Posted Date:October 18, 2013
|Author:||Sue O'Flaherty, Service Director, Program Management, Federal Student Aid|
Subject: Additional COD System Implementation for 2013-2014 Award Year
As explained in earlier announcements (March 15, 2013 and June 25, 2013) posted on the Information for Financial Aid Professionals (IFAP) Web site, we implemented Common Origination and Disbursement (COD) System functionality to support 2013-2014 Award Year Processing. During the period October 25-27, 2013, we plan to implement additional COD System functionality for the 2013-2014 Award Year.
In this announcement, we provide the following important information related to the implementation:
- COD Batch Processing Suspension and Web Site Outage Information
- COD System Processing Function Enhancements and Modifications Effective October 27, 2013
- Contact Information
We appreciate your patience and understanding as we complete this important activity.
COD Batch Processing Suspension and Web Site Outage Information
To install the additional COD System functionality, we will suspend COD batch processing beginning at 8:00 P.M. (ET) on Friday, October 25, 2013. Records submitted after this time will be held and processed after 11:00 A.M. (ET) on Sunday, October 27, 2013.
Note: All actual disbursements with a disbursement date from October 25, 2013 through October 27, 2013 must be received by the COD System no later than 9:00 AM (ET) on Friday, October 25, 2013, and subsequently accepted by the COD System, in order for them to be included in the drawdown prior to the outage. Disbursements submitted by the deadline but not subsequently accepted, disbursements submitted after the deadline, and disbursements with a disbursement date after October 27, 2013 will be processed and funded after the outage.
In addition, between 8:00 P.M. (ET) on Friday, October 25, 2013 and 11:00 A.M. (ET) on Sunday, October 27, 2013—
Users will not be able to submit or retrieve data via the COD Web site.
Users will not be able to access the COD Reports area of the COD Web site.
An individual will not be able to complete any actions or view loan correspondence via the StudentLoans.gov Web site.
An individual will not be able to complete any actions via the TEACH Grant Web site.
COD System Processing Function Enhancements and Modifications for 2013-2014 Effective October 27, 2013
In the attachment titled "Additional COD System Processing Function Enhancements and Modifications for 2013-2014," we highlight the processing function enhancements and modifications we will implement during the October 25-27, 2013 period.
If you have questions about this announcement or its attachments, contact the COD School Relations Center at 800/474-7268 for Grants or 800/848-0978 for Direct Loans. You may also e-mail CODSupport@ed.gov.