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Session 44. OPEN FORUM ON COMMON ORIGINATION AND DISBURSEMENT Presenter: Mary Haldane. SFA Modernization Blueprint. Initiatives Common Origination and Disbursement School Portal ETC Process IPT. COD: Where we are now. NSLDS. COD: Where we are going. X. Common Process. Common Record. - PowerPoint PPT Presentation
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Session 44 - 2
Session 44
OPEN FORUM ON COMMON ORIGINATION AND DISBURSEMENT
Presenter: Mary Haldane
Session 44 - 3
SFA Modernization Blueprint
Initiatives– Common Origination and Disbursement– School Portal– ETC
Process– IPT
Session 44 - 4
COD: Where we are now
Pell FSEOG FWS Direct FFELPerk
FFEL GAs/Lenders
INSTITUTION SOLUTION
- Packaged Solution- EDExpress- Homegrown System
Export Data Files
RFMS CBS
Aggregatesfor FISAP
LOS
NSLDS
Session 44 - 5
COD: Where we are going
Pell, Direct Loan,Campus-Based
INSTITUTION SOLUTION - Packaged Solution- EDExpress- Homegrown System
Origination andDisbursement
(Pell, Campus-Based,Direct Loans)
PORTAL
FFEL
Virtual Student/ School Information
FFEL GAs/Lenders
Common ProcessPell FSEOG FWS Direct FFELPerk
FFEL GAs/Lenders
INSTITUTION SOLUTION- Packaged Solution- EDExpress- Homegrown System
Export Data Files
RFMS CBS
Aggregatesfor FISAP
LOSXcommon…- data definitions- edits- business rules
Common Record
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COD Objectives Common Process across all
programs•Shared data definitions•Common edits, where applicable•Common business rules, where applicable
Streamlined process Reduced costs Integrated customer service
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COD Objectives..continued
Minimize required changes to schools’ internal processes
Real-time, single source sharing of data
Full access to student historical data for those with the right to know
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School
Along the way…
RFMS
LOS
CBS
School
2) COD System
Middleware
CODCommonRecord
RFMSRecord
CurrentFISAP
DLOSRecord
School CODCommonRecord
3) Common Process (COD System With Schools Sending Common Record)
1) Current Process
Session 44 - 9
Schedule
Determine Solution
Apr 99 - Dec 00
Develop & Implement COD
Jen 01 - Feb 02
COD Pilot Program Phase-In
Feb 02 - Oct 03
Current Day
Develop &Implement COD
System and ApplyMiddleware
Wrapper
Run COD Pilot with50+ Select
Schools; RunParallel Test of
MiddlewareWrapper
COD Year 1; PilotSchools Additional
Schools UsingCommon Process
Define BusinessRequirements;
DevelopImplementation
Plan
Build and Test
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WHAT CHALLENGES, SOLUTIONS OR STRATEGIES
DO YOU SEE?
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Benefits to the Financial Aid Administrator
Common Process means: One record layout to support Fewer edits, fewer rejects Student’s access to aid information Professional mobility
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Community Input
User Steering Committee Open sessions at conferences and….
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COD Point of Contact
MARY HALDANE
SCHOOLS CHANNEL LEAD FOR COD
SFA, U.S. DEPT. OF EDUCATION
202-260-6675
