Term Payment Selection At Time of Awarding

Currently, in our system, when users create awards for students, they select an amount and the terms that it will be paid out. For example, I might award Cammy $5,000 dollars, and I can choose to award you for Fall/Spring, for four Falls in a row, for Fall/Spring four years running, etc. The system knows to pull the funding from the correct terms belonging to the same aid year, and I can do this for multiple students via a batch process at once.

This is really helpful for our users, because it doesn’t require them to a) set Award Iterations per every Portfolio b) choose Award Iterations for awards that might fluctuate in how they’re given and/or c) manually add terms to an existing award each time they want to pay out a student.