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Making the most of Electronic Resources

Making the most of Electronic Resources. Balancing the variety of tools available. Scope of the session:. Information for Financial Aid Professionals (IFAP) Central Processing Service Common Origination & Disbursement (COD) Direct Loan homepage – For those interested in transitioning

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Making the most of Electronic Resources

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  1. Making the most of Electronic Resources Balancing the variety of tools available

  2. Scope of the session: • Information for Financial Aid Professionals (IFAP) • Central Processing Service • Common Origination & Disbursement (COD) • Direct Loan homepage – For those interested in transitioning • Direct Loan Servicing Site • National Student Loan Data System (NSLDS) • NASFAA, OASFAA • Finaid.org • Ohio Board of Regents, Clearinghouse

  3. IFAP • Portal of information for all Title IV Fin. Aid • Login is not necessary • Information is program-specific http://www.ifap.ed.gov/ifap/index.jsp

  4. IFAP Forms Availability Other available information: • Handbooks • Training • Conferences

  5. Central Processing Service • Login must be requested from CPS • What will you find? • Administrators needing to submit initial FAFSAs • Counselors wanting to update FAFSA data • Counselors who would like an estimated “Taxes paid” calculation for PJ • Counselors processing R2T4 https://faaaccess.ed.gov/FOTWWebApp/faa/faa.jsp

  6. Central Processing Service FAFSA INFORMATION AND UPDATING R2T4 REFUND CALCULATIONS

  7. COD – Common Origination and Disbursement • How will this be used? • Functional Users Processing: • Pell, ACG, SMART, TEACH, Direct Loans • Utilize Reporting Tools • Perform Reconciliation/Year-end Closeout • Access Real-time Loan Data https://www.cod.ed.gov/cod/LoginPage

  8. COD – Common Origination and Disbursement SCHOOL INFORMATION REPORT AVAILABILITY STUDENT AWARD INFORMATION ACCESS TO CURRENT INFORMATION

  9. COD – School Reports for DL & TEACH Reports may be requested at freqencies that conform to your school’s business practices.

  10. Direct Loan Servicing Site Areas of Interest: New DL Schools MPN’s Publications Counseling Videos Training Information Student Information

  11. Direct Loan Servicing Site • What you will find: • Student Loan Data • School Funding Data • Reports This site may be accessed through COD • http://www.ed.gov/offices/OSFAP/DirectLoan/professional.html

  12. Direct Loan Servicing Site This site may be accessed through COD Areas of Interest: Student Loans School Reports This Site will be changing next year! http://www.ed.gov/offices/OSFAP/DirectLoan/professional.html

  13. Direct Loan Servicing Site Direct Loan Reports

  14. National Student Loan Data System Systems: Transfer Monitoring Individual Borrower Data FFEL Loan Servicing: Pre ECASLA Post ECASLA

  15. National Student Loan Data System Increased ECASLA amounts trigger aggregate loan limit indicators.

  16. Association Sites • NASFAA http://www.nasfaa.org/Home.asp • OASFAA http://www.oasfaa.org/

  17. Other helpful sites • www.Finaid.org • Ohio Board of Regents http://regents.ohio.gov/ • National Clearinghouse http://www.studentclearinghouse.org

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