Private loan eft error report

1. PL EFT Error Report

2. Run Report (FANet)
 Login to FANet
 Click onTools
 Choose Report Registry

3. Run Report (FANet)
(continued)
 Keyword Search: PL EFT Error
 Click Filter
 Click on PL EFT Error

4. Run Report (FANet)
(continued)
 Click on Query:
ASUSAFA_LOANS_PRIV_EFT_NOM
ATCH
 Enter

5. Run Report (FANet)
(continued)
▪ In “Begin Date” enter “Run Date” that last date the report was saved: Review prior report at
S:LOANSKERRYReportsPL EFT Error
▪ Click on “View Results”
▪ The CL4 EFT Error Report spreadsheet opens, click on “Excel Spreadsheet”
▪ Review information on Excel Spreadsheet regarding student and private loan
▪ Save Excel Spreadsheet (Name: PL EFT Error {Date Report Run/Completed} to S Drive –
S:LOANSKERRYReportsPL EFT Error

6. Review Maintain Originated Loans
 Compare loan application ID on
Maintain Originated Loans to
loan unique ID on excel report
 If ids are mismatched, update
the loan application id to
match the loan unique id on
excel report.
 The funds will load to Maintain
CL Disbursements overnight
and disburse.The error will be
resolved.

7. Review Comments
 If ids match, we will need to
review comments in View
Financial Aid Status.
 A change or increase to a
private loan might cause the
eft funds to error when loading
into PeopleSoft.

8. Adjust Maintain CL4 Disbursement
▪ Go to MaintainCL
Disbursements screen.
▪ Click Fund Maint. Button
▪ Enter appropriate Action
– Manual Fund Adjustment (PSAD)

9. Manually Add Funds
▪ When funds error out, the
system does not know where
to load it to.
▪ We manually add the amount
of the disbursement received.
▪ Save

10. Disburse Private Loan
▪ Go to “Disburse Aid” screen.
▪ Click Authorization
▪ Click Disbursement

11. Suspend Disbursement
▪ Go to MaintainCL
Disbursements screen.
▪ Click Fund Maint. Button
▪ Enter appropriate Action
– Suspend Disbursement (PSFH)
▪ Save

12. Update FaNet
▪ Login to FANet at https://sfao.asu.edu/
▪ Select “Tools”
▪ Select “Report Registry”
▪ From “Area” drop down box select “Loans”
▪ Select “Filter”
▪ On the right side of theTitle “3363 PL EFT Error” click on the
operation “record”

13. Update FaNet
▪ Complete information
– Report Ran:Yes
– Area: Loans
– AcademicYear: ApplicableAY
– Returned Rows: Found on error
report
– Continue to complete the process
for the remaining information
accordingly
– Save