Originate a PLUS Loan

Purpose: Use this document as a reference on how to originate a PLUS loan using ctcLink.

Audience:  Financial Aid staff

Originate a PLUS Loan

Process Loans

Navigation:  Main Menu > Financial Aid > Loans > Process Loans

  1. Enter a New or Existing Run Control ID.
  2. Enter the Institution.
  3. Enter the Aid Year.
  4. Enter the UGRD for the Career.
  5. Select Use Prom Note list item for the CL Orig Options.
  6. Select the Adjustments check-box.
  7. Select Use Loan Program check-box.
  8. Select Direct Lending from the drop-down menu.
  9. Use the Student Override section to originate loans for an individual student or list of students.

(IMPORTANT: If running process in batch ensure the Student Override box is unchecked. Leaving it checked with a blank ID field will produce no results.)

  1. Select the RUN button.
  2. Select the OK button.
Loan Origination
  1. Select the Process Monitor link and locate the Process Instance number created in previous step.
  2. Select the Refresh button until the Run Status reads ‘Success’ and Distribution Status reads ‘Posted’.
  3. From the Process Monitor page select the Details link.
Process List - Details Link
  1. Thoroughly review the details for the process using the Message Log link.
Message Log

You have successfully created a PLUS loan for origination.  Follow the Originate a Direct Loan process to run Summer Include/Exclude and to populate loan period, academic year, and disbursement dates to the loan record before running DLOUT to COD.

End of procedure.