This document provides information about student loan adjustments, including: 1) The worklist item detail screen contains information to help process student loan adjustment forms seamlessly, including graduation date, academic level, enrolled classes, awarded loans, and PLUS credit denials. 2) The student loan adjustment form is used to accept, increase, decrease, offer, or decline subsidized, unsubsidized, and graduate PLUS loans. 3) Guidelines for adjustments include splitting loans evenly for fall/spring attendance, prorating loans for students graduating mid-year or attending for only one semester, and processing increases on new lines.

1. Student Loan
Adjustments

2. Worklist Item Detail Screen
▪ The worklist item detail screen
has information to help make
the processing for any form in
student loan adjustments
easier and seamless.
▪ Graduation Date
▪ Academic Level
▪ Enrolled classes per term
▪ Awarded Loans
▪ PLUS Credit Denials

3. Student Loan Adjustment Forms

4. Types Of Adjustments
▪ The Student LoanAdjustment Form is an e-form that students
submit online to:
▪ Accept
▪ Increase
▪ Decrease
▪ Offer
▪ Decline
▪ The Student LoanAdjustment Form is used to adjust Subsidized,
Unsubsidized, and Graduate PLUS Loans

5. Guidelines for Adjustments
▪ All loans must be split in half for the academic year (Fall/Spring) if
the student is attending both, unless student requests a Spring Only
Loan
▪ Summer is awarded as a trailer to the current academic year.
▪ If a student is only attending for one semester, a student is packaged
or awarded with half of their annual eligibility.
▪ Undergraduate students graduating in one semester must have their
loans prorated.
▪ Any increases must be processed on a new line

6. Split Code/Disbursement Plans
▪ Prior to October 1st each year
loans are posted with regular
item types using a split code of
AP/AP for fall/spring or FP/FP
for fall only.
ItemType Subsequent
Loans
Description
970102099901 02, 03 Direct Subsidized Loan
970104099901 02, 03 Direct Unsubsidized Loan
970104099930 31, 32 Direct Unsubsidized Denial
Loan
970108099901 02, 03 Direct Parent PLUS
970109099901 02, 03 Direct Graduate PLUS
ItemType Subsequent
Loans
Description
970102099970 71, 72 Direct Subsidized Loan (Seq)
970104099980 81, 82 Direct Unsubsidized Loan
(Seq)
970104099990 91, 92 Direct Unsubsidized Denial
Loan (Seq)
970108099970 71, 72 Direct Parent PLUS (Seq)
970109099970 71, 72 Direct Graduate PLUS (Seq)
▪ After October 1st, loans are
post with sequester item types
using a split code of AL/AL for
fall/spring, FL/FL for fall only
and SP/SP for spring only.

7. Final Term Loan Proration
▪ Once a student applies for graduation the loans must be prorated in
the final term.
▪ If the student applies for graduation before disbursement, the
system will prorate the loans automatically based on enrollment.
▪ If a student accepts less than the full amount of the loan, the system
may not prorate the loan correctly.
▪ Increases cannot be processed until after the census date.
▪ Proration does not apply to unsub plus denial loans, students are only
eligible for half of the loan.

8. Final Term Loan Proration Charts
FinalTerm Loan Proration Specification Chart
(PertainsOnly to Direct Loans)
Student
Enrollment
Specifications for Increasing Loan Amounts
Session C
Set disbursement date to the day after the 21st day
of session C start date
Sessions A, B, & C
Set disbursement date to 1 day after drop/add date
for session B
Sessions B & C
Set disbursement date to 1 day after drop/add date
for session B
Sessions A & C
Set disbursement date to the day after the 21st day
of session C start date
Session A Only
Set disbursement date to 1 day after drop/add date
for session A
Session B Only
Set disbursement date to 1 day after drop/add date
for session B
Session A & B
Set disbursement date to 1 day after drop/add date
for session B
UNDERGRADUATE – DEPENDENT 24 Credit Hours for the AcademicTerm
6 to 8 Credit Hours $ 1875.00 CombinedTotal $1375 sub / $500 unsub
9 to 11 Credit Hours $ 2850.00 CombinedTotal $2090 sub / $760 unsub
12 to 14 Credit Hours $ 3750.00 Combined Total $2750 sub / $1000 unsub
15 to 17 Credit Hours $ 4725.00 CombinedTotal $3465 sub / $1260 unsub
18 to 21 Credit Hours $ 5625.00 CombinedTotal $4125 sub / $1500 unsub
22 to 24 Credit Hours $ 7500.00 CombinedTotal $5500 sub / $2000 unsub
UNDERGRADUATE – INDEPENDENT 24 Credit Hours for the AcademicTerm
6 to 8 Credit Hours $ 3125.00 CombinedTotal $1375 sub / $1750 unsub
9 to 11 Credit Hours $ 4750.00 CombinedTotal $2090 sub / $2660 unsub
12 to 14 Credit Hours $ 6250.00 CombinedTotal $2750 sub / $3500 unsub
15 to 17 Credit Hours $ 7875.00 CombinedTotal $3465 sub / $4410 unsub
18 to 21 Credit Hours $ 9375.00 CombinedTotal $4125 sub / $5250 unsub
22 to 24 Credit Hours $ 12,500.00 CombinedTotal $5500 sub / $7000 unsub

9. Parent PLUS Unsub Denial
Funds Request

10. Guideline for Adjustments
▪ First and Second year students are eligible for $4,000 in denial funds.
▪ Third and Fourth year students are eligible for $5,000 in denial funds.

11. Parent PLUS Special
Circumstances

12. Guidelines for Adjustments
▪ We can award unsub plus denial funds for parents of special
circumstances including but not limited to:
▪ Parents in an active bankruptcy
▪ Economic hardship
▪ Parents that are not a US Citizens or eligible Non-
citizens
▪ Other circumstances can be approved by
management