Common Origination Disbursement

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					                                                                        5/15/2012




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               COMMON ORIGINATION
                       &
                 DISBURSEMENT

                                             Award Year 2012-2013


                         MASFAA: May 23 – 25, 2012
May 25, 2012                                                        2
                                Oxford, MS




                    WOOD MASON
                  U.S. DEPARTMENT OF EDUCATION
                        FEDERAL STUDENT AID
               FEDERAL LOAN SCHOOL SUPPORT TEAM
                           770.383.9662
                       WOOD.MASON@ED.GOV




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                                                                               1
                                                                          5/15/2012




AGENDA

 •   Late changes for Award Year 2011-2012
      –   Adverse credit determination
      –   Special Loan Consolidation Program
      –   Two Factor Authentication
 •   COD for AY 2012-2013
      –   What’s here & what’s coming…
 •   Resources


                                                                      4




ADVERSE CREDIT DETERMINATION

 •   Modified as of October, 2011
 •   Charge-off and collection accounts will result
     in status of “Declined” on credit check for
     PLUS awards
      –   Within 5 years of the credit report date
                              AND

      –   Unpaid balance > $0



                                                                      5




ADVERSE CREDIT DETERMINATION
 •   Cannot increase 001 PLUS Loan if in receipt
     of a subsequent adverse credit decision
 •   Parent or Graduate/Professional Student
     must successfully appeal or secure an
     endorser
      •   If the 001 PLUS Loan is NOT fully disbursed you
          can…
           •   Fully disburse the 001 PLUS Loan
                                  or
           •   Reduce remaining 001 disbursements to $0 and
               offer dependent child unsubsidized funds up to their
               eligibility for grade level and COA

                                                                      6




                                                                                 2
                                                                   5/15/2012




ADVERSE CREDIT DETERMINATION
 •   If the 001 PLUS Loan has been fully
     disbursed at the time of the request and
     subsequent credit denial you can
      •   Offer the dependent student unsubsidized funds
          up to their eligibility appropriate to their grade
          level and COA
      •   You must reflect the disbursed 001 PLUS Loan
          as estimated financial assistance



                                                               7




SPECIAL DIRECT CONSOLIDATION LOAN
 •   NOT a program
 •   An opportunity for borrowers…
      •   Window of “opportunity” closes June 30, 2012
      •   With a loan(s) in repayment, deferment, or
          forbearance
      •   Who have an ED-held loan(s) (Direct Loan or ED-
          held FFELP Loan) that are not delinquent
      •   Who also have a commercially-held FFELP Loan
      •   Are facing payment to multiple loan holders

                                                               8




SPECIAL DIRECT CONSOLIDATION LOAN

 •   Benefits include
      •   Single servicer
      •   One bill and one payment
 •   Interest rate of underlying loan(s) reduced
     0.25% and fixed for life of loan
      •   Additional 0.25% reduction for EFT
 •   Loans eligible for Public Service Loan
     Forgiveness Program

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SPECIAL DIRECT CONSOLIDATION LOAN
 •   NOT the standard loan consolidation
     program
      •   Borrowers should NOT apply at
          loanconsolidation.ed.gov
 •   Servicers will notify eligible borrowers
 •   Borrowers should direct questions to
      •   www.studentaid.gov/specialconsolidation
      •   FSAIC at 800.4FEDAID


                                                            10




TWO FACTOR AUTHENTICATION
 •   Two Factor Authentication, or TFA, is a new
     security process through which all authorized
     users will be required to enter two forms of
     “authentication” to access Federal Student
     Aid systems
      •   The first factor is known to the user - his or her
          UserID and Password
      •   The second factor is one that an individual has –
          a One-Time Password generated by an FSA
          provided “token”


                                                            11




TWO FACTOR AUTHENTICATION
 •   ALL COD users will be eventually be required
     to employ TFA
      •   Tokens will be provided to each COD user via
          month-by-month distribution
           •   Being sent now via UPS
           •   You’ll receive notification of shipment
      •   Prior to use, tokens will need to be registered via
          a link on the COD web site
      •   Contact TFA_communications@ed.gov


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                                           5/15/2012




TWO FACTOR AUTHENTICATION




                                      13




TWO FACTOR AUTHENTICATION




                                      14




COD RELEASE 11.0


COD New Award Year Setup (NAYS)




               Award Year 2012-2013

                                      15




                                                  5
                                                                           5/15/2012




