apollo group, inc. 1 getting the most out of nslds apollo group wasfaa presentation
TRANSCRIPT
APOLLOGROUP, INC. 1
Getting the most out of NSLDS
Apollo Apollo Group Group
WASFAA WASFAA PresentatioPresentatio
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APOLLOGROUP, INC.
Objectives
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Taking the “Mystery” out of NSLDSTaking the “Mystery” out of NSLDS
• Share Experiences, Pains, and Discoveries with NSLDS.
• Learn what is available, and what can be done with it.
APOLLOGROUP, INC.
Agenda• Transfer Monitoring• Annual Aggregate Loan Limits• NSLDS for Default Aversion
– Student Struggles– School Struggles
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APOLLOGROUP, INC.
Transfer Monitoring• What is Transfer Monitoring?
– Student checked that they had attended another institution within the year
– 7 Day Delay of Disbursements– 90 Day monitoring (Or by designation)
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APOLLOGROUP, INC.
Transfer Monitoring
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APOLLOGROUP, INC.
Transfer Monitoring
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Adding a Student Adding a Student Requires:Requires:
SSN, First Name, Last Name, Date of Birth, Enrollment Begin Date, and Monitor Begin Date
APOLLOGROUP, INC.
Annual Aggregate Loan Limits
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Enhancements:Enhancements:
•Dynamic by Graduate and Undergraduate•Dependent or Independent Icon•Award year displayed
APOLLOGROUP, INC.
Annual Aggregate Loan Limits
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Enhancements:Enhancements:
Filter by:•Aggregate Type•Exceeds Limits
New Icons:New Icons:
APOLLOGROUP, INC.
NSLDS for Default Management• What struggles are students facing?
– Loan Confusion– Student Loan Repayment
““Who are my lenders and what are my options?”Who are my lenders and what are my options?”
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APOLLOGROUP, INC.
Split Servicing
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• Meet Mary, a Bachelor’s student..
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Sallie Mae
Sallie Mae
Wells Fargo
Wells Fargo
DOE DOE DOE DOE
20072007 20082008 20092009 20102010
Sallie Mae Sallie Mae
ACS ACS
Nelnet Sallie Mae
Great Lakes Nelnet PHEAA PHEAA
ACSSold loans to DOESold loans to DOE
APOLLOGROUP, INC.
Student Loan Information
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To retrieve a lost PIN, the borrower
may go to:
www.pin.ed.govwww.pin.ed.gov
To retrieve a lost PIN, the borrower
may go to:
www.pin.ed.govwww.pin.ed.gov
APOLLOGROUP, INC.
Student Loan Information
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APOLLOGROUP, INC.
Student Loan Information
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APOLLOGROUP, INC.
What the School Sees
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APOLLOGROUP, INC.
NSLDS for Default Management• What struggles are we facing as schools?
– Estimating Default Rates– Implementing Data Driven Initiatives– Pro-Active Campaigns
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APOLLOGROUP, INC.
NSLDS for Default Management
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APOLLOGROUP, INC.
NSLDS for Default Management
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New New
Reports
Reports
APOLLOGROUP, INC.
Estimate CDR with Portfolio Report
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Calculation Tips:Calculation Tips:
Repayment Population:•Maturity Date within Cohort Year•Include where Loan Type = SF, SU, SL, D1, D2•Exclude where Loan Status = AL, CA, UA, UB, UC, UD, UI
Determining Defaults:•Maturity Date within Cohort Year•CDR Date of Default – Ed Serviced Loans•Claim Paid Date & Reason – Defaults for FFEL
Note:•Rehabs & Consolidations
APOLLOGROUP, INC.
Delinquent Borrower Report
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New New
Reports
Reports
APOLLOGROUP, INC.
Delinquent Borrower Report
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Possible Uses:Possible Uses:
•Servicer Placements•Demographic Updates•Days Delinquent driven initiatives•Cohort Aging
APOLLOGROUP, INC.
PUT Report
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APOLLOGROUP, INC.
Servicer Codes
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Organization Code Display Name
575 Conditional Disability Discharge Tracking
577 Dept of ED/ACS
578 Dept of ED/Sallie Mae
579 Dept of ED/FEDLOAN Servicing (PHEAA)
580 Dept of ED/NELNET
581 Dept of ED/Great Lakes
555 Dept of ED Collections
556 New Dept of ED/DMCS
582 New Dept of ED/Nelnet TPDTotal and Permanent Disability
583 New Direct Loan Servicing Center (ACS)
APOLLOGROUP, INC.
Push Reports
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Schedule ReportsSchedule Reports
Reporting Type:•Report or Comma DelimitedFrequency:•Daily, Weekly, Monthly, QuarterlySpecify TG Mailbox
APOLLOGROUP, INC.
Other Reports and Uses
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Pro Active Pro Active CampaignsCampaigns
Measuring Measuring CompletionsCompletions
