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Financial Partners - 2005Partner Information, Reports, and Tables

Training Guide/Manual

Volume VI January 2006

Part 2

U.S. Department of Education Federal Student Aid

(VISIT OUR WEBPAGE @ www.ed.gov/offices/OSFAP/PEPS)

(The information in this guide is either fictitious or has been blocked for privacy purposes.)


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Table of Contents

Volume VI, Part 2

Financial Partners Module

Page

ENTITY MAINTENANCE Servicer Query 90

Servicer Detail 95

Lender Query 97

Lender Detail 107

Lender Portfolio Query 108

Lender Portfolio Detail 112

Guarantor Query 113

Guarantor Detail 117

REPORTS List of Reports Available 118

TABLES Lender Association Code 146

Scope Code 148

ARL Type 150

Review Type 152Payment Method 154

Default Letter Type 156

Appendix A Lender Deficiency Codes 158

Appendix B School Deficiency Codes 160

Appendix C Description of Reports 162

Appendix D Field Definitions and Points 165


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Servicer Query: To query data on servicers names, addresses and ID choose

More/Financial Partners/Entity Maint/Servicer Query.

ENTITY MAINTENANCE


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This screen automatically loads with all servicers in PEPS. Scroll to the right to

view additional information. From this screen you can click on shortcut buttons to

view basic demographical information on a servicer, and the lenders or guarantors

they service for.


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Servicer Query - Second Screen.


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This is the servicer detail record. There is a Servicer Dtl Rpt button that can be

selected to preview or print numerous information that is contained in PEPS on

the servicer. This report is also available in the Reports screen (PEPSR342). This

is a lender servicer, therefore, you can view the lenders it services. Select the

Lenders button.

Note: This table is maintained in the headquarters office. If you notice a change

that should be made to these records, please provide a note at the following address:

[email protected]. There is an alternative way to access this screen by

choosing More/Financial Partners/Entity Maint/Servicer Detail.


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This information was populated based on the lenders reported in the servicers

audit for the 2002 audit year. Select the Red Door twice to exit to the main

menu.


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Servicer Detail: See page 94.


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Lender Query: To get a list of lender names, addresses, IDs, and associated

lenders choose More/Financial Partners/Entity Maint/Lender Query.


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Enter a criteria to view a list of lenders. In this example we will be requesting all

lenders whose name starts with Chase. Enter Chase % in the Name field

and select the Magnifying Glass button.


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The query produced numerous records. Scroll to the right for additional

information. From this screen, you can click on shortcut buttons to view basic

demographical information on a lender, the portfolio rollup on all associated

lenders and the servicers and guarantors they do business with.


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Lender Query Results - Second Screen.


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Lender Query Results - Third Screen.


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Lender Query Results - Fourth Screen. Scroll back to the left and select the

Detail button of the first record.


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This is the lender detail record. There is a Lender Detail Report button that can

be selected to preview or print numerous information that is contained in PEPS on

the lender. This report is also available in the Reports screen (PEPSR340). Select

the Servicers icon to view the servicers they do business with.

Note: This table is loaded using the data from the LaRS system. There is an

alternative way to access this screen by choosing More/Financial

Partners/Entity Maint/Lender Detail.


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This is a list of related servicers. This information was populated based on the

lenders reported in the servicers audit for the 2002 audit year. Select the Red

Door twice to go back to the query screen.


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Select the Assoc rollup button.


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A record is displayed for the most current calendar year and provides summed

portfolio data for a group of lenders that are associated. Other years can be

displayed by using the scroll bar. Select the Red Door icon twice to exit to the

main menu.


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Lender Detail: See page 103.


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Lender Portfolio Query: To query information such as origination or

outstanding amounts on lenders choose More/Financial Partners/Entity

Queries/Lender Portfolio Query.


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The lender portfolio query will provide portfolio data from FY 1995 through

current. In this example, click in the OPE ID field and enter81079800.