COD RELEASE 11.0

 •   Implementation March 9-10, 2012
      •   Schema 3.0e
           •   System generated files returned with message class
               award year designator “13”
           •   Common Record response files returned in schema
               of submission
      •   Award year designator changed to “13” where
          appropriate elsewhere
           •   MPN ID
           •   Loan ID
      •   Funding method remains Advance Cash

                                                                      16




COD RELEASE 11.0

 •   Current Funding Level (CFL)
      •   Initial CFL generated late March
           •   For schools that had Summer term AY 2011-2012
               activity
      •   Second CFL generated ~ June
           •   ~ 60% of 2011-2012 activity
      •   Third and last CFL generated ~ November
           •   Remaining ~40% of 2011-2012 activity
      •   Schools with no 2011-2012 activity or new to
          program receive $0 CFL
           •   Contact your COD CSR or your FLSST Point of Contact
               for assistance
                                                                      17




COD RELEASE 11.0
 •   Allow maintenance on, or change to, a
     Pended/Declined PLUS loan
      •   Web or batch
      •   Update award, person and disbursement fields
      •   Change of personal identifiers triggers a credit check
           •   Credit Check will use the borrower person identifier
               change field values (SSN, DOB, Last Name)
           •   New credit check/decision if none found on COD under
               new identifiers and 90 days old or less




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COD RELEASE 11.0
 •   Addition of Enrollment School Code
     •   Included in new schema 3.0e
     •   8-digit OPE ID to identify the physical location of
         the student
     •   Enrollment reporting, delinquency monitoring,
         and Gainful Employment information
     •   Disbursement level reporting
               •   Batch or web submission
               •   Returned in the Common Record Response
               •   Common Record will reject if missing

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COD RELEASE 11.0

 •   New MPN <MPNStatusCode> “E”
     •   Included in new Schema 3.0e
     •   PLUS award linked to MPN and an Endorser
          •   Single Loan MPN
     •   Returned in COD Common Record response
     •   Award Year 2012-2013 and forward
          •   “I” returned for Award Years 2011-2012 and prior



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NEW LEGISLATION


 The Budget Control Act of 2011
               and
 The Consolidated Appropriations
 Act of 2012

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NEW LEGISLATION
•       Budget Control Act of 2011
        •       Dear Colleague Letter GEN 11-16 dated August
                31, 2011
        •       The Budget Control Act of 2011 was signed into
                law on August 2, 2011
                    •       Termination of Direct loan Repayment Incentives, i.e.,
                            upfront interest rebate, for loans with an Earliest
                            Disbursement Date (EDD) on or after July 1, 2012
                    •       Loss of eligibility for Subsidized loans for Graduate
                            and Professional students (Grade Level 6 & 7) on
                            loans with a loan period starting on or after July 1,
                            2012


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NEW LEGISLATION
    •   Consolidated Appropriations Act of 2012
            •       Dear Colleague Letter GEN 12-01 dated January
                    18, 2012
            •       The Consolidated Appropriations Act of 2012 was
                    signed into law on December 23, 2011
                        •       Reduction of duration of Pell Grant eligibility from 18
                                semesters (900%) to 12 semesters (600%)
                        •       Eliminates Federal student aid eligibility for ATB
                                students
                        •       Temporarily eliminates subsidy on Stafford Subsidized
                                loans during grace period
                                •   Loans first disbursed on or after July 1, 2012 and prior to July
                                    1, 2014


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COD ENHANCED FUNCTIONALITY

    •    April 15, 2012
                •   Addresses the elimination of Direct Loan upfront
                    interest rebate
                •   Origination fees remain unchanged
                            •   PLUS 4%
                            •   Subsidized & Unsubsidized 1%
                •   Does NOT address the elimination for
                    Graduate/Professional Student Subsidized
                    Loans
                            •   COD will identify any submitted and invalid
                                Graduate/Professional Student Subsidized Loan and
                                notify the school

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COD ENHANCED FUNCTIONALITY
 •   COD will validate the upfront interest rebate
     percentage and amount vs. EDD on
     Subsidized & Unsubsidized loans
      •   EDD on or before June 30, 2012
           •   Upfront interest rebate percentage .5%
      •   EDD on or after July 1, 2012
           •   Upfront interest rebate percentage 0%
           •   Upfront interest rebate amount 0%
           •   MUST submit both tags and both MUST be populated
               with 0



