Eric Hardy and Bessie Sipple-Asher | Dec. 2015

U.S. Department of Education

2015 FSA Training Conference for Financial Aid Professionals

NSLDS UPDATE 2015

Session 9

Agenda

• What is in NSLDS?• Changes Made in 2015• NSLDS Planned Enhancements

2

What is in NSLDS for Schools?

3

Timeliness of Reporting

4

Borrowers* Loans* % Loans Updated in Last

30 Days*

Total on NSLDS 44.0 million 194.5 million 88.68%

Federal (TIVAS and NFPs) 30.3 million 141.1 million 97.88%

Commercial (GAs) 12.5 million 33.0 million 96.70%

Campus-Based 2.7 million 4.0 million 60.26%

* As of 2015-11-01

Frequency of Reporting

5

Data Provider Frequency

COD and SL.gov Daily

CPS Daily

FSA Web Enroll Daily

Federal Loan Servicers Weekly

DMCS and TPD Weekly

Guaranty Agencies Weekly, Bi-Weekly or Monthly

Perkins Schools and School Servicers Monthly

School Enrollment Monthly or Every 60 Days

Gainful Employment Annually

NSLDS Changes Made in 2015

6

NSLDS Changes 2015 • Reaffirmation Reporting• Enrollment Reporting Statistics• Loss of Subsidy• New Reports/Templates (Perkins, Enrollment, Exit Counseling)

• Software Upgrades and Import Tools• Public Service Loan Forgiveness• FSA ID• GE Program Tracker and Completers List

7

ReaffirmationReaffirmation is the process by which a student who inadvertently over-borrows may regain eligibility for Title IV aid by making satisfactory repayment arrangements in writing with their loan holder.•Processing Reaffirmations:

• Before: School Student Loan Holder Student School• After: School Student Loan Holder NSLDS

• April 2015: NSLDS began collecting Reaffirmation data.

8

Total Reaffirmed Borrowers on NSLDS*

Total Reaffirmed Loans

on NSLDS*

6,253 8,342*As of 2015-11-23

Reaffirmation• NSLDS alerts users to the presence of reaffirmation data with the use of icons

• The “Reaffirmation(s)” informational icon displays for a borrower when an active reaffirmation is reported on one or more loans

9

Reaffirmation• An “R” reaffirmation icon displays next to the Loan Detail

button on the Loan History page for a reaffirmed loan

• Clicking on the “R” icon takes the user to the Reaffirmation History page for the corresponding loan

10

Reaffirmation

• Reaffirmation records display in descending order by Reaffirmation Begin Date• Newsletter #48 details how to use Reaffirmation data on NSLDS Professional Access along with

Prescreening and Postscreening codes

11

Enrollment Reporting Statistics• In March 2015, FSA began an outreach campaign (e-mails and phone calls)

to schools that had not yet reported Program-level Enrollment

• In July 2015, NSLDS released the Enrollment Reporting Statistics web page• Available to all school-users associated to that school• Generated on the third Wednesday of each month• Designed to emphasize the “completeness” of reporting not just the timeliness

12

Enrollment Reporting Statistics

13

Enrollment Reporting Statistics

Start Date Beginning of the evaluation period

Evaluation Date End of the evaluation period and date the evaluation is performed

Students in Portfolio Number of students on the school’s roster as of the start date

Students CertifiedNumber of students on a roster as of the start date which were certified at least once on or before the evaluation date

Students Certified with Program Enrollment Number of students on a roster as of the start date that was certified with a program at least once on or before the evaluation date

Percent Certified Students Certified divided by Students in Portfolio

Percent Certified with Program Enrollment Students Certified with Program Enrollment divided by Students in Portfolio

14

Enrollment Reporting Statistics

Start Date Beginning of the evaluation period

Evaluation Date End of the evaluation period and date the evaluation is performed

Roster Records ReturnedTotal number of records the school submitted between the Start Date and Evaluation Date

Roster Records in Error ReturnedTotal number of records returned to the school for an error between the Start Date and Evaluation Date

Roster Error Percent Roster Record in Error Returned divided by Roster Record Returned

15

Enrollment Reporting Statistics

16

Warning icons will display under the following conditions:• The school location has, as of the most recent calculation, failed to

achieve the minimum threshold for certifying students in its portfolio

• The school location is currently late in responding to a roster sent by NSLDS. A late letter has been sent and no roster has been received after the late letter was sent

• The school location has failed to achieve the minimum threshold for certification and is currently late responding to a roster

Enrollment Statistics Report

17

The Enrollment Statistics Report (ENLST1) includes information about completeness and quality of the enrollment reporting provided by schools participating in federal student aid.

