A financial aid term is a combination of a period of time your school determines as an instructional accounting period and an academic career. Your institution defines financial aid terms during the setup process. Because some institutions may not offer financial aid for all academic terms, only the terms eligible for financial aid are set up for each financial aid career.
For example, if your institution does not offer financial aid for an intersession session, you would not set up the intersession term as a valid term for a career. To receive financial aid, a student must be enrolled in a valid program leading to a degree or certificate and must meet satisfactory academic progress standards.
In this topic, you will build a financial aid term for a student.
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