Be careful not to originate 2015 Direct Loans until new functionality is fully delivered
Development is advising all customers to be very careful not to originate 2015 loans until all the new 150 Percent Direct Subsidized Loan Limit functionality is fully delivered. Here is their message:
You can find CS 9 Bundle #32 (January/Regs 2) bundle on My Oracle Support by searching for Patch ID 17641903. PeopleBooks updates will be posted to My Oracle Support by this Friday 1/24/14.
WARNING: Oracle is delivering the 150 Percent Direct Subsidized Loan Limit functionality in multiple stages. This bundle includes changes to the system required for setting up the 150 Percent Direct Subsidized Limit functionality. The reporting functionality will be delivered in a future release. Therefore, Oracle strongly advises you not to originate 2015 Direct Loans at this time (until further notice). Originating 2015 Direct Loans prior to receiving subsequent updates to the software will result in all of your 2015 Direct Loans being rejected by COD. As a result, it will be difficult for you to address (re-originate) these loans once
You can find CS 9 Bundle #32 (January/Regs 2) bundle on My Oracle Support by searching for Patch ID 17641903. PeopleBooks updates will be posted to My Oracle Support by this Friday 1/24/14.
WARNING: Oracle is delivering the 150 Percent Direct Subsidized Loan Limit functionality in multiple stages. This bundle includes changes to the system required for setting up the 150 Percent Direct Subsidized Limit functionality. The reporting functionality will be delivered in a future release. Therefore, Oracle strongly advises you not to originate 2015 Direct Loans at this time (until further notice). Originating 2015 Direct Loans prior to receiving subsequent updates to the software will result in all of your 2015 Direct Loans being rejected by COD. As a result, it will be difficult for you to address (re-originate) these loans once
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