Bulletin ID
DLB - 00 - 21
| PublicationDate: 4/1/2000 BulletinID: DLB - 00 - 21 April 2000 DLB 00-21 Subject: Direct Loan Training in 2000 Dear Partner: We want you to know that the new SFA University is offering Direct Loan Training in 2000. You may read about the training opportunities and register online. Visit the Information for Financial Aid Professionals site (ifap) at http://ifap.ed.gov. Then click on “SFA Training” in the upper left-hand corner. Following is a brief discussion of the training for 2000. Direct Loan Accounting: The Road to Reconciliation This highly interactive training course will last a full day. You will learn the conceptual and practical skills necessary to meet the US Department of Education's Direct Loan reconciliation requirements. You will learn how to calculate Direct Loan cash balances and reconcile across business office, financial aid, and Loan Origination Center systems. You will also apply Direct Loan accounting principles through our reconciliation simulation exercises and discussion. As a course prerequisite, we strongly recommend that you have prior Direct Loan experience or have attended a Department of Education Direct Loan training course. Note: This training is not specific to your Direct Loan software or origination level. To register for this training, click on http://www.ed.gov/offices/OPE/announce/trng/dloan.html 2000-2001 EDExpress Direct Loan These two-day workshops will be offered from late April through September at the Department's Regional Training Facilities as well as selected off-site locations. The workshops will cover all aspects of the Direct Loan program with an emphasis on using the EDExpress software. EDExpress is an ED-developed software that enables schools to process Title IV data electronically using the Department's Electronic Data Exchange (EDE). Training sessions will provide instruction on the new 2000-2001 software with hands-on exercises using a simulated database on live software. Each two-day workshop will cover loan origination, the master promissory note, disbursement processing, cash management and Direct Loan reconciliation, and new policies and procedures for Direct Loans. Schools using mainframe or custom computer systems are welcome to attend this training but should be aware that hands-on exercises are EDExpress based. Attendees should be familiar with EDExpress software. Persons new to the Direct Loan program should review the Direct Loan School Guide (September 1999). New staff should have a basic understanding of the Title IV programs, policies, and procedures. To register for this training, click on http://www.ed.gov/offices/OPE/announce/trng/exdloan.html Additional Information If you have questions about either Direct Loan training class, please contact your client account manager. (See attached list for phone numbers.) Registration for both training courses is limited to 40 people per class. The training is free, but participants must pay for their own transportation, meals and lodging. In order to register on line, you will need an Internet browser (version 4.0 or higher) to access the SFA University Online Training Registration Page. You will also need an email address to register. If you do not have an email address, you can obtain a temporary email address by going to any major Internet search engine to locate free email. Only one person can use each email address to register. Please remember to enter your email address carefully so that your workshop registration can be processed. Your registration will be confirmed by email. In the event of a training cancellation, you will be notified either by email or phone. If you experience any difficulty in registering for a workshop, please send an email to SFA Internet Registration@ed.gov, and we will contact you as soon as possible. You may also call and leave a message on 202/205-2667. Thank you for your ongoing participation in the Direct Loan Program. Sincerely, Margaret E. White Acting Lead, Title IV Delivery Schools Channel Enclosure |