Edit Cost of Attendance
Security:
Manage: Cost of Attendance
domain in the Financial Aid functional area.You can edit the cost of attendance (COA) that Workday automatically calculates for a student or applicant. Example: Add a cost for a cost item that's not assigned to the student's program of study.
On the
Academic Period
prompt of the Edit Cost of Attendance
task, Workday displays recommendations to save you time when editing cost of attendance. Workday uses machine learning to determine these recommendations based on a combination of your most recently and frequently used selections. In addition, data entry check is enabled on the Amount
field of the task. The data entry check uses machine learning algorithms to look at historical values entered by users across the tenant to notify you when an unusual amount is entered.- Edit COA for a student.
- To edit COA for an academic period, access theEdit Cost of Attendancetask. When you enter an amount of zero for the cost item, Workday automatically selects theStudent Cost Lockcheck box.
- To edit Pell COA, which is based on a full-time status for a full academic year:
- Access theCost of Attendancereport on the Financial Aid profile group of the student or applicant profile.
- ClickView/Edit Pell COAfor an award year.
- ClickEdit Pell COA.
- Run the student or applicant through downstream processes, such as merit and need packaging, to incorporate the updated COA.Workday doesn't automatically pick up the student or applicant for downstream financial aid processing, so you must process them manually.
- (Optional) Access theMaintain Machine Learning Prompt Recommendationstask.Disable machine learning recommendations.
- From theFilter by Product Areaprompt, selectStudent.
- In theFinancial Aidsection, clear theEnable Machine Learning Recommendationscheck box for theAcademic Periodfield.
- (Optional) Access theEdit Tenant Setup - Studenttask.Disable machine learning data entry check.
- In theData Entry Check Optionssection, clear theSwitch on Data Entry Check everywherecheck box. You can useSelect areas to switch on Data Entry Checkto enable or disable DEC on individual tasks.
You can view the updated COA and Pell COA on the
Cost of Attendance
report. Access the report on the Financial Aid profile group of the student or applicant profile.