flowchart of the Direct Loan process

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Pell and Direct Loan Data Flows ISIR Central Processing System (CPS) FAFSA SAR eMPN Entrance/Exit Counseling Booked Loans Paper MPN Originations, Disbursements Responses Direct Loan Servicing System (DLSS) Booked Loans Common Origination and Disbursement (COD) Pell Disbursements National Student Loan Data System (NSLDS) Funding Data and Payment Requests Both Programs Funding Requests Money Grant Administration & Payment System (GAPS) Direct Loan Only Pell Only

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