Begin by navigating to the CommonLine PNote - Stafford page.
Click the Financial Aid link.Step 1
Click the Loans link.Step 2
Click the Commonline Management link.Step 3
Click the Enter Stafford Prom Notes link.Step 4
Enter the desired information into the ID field. Enter
Click the Search button.Step 6
Use the CommonLine PNote - Stafford page to enter promissory note information prior to origination of the loan. If the promissory note is present for the loan when you run origination, the system uses the lender and guarantor OPEID to determine the appropriate loan destination.Step 7
The Loan Type Code field indicates the appropriate Stafford loan types that your institution has set up on the Loan Type Table page.
Click in the Loan Type Code field.Step 8
Enter the desired information into the Loan Type Code field. Enter
The Lender OPEID field indicates the lender requested by the borrower on the promissory note.
Click in the Lender OPEID field.Step 10
Enter the desired information into the Lender OPEID field. Enter
The Guarantor OPEID field indicates the guarantor requested by the borrower on the promissory note.
Click in the Guarantor OPEID field.Step 12
Enter the desired information into the Guarantor OPEID field. Enter
Click the Capitalize Interest list.Step 14
Click the Capitalize while in school list item.Step 15
Click the References Complete list.Step 16
Click the Yes list item.Step 17
Click the Borrower Signature option.Step 18
Click in the Lender Branch ID field.Step 19
Enter the desired information into the Lender Branch ID field. Enter
Click in the Signature Date field.Step 21
Enter the desired information into the Signature Date field. Enter
Click the Student Data link.Step 23
Use the Origination Detail page to view the student's current biographical and demographic data.Step 24
Click the Return link.Step 25
Click the PNote Status link.Step 26
Use the Loan Pnote Action Status page to view or update loan promissory note action status.Step 27
The system sets the Loan Action Cd field value automatically as the promissory note is processed, but you can override it. Select from:
E: Select this value after you receive the promissory note. This value is automatically set when the promissory note is first entered.
I: Select this value when the promissory note is set to inactive. Set this value manually to cancel the use of the promissory note.
O: Select this value when the promissory note is used for origination. This value is automatically set when the promissory note is originated.Step 28
Click the OK button.Step 29
Click the Save button.Step 30
You have successfully entered CommonLine promissory note data.
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