Steps: Set Up Award Packaging
Set up your financial aid requirements and configurations for processes such as ISIR evaluation, packaging, and disbursement. See Steps: Set Up Student Financial Aid and Steps: Set Up Student Award Items.
You can assign award items to students through the award packaging process. You can package a student with financial aid for multiple periods in a financial aid award year simultaneously, or for a single academic period.
When you package a student’s financial aid, Workday uses the policies and strategies that are effective as of the standard start date of the academic period. See: Reference: Financial Aid Effective Dates.
- Packaging strategies identify the award items to package and the order in which to package them.
- Workday derives a student's packaging strategy from their academic unit and level, program area, or program of study. The strategy determines which awards to package and how to package them.
- Set up schedules for Workday to package financial aid awards for selected populations automatically.
- (Optional) Set up packaging holds.Packaging holds apply to need packaging only.
You can view details of a student's financial aid package using these reports:
- Packaging Configuration Tool
- Total Financial Assistance