9.2 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

Navigation:  NavBar > Navigator > Financial Aid > Loans > Process Loans

  1. The Loan Origination search page displays.
  2. Enter a New or Existing Run Control ID.
  3. Select the ADD or Search button.  
  4. The Loan Origination page displays.
  5. Enter the Institution.
  6. Enter the Aid Year.
  7. Enter the UGRD for the Career.
  8. Select Use Prom Note list item for the CL Orig Options.
  9. Select the Adjustments checkbox.
  10. Select Use Loan Program checkbox.
  11. Select Direct Lending from the drop-down menu.
  12. Uncheck the Population Selection box.
  13. Use the Student Override section to originate loans for an individual student or list of students.
  14. Select the Run button.  

(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.)

Loan Origination page
  1. The Process Scheduler Request page displays.
  2. Select the OK button.  
Process Scheduler Request page
  1. The Loan Origination page displays.
  2. Note the Process Instance number created in previous step.
  3. Select the Process Monitor link.  
Process Instance and monitor
  1. The Process List page displays.
  2. Select the Refresh button until the Run Status = ‘Success’ and Distribution Status = ‘Posted’.
  3. Select the Details link.  
Process List tab
  1. The Process Detail page displays.
  2. Select the Message Log link.  
Process Detail page
  1. The Message Log page displays.
  2. Thoroughly review the details for the process.
Message Log page
  1. The process to originate a PLUS loan is now complete.  
  2. 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.
  3. End of procedure.