TABLE OF CONTENTS
- Origination Fees
- Add Origination Fees to an Award Year
- Copy Origination Fees from previous Award Years
Origination Fees
Each award year’s information about Direct Origination fees is available on the Financial Aid → Settings → Origination Fees page. The information is used in the Financial Aid plan when calculating Direct Loan awards and influences the loan fee value shown in the Financial Aid plan.
This page shows the award years with origination fee sets created:
Add Origination Fees to an Award Year
Click the Add button and select the award year for the new record from the drop-down menu:
After the awards year is added, you will see a table where you can define origination fees for the Subsidized Loan, the Unsubsidized Loan, PLUS Loan, and Grad PLUS Loan for that award year:
Click Save.
Copy Origination Fees from previous Award Years
Origination fees from any previous award year can be coped to a new award year using the Actions → Copy button in the corresponding row:
After clicking Copy, select the destination year where you want to copy the values. The list of award years gets updated with the new award year that has the same values as the source year:
The values can be edited using the Edit button after copying as well.