docFor Discussion Purposes only Marianna Deeken US
download 
Report Transcription
For Discussion Purposes only Marianna Deeken US
For Discussion Purposes only WHAT’S NEW? Student Eligibility Enhancements Exit Counseling Loan Delinquency Tools Additional Enhancements RMASFAA Conference 10-13 October 2010 Marianna Deeken U. S. Department of Education Enrollment Reporting Web Report UPDATE ON NSLDS Federal Loan Servicers Update 2 STUDENT ELIGIBILITY ENHANCEMENTS STUDENT ELIGIBILITY ENHANCEMENTS NSLDSFAP Web site changes Financial Aid History (FAH) and Transfer Student (TSM) Report changes 2011-2012 award year anticipated changes NSLDSFAP Web Display Dynamic by Undergraduate and Graduate Award Year Dependency Status 3 Marianna Deeken U. S. Department of Education 4 1 For Discussion Purposes only STUDENT ELIGIBILITY ENHANCEMENTS Dynamic by Undergraduate and Graduate Academic levels reported for each loan Enhanced NSLDSFAP Web site to filter loans based on Exceeds Loan Limits Warning Symbols Award Year Determination STUDENT ELIGIBILITY ENHANCEMENTS Based on the loan period begin date from the most recently reported undergraduate/graduate loan for the student 08/28/2006 falls between 07/01/2006 and 06/30/2007of Award Year 2006-2007 Dependency Status Indicator Determination Based on the dependency status from the student’s ISIR for the appropriate award year 5 6 STUDENT ELIGIBILITY ENHANCEMENTS Filtered Loans, by Exceeding Undergraduate Subsidized Limit, reveals those that contributed to the overage. Financial Aid History (FAH) and Transfer Student Monitoring Report Output grouped by Undergraduate Graduate Award Year Dependency Status Pell LEU AEI Award Year: 2010 $22,860 + $3,500 = $26,360 7 Marianna Deeken U. S. Department of Education 8 2 For Discussion Purposes only STUDENT ELIGIBILITY ENHANCEMENTS EXIT COUNSELING 2011-2012 Award Year anticipated changes No new ACG/SMART Grants Students Schools Not award year specific, so prior Grant disbursements may be included on ISIR will send to CPS/ISIR complete online at NSLDS.ed.gov using upload tool Exit Counseling history displayed on FAP web site Exit Counseling Reports Iraq/Afghanistan Service Grant - Aid Overpayments recorded on NSLDSFAP Web site NSLDS NSLDS stores completion history Student’s date completed by school(s) Flexible reporting with multiple formats 9 EXIT COUNSELING 10 EXIT COUNSELING Complete on Student Access Web site Start – Fulfills exit counseling requirement Tour – Browse/Review exit counseling content Both available for Student and FAAs Associated with loans To add other schools, filter by state Listed by Name and 8 digit OPEID 11 Marianna Deeken U. S. Department of Education Pre-populated School Code 12 3 For Discussion Purposes only EXIT COUNSELING Multiple sections Student Completes Session Loan Summary/Interest Rates Repayment incentive, plans and options Estimating/making payments Deferments/Forbearances Delinquency/Default Loan Consolidation Money Management tips Contact Information Borrower’s Rights Completion Displayed on NSLDSFAP Tailored Quizzes between sections 13 EXIT COUNSELING 14 EXIT COUNSELING NSLDSFAP Web site offers uploading tool so all exit counseling data is stored in one central location Adding • • • 15 Marianna Deeken U. S. Department of Education Records 50 records at a time Field/data editing Fix rejects on spreadsheet and upload again 16 4 For Discussion Purposes only EXIT COUNSELING EXIT COUNSELING SCHOOL REPORT Student’s exit counseling completion(s) displayed on NSLDFAP Web site EXTC01 Exit Counseling Completion Results Source: NSLDS (Student Site) or School (Upload) Media Type: Electronic or Paper Roll up to 6 digit School Code Specify 8 digit OPEID code (enter 2 digit branch) Date Ranges Multiple Output Formats NSLDS Pre-formatted Report NSLDS Extract Format Message Class: AHSLDSOP Standard Fixed-Width Comma Delimited Message Class: AHSLDEOP Direct Loan Extract Format Standard Fixed-Width Comma Delimited Message Class: AHSLDEOP 17 EXIT COUNSELING COMPLETION REPORT SAMPLE 18 ADDITIONAL EXIT COUNSELING COMPLETION REPORTS EXTC02 - Lender Report EXTC03 - GA Report Future Enhancement Pushed Report - schools will have the ability to receive a report containing exit counseling data automatically via the SAIG. Establish Frequency Output Format Message Classes Specify 19 Marianna Deeken U. S. Department of Education EXITFFOP - Exit Counsel Rpt Fixed Width EXITCMOP - Exit Counsel Rpt Delimited EXITFMOP - Exit Counsel Rpt Formatted 20 5 For Discussion Purposes only LOAN DELINQUENCY TOOLS LOAN DELINQUENCY DATA Enhancements to assist schools with delinquency/default prevention by the federal loan servicers page to view records online Delinquency information reported by the federal loan servicers Reported 578 Web 579 DEPT OF ED/SALLIE MAE DEPT OF ED/FEDLOAN SERVICING (PHEAA) 580 DEPT OF ED/NELNET 581 DEPT OF ED/GREAT LAKES DELQ01 Delinquent Borrower Web Report Data also available in multiple formats to receive over SAIG 21 LOAN DELINQUENCY WEB TOOL LOAN DELINQUENCY REPORT TOOL Web Page Lookup Roll up at 6 digit school code Specify a single 8 digit OPEID Enter 2 digit branch code Federal Loan Servicer Specify Cohort Year or all Enter 2 digit branch code Federal Loan Servicer or all Specify Cohort Year or all Various Delinquent time frames Multiple Formats NSLDS Pre-Formatted Report NSLDS Extract Format 23 Marianna Deeken U. S. Department of Education Flexible Parameters Roll up at 6 digit school code Specify a single 8 digit OPEID 22 Message Class AHSLDSOP Standard Fixed Width or Comma Delimited Message Class AHSLDEOP 24 6 For Discussion Purposes only DELINQUENCY BORROWER REPORT SAMPLE ADDITIONAL ENHANCEMENTS Enrollment Reporting update Modification to Web requested report 26 25 ENROLLMENT REPORTING ENHANCEMENT ENHANCED LOANS PURCHASED BY ED REPORT New Certification Method labeled as “Clearinghouse Contract” Applies to ED held loans for which ED has contracted with National Student Clearinghouse to provide school certified enrollment data FFEL PLPED3 Status of Loans Purchased by ED Roll up to 6 digit School Code Specify 8 digit OPEID enter 2 digit branch Output: Extract or PDF Record layouts on IFAP Purchased Loans Direct 27 Marianna Deeken U. S. Department of Education 28 7 For Discussion Purposes only FEDERAL LOAN SERVICERS UPDATE NSLDS CONTACT INFORMATION Currently reporting to NSLDS on a regular weekly basis Reporting loan data for the following Customer Support Center: Phone: 800-999-8219 Toll: 785-838-2141 785-838-2154 Web: www.nsldsfap.ed.gov Email: [email protected] Fax: Purchased FFEL Loans Direct Loans (after July 2010) Data used within NSLDS and communicated to appropriate recipients 29 30 QUESTIONS???? 31 Marianna Deeken U. S. Department of Education 8
