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(General) Subject: POSTPONED-G5 Phase 3 Implementation

Posted Date:December 6, 2010

Author: William Leith, Service Director, Program Management, Federal Student Aid

Subject: POSTPONED-G5 Phase 3 Implementation

Previously, in a November 19, 2010 Electronic Announcement posted on the Information for Financial Aid Professionals (IFAP) Web site, we informed the financial aid community about the G5 Phase 3 implementation and its impact to Common Origination and Disbursement (COD) System and loan consolidation processing during the period of December 10-20, 2010. The implementation has been postponed. Accordingly, COD System and loan consolidation processing will continue as normal.

A new date for the G5 Phase 3 implementation will be provided in a forthcoming Electronic Announcement.

We apologize for any inconvenience the postponement may have caused.