Student Loans
The "Student Loans" database is designed to manage student loans and all associated entities such as students, guarantors, loan details, accounts, and payments. This system helps in organizing and tracking loan information from initiation to repayment, ensuring students, guarantors, and financial institutions have clear visibility into loan status, payment schedules, and other relevant details.
Description
The Student Loans table contains core information about each loan, including the Guarantor Name, Student Name, Loan Status, Loan Amount, Loan Period, and Repayment Dates. This table serves as the main hub for tracking loan progress, from when it was granted to the repayment status, ensuring that both lenders and borrowers can monitor the financial obligations.
The Students table holds personal details about each student who has taken out a loan. This includes information like First Name, Last Name, Phone, Email, and Address. This table is essential for identifying and contacting students regarding their loans and any updates to their accounts.
The Guarantors table records details about individuals or organizations acting as guarantors for the loans. It contains information such as First Name, Last Name, Email, Phone, and Address. The guarantor plays a critical role in securing the loan, and this table helps track their information for accountability and communication.
The Standard Loans table defines the types of loans available to students. It includes fields like Min Amount, Max Amount, Loan Period, and Loan Description, which outline the general terms and conditions for each loan type. This table helps in standardizing loan options available for students.
The Accounts table stores the banking information related to student loans, such as Account Number, Bank, and Account Type. This table is critical for managing the accounts from which payments are made or received, ensuring smooth financial transactions.
The Payments table tracks individual payments made towards student loans. It includes details such as Payment Date, Amount, and Student Name, offering a clear record of repayments made by students. This table is vital for monitoring loan repayment progress and ensuring that students are meeting their financial commitments.
Overall, this database provides a comprehensive system to manage student loans, track payments, and maintain detailed records for both students and guarantors, ensuring a streamlined process from loan initiation to final repayment.
Screenshots
To help you make the system work for your needs, we have developed the following service program:
- Discuss your needs with our staff.
- We’ll determine and confirm the workflow logic of your database.
- We’ll create a ready-to-use database to fit your exact business model.
- You’ll get a solution designed especially for your needs.
Any support materials, such as spreadsheets and real-life work samples would be very helpful as they would help us better understand your business process.
We offer free system configuration assistance
(up to 4 hours of consulting work).
If you decide that our database is not exactly what you need - you owe nothing.