GEGI can automatically send electronic funds transfer (EFT) notices to loan recipients.
It can be activated on the Admin → School Settings page using the following settings:
- Send the Electronic Funds Transfer (EFT) Notice to students about EFT credited to Awards
- Send the Electronic Funds Transfer (EFT) Notice to parents about EFT credited to PLUS Loans.
The email templates are configured on the Admin → Email Templates page:
The Electronic Funds Transfer (EFT) Notice template is used for sending emails to students.
Electronic Funds Transfer (EFT) for PLUS Loan Notice — to PLUS loan recepients.