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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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Session #1. Basic Direct Loan Processing in COD for FAAs Bob Berry, U.S. Department of Education Robert Vallas, U.S. Department of Education. Agenda. Person School Batch Services Resources. What is COD?. FSA’s system to collect, process, store and transmit Grant and Direct Loan data - PowerPoint PPT Presentation

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Page 1: Session #1

Session #1

Basic Direct Loan Processing in COD for FAAs

Bob Berry, U.S. Department of EducationRobert Vallas, U.S. Department of Education

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Agenda

• Person• School• Batch• Services• Resources

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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

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Common Record Data Blocks

ResponseCommon Record

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Direct Loan Processing Cycle

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COD Enrollment

• Designate a School Security Administer– Manage school users accounts– See:

http://ifap.ed.gov/eannouncements/0201UpdatedCODWebsiteSchools.html

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cod.ed.gov

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Looking for More Information?

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Login

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Welcome

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Person Search

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Person Detail

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Person All Awards

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Person Direct Loan Information

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Award Detail Information

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Award Disbursements Information

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Disbursement Information

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Disbursement History Information

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Award Promissory Notes - Linked

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Signed Promissory Note

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Promissory Note Search

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Promissory Note Search by SSN

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Promissory Note Search by Date

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Credit Check Search

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Credit Check Information

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PLUS Application Search

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Plus App Date Range Search

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Counseling Search

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Date Range Counseling Results

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Person Correspondence

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School Search

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School Summary

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School Options

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Cash Activity

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School Year Totals

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Report Selection

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SAS Options

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Batch Search

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Search Results

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Batch Summary and Detail

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Batch Detail

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Subsidized and Reject Filter

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Record Errors

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View Response

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View Response - continued

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Action Queue Search

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Action Queue for Reconciliation

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Direct Loans Newsbox

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30 Day Warning Report

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MPNs Due to Expire

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Websites

• Information for Financial Aid Professionals– http://ifap.ed.gov

• Direct Loan– http://direct.ed.gov

• FSA Download– http://fsadownload.ed.gov

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Customer Service Centers

COD School Relations Centerhttp://cod.ed.gov(800) 848-0978

School Services – Direct Loan Servicinghttp://www.dl.ed.gov/schools(888) 877-7658

Direct Loan Consolidation Centerhttp://www.loanconsolidation.ed.gov(800) 557-7392

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Loan Servicing Centers

• Department of Education Student Loan Servicing Center (ACS)

Phone: (866) 938-4750Website: www.ed-servicing.com

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Loan Servicing Centers

• FedLoan Servicing (PHEAA)

Phone: (800) 655-3813Website: www.myfedloan.orgE-mail: [email protected]

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Loan Servicing Centers

• Great Lakes Educational Loan Services, Inc.

Phone: (888) 686-6919Website: www.mygreatlakes.orgE-mail: [email protected]

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Loan Servicing Centers

• Nelnet

Phone: (866) 463-5638Website: www.nelnet.comE-mail: [email protected]

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Loan Servicing Centers

• Sallie Mae

Phone: (888) 272-4665Fax: (800) 828-0250Website: www.opennet.salliemae.comE-mail: [email protected]

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Questions

Questions?

E-mail: [email protected]

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Contact Information

We appreciate your feedback and comments. We can be reached at:

Bob Berry• Email: [email protected]

Robert Vallas• Email: [email protected]