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Session #1 Basic Direct Loan Processing in COD for FAAs Bob Berry, U.S. Department of Education Robert Vallas, U.S. Department of Education.

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Presentation on theme: "Session #1 Basic Direct Loan Processing in COD for FAAs Bob Berry, U.S. Department of Education Robert Vallas, U.S. Department of Education."— Presentation transcript:

1 Session #1 Basic Direct Loan Processing in COD for FAAs Bob Berry, U.S. Department of Education Robert Vallas, U.S. Department of Education

2 2 Agenda Person School Batch Services Resources

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 Servicers 3

4 Common Record Data Blocks Award Response Entity Information Response Person Response Common Record Disbursement Response

5 5 Direct Loan Processing Cycle

6 COD Enrollment Designate a School Security Administer – Manage school users accounts – See: http://ifap.ed.gov/eannouncements/0201 UpdatedCODWebsiteSchools.html

7 cod.ed.gov

8 Looking for More Information? 1 2 4 3 5

9 Login

10 Welcome

11 Person Search

12 Person Detail

13 Person All Awards

14 Person Direct Loan Information

15 Award Detail Information

16 Award Disbursements Information

17 Disbursement Information

18 Disbursement History Information

19 Award Promissory Notes - Linked

20 Signed Promissory Note

21 Promissory Note Search

22 Promissory Note Search by SSN

23 Promissory Note Search by Date

24 Credit Check Search

25 Credit Check Information

26 PLUS Application Search 26

27 Plus App Date Range Search 27

28 Counseling Search 28

29 Date Range Counseling Results 29

30 Person Correspondence

31 School Search

32 School Summary

33 School Options

34 Cash Activity

35 School Year Totals

36 Report Selection

37 SAS Options

38 Batch Search

39 Search Results

40 Batch Summary and Detail

41 Batch Detail

42 Subsidized and Reject Filter

43 Record Errors

44 View Response

45 View Response - continued

46 Action Queue Search

47 Action Queue for Reconciliation

48 Direct Loans Newsbox

49 30 Day Warning Report

50 MPNs Due to Expire

51 Websites Information for Financial Aid Professionals –http://ifap.ed.govhttp://ifap.ed.gov Direct Loan –http://direct.ed.govhttp://direct.ed.gov FSA Download –http://fsadownload.ed.govhttp://fsadownload.ed.gov

52 Customer Service Centers COD School Relations Center http://cod.ed.gov (800) 848-0978 School Services – Direct Loan Servicing http://www.dl.ed.gov/schools (888) 877-7658 Direct Loan Consolidation Center http://www.loanconsolidation.ed.gov (800) 557-7392

53 Loan Servicing Centers Department of Education Student Loan Servicing Center (ACS) Phone: (866) 938-4750 Website: www.ed-servicing.comwww.ed-servicing.com 53

54 Loan Servicing Centers FedLoan Servicing (PHEAA) Phone: (800) 655-3813 Website: www.myfedloan.orgwww.myfedloan.org E-mail: schoolsupport@myfedloan.orgschoolsupport@myfedloan.org 54

55 Loan Servicing Centers Great Lakes Educational Loan Services, Inc. Phone: (888) 686-6919 Website: www.mygreatlakes.org E-mail: clientservices@glhec.orgwww.mygreatlakes.orgclientservices@glhec.org 55

56 Loan Servicing Centers Nelnet Phone: (866) 463-5638 Website: www.nelnet.com E-mail: ssc@nelnet.netwww.nelnet.comssc@nelnet.net 56

57 Loan Servicing Centers Sallie Mae Phone: (888) 272-4665 Fax: (800) 828-0250 Website: www.opennet.salliemae.comwww.opennet.salliemae.com E-mail: collegeserv@salliemae.comcollegeserv@salliemae.com 57

58 58 Questions Questions? E-mail: dlenrollment_fsa@ed.gov

59 59 Contact Information We appreciate your feedback and comments. We can be reached at: Bob Berry Email:robert.berry@ed.gov Robert Vallas Email:robert.vallas@ed.gov


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