Session GA-01 Current Electronic Services Offered by Federal Student Aid for GA's and Lenders Pam...

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Session GA-01 Current Electronic Services Offered by Federal Student Aid for GA's and Lenders Pam Eliadis Dwight Vigna U.S. Department of Education

Transcript of Session GA-01 Current Electronic Services Offered by Federal Student Aid for GA's and Lenders Pam...

Page 1: Session GA-01 Current Electronic Services Offered by Federal Student Aid for GA's and Lenders Pam Eliadis Dwight Vigna U.S. Department of Education.

Session GA-01

Current Electronic Services Offered by

Federal Student Aid for GA's and Lenders

Pam EliadisDwight Vigna

U.S. Department of Education

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Financial Partner Portal

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What’s New

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Archive

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What’s Coming

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Contact Resources

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Financial Management System

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Data Exchange

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Financial Partner Data Mart

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Financial Partners Data Mart

• Upon selecting the “Financial Partners Data Mart” option from the Financial Partners Portal home page, you will be directed to the Financial Partners Data Mart quick access page

• Current users can log into FP Data Mart and new users can request access to the system

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Financial Partners Data Mart

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Financial Partners Data Mart Registration• To initiate the request for access to FPDM, a

completed User ID Request Form must be signed and delivered to the FPDM System Security Officer. The SSO must have a hard copy of the request form with an original signature before the request can be approved

• Once the SSO approves it, the access request procedures become automated and the requestor will be notified by email

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Financial Partners Data Mart Registration

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FP Data Mart Login Page

• Registered FP Data Mart users can access the login page via

– www.fp.ed.gov or

– https://fp-mart.ed.gov

• User name and password are supplied during the automated registration process after security forms have been submitted

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FP Data Mart Login Page

• Users will be prompted to change their password upon first login and every 90 days

• The password must conform to Department of Ed/Federal Student Aid standard

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FP Data Mart Login Page

• The left side-bar allows for access account management in the event of:

– Forgotten Password

– Change Password

– Registration

•Only used when directed, as part of automated request procedures

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FP Datamart Login Page

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FP Data Mart Welcome Page

• Upon successful login, the Welcome page will appear and list all Microstrategy projects

• FPDM users will only have access to the Financial Partners project

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FP Data Mart Welcome Page

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Navigating FPDM Folders

• To access public reports, double click on the Shared Reports folder. A list of public folders will appear

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Navigating FPDM Folders

• Double click the desired to folder to view reports

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Running a FPDM Report

1. Double click a report

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Running a FPDM Report

2. Answer the prompts

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Running a FPDM Report

3. Report will display

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Logging out of FPDM

• Select “logout” and close the web browser

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National Student Loan Data System

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NSLDS Logon

www.nsldsfap.ed.gov

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NSLDS Logon

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NSLDS Logon

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NSLDS Logon

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Password Change

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System Requirements

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Download Help

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NSLDS Main Menu

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Aid Tab Menu

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Loan Summary

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Loan Detail

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Overpayment Display

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Enrollment Summary

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Org Tab Menu

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Update Information

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Cohort Default Rate

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School Profile

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Report Tab – Lender

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Report Tab – GA

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Contact Information

We appreciate your feedback and comments. We can be reached at:

• Phone: 202-377-3554• Email:[email protected]

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Default Management and Collection System

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Default Management and Collections System (DMCS)

• Mandatory Assignment

• Judgment Processing

• TOP – Treasury Offset Program

• IRS Skip Trace Processing

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Mandatory Assignment

• Moratorium for 2008 through June 2009

• New regulations and operational processes for e-signed promissory note assignment

– Requires front and back of the note

– Requires the lender ID for the originator that activated the note

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Mandatory Assignment

–Requires disbursement data for loans with MPN’s and e-signed notes assigned on or after 7/1/2008

–Requires lender disbursement data for claims paid on or after 7/1/2008

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Judgment Processing

• ECMC has a schedule for accepting judgments from each GA

• FY2009 will be the last year to adjust ending inventory balances

• Once judgments are with ECMC, no new judgments will be taken until FSA has a new system to accept them

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TOP• FSA Offsets (7/31/08) - $735,380,535

• GA Offsets (6/30/08) - $561,013,487

– We are 150% over fiscal year 2007!!

• Every TOP eligible borrower must have been sent a new notice to be certified

• Inactivation files are processed by the end of November

• Activation files are done by mid December

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IRS Skip Trace Processing• No signed agreements with IRS but you

must submit to FSA a Safeguard Procedures Report to participate

• Must submit annual Safeguard Activity report and Safeguard Certification

• FSA reviews the reports

• Sweep the SAIG mail boxes only once per month/week

• Return data within 3 business days

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Total and Permanent Disability - CDDTS

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Total and Permanent Disability• System name is CDDTS – Conditional

Disability Discharge Tracking System

• Assignments are in the same format as defaulted loan assignments

• Be on the lookout for a new discharge application

– The new format should improve the quality of information we receive

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Contact Information

We appreciate your feedback and comments. We can be reached at:

• Phone: 202-377-3436• Email:[email protected]