Adding an Additional Loan

Additional loans can be added while a loan is being updated or just after reserving a new loan.

 

NOTE: If the loan is currently being edited, begin with Step 4.

 

    1. Click the Edit/Update link under the Management menu.
    2. Locate the primary loan to which an additional loan is to be added.
    3. Click the Add Additional button in the Action bar to display the Today’s Offering screen.
    4. Select the program from the Programs grid.
    5. Select the appropriate Allotment, Allocation or Source from the Funds by Program grid (if necessary).
    1. Click the New Additional Loan button in the Action bar to display the Additional Loan screen.
    2. On the Additional Loan tab enter the loan information.
    3. Ensure the Terms in Months is the same as in the primary loan then enter the Loan Amount and the P&I will automatically calculate.
    4. Click Update in the Action bar to save the loan.