Benefits/Allowances Definitions
Description
This report lists all Benefits/Allowances and associated details which are contained in Administration/Benefit/Allowances.
Column |
Description |
Type |
Benefit Type |
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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