Glossary
Loan History

Purpose of this page

The Loan History page displays the following:

Navigation

The Navigation Tabs and their links allow you to navigate to the main pages of each section of the site.

How to access a student's Loan History

To access a student's loan history:

  1. Type SSN, First Name, and DOB.
  2. Click Retrieve.
How to interpret Warning Symbols and Information Icons

The warning and informational icons at the top of the Loan, Grant, Overpayment Lists pages and the Student Access Interface page reflect the status of loans and other aid for which the borrower is personally responsible. Users wishing to check the status of PLUS borrowers who have taken out loans on behalf of students should view the Loan History page for the PLUS borrowers and not rely on the student's page to verify the eligibility of the PLUS borrower for further aid.

How to add information to Transfer Monitoring List

Directly below the warning icons, if any appear, school users will see a message that states whether the borrower is on their school's Transfer Monitoring list and a button that will allow them either to add the borrower to their Student Monitoring list or to view the borrower's status if he or she is already on their Transfer Monitoring list.

To add a student to Transfer Monitoring List:

To view this student's information on the Transfer Monitoring List:

How to interpret the Aggregate Loan Information

The Aggregate Loan Information table displays the Loan Type, Outstanding Principal Balance, Pending Disbursements, and Total for various aggregates separated out into corresponding undergraduate and graduate portions dynamically displayed. Award Year and Dependency Indicator used for undergraduate and graduate aggregate loan limit determination are also included. Only loans for which the borrower is directly responsible affect the aggregate totals. PLUS loans taken out by a parent on behalf of a student do not figure into the student's aggregate totals. Direct Unsubsidized Loans (TEACH) do not figure into a student's aggregate totals so it is itemized separately.

  • Loan Type-Aggregate amounts are displayed for the following loan types:
    • Undergraduate, Graduate and Total (sum of Undergraduate and Graduate) Subsidized Loans-Direct Stafford Subsidized (SULA Eligible) (D0), Direct Stafford Subsidized (D1), FFEL Stafford Subsidized (SF), Direct Consolidation Stafford Subsidized (D6), Direct Consolidation Subsidized (SULA Eligible) (D9), and that portion of FFEL Consolidation (CL) loans that can be attributed to underlying subsidized loans.
    • Undergraduate, Graduate and Total (sum of Undergraduate and Graduate) Unsubsidized Loans-Direct Stafford Unsubsidized (D2), Direct Consolidation Unsubsidized (D5), FFEL Refinanced Loan (RF), Non-subsidized FFEL Stafford Loan (SF), FFEL Supplemental Loan (SL), FFEL Stafford Unsubsidized (SU), FISL Federally Insured Loan (FI), and that portion of FFEL Consolidation (CL) loans that can be attributed to underlying unsubsidized loans.
    • Undergraduate, Graduate and Total (sum of Undergraduate and Graduate) Combined Loans-Direct Stafford Subsidized (SULA Eligible) (D0), Direct Stafford Subsidized (D1), Direct Stafford Unsubsidized (D2), Direct Consolidation Unsubsidized (D5), Direct Consolidation Subsidized (D6), Direct Consolidation Subsidized (SULA Eligible) (D9), FFEL Refinanced Loan (RF), Subsidized and Non-subsidized FFEL Stafford Loan (SF), FFEL Subsidized Loan Supplemental (SL), FFEL Unsubsidized Stafford Loan (SU), FISL Federally Insured Loan (FI), FFEL Consolidation (CL).
    • Undergraduate, Graduate and Total (sum of Undergraduate and Graduate) Consolidation Loans, Unallocated-That portion of FFEL Consolidation (CL), Direct Consolidation Subsidized (D6) and Direct Consolidation Unsubsidized (D5) loans that cannot be attributed to underlying subsidized or unsubsidized loans.
    • Perkins-Federal Perkins Loans - National Defense Loan (DU), Perkins Expanded Lending (EU), Income Contingent Loan (IC), National Direct Student Loan (NU), Federal Perkins Loan (PU).
    • PLUS/PLUS Graduate Loans-FFEL PLUS Loan (PL), Direct PLUS (D4), FFEL PLUS Graduate (GB), Direct PLUS Graduate (D3) Direct PLUS Consolidated (D7). A PLUS/PLUS Graduate Loan row appears in the Aggregate Loan Information table only when the student/borrower displayed on the page holds a PLUS and/or a PLUS Graduate Loan.
    • Direct Unsubsidized Loans (TEACH)-Direct Unsubsidized Loan (D8). A Direct Unsubsidized Loan (TEACH) row appears in the Aggregate Loan Information table only if the student/borrower's TEACH Grant was converted to a Loan.

  • Outstanding Principal Balance-Sums the Aggregate Outstanding Principal Balance for all loans held by the borrower, separated out by Undergraduate and Graduate and Total (sum of Undergraduate and Graduate) portions.
  • Note: For a PLUS loan borrower’s PLUS Loans [FFEL PLUS Loan (PL), Direct PLUS (D4), FFEL PLUS Graduate (GB), Direct PLUS Graduate (D3) and Direct PLUS Consolidated (D7)] it sums the Outstanding Principal Balance (OPB).

    Note: For a student/borrower's Direct Unsubsidized Loan (D8 - TEACH Grant converted to a loan), it sums the Outstanding Principal Balance (OPB).

