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NSLDS Updates: Overpayment, Fraud Reporting, PLUS Graduate/Professional Loans, New Grants, Loan Limits, ISIR Changes

Stay informed about the latest updates in the NSLDS system, including new overpayment types, fraud reporting, PLUS Graduate/Professional Loan program, new grant types, changes to annual loan limits, and ISIR changes for 2007-2008.

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NSLDS Updates: Overpayment, Fraud Reporting, PLUS Graduate/Professional Loans, New Grants, Loan Limits, ISIR Changes

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  1. Session 15 NSLDS Update Ron Bennett & Andrea Wise

  2. HERA Related Updates • New Overpayment types • Fraud reporting • PLUS Graduate/Professional Loan program • Two New Grant types • Changes to Annual Loan limits • Updates to Postscreening reason codes

  3. Additional NSLDS updates • ISIR changes for 2007-2008 • Transfer Student Monitoring/FAH processes and batch file layouts • Security enhancements • Additional Web enhancement • Changes on the horizon

  4. Overpayment changes • NSLDS added two new Overpayment types • Academic Competitiveness Grant (ACG) • National Smart Grant (Smart) • NSLDSFAP Web Site changes • Web page renamed: Overpayment List • New Web page: Overpayment History • Storing history to track lifecycle of each overpayment

  5. Overpayments- Web site enhancements

  6. Overpayments- Web site enhancements

  7. Fraud related changes • Utilize Overpayment Add/Update Web pages • By Type • New Indicator (Fraud) • Web: Icon to highlight Fraud • ISIR: NSLDS Overpayment Flag = F New

  8. Fraud related changes • Fraud reported by loan data providers • Loan status code driven • FR – Fraud • FFEL: Lender held • Direct Loans: Direct Loans Servicer held • Perkins: School reported • DCS: CSB Collections held • FD – Fraud Guaranty Agency held

  9. Fraud related changes • Community Awareness • Web: Icon to highlight Fraud • ISIR: NSLDS Loan Type Code = F • Postscreening process

  10. PLUS Graduate/Professional • FFEL PLUS Graduate/Professional • Direct PLUS Graduate/Professional • Student added to Enrollment Roster for both loan types

  11. PLUS Graduate/Professional • Aggregate Calculation impacts • GB/D3 loan types excluded in Aggregate Totals • 2006-2007 reporting of PLUS Grad/Prof loans • GB FFEL PLUS Graduate/Professional • Web site displays “GB” • Output to schools • “PL” FFEL PLUS loan type • Grade levels A, B, C, D or G • D3 Direct PLUS Graduate/Professional • Web site displays “D3” • Output to schools • “D4” Direct PLUS loan type • Grade levels A, B, C, D or G

  12. PLUS Graduate/Professional • Aggregate Calculation impact (con’t) • Dynamically display Aggregate Loan Information row combined with PLUS OPB

  13. PLUS Graduate/Professional • Aggregate Calculation impact (con’t) • 2007-2008 Web display and output to schools as “GB” and “D3” • Web/output for D3 Master Promissory Note (MPN) • Dynamically displays its own row New

  14. New Grant types • Academic Competitiveness Grant (ACG) • National SMART Grant (Smart) • Daily Data Provider: COD • Inaugural load on Dec. 17, 2006 • Viewable in NSLDS as of Monday Dec. 18, 2006

  15. New Grant types • Web changes • References to Pell Grant will be re-labeled as “Grants” • All Grants located on same Web Page • Pell, ACG and SMART • Data Elements displayed for each Grant type • Student added to Enrollment Roster New New

  16. Grant Page • Reviewing a Grant Alert New New

  17. NSLDS Grants Web page data elements New

  18. New Grant types • 2006-2007 ISIRS will not contain new grants • Output to include new Grants types • 2007-2008 ISIRS • TSM/FAH processes: • Included on record layouts/reports after Jan. 1, 2007 • School requested Web Reports • FAT001 - Request for financial aid history • OVP001 - School overpayment report New

