ScholarNet for Schools

Automate Private Loan Certification and Disbursement

ScholarNet is a proven, lender-neutral private loan processing solution that automates the loan certification and disbursement process. It instantly connects you with every major private loan provider and their loan programs. ScholarNet’s outstanding service and support is backed by our team of professionals. Customers come for the technology–and stay for the service. Learn more about the ScholarNet Difference.

ScholarNet

How ScholarNet Helps You

Simplifies and Saves Time

ScholarNet electronically manages all loan processes for you—and creates one roster of all lenders to simplify electronic disbursement and return of funds.

Covers Your Bases

ScholarNet is fully CommonLine-compliant, flagging errors before you submit them, informing you when you have tasks to complete, and providing you with audit trails.

Flexible and Easy to Use

ScholarNet is compatible with all major school information systems. You can also easily customize SmartSearches, and set and modify day of week preferences for disbursements.

What ScholarNet Does

By automatically managing loan data to keep loan application, certification and disbursement on track, ScholarNet gives you more time to help students and complete other tasks.

Flags Errors

ScholarNet flags keying errors and CommonLine compliancy errors before you submit loan information for smoother, faster processing.

Notifies You of Tasks

It’s covered—you can stop checking back to see what you need to do next because ScholarNet automatically emails you when new private loan data is received, or there’s a certification or other task you need to perform.

Allows Easy Customized Searching

Use a customized search feature that displays information you need when you need it—or you can automatically display results for several of the most common search queries. Talk about saving time!

Simplifies and Customizes Disbursement

Compile information from hundreds of private loan providers into a single roster for simple disbursement. Adjust disbursements and set preferences based on your school’s needs.

  • Return of funds is simple with a single roster, too.
  • Set preferences to pause, suspend, modify, or set day of week for disbursements.

Provides Easily Accessible Reports

Choose from a wide variety of certification, transaction, and disbursement reports that can be delivered by subscription or on-demand to Report Inbox.

You don’t even need a report to view an application’s history—you’ll find an easy-to-read audit trail with date, time, and user stamp for each activity right within ScholarNet.

Communicates with Your FAMS

Communicates with Your FAMS

ScholarNet accepts CommonLine files from your Financial Aid Management System (FAMS), which can streamline your processing and save you time.

You can use the Import/Export feature to extract certifications from your FAMS. This process allows you to import response and disbursement files received from loan providers—back into your FAMS.

Testimonials