1 / 23

EFC Technology Conference

This presentation outlines the government's e-commerce initiatives, including eLoans, e-Authentication, and the status of E-Sign. It also includes a Q&A session.

johnnyjackson
Download Presentation

EFC Technology Conference

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. EFC Technology Conference Gov’t E-Commerce Initiatives and E-Sign Status Charlie Coleman FSA / Education May 5, 2003

  2. Today’s Outline… Gov’t E-Commerce Initiatives eLoans E-Authentication E-Sign Status Q & A’s … ???

  3. E-Gov Initiatives Original Release Date 10/25/01, Status As of 12/02

  4. E-Gov’t Act of 2002 • “…Put Legislative Teeth Into [President Bush’s] Goals…for More Internet-friendly Government Services.”– Paul Festa, CNET News • Established an OMB / Office of Information, Run by a Federal CIO • Established a CIO Council to Improve Interagency Information Sharing Around Required Standards • “We want to get to a point where e-government means government, and there’s no distinction”– Harris Miller, President, Information Technology Association of America Became Public Law 12/17/02

  5. How Might This Affect You… August, 2002

  6. eLoan Opportunities • eLoans Gateway • B2G Lender Reporting Improvements • Electronic Lender Payments to Agencies (pay.gov) • Sharing Lender / Citizen Data

  7. eLoans Gateway Lead Agency: ED, Lynda Folwick, 202-377-3514

  8. B2G Lender Reporting Improvements

  9. Electronic Lender Payments • Exploring coordination of and sharing best practices for electronic collection of lender payments to agencies. • Current Status: • Agencies use a variety of methods to collect payments from lenders (e.g., VA uses pay.gov). Possible payments considered under this best practice include guarantee fees (VA, USDA, SBA) and loan consolidation rebate fees, overpayments, etc (ED). • Interested Agencies: ED, HUD, SBA, USDA, VA • Approach: • Explore opportunities to coordinate implementation of electronic processes and systems (such as pay.gov) to automate/simplify the collection of lender payments • Lead Agency: VA, Bill White, 202-273-7372

  10. Sharing Lender / Citizen Data • Sharing citizen default data and lender performance data • Current Status: • Citizen data – HUD developed CAIVRS for the purpose of tracking and reporting borrower government credit history. All agencies use CAIVRS in some capacity in their loan programs. • Lender data – HUD’s FHA has an automated process to notify VA and USDA when a lender loses program eligibility so that other agencies can determine if similar action is warranted. • Interested Agencies: All Agencies • Approach: • Maximize effective use of CAIVRS, (i.e., reporting defaults and using CAIVRS to identify at-risk loans in an agency’s portfolio) • Enable online access to CAIVRS • Explore opportunities to automate the sharing of lender performance information across agencies. • Lead Agency: HUD, Kathy Picot, 202-708-0614 ext. 2290

  11. E-Authentication E-Authentication Objective: To allow the public to obtain electronic government services with a credential (based on OMB’s 4 assurance levels) across government agencies. Participating Agencies (14): • NASA • HHS • SSA • Treasury • GSA • DoC • DoD • DoED • USDA • HUD • DoL • VA • EPA • State

  12. Possible E-Authentication Pilot • Possible Pilot w/ Student Aid: • Test the benefits of the E-Authentication Gateway using the FSA PIN to obtain Title IV and HHS Title VII and VIII nursing and health professions loans. • Participants: • ED, HHS, GSA, SSA, OMB…and a few schools, lenders, and students • Lead Agency: ED, Neil Sattler, 202-377-3513

  13. Now…Let’s Go To… E-Sign Status

  14. E-Sign Laws / Standards GPEA – Government Paperwork Elimination Act (10/98) UETA – Uniform Electronic Transactions Act (1999) E-Sign – Electronic Signatures in Commerce (6/00) ED Loan Standards (04/01) FUTURE STANDARDS…? Non-Loan Transactions Etc.

  15. Direct Loan E-Sign Process https://lo-online.ed.gov/empn/unsecure/index.jsp

  16. DL eMPN Transaction History

  17. STAN Hits Total STAN Hits 1,417,416 As of 04/30/03

  18. Top STAN Clients • Banks • Bank of America • Student Loan Corp (Citibank) • Wells Fargo • Guaranty Agencies • AIU Online • Educaid • Great Lakes Higher Education • Kentucky Higher Education • NYS HESC • PHEAA • University Accounting Service • FSA • Direct Loan Origination • Direct Loan Consolidation EFC Member / Affiliate

  19. DL Paper vs. E-MPNs

  20. Other E-Sign Business • FAFSA • Perkins • Direct Loan eServicing • Electronic Bill Presentment and Payment (BPP) • Electronic Correspondence • Electronic Debit Account (EDA) • Deferments • Forbearances

  21. Perkins E-Note Overview: In July of 2002, FSA worked with COHEAO to provide HTML and PDF versions of the Perkins Loan promissory notes. EarlyNotes Notes %Technology AdoptersSigned E-Signed Penn State 4,991 4,059 81% ColdFusion 5.0, (Since 7/02) running on Windows 4.0 and IIS 1.1servers U of Minnesota 3,054 2,210 72% Java 1.1.8 with an (Since 8/02) Oracle back end

  22. Future…??? • STAN II • Future E-Sign Uses • eGov / E-Authentication

  23. Charlie Coleman202 377-3512charlie.coleman@ed.gov …that’s all folks!

More Related