                                                                         25




COD ENHANCED FUNCTIONALITY

 •   COD will accept upfront interest rebate
     values of 1.5% OR .0% on Parent and
     Graduate/Professional Student loans
      •   EDD on or before June 30, 2012
           •   Upfront interest rebate percentage should be 1.5%
      •   EDD on or after July 1, 2012
           •   Upfront interest rebate percentage should be 0%
           •   Upfront interest rebate amount should be 0%
           •   MUST submit both tags and both MUST be populated
               with 0



                                                                         26




COD ENHANCED FUNCTIONALITY
 •   COD will begin to generate an “Interest
     Rebate Percentage” Report
      •   Identifies PLUS Loan originations with an
          incorrect upfront interest rebate percentage
           •   EDD on or before June 30, 2012
                •   Upfront Interest Rebate percentage NOT 1.5%
           •   EDD on or after July 1, 2012
                •   Upfront Interest Rebate percentage NOT 0% and amount $0
      •   Generated weekly on Saturday
      •   Available in School NewsBox
           •   CSV format


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                                                                           5/15/2012




COD ENHANCED FUNCTIONALITY
 •   COD will initiate a weekly report identifying
     students who have received Pell Grant
     funding in excess of 450%
      •   Disbursements for AY 2011-2012 and AY 2012-
          2013 included
      •   Available in School NewsBox in CSV format
           •   Only schools with Federal School Code on FAFSA
           •   Sent to all schools identified on the applicant's
               highest Pell eligible CPS transaction for Award Year
               2012-2013
      •   Cumulative report
           •   Students could drop off if submissions to COD
               change their LEU
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COD ENHANCED FUNCTIONALITY
 •   Until NSLDS and CPS enhanced functionality
     later this Summer, this report is the ONLY
     means of identifying students nearing their
     Pell Grant LEU
 •   The report will be generated until Pell Grant
     LEU functionality implemented in COD in July,
     2012
 •   COD will be the system of record for Pell
     Grant LEU


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PELL LEU SCHOOL REPORT




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                                                                                 10
                                                                5/15/2012




COD ENHANCED FUNCTIONALITY
 •   COD will begin to send email notification to
     students with Pell Grant LEU greater than
     500%
 •   Two separate emails to notify students they
     are approaching, or have exceeded, 600%
     Pell Grant LEU
         •   LEU > than 500% but < than 600%
         •   LEU > than 600%
         •   Students with highest CPS transaction Pell
             eligible
               •   email address on that CPS transaction

                                                           31




COD RELEASE 11.1


     Implementation July 6-7, 2012




                                                           32




COD RELEASE 11.1
 •   Adds functionality to address loss of eligibility
     for Subsidized loans for Graduate and
     Professional students
     •       Grade Levels 6 & 7
 •   Adds editing functionality to address Pell
     Grant duration of eligibility from 18
     semesters (900%) to 12 semesters (600%)
 •    Adds “Financial Awareness Counseling Tool”
     to StudentLoans.gov website
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                                                                      11
                                                                          5/15/2012




COD RELEASE 11.1

 •   Loss of eligibility for Subsidized loans for
     Graduate and Professional students
     •   Loans with loan period beginning on or after July
         1, 2012
     •   Loans with loan period beginning PRIOR to July 1,
         2012 not affected
     •   Annual and aggregate loan limits for Grad and
         Professional students remain the same
          •   $20,500 Unsubsidized Loan


                                                                     34




COD RELEASE 11.1
 •   Functionality for reduction of Pell Grant
     duration of LEU from 900% to 600%
     •   COD returns a warning edit when a student’s LEU
         is near or exceeds 600%
          •   COD will return LEU in the Common Record Response
          •   COD web site display of historical Pell Grant data for a
              student to determine how the LEU was calculated
          •   Additional changes to CPS and NSLDS
               •   Electronic Announcement February 17, 2012
     •   Cessation of weekly report

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COD RELEASE 11.1
 •   Adding functionality for requesting to re-open
     a closed Direct Loan Award Year via online
     COD web
     •   Easier to re-open an Award Year after your
         Program Year Closeout
     •   No longer need to call your COD CSR of COD
         Reconciliation Specialist
          •   Response will identify the “open window” dates



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                 Reconciliation
                      &
             Program Year Closeout




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Reconciliation

•   Direct Loan Reconciliation…
    •The  monthly required process by which the
    Direct Loan Ending Cash Balance as recorded
    on the Department of Education system is
    reviewed and compared with the school’s
    internal records on a MONTHLY basis
    • The school must identify and resolve any and
    all discrepancies
    • Document the reason(s) for their ending cash
    balance

