When this field is selected, the Packaging Philosophy Description is displayed as informational messaging where the Packaging Philosophy Name or Display Name is used in the portal and used as the definition in the glossary. If this textbox is blank, no messaging displays.

• Selected 
• Unselected (default)

Only ONE default Packaging Philosophy setup is allowed per campus and the setup must be active to be marked as default.

In order to change the default packaging philosophy, you must first "unselect" the default checkbox on the current default packaging philosophy, save, and then make another packaging philosophy the default.

• Selected (default)
• Unselected

• Selected
• Unselected (default)

• Selected
• Unselected (default)

• A maximum of two packaging philosophies are allowed to be configured to be included in My Borrowing.
• If a user attempts to set more than two packaging philosophies to be included in My Borrowing, an error message displays.

• 1
• 2

Fund Name

Fund Type

Fund Source

Package To

• % of Amount of Direct Costs
• Within $ of Amount of Direct Costs
• % of Amount Billed By Institution
• Within $ of Amount Billed By Institution
• % of FM Need
• Within  $ of FM Unmet Need
• % of COA
• Within  $ of Unmet COA
• % of Additional COA Requirement
• Within $ of Additional COA Requirement
• Packaging Grids
  1. Do not display this option in the dropdown for Title IV funds (i.e. Subsidized Loans, Unsubsidized Loans, Parent PLUS Loans, Grad PLUS Loans, FWS, TEACH, IASG, Perkins and FSEOG)
• Within $ of Full Need
• Packaging Grids
• % of Full Need
• Flat Amount to COA
• Flat % of COA

% of Amount of Direct Costs

Uses the Total Direct Costs to determine the amount.

• e.g. Direct Cots are $5,000 and Package To Amount is 75%.  The amount is limited to $3,750 (75% of $5,000).

Within $ of Unmet COA

Uses the COA minus the Package To Amount configured to determine the amount.

• e.g. COA is $8,000 and Package To Amount is $1,000. The amount is limited to $7,000 ($8,000 minus $1,000).

Packaging Grids

Uses the Packaging Grid Setup to determine the ‘Package To’ limit (e.g. % of COA). This option is only available for non-Title IV funds.

% of Full Need

Uses Total Need to determine % amount

Flat $ of COA 

Uses Flat amount and is subject to remaining unmet COA

Flat % of COA

Uses Total of COA to determine % amount and is subject to remaining unmet COA

• e.g. Flat % of COA configured with 5%. If unmet COA is $4,500 and the total COA is $100,000 the amount would be ($100,000 * 5%) $5,000, limited to $4,500 due to  $4,500 remaining unmet COA.

Package To Amount

This field is non-editable if the Package To option is set to Packaging Grids and N/A is displayed.

Package Remaining Eligibility Using Accepted Amounts Only

When this field is selected (checked), the system calculates remaining eligibility for this fund after adjusting for previous fund awards in Accepted status only.

For example, a school may want to inform students of their balances payable to the school. The school could configure a ‘Student Payments’ fund to package to Direct Costs only, and prioritize that fund later in the Packaging Philosophy. The school would then set the fund to ‘Package Remaining Eligibility Using Accepted Amounts Only.’ If a student at that school has $10,000 in Direct Costs, and the student has $7,500 in Offered-status loans that are ranked earlier in the Packaging Philosophy, then the student will see a ‘Student Payments’ amount of $10,000. If the student then accepts only $1,000 of loans, Regent would repackage the ‘Student Payments’ amount with a value of $9,000.

• Selected
• Unselected (default)

This setting controls whether previously packaged awards will count against the fund's eligibility.

• When this field is not selected (unchecked), the system calculates remaining eligibility for this fund after accounting for all previous offered funds, regardless of their award status.
• When this field is selected (checked), the system calculates remaining eligibility for this fund after adjusting for previous fund awards in Accepted status only.

Auto Package

• Selected
• Unselected (default)

If the checkbox is selected, the fund will be included in batch packaging, MAP, and other automated packaging processes.

Priority Order

Used to establish the order in which the fund should be packaged. Pell, scholarships, and other non-need based gift aid should be awarded first followed by need-based grants, need-based work, and need-based loans. All non-need based loans should always be listed last in the priority order.