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Summary: Notice of implementation of electronic delivery of institution cohort default rate data for institutions located outside of the United States.

Publication Date: August 13, 2007
FRPart:

Page Numbers: 45237-45238

Summary: Notice of implementation of electronic delivery of institution cohort default rate data for institutions located outside of the United States.

Posted on 08-13-2007

[Federal Register: August 13, 2007 (Volume 72, Number 155)]
[Notices]
[Page 45237-45238]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13au07-55]

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DEPARTMENT OF EDUCATION


Federal Family Education Loan Program--Cohort Default Rates

AGENCY: Federal Student Aid, Department of Education.

ACTION: Notice of implementation of electronic delivery of institution
cohort default rate data for institutions located outside of the United
States.

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SUMMARY: The Secretary gives notice of the implementation of electronic
cohort default rate (eCDR) delivery notification packages to
institutions located outside of the United States (foreign
institutions) that participate in the Federal Family Education Loan
(FFEL) Program, authorized under Part B of Title IV of the Higher
Education Act of 1965, as amended. This notice is effective for each
foreign institution as of the date the U.S. Department of Education
(the Department) advises the institution that the Department has
completed the process of enabling the institution to enroll in the
Department's Student Aid Internet Gateway (SAIG).

FOR FURTHER INFORMATION CONTACT: Frances Robinson, Default Prevention
and Management, Federal Student Aid, U.S. Department of Education,
Union Center Plaza, Room 084C2, 830 First Street, NE., Washington, DC
20002. Telephone: (202) 377-3192, FAX (202) 275-4537. If you use a
telecommunications device for the deaf (TDD), you can call the Federal
Relay Service (FRS), toll free, at 1-800-877-8339. Individuals with
disabilities may obtain this document in an alternative format (e.g.,
Braille, large print, audiotape, or computer diskette) on request to
the program contact person listed in this section.

SUPPLEMENTARY INFORMATION: Traditionally the Department has transmitted
draft and official cohort default rate packages to foreign institutions
participating in the FFEL Program by delivery of hardcopy documents or
an encrypted password protected CD-ROM. The Department is replacing
those processes with electronic transmission of draft and official
cohort default rate notification
packages via SAIG, as described below. Foreign institutions for which
the Department has not yet established SAIG access will continue to
receive their cohort default rate notification documents in hardcopy
and will also receive an encrypted password protected CD-ROM. In these
cases, the regulatory time periods for the institution to submit
challenges, adjustments, and appeals will begin on the date of receipt
by the institution of the encrypted password protected CD-ROM and the
letter with the password for decrypting the CD-ROM.
The eCDR delivery process that the Department already uses for
domestic institutions and that will be used for foreign institutions is
as follows: For each electronic distribution of default rate
notifications (draft and official) to institutions, the Department will
announce on its Information for Financial Aid Professionals (IFAP) Web
site (http://www.ifap.ed.gov) the date of the electronic transmission
of cohort default rate information to the Destination Point
Administrator (DPA) designated by each institution. Except as described
in the following paragraph, the time periods for submitting challenges,
adjustments, and appeals under 34 CFR part 668, subpart M, begins with
the sixth business day after the date the default rate notification
packages were transmitted to the SAIG destination points, as noted in
the IFAP announcement.

If an institution believes that a technical problem caused by the
Department resulted in the institution not being able to access its
eCDR information, it must notify the Department no later than five
business days after the transmission date announced on IFAP. By doing
so, and if we agree that the Department caused the problem, we will
extend the challenge, adjustment, and appeal timeframes to allow for a
re-transmission of the information after the technical problem is
resolved. Reports of technical problems must be made via e-mail and
addressed to our Default Prevention and Management share post at:
http://ifap.ed.gov/DefaultManagement/DefaultManagement.html. Each institution is responsible
for updating its SAIG enrollment whenever a change is needed to its
DPA. Failure of an institution to enroll in or update SAIG for the eCDR
process is not a valid, timely technical problem.
To implement the eCDR process, every foreign institution must, upon
the Department's notification that its access to SAIG has been
established, complete the enrollment package provided by the Department
and return the package within the timeframe specified by the
Department. Once the SAIG enrollment process is completed, the
institution's DPA will receive the institution's next notification
package under the eCDR process.

Electronic Access to This Document: You can view this document, as
well as all other documents of this Department published in the Federal
Register, in text or Adobe Portable Document Format (PDF) on the
Internet at the following site: http://www.ed.gov/news/fedregister.

To use the PDF you must have the Adobe Acrobat Reader, which is
available free at this site. If you have questions about using PDF,
call the U.S. Government Printing Office (GPO); toll free, at 1-888-
293-6498; or in the Washington, DC area at (202) 512-1530.
You may also view this document in PDF at the following site:
http://www.ifap.ed.gov.

Note: The official version of this document is the document
published in the Federal Register. Free Internet access to the
official edition of the Federal Register and the Code of Federal
Regulations is available through GPO Access at: http://www.gpoaccess.gov/nara/index.html.

Program Authority: 20 U.S.C. 1082, 1085, 1094, and 1099c.

Dated: August 8, 2007.
Lawrence A. Warder, Acting Chief Operating Officer, Federal Student Aid.
[FR Doc. E7-15806 Filed 8-10-07; 8:45 am]

BILLING CODE 4000-01-P

Last Modified: 08/13/2007