Set Up Federal Direct Loan Reconciliation

Security: Manage: Student Award Reconciliation
domain (secured to the Financial Aid functional area)

Workday enables you to fully reconcile Federal Direct loans by:

Inbounding Direct Loan SAS files from Common Origination and Disbursement (COD) through the integration.

Running the

Find School Account Statement (SAS) Files

report to view the SAS files you’ve imported into Workday.

Using the

Student Award Reconciliation Hub

to compare your Direct Loan records to SAS files and resolve any discrepancies.

Enable and add security groups to the Manage: Student Award Reconciliation
security domain. You can use this security domain to secure access to Direct Loan SAS tasks, reports, integrations, and data. Note that members of any security groups you add can view all Direct Loan SAS files in the Academic Unit configuration that they have access to.

Run the

Create Integration System

task to create a School Account Statement (SAS) Integration system for each institution that you want to inbound Direct Loan SAS files for.

If you’re a multi-institution tenant, specify a unique institution in the

Institution

integration attribute for each integration system.

If you’re a single-institution tenant, Workday automatically populates your institution in the

Institution

integration attribute.

Ensure that you have a COD Routing ID policy for the institution that you configured on your

Institution

integration attribute for all academic units you expect to receive a Direct Loan SAS file for in your Inbound integration.

On your COD Routing ID policy, configure the correct Direct Loan School Code to ensure that you can correctly inbound Direct Loan SAS files.

Inbound an SAS file using your newly configured integration.

Run the

Find School Account Statement (SAS) Files

report to view the SAS files you’ve imported into Workday.

Begin reconciliation using the

Student Award Reconciliation Hub

. See Concept: Federal Direct Loan Reconciliation.