Posted Date:July 13, 2015
|Author:||Pamela Eliadis, Service Director, System Operations & Aid Delivery Management, Federal Student Aid|
Subject: Reaffirmation Data on NSLDS
We are pleased to announce recent enhancements related to the availability of reaffirmation data on the National Student Loan Data System (NSLDS®). As described in Dear Colleague Letter GEN-13-02, a student who has inadvertently received Title IV loan funds, under the William D. Ford Federal Direct Loan (Direct Loan) or Federal Family Education Loan (FFEL) programs, in excess of annual or aggregate loan limits, may regain Title IV eligibility by repaying the excess amount or by making satisfactory repayment arrangements, in writing, with the loan servicer. This arrangement to resolve a case of inadvertent overborrowing is called "reaffirmation."
NSLDS has been enhanced to allow the reporting of reaffirmation agreements from lenders, lender servicers, and federal loan servicers for display on NSLDS and for reporting on the Institutional Student Information Record (ISIR). Schools may use the information displayed on NSLDS and contained on the ISIR when determining a student's eligibility for additional Title IV aid.
Note: Reporting reaffirmation data to NSLDS is required of our federal loan servicers; reporting the information to NSLDS is optional for FFEL Program lenders and lender servicers.
For more information about the enhancements to NSLDS, refer to NSLDS Newsletter #48, now available in the NSLDS Reference Materials section of the Information for Financial Aid Professionals (IFAP) Web site. Updates include the display of reaffirmation data on the NSLDS Professional Access Web site, on the ISIR, and an informational icon for students on the NSLDS Student Access Web site.
For complete information about the reaffirmation process and student eligibility, refer to GEN-13-02. We have updated the response to question #3 in the Dear Colleague Letter's attachment "" to reflect the updates to NSLDS.
If you have questions about NSLDS or navigating the NSLDS Professional Access Web site, contact the NSLDS Customer Support Center at 800/999-8219. You can also contact Customer Support by e-mail at email@example.com.