Benefits/Allowances Definitions


Sample Report

Reports Functions Overview

Description

This report lists all Benefits/Allowances and associated details which are contained in Administration/Benefit/Allowances. 

Sample Report

 

 

Column

Description

Type

Benefit Type
CX: Cancellation Benefit
DF: Deferment
PP: Postponement

Code

Benefit Code

Description

Description of the Benefit

Percentage Rate

Applies to Cancellation Benefits only.

General Ledger Account

             Applies to Cancellations Only

     Principal CR

     Principal - Credit CRC Ledger number

     Interest CR

     Interest - Credit CRC Ledger number

     Total DB

     Total P&I Offset - Debit CRC Ledger number

     LateChrg CR

     Late Charge - Credit CRC Ledger number

     CollCost CR

     Collection Cost - Credit CRC Ledger number

     Oth CR

     Other Charges - Credit CRC Ledger number

     Oth DB

     Total LC,CC,Other - Debit CRC Ledger number

Months/Max

Cumulative maximum number of months this benefit can be used.

Months/Each

Number of months this benefit can be used each time.

NSLDS Type

Perkins Loan/Receivables Only:  Code used to represent applicable benefit to the National Student Loan Data System.

Send Canc Notice

Applies to Deferments and Postponements which have a corresponding cancellation provision.

OPEID Flag

Applies only to Deferment for student at another instituion (Office of Postsecondary Education Identifier).

Renew Grace

Yes:  Grants a full original grace period for Loan/Receivables where the original grace was interrupted by deferment.

No:  Grants post-deferment grace months, if any, as set on the Loan/Receivables Definitions parameters for the Loan/Receivable.

  

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