Originate a PLUS Loan

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

Audience:  Financial Aid staff, loan processing staff.

You must have at least one of these local college managed security roles:

  • ZD FA DL Prcs
  • ZZ FA DL Prcs
  • ZZ FA Direct Loan Processor

If you need assistance with the above security roles, please contact your local college supervisor or IT Admin to request role access.

Originate a PLUS Loan

Navigation:  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. De-select the Population Selection box.
  13. You may use the Student Override section to originate loans for an individual student or list of students, but typically this checkbox will remain unselected.
  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.)

The Loan Origination screen with the Control Information defined as Institution WA140, Aid Year 2024, CL Orig Options - Use Prom. Note, The Use Loan Program checkbox is selected and the Direct Lending option is selected in the drop down box.  The Career field is defined with UGRD, and the Adjustments checkbox is selected.  The Population Selection checkbox is unselected and the Run button is annotated with a red box.
  1. The Process Scheduler Request page displays.
  2. Select the OK button.  
  3. The Loan Origination page displays.
  4. Note the Process Instance number created in previous step.
  5. Select the Process Monitor link.  
  6. The Process List page displays.
  7. Select the Refresh button until the Run Status = ‘Success’ and Distribution Status = ‘Posted’.
  8. Select the Actions link, and select the Message Log drown down option.  
  9. Thoroughly review the details for the process, note the number of loans originated, and note if any did not pass origination.
  10. The process to originate a PLUS loan is now complete.  

Follow the Originate a Direct Loan process to run the remaining loan origination steps to include: Summer Include/Exclude and to populate loan period, academic year, and disbursement dates to the loan record before running DLOUT to COD.

Video Tutorial

The video below demonstrates the process actions described in the steps listed above. There is no audio included with this video. Select the play button to start the video.

View Tutorial Via Panopto

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