Search Results igf_fc_inc_prct_pk

Overview

The IGF_FC_INC_PRCT table is a core data structure within the Oracle E-Business Suite (EBS) module for Financial Aid (IGF). This module is now designated as obsolete. The table's primary function is to store the Income Protection Allowance (IPA) values used in the calculation of a student's Expected Family Contribution (EFC) for federal financial aid in the United States. The IPA is a statutory allowance that protects a portion of a family's income from being considered available for educational expenses. The table acts as a lookup, providing the specific allowance amount based on the award year, household size, and the number of family members enrolled in postsecondary education.

Key Information Stored

The table's structure is designed to uniquely identify an allowance amount through a composite primary key. The critical columns are defined by this key and the stored value. Based on the provided metadata, the essential columns include:

• S_AWARD_YEAR: The specific award year (e.g., 2024-2025) for which the income protection allowance values are applicable. Federal formulas are updated annually.
• TABLE_CODE: A code identifying the specific IPA table or schedule being used, as different allowance tables may exist for dependent students, independent students with dependents, and independent students without dependents.
• PEOPLE_IN_HOUSEHOLD: The total number of individuals in the student's household.
• STUDENTS_IN_HOUSEHOLD: The number of individuals within the household who are enrolled at least half-time in a postsecondary educational institution.
• The table would also contain a column (not explicitly named in the excerpt, but logically required) to store the calculated INCOME_PROTECTION_ALLOWANCE monetary value corresponding to the key combination.

Common Use Cases and Queries

This table is referenced during the automated packaging process when the system calculates a student's financial need. A typical use case involves retrieving the correct allowance to offset reported income. A standard query would join this table to a student's demographic and household data. For example, to determine the IPA for a dependent student for the 2024 award year, with a household size of 4 and 2 in college, the system would execute a query similar to:

SELECT income_protection_allowance
FROM igf_fc_inc_prct
WHERE s_award_year = '2024'
AND table_code = 'DEPENDENT' -- Example code
AND people_in_household = 4
AND students_in_household = 2;

This value would then be subtracted from the parents' total income as part of the EFC formula. Reporting use cases center on auditing the allowance values loaded for each award year to ensure compliance with federal guidelines.

Related Objects

The primary key relationship indicates this table is a referenced lookup table within the Financial Aid module. While the specific foreign key relationships are not detailed in the provided excerpt, the IGF_FC_INC_PRCT table is logically a parent table to core financial aid transactional and calculation tables. It would be referenced by tables storing calculated EFC components or student need analysis results. The documented primary key (IGF_FC_INC_PRCT_PK) on the columns S_AWARD_YEAR, TABLE_CODE, PEOPLE_IN_HOUSEHOLD, and STUDENTS_IN_HOUSEHOLD would be the target for foreign keys in related child tables, ensuring data integrity for all EFC calculations dependent on the income protection allowance.