Loss of Interest Subsidy (150%)

LOS is based on Enrollment Reporting by schools to NSLDS.

18

Loss of Interest Subsidy (150%)

19

• In July 2015, NSLDS implemented functionality to identify borrowers who lost eligibility for interest subsidy on their Direct Subsidized Loans

• Inquiries should be submitted online via COD

Total Number of Loans

that have Lost Interest Subsidy

Total Number of Borrowers

that have Lost Interest Subsidy

Total Number of Schools

that have a loan that has Lost

Interest Subsidy

50,258 23,774 3,424

* As of 2015-11-23

Perkins Reconciliation Report• Released in July 2015• Perkins Reconciliation Report (REC005)• Provides school users with an extract file containing

information on campus-based loans they currently service• Ad-Hoc Report – one time report delivered to the SAIG mailbox (TG Number) associated

with the User ID requesting this report• Scheduled Report – automatically distributed on a monthly basis to a designated SAIG

mailbox

• Message Class: SCHRECOP

20

Exit Counseling Spreadsheet UpdateIn October 2015, the Exit Counseling Spreadsheet submittal template was updated to accept both .xls or .xlsx formats

•Allows users to upload and submit to 2,500 records/rows of data at a time, with a maximum file size of 1,000 KB

•With the new template the NSLDSFAP website allows users to validate data within their Exit Counseling Spreadsheet before submitting to NSLDS

•The submittal template is available on http://www.fsadownload.ed.gov

21

Public Service Loan Forgiveness

22

• NSLDS began displaying the cumulative number of matched months in October 2015

• The PSLF Servicer will begin updating this value weekly in December 2015

LRDR and SPR Import Tools

23

NSLDS released an import tool that allows schools to easily import a fixed-width version of reports into Microsoft Excel.

March 2015—Loan Record Detail Report (LRDR) http://ifap.ed.gov/eannouncements/031115LoanRecordDetailReportLRDRImportTool.html

June 2015—School Portfolio Report (SCHPR1)http://ifap.ed.gov/eannouncements/062215SchoolPortfolioReportImportTool.html

FSA IDIn May 2015, a Username and Password replaced the Personal Identification Number (PIN) for students, parents, and borrowers to log into NSLDS.

24

GE Program Tracking• In July 2015, NSLDS released the

GE Program Tracking List

• Displays a unique list of GE programs and their sources, for an institution

• Institutions are required to update the program status

25

GE Program Tracking

26

• NSLDS also released a companion report to GE Program Tracking functionality

NSLDS Planned Enhancements

27

GE Completers List

• NSLDS will release the GE Completer’s List very soon• Contains students who have completed a GE program• Draft and Final GE Completers List:

• Students and GE Programs as reported to NSLDS by a school

• Final GE Completers List:• Updates made by DCAS based on a school’s approved challenge

28

GE Completers List• GE Completers List

(GEPDC1)

• Contains students who have completed a GE program

29

Year-End Acknowledgement• PDPAs must confirm active SAIG mailboxes annually or all users in their

organization risk losing access• Access to these accounts will be removed if not validated within specified period

• Affects access to NSLDS & Title IV aid reporting:• All Online capabilities• NSLDS Batch Services• Enrollment Reporting• Perkins Reporting• TSM/FAH Reporting• eCDRs

• Deadline to validate is DECEMBER 11, 2015

30

Student Eligibility 2016-17• ISIR and SAR

• No new fields • No new codes added to existing fields

• Transfer Student Monitoring/Financial Aid History• Updated guide published on November 22, 2015• Added Reaffirmation Codes

31

Unusual Enrollment History (UEH)• Updating the logic used to flag students with Unusual

Enrollment History• Adding logic to account for students that move from undergraduate

studies to graduate studies• Better account for schools that merge from one school code to a new

school code• Applicable for 2015-16 and 2016-17 in January 2017• No new codes or fields added to the ISIR

32

Website Enhancements

33

• In December 2015, NSLDS will make several enhancements to the Loan information displayed on NSLDSFAP

• Changes are applicable to federally-serviced loans only• Changes will be phased in starting in December 2015 through January

2016

Website Enhancements

34

• Last Payment Date will be replaced with Next Payment Due Date in the Details for Loan block

