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| The Priority Origination and Disbursement System (priorityODS) is the newest enterprise solution to be worked on at PTI. It builds on the architectural foundation established by our other products, but expands our scope of influence into the core business processes of the lenders and secondary markets of student loans. |  |
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| Availability | ||||
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| priorityODS is currently in active development, with final client acceptance scheduled for the third quarter of 2006. It will incorporate critical origination and disbursement features, such as: | ||||
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| • Electronic and conventional funds transfer
• Application processing and rigorous data edits • Complete change transaction support • Support for Central Disbursing Agents (CDA), including Elm NDN™ • Loan transfers and sales • Guarantor interface processing • Lender guarantee fee processing • Support for FFELP and alternative loans • Electronic credit checking • Automated PLUS loan pre-approval |
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| priorityODS is the next generation of origination solutions for the student lending industry. It has all of the features required for full service origination operations while providing the flexibility and strength afforded by its modern architecture and technology | ||||
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