NDSL and HPL Loans Policy

Section I

Purpose

To establish a policy in compliance with Federal policy.

Section II

Procedure

1. Send out monthly bills to students with loans.
2. Figure interest and principal and post payments to individual's accounts.
3. Post payments to ledgers.
4. Monthly reports are done on NDSL and HPL and given to the Bursar.
5. Fisop reports are done every three months for HPL Loans.
6. Federal policies are followed.