Transcript C7 GettingTheMostOutOfNSLDS

Apollo Group
WASFAA
Presentation
Getting the most out of
NSLDS
APOLLO
GROUP, INC.
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Objectives
Taking the “Mystery” out of NSLDS
• Share Experiences, Pains, and Discoveries with
NSLDS.
• Learn what is available, and what can be done
with it.
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GROUP, INC.
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Agenda
• Transfer Monitoring
• Annual Aggregate Loan Limits
• NSLDS for Default Aversion
– Student Struggles
– School Struggles
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GROUP, INC.
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Transfer Monitoring
• What is Transfer Monitoring?
– Student checked that they had
attended another institution within the
year
– 7 Day Delay of Disbursements
– 90 Day monitoring (Or by designation)
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GROUP, INC.
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Transfer Monitoring
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GROUP, INC.
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Transfer Monitoring
Adding a Student
Requires:
SSN, First Name, Last
Name, Date of Birth,
Enrollment Begin
Date, and Monitor
Begin Date
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GROUP, INC.
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Annual Aggregate Loan Limits
Enhancements:
•Dynamic by
Graduate and
Undergraduate
•Dependent or
Independent Icon
•Award year
displayed
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GROUP, INC.
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Annual Aggregate Loan Limits
Enhancements:
Filter by:
•Aggregate Type
•Exceeds Limits
New Icons:
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GROUP, INC.
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NSLDS for Default Management
• What struggles are students facing?
– Loan Confusion
– Student Loan Repayment
“Who are my lenders and what are my options?”
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GROUP, INC.
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Split Servicing
• Meet Mary, a Bachelor’s student..
2007
Sallie
Mae
Sallie
Mae
Sallie Mae Sallie Mae
2008
Wells
Fargo
Wells
Fargo
Sold loans to DOE
ACS
Nelnet
APOLLO
GROUP, INC.
2009
ACS
DOE
2010
DOE
DOE
DOE
ACS
Great Lakes Nelnet
PHEAA PHEAA
Sallie Mae
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Student Loan Information
To retrieve a lost
PIN, the borrower
may go to:
www.pin.ed.gov
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GROUP, INC.
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Student Loan Information
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GROUP, INC.
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Student Loan Information
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GROUP, INC.
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What the School Sees
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GROUP, INC.
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NSLDS for Default Management
• What struggles are we facing as schools?
– Estimating Default Rates
– Implementing Data Driven Initiatives
– Pro-Active Campaigns
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GROUP, INC.
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NSLDS for Default Management
Guarantor
Servicer
NSLDS
= CDR Estimate
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GROUP, INC.
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NSLDS for Default Management
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GROUP, INC.
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Estimate CDR with Portfolio Report
Calculation Tips:
Repayment Population:
•Maturity Date within Cohort Year
•Include where Loan Type = SF, SU, SL,
D1, D2
•Exclude where Loan Status = AL, CA, UA,
UB, UC, UD, UI
Determining Defaults:
•Maturity Date within Cohort Year
•CDR Date of Default – Ed Serviced Loans
•Claim Paid Date & Reason – Defaults for
FFEL
Note:
•Rehabs & Consolidations
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GROUP, INC.
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Delinquent Borrower Report
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GROUP, INC.
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Delinquent Borrower Report
Possible Uses:
•Servicer Placements
•Demographic Updates
•Days Delinquent driven
initiatives
•Cohort Aging
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GROUP, INC.
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PUT Report
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GROUP, INC.
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Servicer Codes
Organization Code
Display Name
575
Conditional Disability Discharge Tracking
577
Dept of ED/ACS
578
Dept of ED/Sallie Mae
579
Dept of ED/FEDLOAN Servicing (PHEAA)
580
Dept of ED/NELNET
581
Dept of ED/Great Lakes
555
Dept of ED Collections
556
New Dept of ED/DMCS
582
New Dept of ED/Nelnet TPD
Total and Permanent Disability
583
New Direct Loan Servicing Center (ACS)
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GROUP, INC.
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Push Reports
Schedule Reports
Reporting Type:
•Report or Comma
Delimited
Frequency:
•Daily, Weekly, Monthly,
Quarterly
Specify TG Mailbox
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GROUP, INC.
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Other Reports and Uses
Pro Active
Campaigns
Measuring
Completions
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GROUP, INC.
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Questions
Please email any questions to
[email protected]
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GROUP, INC.
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