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

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Presentation transcript:

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

APOLLO GROUP, INC. Objectives 2 Taking the “Mystery” out of NSLDS Share Experiences, Pains, and Discoveries with NSLDS. Learn what is available, and what can be done with it.

APOLLO GROUP, INC. Agenda Transfer Monitoring Annual Aggregate Loan Limits NSLDS for Default Aversion –Student Struggles –School Struggles 3

APOLLO GROUP, 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) 4

APOLLO GROUP, INC. Transfer Monitoring 5

APOLLO GROUP, INC. Transfer Monitoring 6 Adding a Student Requires: SSN, First Name, Last Name, Date of Birth, Enrollment Begin Date, and Monitor Begin Date

APOLLO GROUP, INC. Annual Aggregate Loan Limits 7 Enhancements: Dynamic by Graduate and Undergraduate Dependent or Independent Icon Award year displayed

APOLLO GROUP, INC. Annual Aggregate Loan Limits 8 Enhancements: Filter by: Aggregate Type Exceeds Limits New Icons:

APOLLO GROUP, INC. NSLDS for Default Management What struggles are students facing? –Loan Confusion –Student Loan Repayment “Who are my lenders and what are my options?” 9

APOLLO GROUP, INC. Split Servicing 10 Meet Mary, a Bachelor’s student.. 10 Sallie Mae Wells Fargo DOE Sallie Mae ACS NelnetSallie Mae Great LakesNelnet PHEAA ACS Sold loans to DOE

APOLLO GROUP, INC. Student Loan Information 11 To retrieve a lost PIN, the borrower may go to:

APOLLO GROUP, INC. Student Loan Information 12

APOLLO GROUP, INC. Student Loan Information 13

APOLLO GROUP, INC. What the School Sees 14

APOLLO GROUP, INC. NSLDS for Default Management What struggles are we facing as schools? –Estimating Default Rates –Implementing Data Driven Initiatives –Pro-Active Campaigns 15

APOLLO GROUP, INC. NSLDS for Default Management 16

APOLLO GROUP, INC. NSLDS for Default Management 17 New Reports

APOLLO GROUP, INC. Estimate CDR with Portfolio Report 18 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

APOLLO GROUP, INC. Delinquent Borrower Report 19 New Reports

APOLLO GROUP, INC. Delinquent Borrower Report 20 Possible Uses: Servicer Placements Demographic Updates Days Delinquent driven initiatives Cohort Aging

APOLLO GROUP, INC. PUT Report 21

APOLLO GROUP, INC. Servicer Codes 22 Organization CodeDisplay Name 575Conditional Disability Discharge Tracking 577Dept of ED/ACS 578Dept of ED/Sallie Mae 579Dept of ED/FEDLOAN Servicing (PHEAA) 580Dept of ED/NELNET 581Dept of ED/Great Lakes 555Dept of ED Collections 556New Dept of ED/DMCS 582New Dept of ED/Nelnet TPD Total and Permanent Disability 583New Direct Loan Servicing Center (ACS)

APOLLO GROUP, INC. Push Reports 23 Schedule Reports Reporting Type: Report or Comma Delimited Frequency: Daily, Weekly, Monthly, Quarterly Specify TG Mailbox

APOLLO GROUP, INC. Other Reports and Uses 24 Pro Active Campaigns Measuring Completions

APOLLO GROUP, INC. Questions Please any questions to 25