Release 5.1.0.0 (Regent 5.1) Product Brief

Owned by Ron Dinwiddie
Last updated: Jan 18, 2021 by Sharon Clough
Product Release5.1.0.0
Release Date
Keywords

Product Brief

Additional Documents
StatusCOMPLETE
Authors

Ron Dinwiddie

Susan Sherrick

Sharon Clough

Steve England



Product Release Summary

This Product Brief includes a summary of Regent 5.1 and direction to additional documentation and information.  The last major release was Regent 5.0.

Product Release Description

This release addresses product defects as listed in the “Bugs” section of the Release Notes, and also enhancements and new features including:

  • Introduction of My Borrowing (Regent Plan)
  • Support for 2020-2021 Processing (Regent Award)
  • Disbursement-Related Task Enhancements (Regent Award)
  • Support for Informed Borrowing Confirmation/Annual Student Loan Acknowledgement (Implementation deferred by ED until next year)

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/996966423 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:

  • Live Webinar will be scheduled when the release is GA (recording will be available at Customer Zone)


System Requirements

Any client currently using Regent Award may take the Regent 5.1 version of Student Experience for UAT and ultimately production upgrade.

Any client currently using Regent Review may take the Regent 5.1 version of Student Experience for UAT and ultimately production upgrade.


New Feature Overview for Regent .1


  • My Borrowing:

This initiative presents borrowers with different loan packaging options through the Student Experience portal, informing them through a mobile-friendly, interactive process about the minimum borrowing amount needed to cover direct costs as well as full student loan eligibility.  Information on total indebtedness and estimated monthly payments under each plan guides student selection of a borrowing choice for an academic year, and students under active acceptance can also accept their loans as part of the My Borrowing process.  This new initiative was designed to provide maximum opportunity for clients to configure language throughout, so the resulting experience will be most effective for their student populations.  Clients will also configure whether the My Borrowing election is optional or required for students each academic year.

 

  • Support for 2020-2021 Processing:

With the addition of the 2020-2021 Award Year Federal Pell Grant Program Payment and Disbursement Schedules and support for 2020-2021 COD processing, Regent Award now supports full 2020-2021 Title IV processing.  

The 4.0d COD schema for 2020-2021 processing includes an indication of whether a '2010' or '2020' CIP code is in use for an award beginning with 2020-2021 awards.  2010 CIP codes will be automatically copied over to the new 2020 CIP code field in program setup upon upgrade to Regent .1, and clients will need to update the 2020 code in program setup for any that have changed.

Also included in Regent 5.1 is automated support for the Informed Borrower Confirmation/ Annual Student Loan Acknowledgement (IBC/ASLA) requirement that was to be effective for 2020-2021 Direct Loans.  This annual requirement will be assigned and tracked via client-configured student and parent document requirements set up to 'Facilitate Informed Borrowing Completion'.  These documents should be configured to block student or parent Direct Loan disbursements for the FAY respectively, and they will auto-satisfy upon import of completed confirmation data in either a standard response file or a system-generated CRIBYYOP file.  With the last minute delay in implementation, this functionality will remain in Regent 5.1, but clients will not configure the required documents until 2021-2022. Fields created to display IBC/ASLA completion information will not be populated until next year.


  • Disbursement-Related Tasks:

The current ‘Review Late Disbursement’ task was split into two separate tasks to better identify what treatment is required for a Title IV disbursement that may be eligible for payment after the end of a payment period.  The ‘Review Late Disbursement – Term Ended’ task will be limited to term-based disbursements users may wish to evaluate to see if sufficient units were completed during the payment period to support disbursement.  The ‘Review Late DL Disbursement – Student LTHT’ task will trigger when a student in any structure has unpaid Direct Loan disbursements after a payment period was completed and who is currently enrolled less an half-time so the institution can follow their late disbursement offer process. The ‘Review Late DL Disbursement – Student LTHT’ task will also trigger for a current term disbursement if a student in a term-based program is not attending at least half time and there are no more courses scheduled for the term.



