Why isn’t the Direct Loan Originated Yet?
Missing Loan Origination can be a result of many things such as mismatch SS#, loan amount exceeding loan limit, Missing Prom Note, etc.. First Go to Student Mastersheet (MS), select ALL criteria and click Generate. Check for error descriptions under PENDING WORK section, ensure loan limit isn’t exceeded under Financial Aid Needs and Awards made, Under Data Transmissions look for error message.