7.8.6 Subvention Sub Tab
This topic provides information on the Subvention sub tab. It enables users to capture, view, and manage detailed subvention entries such as subsidies, discounts, or financial support applied within the request.
With the Subvention sub tab, available only for Loan, user can review the subvention information from the application entry and calculate the subvention amount, as well as override the calculated subvention amount. The participant’s information is automatically populated based on the selected subvention plan.
To complete the Subvention sub tab
- On the Origination, click Origination. Under Origination, click Underwriting.
- Under Underwriting, click Decision. Under Decision, click Subvention.
- Perform any of the Basic Operations mentioned in Preface.
A brief description of the fields is given below:
Table 7-35 Subvention
Field Description Plan Select the subvention plan. Description View the subvention plan description. Sub Plan Select the sub plan. Sub Plan Description View the subvention sub plan description. Subvention Type View the subvention type. Include Check this box to include this record in calculations on the Other Details sub section. Subvention Detail Display the subvention detail section. Participant View the participant. Participant Type View the participant type. Collection Method View the collection method. Rate View the subvention rate. Rent Factor View the rent factor. Calculation Method View the subvention calculation method. Factor View the factor. Calculated Amount View the calculated subvention amount. Subvention Amount Specify the subvention amount. Include View if the subvention is included in the application or not. Total Subvention Rate View the total subvention rate. Total Subvention Amt View the total subvention amount. - Perform any of the Basic Actions mentioned in Preface.
- Select the Initialize button to reset the subvention amount to zero.
- Select the Calculate button to calculate the subvention amount.
Parent topic: Decision Tab