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Student Loan Management
The Odin Student Loan Management Program is a great tool
for tracking, managing, and reporting on student loans. You set the parameters (amount,
percentage rate, payment periods per year, when interest starts accruing, when repayment
starts), and the program calculates the rest. Interest can be simple or compound, and
payments can be interest-only or principal and interest. When payments are received, they
are easily posted, and student statements and bills are easily generated. Information
within the system can be reported in a variety of ways. These reports include aging, loan
analysis, cash flow, outstanding loans, as well as student statements.
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