Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

() Summary: Correction to DLB-04-08-- Transaction Date on the School Account Statement and GAPS Debit Date on the COD Web Site

Publication Date: March 06, 2004

Bulletin ID: DLB-04-11


Summary: Correction to DLB-04-08-- Transaction Date on the School Account Statement and GAPS Debit Date on the COD Web Site


Posted on 04-06-2004

April 2004

DLB-04-11

Subject: Correction to DLB-04-08-- Transaction Date on the School Account Statement and GAPS Debit Date on the COD Web Site

Dear Partner:

On March 18, 2004, we issued DLB-04-08 with information about the Transaction Date field on the School Account Statement (SAS) report and the GAPS Debit Date field on the COD web site's Cash Activity Screen. We regret that DLB-04-08 included inaccurate information about changes related to these two fields that were made as part of the 2004-2005 COD System functionality implemented March 12-14, 2004. This bulletin corrects the inaccurate information and should be used for future reference.

Following an upcoming GAPS software update, the Transaction Date field on the SAS report and the new GAPS Debit Date field on the COD web site's Cash Activity Screen will be populated with the GAPS debit date that COD receives from GAPS. The GAPS software update that includes this functionality is tentatively scheduled for April 18, 2004. As a result-

  • For new transactions that enter the COD System before the April 18, 2004 GAPS software update, the Transaction Date field on the SAS report will be populated with the COD processing date (i.e., the date that the transaction posted in the COD System) as has been used on the SAS report to date. On the COD web site's Cash Activity Screen, the GAPS Debit Date field will be blank.
  • For new transactions that enter the COD System after the April 18, 2004 GAPS software update, the Transaction Date field on the SAS report and the GAPS Debit Date field on the COD web site's Cash Activity Screen will be populated with the GAPS debit date that COD receives from GAPS.

If you have any questions about this bulletin, please contact the COD School Relations Center at 800/848-0978 or via email at codsupport@acs-inc.com.

We apologize for providing you with inaccurate information in the previous bulletin. As always, thank you for your ongoing partnership in the Direct Loan Program.

Sincerely,

Jane Holman
Acting Director, Title IV Delivery
Schools Channel