Loan to Bursary Conversion Rules {FBLM-2}

Loans can be converted to bursaries under certain conditions. This option enables the user to specify the rules that will determine if a loan, or part their off can be converted to a bursary.

Fields in the option:

Block 1: Loan to Bursary Conversion

This block specifies the new bursary code to which an existing loan code can be converted.

Field	Type & Length	Description
Year	N2	The year in which the allocation must be performed.
Block	A2	The block in which the allocation must be performed.
Bursary Code	A7	The code of an existing bursary must be entered. Existing loans shall be converted to this bursary.

Example:

Block 2: Conversion Rules

This block specifies the rules that will be used to determine if a loan, or part their off can be converted bursary.

Field	Type & Length	Description
Sequence	N1	Sequence number of the rule for a specific bursary code
Bursary Code	A7	The code of the loan which must be converted to a bursary.
Conversion Rate	N3.2	The percentage of the loan which must be converted to a bursary.
High Percentage	N3.2
Low Percentage	N3.2	If the student's final result for the year and block is between the high and low percentages, then a percentage of the loan as specified in conversion rate, will be converted to a bursary.
Conversion Date	DD-MON-YYYY	The date on which the conversion was performed. It is displayed on this screen but is updated when {FBLO-25} is executed.

Example:

Processing Rules
	No special processing rules

Date	System Version	By Whom	Job	Description
30-Nov-2006	v01.0.0.0	Amanda Nell	t133703	New manual format.
18-Sep-2007	v01.0.0.1	Charlene van der Schyff	t156162	Proofread by ITS system owner not done.