AwardYear: 1995-1996 ChapterNumber: 8 ChapterTitle: Certifying Borrower Enrollment PageNumbers: 1-2 CHAPTER 8 - CERTIFYING BORROWER ENROLLMENT Essential Questions - Can I use my Federal Family Education Loan (FFEL) procedures for Direct Loans? General Information Two additional FFEL eligibility functions are also part of the Direct Loan Program: - Certification of a borrowers eligibility as part of the Student Status Confirmation Report (SSCR) process; and - Verifying eligibility for student deferments. Upon receipt of a deferment request, a school verifies a students current enrollment status and completes the certification form accordingly. Schools participating in Direct Loans are required to report the enrollment status of Direct Loan borrowers to the Servicing Center. - Beginning in Fall 1995, semiannually (or more frequently if the school requests), based on a schedule established by the Secretary, the National Student Loan Data System (NSLDS) will send SSCRs electronically to the school. The SSCR will indicate the status of Direct Subsidized and Unsubsidized Loan borrowers (or students) at the school. - The school will review the SSCR, update it based on enrollment information held at the school, and return the updated information electronically to the NSLDS. The Departments software facilitates the SSCR reporting process by maintaining student enrollment information and enabling schools to create records for transmission to the NSLDS that report status changes. Implementation Issues and Management Tips Because this certification is part of the FFEL Program, no procedural changes may be needed. You may wish to consult with your bursar or other appropriate enrollment office. If a students withdrawal or status change occurs when the school will not receive the SSCR for more than 30 days, consider developing a procedure to modify the Servicing Center as soon as possible. Also remember to reduce any disbursement amounts. |