Concept: Accepting and Declining Awards
After you package financial aid, students can use any of these methods to view, accept, or decline awards:
- TheirFinancesworklet.
- TheAccept/Decline Awardstask. Students can access this task through both desktop and mobile.
Depending on the
Student Allowable Actions
configured for the award item, students can:
- Accept an award for the full amount.
- Accept an award for a partial amount.
- Decline an award.
Administrators can change the status of a student's award by accessing the
Total Financial Assistance
report on the Financial Aid profile group of the student's profile.Students can make these changes before a disbursement occurs:
- Change the decision fromAcceptedtoDecline. When the onlyStudent Allowable Actionsconfigured for the award item areAcceptorDecline, students can't change the amount they want to accept.
- Change the amount that they want to accept, as long as it's equal or less than the most recent amount they accepted. Students can only perform this action whenAccept Partialis one of theStudent Allowable Actionsconfigured for the award item.
Students can't accept awards after:
- The loan period for a Federal Direct loan or Federal PLUS loan ends.
- Declining the award.
Additionally, when a student:
- Accepts a Federal Direct loan or Pell Grant award, Workday changes itsCOD Origination StatustoReady to Transmit.
- Declines an award, Workday no longer considers the amount as anticipated financial aid.