session ga-01
DESCRIPTION
Session GA-01. Current Electronic Services Offered by Federal Student Aid for GA's and Lenders Pam Eliadis Dwight Vigna U.S. Department of Education. Financial Partner Portal. What’s New. Archive. What’s Coming. Contact Resources. Financial Management System. Data Exchange. - PowerPoint PPT PresentationTRANSCRIPT
Session GA-01
Current Electronic Services Offered by
Federal Student Aid for GA's and Lenders
Pam EliadisDwight Vigna
U.S. Department of Education
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Financial Partner Portal
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What’s New
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Archive
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What’s Coming
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Contact Resources
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Financial Management System
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Data Exchange
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Financial Partner Data Mart
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Financial Partners Data Mart
• Upon selecting the “Financial Partners Data Mart” option from the Financial Partners Portal home page, you will be directed to the Financial Partners Data Mart quick access page
• Current users can log into FP Data Mart and new users can request access to the system
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Financial Partners Data Mart
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Financial Partners Data Mart Registration• To initiate the request for access to FPDM, a
completed User ID Request Form must be signed and delivered to the FPDM System Security Officer. The SSO must have a hard copy of the request form with an original signature before the request can be approved
• Once the SSO approves it, the access request procedures become automated and the requestor will be notified by email
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Financial Partners Data Mart Registration
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FP Data Mart Login Page
• Registered FP Data Mart users can access the login page via
– www.fp.ed.gov or
– https://fp-mart.ed.gov
• User name and password are supplied during the automated registration process after security forms have been submitted
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FP Data Mart Login Page
• Users will be prompted to change their password upon first login and every 90 days
• The password must conform to Department of Ed/Federal Student Aid standard
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FP Data Mart Login Page
• The left side-bar allows for access account management in the event of:
– Forgotten Password
– Change Password
– Registration
•Only used when directed, as part of automated request procedures
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FP Datamart Login Page
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FP Data Mart Welcome Page
• Upon successful login, the Welcome page will appear and list all Microstrategy projects
• FPDM users will only have access to the Financial Partners project
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FP Data Mart Welcome Page
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Navigating FPDM Folders
• To access public reports, double click on the Shared Reports folder. A list of public folders will appear
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Navigating FPDM Folders
• Double click the desired to folder to view reports
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Running a FPDM Report
1. Double click a report
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Running a FPDM Report
2. Answer the prompts
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Running a FPDM Report
3. Report will display
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Logging out of FPDM
• Select “logout” and close the web browser
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National Student Loan Data System
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NSLDS Logon
www.nsldsfap.ed.gov
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NSLDS Logon
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NSLDS Logon
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NSLDS Logon
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Password Change
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System Requirements
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Download Help
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NSLDS Main Menu
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Aid Tab Menu
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Loan Summary
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Loan Detail
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Overpayment Display
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Enrollment Summary
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Org Tab Menu
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Update Information
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Cohort Default Rate
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School Profile
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Report Tab – Lender
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Report Tab – GA
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Contact Information
We appreciate your feedback and comments. We can be reached at:
• Phone: 202-377-3554• Email:[email protected]
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Default Management and Collection System
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Default Management and Collections System (DMCS)
• Mandatory Assignment
• Judgment Processing
• TOP – Treasury Offset Program
• IRS Skip Trace Processing
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Mandatory Assignment
• Moratorium for 2008 through June 2009
• New regulations and operational processes for e-signed promissory note assignment
– Requires front and back of the note
– Requires the lender ID for the originator that activated the note
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Mandatory Assignment
–Requires disbursement data for loans with MPN’s and e-signed notes assigned on or after 7/1/2008
–Requires lender disbursement data for claims paid on or after 7/1/2008
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Judgment Processing
• ECMC has a schedule for accepting judgments from each GA
• FY2009 will be the last year to adjust ending inventory balances
• Once judgments are with ECMC, no new judgments will be taken until FSA has a new system to accept them
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TOP• FSA Offsets (7/31/08) - $735,380,535
• GA Offsets (6/30/08) - $561,013,487
– We are 150% over fiscal year 2007!!
• Every TOP eligible borrower must have been sent a new notice to be certified
• Inactivation files are processed by the end of November
• Activation files are done by mid December
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IRS Skip Trace Processing• No signed agreements with IRS but you
must submit to FSA a Safeguard Procedures Report to participate
• Must submit annual Safeguard Activity report and Safeguard Certification
• FSA reviews the reports
• Sweep the SAIG mail boxes only once per month/week
• Return data within 3 business days
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Total and Permanent Disability - CDDTS
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Total and Permanent Disability• System name is CDDTS – Conditional
Disability Discharge Tracking System
• Assignments are in the same format as defaulted loan assignments
• Be on the lookout for a new discharge application
– The new format should improve the quality of information we receive
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Contact Information
We appreciate your feedback and comments. We can be reached at:
• Phone: 202-377-3436• Email:[email protected]