PL EFT Error Report
Run Report (FANet)
Login to FANet Click on Tools Choose Report Registry
Run Report (FANet)(continued)
Keyword Search: PL EFT Error
Click Filter Click on PL EFT Error
Run Report (FANet)(continued)
Click on Query: ASUSAFA_LOANS_PRIV_EFT_NOMATCH
Enter
Run Report (FANet)(continued)
▪ In “Begin Date” enter “Run Date” that last date the report was saved: Review prior report at S:\LOANS\KERRY\Reports\PL 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:\LOANS\KERRY\Reports\PL EFT Error
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.
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.
Adjust Maintain CL4 Disbursement
▪ Go to Maintain CL Disbursements screen.
▪ Click Fund Maint. Button ▪ Enter appropriate Action– Manual Fund Adjustment
(PSAD)
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
Disburse Private Loan
▪ Go to “Disburse Aid” screen.
▪ Click Authorization▪ Click Disbursement
Suspend Disbursement
▪ Go to Maintain CL Disbursements screen.
▪ Click Fund Maint. Button ▪ Enter appropriate Action– Suspend Disbursement
(PSFH)▪ Save
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 the Title “3363 PL EFT Error” click
on the operation “record”
Update FaNet
▪ Complete information– Report Ran: Yes– Area: Loans– Academic Year: Applicable
AY– Returned Rows: Found on
error report– Continue to complete the
process for the remaining information accordingly
– Save