Student Loan Systems

The Student Loan applications support the work of the NU Student Loan Office. Student Loan processes include tracking and approving loan applications, producing promissory notes, booking and disbursing loans, requesting and recording loan guarantees, billing, accounting and loan collection, loan sales and government reporting. These processes are supported using a customized vendor-hosted online loan application system, a credit application tracking system developed at NU, a purchased large-scale bank loan servicing system that was customized for NU, and a collections tracking system developed at NU.