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Reconciliation
Financial Aid                                                           Business
Office                                                                   Office



                            Reconcile Internally


       Reconcile with COD                          Reconcile with COD




                                   COD
                                                                   G5
                                                                        (Resource)
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                                                            5/15/2012




Reconciliation

•Internal       reconciliation
    • Business Office records of funds requested,
    received, disbursed, and returned are
    compared to Financial Aid Office records of
    funds awarded
    • Actual date of disbursement MUST match
•External       reconciliation
    •Comparison of reconciled internal records to
    ED’s data
      • loans originated and disbursed

                                                       40




Reconciliation

•   Daily routine
    •Consider  managing timing issues to finish what
    is started within the month
    •Use Available resources
         • Help Desk(s)
         • Reports
         • Training
    •   Communicate
         • ALL responsible staff and offices
         •   COD Customer Service Representative
         •   COD Reconciliation Team

                                                       41




Reconciliation

•   Around the 25th of the month…
    • Identify data NOT in an accepted status
    •  Resolve rejected data and submit to COD
    • Review the Action Queue to identify pending
    disbursements that should be actual
    disbursements
    • Export/transmit all batches
    • Import all acknowledgements/responses
    • Reconcile internally




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                                                                  14
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Cash Discrepancies
• Cash transactions in wrong year or split
between years
• Funds sent a payment that should have
been refunds of cash (or reverse)
• Funds recycled for disbursement in a
different award year
• Funds from a different program
• Timing (allow 5-7 days for refunds to move
between G5 and COD)

                                                   43




Disbursement Discrepancies
    •   Some disbursement “discrepancies”
        • Unsent/unacknowledged batches
        • Data entered via COD website & not via
        school system
        • Disbursements recorded in Business
        Office but not Financial Aid system
        • Unbooked disbursements
        • Rejected disbursement data




                                                   44




COD WEB SCREEN




                                                   45




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                                               5/15/2012




   COD WEB SCREEN




                                          46




   COD WEB SCREEN
• Contains
  similar data
  to SAS Cash
  Summary

• Updated
  daily

• Monitor
  cash
  balances



                                          47




   COD WEB SCREEN
• Lists
  drawdowns &
  refunds of cash
  by program/
  year

• Updated daily

• Monitor cash
  detail and on-
  time reporting


                    Days Left for On-time
                    Reporting             48




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        Program Year Closeout
•       Final reconciliation for the award year
                 •   $0 Ending Cash Balance
                       •   D/L funds received = D/L funds disbursed
                 •   $0 unbooked disbursements
                 •   COD data matches school D/L data and
                     business office transactions

                             COD
                                    •NAPD

                              G5
                                    •Net Drawdowns

                                                                      49




        Program Year Closeout
        •   Closeout Deadline is the last processing
            day in July of the year following the end of
            that award year pair
             •       Closeout Deadline for the Program Year
                     Closeout for award year 2010-2011 is July 31,
                     2012




                                                                      50




        Program Year Closeout
    • Your financial aid office data matches your
    business office transactions and that matches
    COD data
    • When completed, COD expects no additional
    data from your school and will not generate and
    transmit any additional reports
        •   You receive a Program Year Closeout Letter
    • The award year can be re-opened if necessary
    • Electronic Announcement dated February 16,
    2012

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            Program Year Closeout

• Close out the award year as soon as you’ve
finished processing for that award year
        •   Don’t wait for the deadline date!
•After you’ve made your last disbursements they
have to be in to COD within 30 days anyway, so…
        •   Don’t wait for the deadline date!
•       COD Recon specialists can help but…
        •   Don’t wait for the deadline date!



                                                                                    52




            Program Year Closeout
•30 days after your last award year end date
COD will send your school
    •       A “Remaining Balance Letter” if your ECB is not $0
             •   Positive or negative ECB
             •   Sent monthly until your ECB settles at $0 at which time
                 COD will send your school
    •       A “$0 Balance Letter”
             •   At this point in time the “Balance Confirmation Screen”
                 becomes “active” on the COD website
                  •   If you’ve completed processing for that award year and you agree
                      with the $0 ECB and $0 total net unbooked disbursements you can
                      electronically complete the screen and closeout



