Central Disbursement Service
Simplifies your day-to-day processes to efficiently manage private loan disbursementsContact your Great Lakes representative to get started.
How It Helps You
- Instantly connects your school to hundreds of private loan providers across the country
- Frees up valuable staff time by eliminating data collection, manipulation, and aggregation tasks
- Accessible from any Internet-connected computer and doesn't require IT staff support from your school
- Coordinates with your school's certification process or works seamlessly with ScholarNet® for Private Loans
What it does
Creates One Roster and Disbursement
Compiles information from multiple lenders into a single disbursement and roster.
Allows for Preferences and Adjustments
Preference settings let you pause, suspend, or otherwise modify disbursements to fit your schedule.
Simplifies Return of Funds
Simplifies the process of returning funds to lenders; you don't have to contact each lender.
Easily Accessible Reports
Reports are delivered by subscription or on-demand to Report Inbox.
Streamlining and centralizing disbursement frees up your much-needed time to work one-on-one with students or on other pressing matters within your office that can benefit students.
University of Pittsburgh Streamlines Private Loan Processing, Improves Student Service
In May 2015, the University of Pittsburgh decided to automate the processing of private loans. See how, six months later, they had realized a nearly 60 percent time savings to process a private loan.Read Full Story