For Schools

To Load or Not to Load: Automating Your Private Loan Process

ScholarNet Product Spotlights | October 13, 2021

If you’re an experienced ScholarNet® user, you know how much time our private loan certification and disbursement solution can save you – but is it saving you as much time as it could be?

How the Import/Export Option Works

If you’re a school user who inputs your school’s private loan data into both your financial aid management system (FAMS) and ScholarNet, you may want to consider our import/export option to streamline your processing.

With ScholarNet’s import/export option, you’re able to simplify the entire private loan process. Once the loan is created in the school FAMS, the data can be securely imported into ScholarNet, immediately validated, and made available for the service provider. ScholarNet also creates response files and disbursement rosters, making them available for loading to the school FAMS – and ensuring that they’re updated with the most recent status.

Take It Up a Notch

For a truly hands-off experience, you may want to consider using Secure File Transfer Protocol (SFTP). Many of our customers have made the decision to automate their process using SFTP and found it to be very advantageous.

Learn More in Our Webinar

To learn more about specific benefits and to get all your questions about import and export answered, please join us for a topic-specific webinar on November 10, 2021 at 11am CST or on November 17, 2021 at 2pm CST . We hope to see you there.

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