Princeton Receivables Emergency Loans Receivable
The Short Term Emergency Loan Application is a custom application developed in-house using Java EE technology that integrates with PeopleSoft Financials and is responsible for supporting the business needs of the Bursar Office to assist students who need a Short Term Emergency Loan. Short Term Emergency Loans are given to Graduate Students (and on very rare occasions Undergraduate Students) to take care of an emergency need for cash with the expectation that it will be repaid in a short period of time. Most loans are repaid within the issuing academic year. Students should only have one active loan at a time, but exceptions are made.
Repayment for the majority of loans is through stipend deduction; small percentages of accounts are paid through other Loan proceeds; and, small percentages repay by coupon.
A Dean in the Graduate School normally faxes a completed application to the Bursar office which indicates the authorized amount of the loan and repayment terms.
The Princeton Receivables Short Term Emergency Loan Receivable System is responsible for providing the following services:
- Manage Inbound Batch Feeds
- Establish a Short Term Emergency Loan for a student
- Request for payments for Short Term Emergency Loan
- Manage payments to the Short Term Emergency Loan
- Monitor the Short Term Emergency Loans account information and activity
- Manage Term Changes of Short Term Emergency Loans
- Manage Loan termination
- Manage Cancelling (Undo) of Transactions and reapplying transactions
- Provide on demand customer services to students
- Manage non-paying Short Term Emergency Loan accounts
- Support Princeton accounting requirements
- A Loan Calculator
- Web Self-Services for students and parents
SSH2 for access to the system. Browsers supported are: IE and Firefox
This is a financial transaction system and therefore is available 24/7 365 days a year.
Regular Server maintenance is done once a quarter.
As needed. Training is done by the Treasurers office
Available through the Bursar Office
By using the CDI Production Support Request form (https://opm.princeton.edu/forms/request-CDI.html) which will create a ticket automatically in the CDI-Prod-Spt-Incoming queue