Direct Loan - Adjusting Loan Disbursements

Prerequisites

· DL Setup Required
· Manually Originating Loans
· Creating Loans from Import
· Origination and the Common Record
· Disbursement and the Common Record

Introduction

Using EDExpress, you can adjust actual disbursement dates and amounts after Common Origination and Disbursement (COD) has accepted the disbursements.

Scenario

You have several students who require changes to their loan disbursements. You will lower one student's disbursement, adjust another disbursement to zero, and adjust the disbursement date for a third.

Tasks

To further understand and modify disbursements, you will:

· Adjust an Actual Disbursement Amount
· Adjust an Actual Disbursement Date

Continue to the first task

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