  19. Annual Loan Limits changes • NSLDS to increase annual loan limits (Award Year 2007-2008) • Subsidized Stafford • Academic Level 1 increases to $3,500 • Academic Level 2 increases to $4,500 • Unsubsidized Stafford • Academic Levels A, B, C, D and G increases to $12,000

  20. Postscreening changes • 3 New Postscreening reason codes for 2007-2008 • “16” Changes to Direct PLUS Graduate/Professional MPN • “17” Borrower into Fraud • “18” Borrower out of Fraud

  21. ISIR changes for 2007-2008 • ACG Grants • Overpayment: flags and contacts • Ten data elements on ISIR • Record layout: EDE Technical Reference • Maximum of 3 Grants sent to CPS

  22. ISIR changes for 2007-2008 • SMART Grants • Overpayment: flags and contacts • Nine data elements on ISIR • Record layout: EDE Technical Reference • Maximum of 3 Grants sent to CPS

  23. ISIR changes for 2007-2008 • Applicant main record • Addition of Direct PLUS Graduate/Professional MPN • EDE Technical Reference has layout • Loan record • Based on sort order grouping, maximum of 6 loans sent to CPS • New sort group # 1 for ‘deceased’ loan status codes • DD – Defaulted then Died • DE – Death • Sort group # 2 additional loan status codes: • FR and FD (Fraud) • Reference Material: 2007-2008 ISIR Guide

  24. TSM/FAH processes and batch file layouts • Transfer Student Monitoring/Financial Aid History Processes and Batch File Layouts, dated Oct. 14, 2005 • Record Layouts current until Dec. 31, 2006 • New TSM/FAH Batch File Layouts now available on IFAP • Document date: Oct. 24, 2006 • Becomes effective Jan. 1, 2007 • Includes HERA changes

  25. TSM/FAH batch file layouts- considerations • Request file • No change to the incoming 150 byte file layout • Processed/Outbound file • TSM Alert/FAH Detail record type 1- Aggregate & Flags data • Addition of PLUS Graduate/Professional MPN flag • Addition of PLUS Graduate/Professional OPB and Total amounts • New attributes added in the existing filler at the end of the record layout to minimize changes

  26. TSM/FAH processes and batch file layouts • Processed/Outbound file (con’t) • TSM Alert/FAH Detail record type 3- Overpayments • Expand descriptions and valid values • TSM Alert/FAH Detail record type 4- Grants • Expand descriptions and valid values for new Grant types • New attributes added in the existing filler at the end of the record layout to minimize changes

  27. TSM/FAH processes and batch file layouts • Report/label changes on Page 1 • Overpayments and Flags section • Aggregate Amounts for PLUS Graduate/Professional • OPB and Total Amounts • Grant data elements for ACG and SMART

  28. TSM/FAH Report Layout

  29. Transfer Student Monitoring Alerts • Alert triggers for new ACG and SMART Grants • Changes made by another school in: • Award Amount • Amount paid to date or • Latest disbursement date changed • Alerts generated for Informing/New school

  30. Transfer Student Monitoring Alerts • Considerations/timing when Informing NSLDS • Review NSLDS Website for ACG/SMART Grants mid-December until Jan. 1, 2007 • Look for ACG/SMART Grant Alerts the 1st week of January 2007 for 2006-2007 Award Year Grant data

  31. Security enhancements • Completely Automated Public Turing Test to Tell Computers and Humans Apart (CAPTCHA) tool • Implemented Mid-August • DCL GEN-05-06 • Automatic ID Deactivation process

  32. Security enhancements- con’t • TSM School Profile setup- verify SAIG TG Mailbox

  33. Additional Web enhancement • Servicer Code displayed on Loan History

  34. Org Contact

  35. Changes on the horizon • New and improved Guaranty Agency Data Provider Schedule New

  36. Changes on the horizon • Online NSLDS Access to foreign schools • Available in 2007 • View student financial aid history information • Enrollment Reporting capabilities • Transfer Student Monitoring • eCDR • Reports New

  37. NSLDS Customer Service We appreciate your feedback and comments. We can be reached at: • Phone: 1-800-999-8219 • Fax: 785-838-2154 • Email: nslds@pearson.com • Web site: www.nsldsfap.ed.gov

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