Certification
Automate and streamline private loan certification with a lender-neutral platform that reduces manual work, flags errors, and keeps your team audit-ready.
Disbursement
Centralize and simplify disbursements with real-time alerts, smart searches, and seamless system integration so nothing falls through the cracks.
Management
ScholarNet helps you stay ahead of borrower questions with real-time alerts, smart task tracking and built-in communication tools that make outreach simple and timely.
ScholarNet is a comprehensive, lender neutral platform that connects loan certification, disbursement, borrower communication, and portfolio oversight in one centralized system. Designed to support both private and federal loan programs, ScholarNet streamlines workflows, reduces errors, and keeps teams audit ready. Whether you’re managing daily loan activity or responding to borrower needs, ScholarNet delivers clarity, compliance, and operational control.
How ScholarNet Supports You
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Streamlined and Timesaving
ScholarNet automates your student loan management – creating a consolidated roster of private lenders to simplify electronic disbursements and fund returns, so you can focus on what matters most.
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Built-In Compliance and Confidence
Fully CommonLine-compliant, ScholarNet flags errors before submission, alerts you to pending tasks, and maintains detailed audit trails, ensuring you’re always a step ahead.
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Flexible and User-Friendly
Compatible with all major student information systems, ScholarNet lets you tailor Smart Searches and easily set or adjust your preferred disbursement days.
What ScholarNet Does
ScholarNet connects schools and lenders through a secure, automated platform that simplifies private loan certification, disbursement and data exchange, saving time, reducing errors, and improving the borrower experience.
For Schools
Guide Borrowers with Confidence
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Flags Errors Before Submission
Catches keying and CommonLine compliance errors early for smoother, faster processing.
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Notifies You of Tasks
Sends automatic alerts when new loan data is received or a certification task needs attention.
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Allows Easy Customized Searching
Save and reuse your most common search queries with SmartSearch for quick access to key information.
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Simplifies Disbursement
Consolidates data from hundreds of lenders into a single, customizable roster.
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Provides On-Demand Reports
Access certification, transaction, and disbursement reports or use the built-in audit trail for instant history.
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Communicates with Your FAMS
Accepts CommonLine files and syncs certifications and disbursement with your Financial Aid Management System.
For Lenders
Strengthen School and Borrower Engagement
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Securely Exchanges Loan Data
Connects with hundreds of CommonLine-compliant schools, service providers, and FAMS using double encryption.
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Supports Full Electronic Processing
Handles certification, disbursements, and change transactions quickly and cost-effectively.
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Manages Disbursement Preferences
Sends funds and rosters based on school schedules and simplifies returns and refunds.
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Offers SmartSearch and Reporting Tools
Customize searches, subscribe to reports, and access audit trails, all from one web-based dashboard.
Connecting Schools and Lenders Through a Secure, Automated Platform
ScholarNet simplifies private loan processing by automating certification, disbursement, and data exchange. By creating a centralized, secure workflow, it helps schools and lenders reduce errors, save time, and manage loan activity more efficiently.
Automate Certification and Disbursement
Handles key steps in the loan process automatically so teams can move faster with less manual effort.
Reduce Errors Before Submission
Identifies issues early in the workflow to improve accuracy and prevent delays.
Securely Connect Schools and Lenders
Provides a centralized, compliant connection that simplifies data exchange across all partners.
Streamline Data Management and Reporting
Organizes loan data in one place so teams can track activity and stay audit-ready.
What Borrowers Get
ScholarNet supports a smoother loan experience by improving the speed, accuracy, and reliability of processing behind the scenes.
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Faster access to funds
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Fewer delays and errors
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Secure handling of personal data
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A more consistent process
Testimonials
Contact Us
Ready to simplify your loan processing?