Nteract is a Web-based student loan origination system designed to
reduce paperwork, streamline the application and disbursement process, and
improve coordination and communication between financial aid offices and
lenders. The software seamlessly unites financial aid offices, guarantors,
lenders, secondary markets, and servicing companies, which reduces turnaround
time and improves efficiencies.
Nteract is a student loan origination and disbursement management system.
It provides you, the financial aid administrator, with a complete solution for
processing application certifications, initiating change transactions, and can
serve as a comprehensive loan delivery tool. Because Nteract is built as an
open system, schools can work with the lenders of their choice while taking
advantage of its powerful features.
Nteract puts the information you need at your fingertips. You can inquire on
disbursement and loan details online, or you can generate customized reports
in a real-time environment. Nteract also provides a vehicle for uploading and
downloading CommonLine files to meet any of your information system processing
needs.
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