                                                                                    53




            Program Year Closeout




                                                                                    54




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        Program Year Closeout
•       What happens next?
    •   COD generates a Program Year Closeout letter and
        reduces your CFL to your net drawdowns/payments
    •   Benefits your school…
            •   With Program Year Closeout confirmation
            •   Reduction of CFL prevents drawing funds for a closed year
            •   Award year specific data is prevented from processing in
                COD




                                                                            55




        Program Year Closeout
• If you identify additional disbursement of
adjustment data that needs to be reported AFTER
closing out you should request to re-open the
award year
• If your balance changes as a result of a refund
or adjustment in G5 you will…
    •   Receive a “Change In $0 Balance Letter”
    •   Receive an updated SAS at that month’s end
    •   You must request to have the award year re-opened



                                                                            56




FINANCIAL AWARENESS COUNSELING TOOL
        •   Financial Awareness Counseling Tool
                •   Delivered via StudentLoans.gov
        •   Implementation with COD Release 11.1
                •   July 6-7, 2012
        •   Voluntary – NOT MANDATORY
                •   Can’t deny disbursement
        •   One type of counseling for both
            Undergraduate and Graduate awards
        •   Intent is to educate borrowers about their
            current indebtedness and management of
            their student loans
                                                                            57




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FINANCIAL AWARENESS COUNSELING TOOL
 •   Login to display real time data from NSLDS
     •   Can go through without login
          •   No personal data pulled from NSLDS
          •   No results sent to school(s)
 •   Basic money management
     •   Encouragement to borrow only what is necessary
 •   In school and post graduate budget
     awareness

                                                      58




FINANCIAL AWARENESS COUNSELING TOOL
 •    Repayment calculator
     •   Repayment plan side-by-side comparison
     •   CANNOT select repayment plan via in school
         counseling
 •    Intent is to educate borrowers about their
     current indebtedness and manage their
     student loans
 •    Access to financial literacy tool and financial
     aid process overview

                                                      59




FINANCIAL AWARENESS COUNSELING TOOL
 •   Domestic and foreign schools receive
     acknowledgments of completion
          •   Default is opted in
          •   SAIG mailbox
          •   COD Newsbox
          •   COD search function for results
 •   If school opts out of notification student can
     still complete process

                                                      60




                                                                 20
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    FINANCIAL AWARENESS COUNSELING

  Understand                 Manage                                                                    Make
                                                    Plan to                   Avoid
                               Your                                                                 Finances a
  Your Loans                                        Repay                    Default
                             Spending                                                                 Priority




Your Student Loans     Manage Your         Estimate What You        Avoiding Default          Plan for the Future
Loan Basics             Spending while in    will Owe, Spend &        Postpone or Lower         Your Income &
Free Money First        School               Earn                      Your Payments              Taxes
Types of Student       Live Within Your     • Monthly Expenses       Forgive or Cancel         Your Credit &
 Loans                   Means                • Monthly Income          Your Debts                 Identity
                        Borrow Smart        Understand               Delinquency &             Credit Cards &
                                              Repayment                 Default                    Other Borrowing




                                                                                                                         61




 MODULE 1: UNDERSTAND YOUR LOANS
           The Student Will
            Understand…
                                              Jane Doe,
       Their outstanding debt and
               loan details


        That they must repay the
        money they have received
              with interest


        Common loan terms and
             concepts


         Ways to maximize their
        aid/minimize their loans
                                                         Example “Check Your Knowledge” Questions:
                                                                   What do you have to repay?
        The differences between                       A) Principal B) Interest C) Both principal and interest
        federal and private loans                      Which sources of federal student aid do you repay?
                                                  A) Grants B)Work Study C) Student Loans D) All of the above


                                                                                                                          62




 MODULE 2: MANAGE YOUR SPENDING
                                                                               Students will be able to input their
          The Student Will                                                     own expense information and the
           Understand…                                                          graphs will dynamically update.

        The difference between
         educational and other
               expenses


     How to identify all sources of
               funding


      Budgeting basics and factors
     they can control to make their
              budget work


     The benefits of reducing debt
     and avoiding additional debt


         The benefits of paying
      interest while in school and
         reducing interest costs                          Example “Check Your Knowledge” Question:
                                             Making a budget can help you decide how much money you really need to
                                                                            borrow.
                                                                          A) Yes B) No
                                                                                                                          63




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                                                                                                                          5/15/2012




MODULE 3: PLAN TO REPAY
                                                                          Different tabs allow students to explore
     The Student Will                                                       the relationship between their loan
      Understand…                                                          payments, anticipated expenses and
                                                                                 projected monthly income.
 How to compare repayment
  plans and estimate their
     repayment amount

