Direct loan processing at berea college
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Direct Loan Processing at Berea College PowerPoint PPT Presentation


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Direct Loan Processing at Berea College. Berea College. Berea does not include Direct loans in a student’s initial aid package. If a student needs additional assistance they must apply for it.

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Direct Loan Processing at Berea College

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Direct Loan Processingat Berea College


Berea College

  • Berea does not include Direct loans in a student’s initial aid package.

  • If a student needs additional assistance they must apply for it.

  • Students needing additional assistance must complete an entrance interview and Master Promissory Note at www.studentloans.gov as well as an application for Berea College.


Application for Additional Aid


RPAAWRD

Insert Direct Loan and save.


Creating Loan Applications

In RPAAWRD under options select Create Loan Applications


Loan Application RPALORG


Sending Loan FilesREREXXX

Check .lis and .log files for any potential problems


Loading Direct Loan FilesRERIMXX

  • Entrance Counseling (crecmyXXop)

  • Promissory Note (crpnXXop)

  • Direct Loan (crdlXXop)

  • Booking (crbnXXop)

  • After loading each file, check the .lis and .log files for problems

  • Aid is disbursed after loading files


Balancing and Direct Loan Tool

  • Direct Loan tools

  • Other methods


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