Select the Magnifying Glass


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The following information resulted from the query criteria specified. These

screens provide origination & outstanding dollars that the lender has reported on

their ED form 799, Part V on the old form and Part IV on the new form. Scroll to

the right to see the additional data. Scroll back and select the Dtl to view the

portfolio data for the selected year.

Note: If no records were found and the OPE ID is a valid number, it means the

lender has not filed a ED Form 799 since the first quarter of 1995.


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This is the lender portfolio detail record. It is the same information displayed on

the query spreadsheet. The Association rollup can be viewed on this screen and

the spreadsheet for the year selected. Regular & complex queries can be

performed on this screen as well. Select the Red Door icon twice to return to

the main PEPS screen.


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Lender Portfolio Detail: See page 111.


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Guarantor Query: To query data on guarantors names and ID choose

More/Financial Partners/Entity Maint/Guarantor Query.


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This screen automatically loads the guarantor data. Scroll to the right to view

additional information. From this screen, you can click on shortcut buttons to view

basic demographical information on a guarantor, contacts with the guarantor, and

the servicers and lenders they do business with. Select the Detail button.


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This is the guarantor detail record. Select the Additional Contact icon.

Note: This table is maintained by the regional office. If you notice a change

that should be made to these records, please notify your cognizant regional

office. There is an alternative way to access this screen by choosing

More/Financial Partners/Entity Maint/Guarantor Detail.


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This screen can hold many contacts within the guarantor. Select the Red Door

three times to exit to the main menu.


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Guarantor Detail: See page 115.


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Numerous reports are available to preview on the screen or print directly to the

local printer by choosing More/Financial Partners/Reports.

REPORTS


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Currently there are 29 canned reports available that provide information on program

reviews, audits, default rates and the participants.


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The next few screens are the additional reports that are available in this section.

For a brief description of all reports, see Appendix C.


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There are three remaining reports after scrolling to the bottom of this screen. For

a brief description of all reports, see Appendix C.


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The first report is Review Activity. It lists review activity and dates associated

to reviews for a specified period. The report can be viewed or printed directly to a

local printer from this screen. This is the monthly report that was once sent to

every guarantor. For this exercise select the Preview button on the first report

to go to a parameters screen.


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The parameter screen is used to make the selection criteria for a report. In this

example we will view lender reviews conducted by the ED Region 2 for the

period of 10/01/2001 thru 09/30/2002. Complete the parameter screen as shown

below and select the Green Light. There are three types of reports that can be

selected in this parameter screen.

NOTE: After selecting the Green Light it takes a few moments for the report to

appear on the screen. Please be patient. Pushing numerous buttons could cause the

system to lock up and your User ID will need to be reset.


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The reviews that were conducted during the period specified in the parameters are

listed in this report. It also provides other dates related to the review, the review

type, and deficiency data. Scroll to the right to view additional information.


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Additional pages of the report can be viewed using the arrow buttons. It can be

printed to the local printer or generated to a file so that it can be sent electronically.

To return to the reports screen, select the Red X button. All open report

windows need to be closed, as well.


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The second report is Collected Liabilities-Detail Report. This report

provides information on the amount of money collected on reviews during a

specified period of time. Select the Preview button.


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This parameter screen will retrieve results to view dollars collected on

lender reviews by Region 2 during 10/01/2001 thru 0930/2002. Complete

the parameter screen as shown below and select the Green Light.


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The dollars collected by Region 2 during the period specified in the parameters are

listed in this report. It also provides information on the review and type of

deficiency. Scroll to the right to view additional information.


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Additional pages of the report can be viewed using the arrow buttons. To

return to the reports screen, select the Red Xbutton.


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The third report is Open Reviews w/o Rpt/Issues. This report provides

information on reviews that have been conducted and the reports have not been sent

out. Select the Preview button.


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Enter the following criteria to get a report where a review was conducted and it

has been more than 3 months and the report has not been issued. Enter a date in

the To DT field that is 3 months less than today. After entering the criteria

listed on this screen, select the Green Light button.


