This session describes enhancements made to support regulatory changes for Year Round Pell. Phase 1, delivered in the AR 8.1.1 and 7.3.1 releases, provides the ability to capture and display Aid Year of disbursed/memoed Banner Financial Aid transactions on a student's account and includes modifications to Application of Payments processing. Phase 2, delivered in the AR 8.2 and 7.4 releases, provides the option for institutions to create aid year-based detail codes and feed transactions to specific accounts depending on whether the transaction is being posted against a prior, current, or future aid year.