Bulletin ID
DLB - 97 - 36
| PublicationDate: 9/1/97 BulletinID: DLB - 97 - 36 September 1997 DLB-97-36 SUMMARY: CASH MANAGEMENT AND DATA MATCHING TRAINING Dear Colleague: As a participant in the William D. Ford Federal Direct Loan Program (Direct Loans), we invite you to attend our 1997 training on cash management and data matching to learn about changes in this important area for the 1997-98 award year. The training will occur between October and December 1997 in our regional training facilities. TRAINING OBJECTIVES The one-day training sessions will help you better understand the Direct Loan Cash Management and Data Matching process (reconciliation). This training will also cover cash management guidelines and focus on problem resolution in the data matching and cash management process, which is essential to assist your institution in closing out award years.. Upon completion of this training, you will: - understand the changes for Year 4 processing - understand the importance of cash management and the role of data matching in the Direct Loan process - understand basic concepts and terms - understand the Direct Loan reporting requirements with respect to the processes of cash management and data matching This training will cover essential concepts that are vital to your institution's success in administering the Direct Loan Program. The training information is pertinent for all Direct Loan institutions whether using EDExpress, a combination of PC with another system, mainframe exclusively, or other software. WHO SHOULD ATTEND All staff of the Financial Aid Office, Business, Fiscal, or Accounting Offices, and the System or Computer Offices directly involved in the cash management and data matching processes should attend this training. Institutions using third party servicers should encourage the servicer's Direct Loan representative(s) to attend. REGISTRATION INFORMATION Enclosed is registration information. Each participant from your institution must register in advance. We are unable to accommodate walk-ins. The hours of training are from 8:30 a.m. until 4:30 p.m. Feel free to duplicate the enclosed registration information for your colleagues. Please submit your training request early due to limited space. Please do not make travel arrangements before receiving a written confirmation, as the Department of Education cannot be responsible for any expenses you may incur for advance ticket purchases. This training is free. However, participants are responsible for their own transportation, meals, and overnight accommodations. If you need additional information, please call the contact listed for the location you wish to attend. We look forward to seeing you at one of the upcoming training sessions. Sincerely, Joe McCormick Chair Direct Loan Task Force Enclosures [[The William D. Ford Direct Loan Program Training Registration form and the Direct Loan Cash Management and Data Matching (Reconciliation) - Training Locations, Dates, and Contacts chart are currently unavailable for viewing. Please reference your paper docmument for additional information.]] |