Alternative Loan Processing

We offer flexible options for certifying and disbursing your school's alternative loans, including real-time processing with AES partners, CommonLine® processing through eCourier, and more.

Features

Certifying Loans

 Use Alec to make managing your loan certification requests easier:
  • See your work at a glance.
  • Customize Alec to fit your workflow.
  • Sort, filter, and organize your loan certification requests for faster processing.
  • Complete real-time alternative loan certifications for loans processed by AES.
  • Make loan changes and disbursement adjustments via OneLINK, within Alec.

Disbursements

 Increase your disbursement efficiency:
  • Use CommonLine hold/release technology to control your alternative loan disbursements with AES.
  • Receive fund delivery electronically.
  • Support the existing Central Disbursing Agent (CDA) process for loan delivery.
  • Process refunds electronically though the Web, for loans disbursed by AES.

Reports

 Meet your school's unique needs:
  • Access certification, disbursement, and repayment information through our secure online reporting tool.

Interested in Learning More?

Live training webinars are available to you and your institution to address any questions and concerns you may have.

Each of our several weekly sessions lasts approximately 1 hour and walks you through:

  • An overview of alternative loan certification and disbursement with AES
  • Our reporting tools
  • Our borrower tools and services

Register today!

For your convenience, you can download and print the information presented in our webinars.

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