Posted Date:June 5, 2015
| Author: | Sue O'Flaherty, Service Director, Program Management, Federal Student Aid |
Subject: Additional COD System Implementation for 2015-2016 Award Year
As explained in a March 20, 2015 Electronic Announcement on the Information for Financial Aid Professionals Web site, we implemented Common Origination and Disbursement (COD) System functionality to support 2015-2016 Award Year processing. During the period June 19-21, 2015, we plan to implement additional COD System functionality for the 2015-2016 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 Updates Effective June 21, 2015
Contact Information
Attachments/Enclosures
We appreciate your patience and understanding as we complete this important activity.
COD Batch Processing Suspension and Web Site Outage Information
To install the COD System functionality, we will suspend COD batch processing beginning at 8:00 P.M. (ET) on Friday, June 19, 2015. Records submitted after this time will be held and processed after 8:00 P.M. (ET) on Sunday, June 21, 2015.
Note: All actual disbursements with a disbursement date from June 19, 2015 through June 21, 2015 must be received by the COD System no later than 9:00 P.M. (ET) on Thursday, June 18, 2015, and subsequently accepted by the COD System, in order to generate the appropriate funding level increase 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 June 21, 2015 will be processed and funded after the outage.
In addition, between 8:00 P.M. (ET) on Friday, June 19, 2015 and 8:00 P.M. (ET) on Sunday, June 21, 2015—
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 Updates Effective June 21, 2015
In the attachment titled “Additional COD System Processing Function Enhancements and Modifications for 2015-2016,” we highlight the processing function enhancements and modifications we will implement during the June 19-21, 2015 period.
Contact Information
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.