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The following report provides information where a review was conducted and as

of the 3-month date the report has not been issued, as well, as other important

information related to the review. Scroll to the right to see additional information.


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Open Reviews w/o Rpt/Issues Report - right side. Select the Red X button to

return to the reports screen.


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The fourth report is Reports Issued and not closed. This report provides

information on reviews where the report has been sent, however, the review has

not been closed. Select the Preview button.

Enter the following criteria to get a list of reviews where the reports were issued


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Enter the following criteria to get a list of reviews where the reports were issued

and it has been more than 6 months and the review remains open. Enter a date in

the To DT field that is 6 months less than today. After entering the criteria on

this screen, select the Green Light button.


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The following report provides information on the entity, dates and deficiencies

associated with the review. Scroll to the right to see additional information.


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Reports Issued & not closed Report - right side. Select the Red X button to

return to the reports screen.


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The fifth report is Summary Activities - Liabilities. This report provides a

monthly summary of liability, penalty, or repayment activity during that month

selected. Select the Preview button.


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Enter the following criteria to view a report of monetary activity for the month of

March 2003 on lender reviews that were conducted by the Department. Select the

Green Light button.


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This report shows that the Department collected liabilities in the month of March

2003. Scroll to the right for additional information.


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Summary Activity - Liabilities Report - right side. Select the Red X button to

return to the standard report screen.

The fifth report is Comparison of Reviews This report provides summary


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The fifth report is Comparison of Reviews. This report provides summary

review information for each fiscal year. Select Preview to go to the parameter

screen.


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Enter the following criteria to view a list of lender reviews that were conducted by

the Dept. of Education from 10/2000 thru 09/2002. Select the Green Light

button to view this report.

The counts in each fiscal year are based on dates that are entered in the review


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The counts in each fiscal year are based on dates that are entered in the review

detail. For example, a review that was conducted in FY 2000 and the report was

issued and closed in FY 2001 will get counted once in 2000 Reviews Conducted,

once in 2001 Reports Issued and once in 2001 Reports Closed. The paid

amounts are based on the date they are received. Scroll to the right to view

additional information.

C i f i i h id S l h b


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Comparison of Reviews Report - right side. Select the Red X button to return

to the standard report screen and then the Red Door button to return to the main

menu.

TABLES


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Lender Association Code: There are numerous tables that populate the LOVs for

certain fields. The first one is the Lender Assoc Code. To view this table choose

More/Financial Partners/Tables/Lender Assoc Code.

TABLES

Note: These tables are maintained by Financial Partners. If you notice a

change that should be made to these records, please provide a note and send to

[email protected]

Many lenders have merged or consolidated with other lenders. This table was


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y g

created to update and track the changes. Select the Magnifying glass to

populate this screen. The lenders in this table are the parent assigned to a group

of lenders and their LIDs. A list of lenders associated with each parent LID can

be obtained in the Lender Query screen. Select the Red Door icon to exit.


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Scope Code: To view this list choose Menu/Financial Partners/Tables/Scope

Code.


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This list is used as an LOV in the Scope area of the Review Detail screen. The

scroll bar signifies there are more at the bottom of the list. Select the Red Door

icon to exit.


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ARL Type: To view this list choose More/Financial Partners/Tables/ARL

Type.


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This list is used as an LOV in the Audit Detail screen. Select the Red Door

icon to exit.


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Review Type: To view this list choose More/Financial

Partners/Tables/Review Type.


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This list is used as an LOV in the Review Detail screen. Select the Red Door

icon to exit.


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Payment Method: To view this list select More/Financial Partners/Tables/

PaymentMethod.


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This list is used as an LOV in the Review Deficiency Detail screen for a paid

obligation. Select the Red Door icon to exit.


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Default Letter Type: To view these letters choose More/Financial

Partners/Tables/Default Letter Type.


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There are three different letters that are used when notifying the guarantors and

lenders of their default rates. Select each type to view the different letters. Select

the Red Door icon to exit.

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