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FASTLoans–Streamlining Student LoansGSFC is proud to offer FASTLoans™ and FASTPLUS™ online Master Promissory Notes with electronic signatures for Georgia institutions that participate in the GHEAC Single Source Partners (SSP) service. FASTLoans™ and FASTPLUS™ are school specific and provide schools with flexible setup options including preferred lender listing and online MPN activity notification options: CommonLine certification requests, secure e-mail messaging, or no notification at all. Depending upon school preference, the process is either borrower or school initiated. The FAST Products offer Georgia borrowers an online secure environment to quickly, easily, and accurately complete a Master Promissory Note. It provides for active MPN searches, suggested lender logic, online real-time edits for accuracy, three signature options, printable MPN (PDF) documents, and borrower confirmation e-mails. Borrowers can electronically sign the MPN using the Personal Identification Number (PIN) obtained by completing the Free Application for Federal Student Aid (FAFSA) or print the document and "wet" sign. Of course, the FAFSA is not required to get a PIN, but applicants must request one. FASTLoans™ will significantly enhance the delivery of loan funds to schools and students. GSFC is pleased to offer this service to Georgia students and schools. For more information about FASTLoans™ contact a GSFC Lending Professional at (770) 724-9000. To see a demo of the FASTLoans or FASTPLUS product, please contact GSFC Client Services at ClientServices@gsfc.org. |
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