January 17, 2008

Loan Proration Decision Tree

OGSLP created a new tool our school customers can use to calculate prorated loan amounts. Within minutes, financial aid professionals can determine if loan proration is needed by using OGSLP's Loan Proration Decision Tree. Proration, a reduction of the standard annual loan limit for an undergraduate student, is required if the student's program or the remainder of the student's program is less than a full academic year in length.

You can download OGSLP's Loan Proration Decision Tree from our Web site, which also offers a video tutorial for the new tool. Printed copies can also be requested from Policy, Compliance, and Training at 405.234.4432 or pct@ogslp.org.