not disbursed through the system. The U.S. Department of Education refers to this as estimated financial aid (EFA). It is important that these resources are recorded so that the student does not receive funds in excess of their need or cost of attendance.
...
...
In Direct Loan identifiers, the FAY appears in the Financial Award ID. For example, an Unsubsidized loan for the 2020-2021 FAY might have an ID with "21", such as like 999999999U21G41218001.
See related page(s):
Coming soon - Time Periods in Regent Award
...
Grade Point Average (GPA)
Quality points average for student for Term/Payment Period or Academic Year.
See related page(s):
...
Higher Education Act of 1965 (HEA)
A law designed to strengthen the educational resources of the colleges and universities of the United States and to provide financial assistance to post-secondary students.
For more detailed information, see The Higher Education Act of 1965 (HEA).
...
...
Enrollment status of students who are enrolled for a number of credits that is fewer than the school’s standard for half-time enrollment status.
See related page(s):
Coming soon - Time Periods in Regent Award
...
See related page(s):
Coming soon - Time Periods in Regent Award
...
Multiple Disbursement Requirement
...
An academic schedule very similar to Term, using fixed calendar dates, but with shorter time periods than typical Terms.
See related page(s):
Coming soon - Time Periods in Regent Award
...
A type of academic program that is built around a student's individual schedule, rather than using fixed Terms.
See related page(s):
Coming soon - Time Periods in Regent Award
...
User interface for Regent Award.
Regent Needs Analysis (RNA)
...
The Remaining Period of Study is the period comprised of a student’s final units to complete an academic program.
See related page(s):
Coming soon - Time Periods in Regent Award
...
See related page(s):
Coming soon - Time Periods in Regent Award
...