1. Session # 17 Processing Direct Loans for Schools That Have Never Processed with COD Barbara Davis

2. Agenda What is COD? Let’s look at the website from a processing cycle perspective COD Resources 2

3. What is COD? FSA’s system to collect, process, store and transmit Grant and Direct Loan data Interacts with CPS, Schools, G5 and Direct Loan Servicing 3

4. Direct Loan Processing Systems Funding Data FAFSA SAR COD SAIG Origination & Disbursement G-5 NSLDS e-MPN Funding Request Money Loans and Disbursements Enrollment Status Electronic Entrance & Exit Counseling Repayment/ Servicing SAIG Enrollment Data SAIG ISIR CPS DLSS

5. Common Record “Data Blocks” Award Response Entity Information Response Person Response Common Record Disbursement Response

6. 6 COD.ed.gov

7. 7 Looking for More Information?

8. COD Home Page 8

9. 9 OriginateDisburseReconcile Direct Loan Processing Cycle

10. Origination What does origination mean? What does an origination ID look like? Where can I see these records in COD? What about credit checks for PLUS? And the Promissory note? 10

11. 21 characters 123456789S10G99999001 The Direct Loan Award ID Social Security Number Direct Loan School code Loan Type Sub, Unsub, Plus Award year Trailing (0910) Sequence # of loan at this school for this borrower during award year

12. Person Menu 12

13. Person Information 13

14. Direct Loan Information 14

15. Award Detail 15

16. Promissory Note 16

17. Credit Check Decision

18. 18 OriginateDisburseReconcile Direct Loan Processing Cycle

19. Disbursement Pending versus Actual Where can I see these records in COD? –Tabs – Person, Batch Tools to assist you –Reports both COD and internal –School Monitoring email 19

20. Person Menu - Disbursement 20

21. Disbursement Detail 21

22. Disbursement History 22

23. Batch Search: SSN 23 Enter SSN and choose specific award year or select all award years for complete history

24. 24

25. 25

26. View Response 26

27. 30 Day Warning Report

28. 28 School Monitoring Email

29. 29 School Monitoring:Unsubstantiated Cash

30. 30 School Monitoring: 30 day disbursement reporting

31. 31 OriginateDisburseReconcile Direct Loan Processing Cycle

32. Reconciliation What is it? Tools for Reconciliation –COD Screens –SAS –COD customer service reconciliation specialists 32

33. 33 Reconcile Know where the cash is Monthly basis –School reconciles internally, FAA and Business offices –School reconciles externally with COD End of award year close out

34. 34

35. 35

36. 36

37. School Account Statement Cash Summary Cash Detail Loan Detail Disbursement Detail All either monthly and/or YTD

38. COD Customer Service Support Direct Loan # 800-848-0978 codsupport@acs-inc.com Team of dedicated reconciliation specialists in addition to your regular CSR 38

39. More about COD? COD Computer Based Training –Available to download from IFAP Visit COD in the PC lab COD Technical Reference –Vol 1- Cod Overview –Vol 2- Implementation Guide –Vol 6 – Reports and Print Specifications (manifest) 39

40. 40 Contact Information We appreciate your feedback and comments and can be reached at: Barbara.davis@ed.gov 202.821.3953