  • Pending Disbursements-Sums the net loan amount that is awaiting disbursement to the borrower for this aggregate, separated out by Undergraduate and Graduate and Total (sum of Undergraduate and Graduate) portions.
  • Total-Sums Aggregate Outstanding Principal Balance and Pending Disbursements, separated out by Undergraduate and Graduate and Total (sum of Undergraduate and Graduate) portions. Amount used when considering whether a borrower is ''Close or Equal to'' or ''Exceeding'' aggregate limits.

  • Award Year-Field that indicates the award year used in the student's undergraduate or graduate loan limits determination. This award year is calculated based on the loan period begin date from the most recently reported loan for the student.

  • Dependency Indicator-Field that indicates the dependency used in the student's undergraduate or graduate loan limits determination. The dependency indicator is based on the Undergraduate or Graduate Award Year's corresponding award year ISIR and the Central Processing System's (CPS) determined dependency status. In some cases, when an Undergraduate Award Year cannot be linked to a corresponding ISIR, additional steps are used to determine this value (i.e. academic level from the reported loans and/or age of the applicant at the time of the Undergraduate Award Year).

Note: The sorting and filtering on the Loan Summary table below does not affect these aggregates.

How to interpret Master Promissory Notes

The Master Promissory Note (MPN) table displays codes to indicate whether the student or PLUS borrower whose information is displayed on the Loan History page has any MPNs on Direct Stafford or Direct PLUS loans. In addition, it displays an MPN code for any PLUS borrowers who have taken out Direct PLUS loans on behalf of the student displayed on the page. The codes are defined as follows:

  • A-Active Status
  • C-Closed Status
  • I-Inactive Status
  • E-Inactive, Endorsed Status (applies only to PLUS and Graduate PLUS MPNs)
  • N-No MPN

Note: For the student or PLUS borrower displayed on the Loan History page, a code of "N" can mean either that the student or PLUS borrower has not taken out any Direct Stafford or Direct PLUS loans at all, or that the student or PLUS borrower has taken out such loans but that they do not have MPNs associated with them.

For PLUS borrowers who have taken out loans on behalf of the student displayed on the Loan History page, a code of "N" can only mean that the PLUS borrower has taken out one or more Direct PLUS loans on behalf of the student but there aren't any MPNs associated with those loans.

Teacher Loan Forgiveness

Authorized GA users can add new Teacher Loan Forgiveness information.

  • Click TLF Add

The Teacher Loan Forgiveness information, displays the total amount of Teacher Loan Forgiveness dollars.

  • Total Forgiven-This amount is the total forgiven amount for a student/borrower.

To view this student/borrower's Teacher Loan Forgiveness detail:

  • Click TLF List

Note: The TLF totals dynamically displays only when the student/borrower displayed on the page has any TLF amounts.

How to sort and filter the Loan Summary

The default setting for the Loan Summary displays data for every loan taken out by the student, or taken out by a PLUS borrower on behalf of a student, sorted by Loan Date.

You may choose which loans to display and the sort order by using the Sort by and Display Only options.

To use Sort by:

  • In the Sort by list, select a sort option.
  • Click Submit.
  • The page is updated with the new sequence numbers.
To use Display Only:
  • In the Display Only list, select an option.
  • Click Submit.

The sorting and filtering options that are currently in use display below the box containing the sort and filter options. Please remember that the filtering options you select will affect which of the borrower's loans display on the page. If you don't see a loan you are looking for, check the filter option to make sure that it hasn't excluded from display the loan you seek.

If undergraduate and/or graduate loan totals exceed loan limits and the following options are selected from the Display Only dropdown selection box or by clicking the exceed loan limits icon(s), the Award Year and Dependency Indicator display below the current sorting and filtering options: Exceeds Undergrad Sub. Limit, Exceeds Undergrad Comb. Limit, Exceeds Graduate Sub. Limit, and Exceeds Graduate Comb. Limit.

Only 20 loans display per page. If the student has more than 20 loans, the Next Group arrow icon appears. Click this to view the next page of loans. Click the Previous Group arrow icon to view the previous page of loans.

How to interpret Loan Summary

Using the default filter, Loan Summary displays information about every loan taken out by the student or PLUS borrower. If a student's parent borrowed PLUS loans on behalf of the student, those loans are also in the student's Loan Summary, and they do not affect the student's warning icons or aggregate totals. The name of the parent taking out a PLUS loan on behalf of the student displays on the Loan Detail page for that loan.

The Loan Summary information displays the following:

When reviewing the Loan Summary information, keep in mind the following:

  • If a lock icon appears to the left of the Loan Type, the loan is batch locked.
  • PLUS Loans-FFEL PLUS (PL), Direct PLUS (D4), and Direct Consolidation PLUS (D7) taken out on behalf of a student appear in the student's Loan Summary information but do not figure into the student's Aggregate totals. Such loans are added to the Aggregate totals on the PLUS borrower's Loan History.
  • Direct Unsubsidized Loans (D8) taken out by the student/borrower appear in the student's Loan Summary information but do not figure into the student's Aggregate totals.

To obtain detailed information about each loan, click the number to the left of the loan header or click the Loan Detail button to the right of the header to view the Loan Detail page for that loan. The numbering of the list is for display purposes only. Sorting or filtering the list renumbers it.

At the bottom of the page, links are provided to view the next page of the student's record, to view the previous page or the top of the current page or to view the Privacy Act page. There is also a legend defining the various icons that may appear within the Loan Summary section of this page.

Last updated: April 13, 2014

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