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Apollo Group WASFAA Presentation. Getting the most out of NSLDS . Objectives. Taking the “Mystery” out of NSLDS Share Experiences, Pains, and Discoveries with NSLDS. Learn what is available, and what can be done with it. Agenda. Transfer Monitoring Annual Aggregate Loan Limits
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Apollo Group WASFAA Presentation Getting the most out of NSLDS
Objectives • Taking the “Mystery” out of NSLDS • Share Experiences, Pains, and Discoveries with NSLDS. • Learn what is available, and what can be done with it.
Agenda • Transfer Monitoring • Annual Aggregate Loan Limits • NSLDS for Default Aversion • Student Struggles • School Struggles
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)
Transfer Monitoring Adding a Student Requires: SSN, First Name, Last Name, Date of Birth, Enrollment Begin Date, and Monitor Begin Date
Annual Aggregate Loan Limits • Enhancements: • Dynamic by Graduate and Undergraduate • Dependent or Independent Icon • Award year displayed
Annual Aggregate Loan Limits • Enhancements: • Filter by: • Aggregate Type • Exceeds Limits • New Icons:
NSLDS for Default Management • What struggles are students facing? • Loan Confusion • Student Loan Repayment “Who are my lenders and what are my options?”
Split Servicing • Meet Mary, a Bachelor’s student.. 2007 2008 2009 2010 Sallie Mae Sallie Mae Wells Fargo Wells Fargo DOE DOE DOE DOE ACS Sold loans to DOE Sallie Mae Sallie Mae Great Lakes Nelnet PHEAA PHEAA ACS ACS Nelnet Sallie Mae 10
Student Loan Information To retrieve a lost PIN, the borrower may go to: www.pin.ed.gov
NSLDS for Default Management • What struggles are we facing as schools? • Estimating Default Rates • Implementing Data Driven Initiatives • Pro-Active Campaigns
NSLDS for Default Management Guarantor Servicer NSLDS = CDR Estimate
NSLDS for Default Management New Reports
Estimate CDR with Portfolio Report • 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
Delinquent Borrower Report New Reports
Delinquent Borrower Report • Possible Uses: • Servicer Placements • Demographic Updates • Days Delinquent driven initiatives • Cohort Aging
Push Reports • Schedule Reports • Reporting Type: • Report or Comma Delimited • Frequency: • Daily, Weekly, Monthly, Quarterly • Specify TG Mailbox
Other Reports and Uses Pro Active Campaigns Measuring Completions
Questions Please email any questions to Misty.Myre@apollogrp.edu