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Product Release Summary
Product Release Description
Release Notes
Further details on enhancements/new features and a complete list of bug fixes can be found in the Release Notes. The /wiki/spaces/RPM/pages/816906525 Release Notes are made available externally via Customer Zone.
The Release Notes also contain information on new configuration options, and a list of updates to the Admin Guide and User Guide.
Other Documentation
In addition to the Product Brief, the following documentation is also available:
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System Requirements
Any client currently using Regent Award may take the 4.8.0.0 version for UAT and ultimately production upgrade. The late summer update will be available to all Regent Award clients for UAT and then production upgrade.
Any client currently using Regent Review may take the 4.8.0.0 version for UAT and ultimately production upgrade. The late summer update will be available to all Regent Review clients for UAT and then production upgrade.
Any client currently using Regent Access may take the 4.8.0.0 version for UAT and ultimately production upgrade. The late summer update will be available to all Regent Access clients for UAT and then production upgrade.
New Features Overview for Initial 4.8.0.0 Release
DRAFT- Automated R2T4 PWDs: The main new feature in the 4.8.0.0 Release is automation of R2T4s resulting in Post Withdrawal Disbursements (PWDs). Our previous release supported full automation for R2T4s resulting in neither refunds nor PWDs for R2T4s initiated by information provided in the Student Batch Load (SBL) file - the student's financial aid for the R2T4 period was both fully earned and fully disbursed. This release expands that automation to support R2T4s resulting in PWDs as well. Regent Award will determine which PWD disbursements are eligible to be disbursed or offered to the student, and will either disburse them via EST or (with current communications functionality) will generate an offer communication to the student. With this automation, there is no longer a need to assign a payment-period scoped document to the student to block loan PWD disbursements until they are accepted. When a student does contact the school for a PWD, the user will update the award(s) in the PWD grid to initiate the requested disbursements and/or cancellations.
- PWD "Do Not Offer" and Cancellation Features: Release 4.8.0.0 includes additional features for clients who have activated R2T4 automation as well as for those who are still using a "manual" process. Regardless of whether any specific R2T4 automation is activated, users will see improvements for all R2T4s resulting in PWDs. Rather than a user researching each PWD loan offer to see if it is a second or subsequent disbursement, for example, even fully "manual" R2T4s will have the "Do Not Offer" information pre-populated in the PWD section of the template. Additionally, the layout of the PWD information on the template has been redesigned to include disbursement level information - it is not unusual for two disbursements from a single award to receive different treatment in a PWD scenario. Additionally, users will be able to configure an offset date by which any offered PWD disbursements that have not either been disbursed or cancelled will automatically cancel.
- Initial R2T4 Refund Automation: While not the main release for R2T4 Refund automation, users electing to Activate Refund automation will be alerted via task when a student's R2T4 requires institutional costs. The specifications for the provision of institutional cost data via the SBL are in place and are available to clients to support clients with the necessary SBL modifications to fully utilize Regent's R2T4 automation.
- Additional Improvements: The 4.8.0.0 Release also includes a number of improvements to Regent Award features including:
- Treatment of breaks for Nonterm R2T4s
- Automation of calculations for additional aggregate loan scenarios
- COD web file processing improvemetsimprovements
- Option for NSLDS TSM alert disbursements
- Enhanced Academic Plan display with Dependency Status and Total COA
- New BBAY anchor option
- Fund adjustment option for past payment periods in a current award period
- Data View updates
- Use of a third Federal Award Year in a lengthy nonterm academic year.
New Features Overview for Late Summer Update
- New Student Experience: Regent will debut the first phase of the new responsive and mobile-friendly Student Experience which highlights needed actions for students and provides clients with direct control over the content of the introductory language for each of the My Financial Aid, My Documents, and My Messages modules, as well as direct control over the content of the My Useful Links module.
- Access 2020-2021 Questionnaire: The new Federal Award year application will allow undocumented students to apply for state financial aid for the 2020-2021 award year.
- Access ISIR Export: Regent Access users will be able to export fields mapped to ISIR data fields in an ISIR file format.
Known Issues for Release 4.8.0.0
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