The restrictions on credits generated from Financial Aid schedules need to be defined on the Financial Aid item.
  1. In Configuration, click Products and Billing Items.
  2. Open the Financial Aid item.
  3. Select the Restrictions tab.
  4. In the Use the restrictions from field, select Specific settings below and define the appropriate filters or Configuration and select the appropriate application restriction.
  5. Click Save and Close.

For information on creating Application Restrictions and ensuring the Financial Aid applies to only the tuition that is charged in the same month, refer to How to setup Application Restrictions