Recipient

You can use the Recipient tab on the CommonLine page to add, edit, or delete the recipient, lender, or servicer who receives the CommonLine data.

Prerequisites

You must have Financial Aid - Settings - Manage authorization.

You should be familiar with the Background for Other Loans.

Access Method

Select the Settings tile > expand Financial Aid > select CommonLine.

Procedure to Configure Recipients

Select the Recipient tab.
If you want to:
- Add a new list item, select the New button on the toolbar
- Edit an existing list item, select the name in the list

Review, specify, or change the following values.

Application Send Enter the date the application was sent to the lender.

Change Transaction Send This option allows you to configure the automated process by Change Send Type, such as releases, disbursement cancellations/changes, refunds, and loan cancellations/reinstatements, which can all be multi-selected. Additionally, you can configure the fund type, fund source, and award year based on the options available, which can also be multi-selected.

Default Disb. Release Code Select the default disbursement release code. H indicates hold disbursement until release notification is given. R indicates release the disbursement as scheduled. It can also be blank. When you add a loan, the value defaults to the default hold or release indicator code specified for the CommonLine recipient (lender or servicer) of this loan. This can be located in the record in the CL Recipient table that matches the lender or guarantor criteria specified for the loan.

Default Process Type Select the default process type that will be performed by the recipient when receiving applications. The options are School certification request, Guarantee loan only, Guarantee loan (prior to receipt of a promissory note) and print application/promissory note, Print application/promissory note and guarantee loan (after receipt of a promissory note) and Print application only. If a loan is being added, this field reverts to the default processing code specified for the recipient of this loan record.

Default Prom Note Delivery Code Preferred method of delivering the promissory note to the borrower. The values are Email, Paper, and Web. A value is required if the value for Recipient Processing Code is GP, PG, or CR. The value is Paper if the code is PO. The field is blank if the code is GO.

Default Return Method The return method for the refund. The return methods are Check, Master Check, EFT, and Net.

Email The email address.

Email Type Select the type of email. The options are CompuServe or Internet.

Guarantor Guarantor that is guaranteeing the loan. Guarantors are specified when fund sources are configured by your institution. If a guarantor was configured for the lender, the guarantor configured for the lender is displayed by default.

Lender The name of the lender. Lenders are configured by your institution.

Recipient Indicates the lender or servicer that receives the CommonLine data.

If other records exist for the selected recipient with different default file names, you can update, update all, create new, or create and update the records. We recommend using the same file names for a recipient.

If you want to save and:
- Continue making changes, select the Save button
- Continue to add another item to the list, select the Save & New button
- Close, select the Save & Close button

Procedure to Delete Items

You can use the Recipient tab on the CommonLine page to delete the recipient who receives the CommonLine data. Deleting an item permanently removes it. No record of deleted list items is maintained in Anthology Student.

If an item is not associated with a student or record, you can delete it.

Select the Recipient tab.
Highlight the item in the list.
Select the Delete button on the toolbar.

The item is:

Removed from the list on the page and the list is redisplayed
No longer available to select on the forms that contain the list