Now that you have mastered the Direct Loan origination and disbursement processing in Banner, you will find that reconciling your loans and closing out the loan year is very easy in Banner. This session will highlight the methods of Direct Loan reconciliation at Denison University (a small private institution) and at Miami University (a medium, state university) using the SunGard Higher Education Banner system. The session will provide details on the system set up and reports that can be generated for reconciling DL by using the Department of Education's free software Direct Loan Tools with Banner. The session will also provide details about unique ad hoc reports that were created by a school which can be generated from Banner's GJAPCTL to enhance the reconciliation process and to help with Quality Assurance for the program. Participants will be able to request copies of the code for any or all of reports reviewed in the session. The target audience for this presentation includes functional users who process Direct Loans and IT staff who support the financial aid offices.