Bulletin ID
DLB - 95 - 18
| PublicationDate: 11/1/95 BulletinID: DLB - 95 - 18 November 1995 DLB - 18 SUMMARY: Schedule for Additional Direct Loan Reconciliation Training Dear Colleague: As a 1995-96 participant in the William D. Ford Federal Direct Loan Program (Direct Loans), you are invited to attend our additional recurring training on managing data necessary for completing monthly Direct Loan reconciliation. These sessions will begin in December 1995 and will occur monthly until February 1996. Training Objectives The one-day training session is designed to help you better understand the Direct Loan Reconciliation process and the Department of Education's software that will help you complete the required monthly data match (recording and transmitting origination records, promissory notes, and disbursements with the Direct Loan Servicing Center). Upon completion of this training, you will be able to -understand the role of reconciliation in Direct Loan processing -understand basic reconciliation concepts and terms -understand the relationship between reconciliation and fulfilling Direct Loan Program and cash management requirements The information in these sessions is also pertinent to those who use EDExpress in combination with another system. Who Should Attend this Training School and/or third-party servicer staff who have "hands-on" familiarity with Direct Loan processing at your school. This staff should know how to create loan records, originate loan records, print promissory notes, batch records to the Direct Loan Servicing Center, and import acknowledgments using EDExpress. Registration and Training Site Information Registration information and training locations are enclosed. Each participant from your school must register in advance for the training. WE ARE UNABLE TO ACCOMMODATE WALK-INS. The hours of training are 8:30 a.m. until 4:30 p.m. Please feel free to duplicate the enclosed registration information for your colleagues. REGISTRATION INFORMATION SHOULD BE FAXED TO THE DRIECT LOAN ACCOUNT MANAGEMENT TRAINING SPECIALIST AT THE SIT WHERE YOU PLAN TO ATTEND TRAINING. Atlanta, GA Lexi Byers (404) 730-2049 Fax: (404) 730-2078 Chicago, IL Mary Barton (312) 886-6660 Fax: (312) 886-6737 San Francisco, CA Pat Walker (415) 556-4747 Fax: (415) 556-4767 Washington, DC Karen Epps (202) 205-3470 Fax: (202) 260-5178 YOU SHOULD SUBMIT YOUR TRAINING REQUEST AT LEAST TWO WEEKS BEFORE THE SESSION YOU PLAN TO ATTEND. Please be sure to indicate a first, second, and third choice. We will always try to accommodate your first choice; however, you should not make travel plans before receiving a written confirmation notice from us, as the Department of Education cannot be responsible for any expenses you may incur for advance ticket purchases. There is no training charge to participants. However, training participants are responsible for their own transportation, meals, and overnight accommodations. If you need additional information on the upcoming training sessions, please call the Training Specialist listed above at the location you are interested in attending training. We look forward to seeing you at one of the upcoming training sessions. Sincerely, Diane Voigt, Chair Direct Loan Task Force Enclosures |