     Their post-graduation
      expenses and when
       repayment begins

 How their projected monthly
  income compares to their
       loan expenses

   Who their servicer is, what
 they do, how to contact them,
     and how to change a
        repayment plan
                                                   Example “Check Your Knowledge” Questions:
  That their repayment term      When do you have to start making payments on your subsidized and unsubsidized
 can impact the total amount                                      student loans?
        of interest paid
                                    A) 6 months after you leave school or drop below half-time enrollment B) 12
                                       months after you leave school or drop below half-time enrollment C) Never
                                           Who do you contact to select or change your repayment plan?
                                  A) Your Loan Servicer B) Your School’s Financial Aid Office C) the Department of
                                                                       Education                                     64




 MODULE 4: AVOID DEFAULT
     The Student Will
      Understand…

 Delinquency, default and the
    related consequences


 How to reduce the likelihood
          of default


    Who to contact about
  different payment options


 Deferment and forbearance
         options
                                                   Example “Check Your Knowledge” Questions:
                                    How soon after you miss a payment does your loan become delinquent?
                                                  A) Immediately B) 30 days C) 90 days D) Never
    Loan cancellation and
      forgiveness terms           Even if you are delinquent on your loans, there are steps you can take to avoid
                                                                      default.
                                                                  A) True B) False


                                                                                                                     65




MODULE 5: FINANCES - A PRIORITY
     The Student Will
      Understand…

  Financial planning, saving,
     and spending wisely



 Tax and its impact on income



  Educational tax benefits for
    parents and students


   Credit scores and credit
            basics
                                                  Example “Check Your Knowledge” Questions:
                                  You should save enough in your emergency fund to cover _______ of expenses.
 How to prevent identity theft                    A) 3 -6 months B) 5 years C) 1 year D) none
                                    Missing payments or being late on payments can result in fees and higher
                                                                   interest rates.
                                                                A) True B) False

                                                                                                                     66




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                                                                           5/15/2012




RESOURCES
•   COD Customer Service
        •       Ad Hoc reports via request
        •       Primary Customer Service Representative
        •       800.848.0978 (D/L)
        •       800.474.7268 (Pell)
        •       codsupport@acs-inc.com
•   The COD Reconciliation Team
        •       Monthly reconciliation/Program Year Closeout
        •       G5
                                                                      67




RESOURCES
    •   COD web screens and reports
            •   cod.ed.gov
    •   Weekly monitoring e-mail to Financial Aid
        Administrator




                                                                      68




RESOURCES
            •   Loan Servicing Centers for students
                  •   http://ifap.ed.gov/ifap/helpContactInformatio
                      nDetailedList.jsp?lsc=2
                  •   Cornerstone (NFP)
                  •   Direct Loan Servicing Center (ACS)
                  •   Department of Education Student Loan
                      Servicing Center (ACS)
                  •   ESA/EDFinancial (NFP)
                  •   FedLoan Servicing (PHEAA)

                                                                  69




                                                                                 23
                                                                 5/15/2012




RESOURCES
     •   Loan Servicing Centers for students
          •   Great Lakes Educational Loan Services, Onc.
          •   Mohela (NFP)
          •   NelNet
          •   SallieMae




                                                            70




RESOURCES
 •   Federal Loan School Support Team
     •   Assigned Point of Contact for your school
     •   Dlops@ed.gov
     •   Electronic Announcement dated July 14, 2011
         with all the details




                                                            71




RESOURCES
 •   Blue Book
 •   FSA Student Aid Handbook
     •   Volumes 3 & 4
 •   Direct Loan School Guide
 •   34 CFR
     •   Part 668 Subpart K – Cash Management
     •   Part 685 – William D. Ford Direct Loan Program



                                                            72




                                                                       24
                                                                    5/15/2012




  RESOURCES
       •   COD Technical Reference
               •   Volume II
                    •   Implementation Guide
                    •   Message Classes
                    •   Common Record Layout
                    •   Edits
               •   Volume VI
                    •   Reports




                                                               73




  RESOURCES
       •   Information for Financial Aid Professionals
           (IFAP)
               •   Electronic Announcements
               •   Dear Colleague Letters
               •   Web-based training




                                                               74




                                   MASFAA: May 23 – 25, 2012
May 25, 2012                                                   75
                                          Oxford, MS




                                                                          25

				
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