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Direct Loan Processing at Berea College

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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  1. Direct Loan Processingat Berea College

  2. 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.

  3. Application for Additional Aid

  4. RPAAWRD Insert Direct Loan and save.

  5. Creating Loan Applications In RPAAWRD under options select Create Loan Applications

  6. Loan Application RPALORG

  7. Sending Loan Files REREXXX Check .lis and .log files for any potential problems

  8. 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

  9. Balancing and Direct Loan Tool • Direct Loan tools • Other methods

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