Latest News & Blog
Pell Lifetime Eligibility Update 4/17/2012:
Beginning this Fall (2012), students are now limited to 600% (or 12 semesters) Lifetime Eligibility for the Federal Pell Grant program. This became effective with the signing of the Consolidated Appropriations Act (Public Law 112-74) in December, 2011. Although past guidance had suggested this may only apply to those students who began receiving Pell Grants in the 2008-2009 academic year, that is not the case. This new limit applies to all students regardless of when their first Pell Grant payment was received.
This process is similar to the method used for transfer Pell calculations - starting with a percentage used and determining a percentage remaining to apply to the student's current eligibility - except this process pertains to lifetime amounts. SAMP30 has features built in to handle the transfer Pell eligibility and will be modified to automatically cap a student at 600% lifetime eligibility.
Sigma has been in contact with representatives of the various divisions at the Department in order to understand what data they will make available in the short-term and to recommend what would be most helpful for our clients in the long-term. We spoke with representatives from CPS, COD and NSLDS. This white paper is intended to convey our plan of action in order to support this new regulation in the coming months: Pell Lifetime Eligibility Limit Whitepaper
Kuali Student Accounting Project Update 4/13/2012:
Sigma Systems, Inc., a leading supplier of Student Financial solutions in Higher Education since 1965, has been working closely with Kuali Student and project stakeholders, University of Maryland, College Park (UMDCP) and University of Southern California (USC), to develop a student accounting solution within the Kuali Student and Rice technical stack. The component module is known as KSA (Kuali Student Accounting).
The project officially kicked off in November of 2011. KSA is expected to be available to stakeholders June 2013 and contributed back to KS community via the Contribution Model.
In March, the Kuali Community News circulated the following message:
"Sigma has finished the initial steps of Phase I, the gathering of business requirements from their target institutions for KSA -Receivables Management, as well as the gathering of input from other Kuali Student partners."
Sigma is additionally now pleased to announce that they are ahead of schedule and able to announce the completion of two milestones in Phase I: KSA Project Update