View a Student Financial Aid Term Record

Financial Aid Term (FA Term) is the foundation of awarding students Financial Aid. FA Term is a reflection of all enrollment, admissions, and financial aid data for the student.

For Financial Aid processing to take place, a student’s academic information must be available. This information is captured and maintained in the Financial Aid (FA) Term table. A student’s FA Term must be built (and in many cases rebuilt) in order for the Financial Aid Office to budget, award, and disburse aid.

Introduction

Please note that this guide includes information related to Federal Financial Aid policies which are liable to change. Staff maintaining this document will update terminology, links, or processes in accordance with new information as it becomes available in conjunction with Student Information System updates. This guide identifies salient details regarding the usage of MyBU Student and is designed to be used in conjunction with Financial Aid Procedures and Processes.

The FA Term build will use student Enrollment data if present. If none is found, it checks to see if the student has been matriculated and, if yes, it constructs the FA Term with that information. If that data is not found, it checks for Admissions data and constructs the FA Term with that information.

In the progression of a student, they may be constructed with Admissions data, then Student Records data, and finally Enrollment data. If a student never obtains Enrollment data, the student’s FA Term record for that term will be set to Inactive. The Inactive status will be automatically applied after the term end date.

For a comprehensive downloadable guide, please click the PDF icon above.