ERIC Number: ED430452
Record Type: Non-Journal
Publication Date: 1999-Apr
Reference Count: N/A
Direct Loan Overview Workshop. Participant's Guide.
Department of Education, Washington, DC.
This training guide for a one-day workshop provides an introduction to the William D. Ford Federal Direct Loan Program for administrative personnel at higher educations institutions. The seven sections of the guide, each corresponding to a single workshop session, include activity sheets, questions for participants to answer, and space for notes. Following the introductory section, Section 2 focuses on why schools participate in the Direct Loan Program. Also covered in this section are types of loans, eligibility, loan limits, interest rates, repayment plans, and the loan process. Section 3 examines how schools participate in the Direct Loan Program, and includes institutional eligibility requirements, direct loan origination options, participation considerations, and technical specifications for electronic processing. Section 4 explains how schools deliver direct loans to borrowers. Topics covered include the loan origination process, sources of data items, disclosure statements, promissory notes, drawdown requests, disbursements, and reconciliation. Section 5 is on avoiding problems, and the discussion covers data management, accuracy, consistency, timeliness, data protection, and quality assurance. Section 6 explains where schools can find help; phone numbers are provided for specific aspects of the program and by region. Section 7 wraps up the workshop and answers 10 frequently asked questions about the Direct Loan Program. (DB)
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: Department of Education, Washington, DC.
Identifiers - Laws, Policies, & Programs: Federal Direct Student Loan Program