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APOLLO GROUP, INC. 1 Getting the most out of NSLDS Apollo Apollo Group Group WASFAA WASFAA Presentati Presentati on on

Getting the most out of NSLDS

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Apollo Group WASFAA Presentation. Getting the most out of NSLDS. 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. Agenda. Transfer Monitoring Annual Aggregate Loan Limits - PowerPoint PPT Presentation

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Page 1: Getting the most out of NSLDS

APOLLOGROUP, INC. 1

Getting the most out of NSLDS

Apollo Apollo Group Group

WASFAA WASFAA PresentatioPresentatio

nn

Page 2: Getting the most out of NSLDS

APOLLOGROUP, INC.

Objectives

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Taking the “Mystery” out of NSLDSTaking the “Mystery” out of NSLDS

• Share Experiences, Pains, and Discoveries with NSLDS.

• Learn what is available, and what can be done with it.

Page 3: Getting the most out of NSLDS

APOLLOGROUP, INC.

Agenda• Transfer Monitoring• Annual Aggregate Loan Limits• NSLDS for Default Aversion

– Student Struggles– School Struggles

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Page 4: Getting the most out of NSLDS

APOLLOGROUP, INC.

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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Page 5: Getting the most out of NSLDS

APOLLOGROUP, INC.

Transfer Monitoring

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Page 6: Getting the most out of NSLDS

APOLLOGROUP, INC.

Transfer Monitoring

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Adding a Student Adding a Student Requires:Requires:

SSN, First Name, Last Name, Date of Birth, Enrollment Begin Date, and Monitor Begin Date

Page 7: Getting the most out of NSLDS

APOLLOGROUP, INC.

Annual Aggregate Loan Limits

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Enhancements:Enhancements:

•Dynamic by Graduate and Undergraduate•Dependent or Independent Icon•Award year displayed

Page 8: Getting the most out of NSLDS

APOLLOGROUP, INC.

Annual Aggregate Loan Limits

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Enhancements:Enhancements:

Filter by:•Aggregate Type•Exceeds Limits

New Icons:New Icons:

Page 9: Getting the most out of NSLDS

APOLLOGROUP, INC.

NSLDS for Default Management• What struggles are students facing?

– Loan Confusion– Student Loan Repayment

““Who are my lenders and what are my options?”Who are my lenders and what are my options?”

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Page 10: Getting the most out of NSLDS

APOLLOGROUP, INC.

Split Servicing

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• Meet Mary, a Bachelor’s student..

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Sallie Mae

Sallie Mae

Wells Fargo

Wells Fargo

DOE DOE DOE DOE

20072007 20082008 20092009 20102010

Sallie Mae Sallie Mae

ACS ACS

Nelnet Sallie Mae

Great Lakes Nelnet PHEAA PHEAA

ACSSold loans to DOESold loans to DOE

Page 11: Getting the most out of NSLDS

APOLLOGROUP, INC.

Student Loan Information

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To retrieve a lost PIN, the borrower

may go to:

www.pin.ed.govwww.pin.ed.gov

To retrieve a lost PIN, the borrower

may go to:

www.pin.ed.govwww.pin.ed.gov

Page 12: Getting the most out of NSLDS

APOLLOGROUP, INC.

Student Loan Information

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Page 13: Getting the most out of NSLDS

APOLLOGROUP, INC.

Student Loan Information

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Page 14: Getting the most out of NSLDS

APOLLOGROUP, INC.

What the School Sees

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Page 15: Getting the most out of NSLDS

APOLLOGROUP, INC.

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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Page 16: Getting the most out of NSLDS

APOLLOGROUP, INC.

NSLDS for Default Management

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Page 17: Getting the most out of NSLDS

APOLLOGROUP, INC.

NSLDS for Default Management

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New New

Reports

Reports

Page 18: Getting the most out of NSLDS

APOLLOGROUP, INC.

Estimate CDR with Portfolio Report

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Calculation Tips: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

Page 19: Getting the most out of NSLDS

APOLLOGROUP, INC.

Delinquent Borrower Report

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New New

Reports

Reports

Page 20: Getting the most out of NSLDS

APOLLOGROUP, INC.

Delinquent Borrower Report

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Possible Uses:Possible Uses:

•Servicer Placements•Demographic Updates•Days Delinquent driven initiatives•Cohort Aging

Page 21: Getting the most out of NSLDS

APOLLOGROUP, INC.

PUT Report

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Page 22: Getting the most out of NSLDS

APOLLOGROUP, INC.

Servicer Codes

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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 TPDTotal and Permanent Disability

583 New Direct Loan Servicing Center (ACS)

Page 23: Getting the most out of NSLDS

APOLLOGROUP, INC.

Push Reports

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Schedule ReportsSchedule Reports

Reporting Type:•Report or Comma DelimitedFrequency:•Daily, Weekly, Monthly, QuarterlySpecify TG Mailbox

Page 24: Getting the most out of NSLDS

APOLLOGROUP, INC.

Other Reports and Uses

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Pro Active Pro Active CampaignsCampaigns

Measuring Measuring CompletionsCompletions

Page 25: Getting the most out of NSLDS

APOLLOGROUP, INC.

Questions

Please email any questions to [email protected]

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