Known Issues for Regent 5.1:

Issue KeySummarySuggested Workaround
RS-13962Split Weeks not functioning as expected for Abbreviated Loan Period.None.
RS-14001Certain TEACH Grant awards not being assigned a CPS Transaction Number for COD export. Process the TEACH award at COD-on-the Web.
RS-14053Dependent students in credential program not packaged with loans.Utilize the Override Eligibility Rules feature of the Add Award Wizard to award the loans.
RS-14122Pell Awarded above 150% when EFC is between 601 and 700 (2 students).Manually override via Modify Award Wizard.
RS-14124Nonterm Academic Year End Date is incorrect when student returns after absence greater than 180 days.None.
RS-14150Error message: the student is already undergoing a program change..."Request that the script in PS-1969 be run for the student.
RS-14395Automatic "cancel/recreate" to update Loan Fee percentage is exporting incorrectly when all disbursements are anticipated.Cancel initial loan at COD-on-the Web.
RS-14969A nonterm loan period has one payment period when it contains more than half an academic year in credits.Adjust the loan to ensure two disbursements.
RS-15202In certain scenarios, the configured Alt-EFC Rounding Option is not applied.None.
RS-15409All run time parameters are not fully captured in the Process Log.None.
RS-15432Multiple Zero Dollar Grad PLUS Awards reported for certain students.None.
RS-15483Task selector check box on the Task Tab does not clear once an update is made.Click the box again to clear it.
RS-15519Certain verification document requirements are assigned twice, once by "System" and once by "Student Portal".Review and waive duplicate documents requirements.
RS-15520Error when attaching documents with special characters in file name.Do not use special characters in file name.
RS-15547Total Hours in Period do not populate in clock hour R2T4 templates.Manually populate this field.
RS-15606Certain manual paid disbursements retain a Disbursement Status of scheduled.None.
RS-16208After upgrading to 4.7.00, certain FA users logging in using SSO do not view dashboards.None.
RS-16935Certain SAY students overawarded for Spring after withdrawing from Summer. Use MAW to correct award amounts.
RS-16988In certain cases, History Tab does not display most recent ISIR informationView ISIR detail.
RS-17159When the update EST Release Date process is run, the Export to COD process is not including the adjusted disbursements. Update the disbusement dates at COD on the web.
RS-17329"Review for Additional Subsidized Loan Eligibility" document requirement assigned when student does not have both remaining Subsidized eligibility and awarded Unsubsidized loans. Review student awards and waive the document.
RS-17484System is prorating the loan when proration is not requiredUse MAW and override rules to adjust the awards.
RS-17625Capella: Multiple Pell disbursements created instead updating existing disbursementUse MAW to correct the disbursements.
RS-17883Direct Loan PWD is $1 off.If PWD did not truncate as expected, enter the reduced amount when entering an accepted amount.  
RS-18135FSEOG not included in Step 1 of R2T4 worksheet when initially offered on the date of withdrawal.None.
RS-18151Certain awards do not auto-cancel after prepopulated Cancel Date elapses.Manually reenter the Cancel Date.
RS-18201In certain cases, Unsubsidized loans to be refunded in full revert to offered status.Use MAW to cancel incorrect award.
RS-18231Student-R2T4' report excludes nonterm R2T4 students who trasferred to term-based programs. Use data views for this information.
RS-18232Data view missing or has invalid completion date for R2T4s that resulted in neither Refunds nor PWDs and were finalized as "no action required". Date is available in the UI.
RS-18262For document setup within the UI, ISIR Assignment: Add/Remove Button Greyed OutPending Confirmation - use CCM Tool to update the documents accordingly
RS-18405Certain automated nonterm R2T4s result in incorrect projected end date and break day counts. If identified prior to finalization, update dates in the wizard.  If after-the-fact, reverse the R2T4 and complete a manual R2T4.