Website EnhancementsRepayment Plan will include:•Disclosure Date – date which the servicer distributed the disclosure of repayment terms to the borrower for the loan

• 1st Payment Due Date –first payment due following the disclosure date

• IDR Plan Anniv. Date – date a borrower will be reevaluated for IDR based on the date when the borrower entered the current IDR plan

35

Website Enhancements• NSLDS will begin to collect and display summarized

payment data

36

Website Enhancements• Discharge Partial/Full

Indicator – indicates if the discharge record reported is a partial or a full discharge of the loan

• Forgiveness Partial/Full Indicator – indicates if the forgiveness record reported is a partial or a full discharge of the loan

37

New Income-Driven Repayment Plan

Revised Pay As You Earn (REPAYE) – • Available to Direct Loan borrowers• Excludes Parent PLUS and consolidation loans containing a Parent

PLUS loan• Payment based on 10% of discretionary income• Forgiveness:• 20 Years - Borrowers with undergraduate loans only• 25 Years - Borrowers with undergraduate and graduate loans or just graduate loans

38

NSLDSFAP Website Enhancements

• Repayment Plan Types:• I5 - Borrowers in REPAYE • J5 - Borrowers that have been

removed from REPAYE and currently under a Post-REPAYE-Alternative-Fixed repayment plan

39

NSLDSFAP Website Enhancements• Forgiveness Types :

• R8 - Borrowers eligible for forgiveness under REPAYE for undergrad loans after 20 years

• R9 - Borrowers eligible for forgiveness under REPAYE for undergrad and graduate loans, or just graduate loans after 25 years

40

Borrower Defense• Borrower Defense

• Borrowers may be eligible for a Direct Loan discharge if a school commits fraud or violates state law related to their loans or the educational service paid for• New discharge types coming soon

41

School Portfolio Report Updates• Changes to be released in December 2015• Updated record layout will be available

http://ifap.ed.gov/ifap/byNSLDSType.jsp?type=NSLDS

42

Student Access (SA) Enhancements

43

Fields to be added to Student Access:•IDR Plan Anniversary Date•Most Recent Payment Effective Date•Cumulative Payment Amount•Current Repayment Plan•PSLF Cumulative Matched Months

Enrollment Reporting Monitoring• Enrollment Reporting Statistics

• Focus on roster completion, specifically Percent Certified with Program Enrollment

• Statistics are updated the 3rd Wednesday of each month• Available to all school users

44

Enrollment Reporting Monitoring• Compliance Letters

• Escalating letters will be sent for non-compliant schools in early 2016• Schools who fall below 90% of the portfolio certified with a program will be notified for

non-compliance• The 90% threshold is considered minimal and may be increased in the future

• Schools who do not improve their performance will be referred to FSA Program Compliance for action after receiving two notifications

45

Enrollment Reporting Monitoring

Schools with a

Portfolio of Students

Total Number of Students

Total Number of Students

Certified

Total Number of Students

Certified with a Program

% Certified with a

Program

July 2015 5,988 15,557,975 14,272,584 11,916,574 76.59%

August 2015 5,992 15,728,268 10,302,038 7,799,829 49.59%

September 2015 5,984 15,345,557 9,072,052 6,493,037 42.31%

October 2015 5,987 15,458,545 13,470,389 10,646,592 68.87%

November 2015 5,975 17,379,037 16,471,682 13,382,293 77.00%

46

NSLDS strongly encourages schools to review their enrollment statistics

Enrollment Submittal File Tracking• NSLDS will be releasing the Enrollment Submittal File

Tracking page in Spring 2016 to help schools track their Enrollment Files• Will include inbound Enrollment Files and outbound Roster Files

47

Program-Level Enrollment History• Today, schools can only see the most recent status for

each program reported for a student

48

Program-Level Enrollment History• In Spring 2016, NSLDS will create the ability for schools

to view all program history reported for a student

49

Program-Level Enrollment History• Schools will be able to drill down to individual school

certifications for each student

50

51

Enrollment Submittal Tracking

Enrollment Updates• Expected to be released Summer 2016• Mass Push to Roster

• Online users will be able to push all students with previous participation on the enrollment roster to the most current roster for a school location. This functionality will assist schools in correcting erroneously reported data to NSLDS

• Late Enrollment Certifications Report• The new Urgent/Late Ad-Hoc Report will assist schools in making sure enrollment

data is reported for students in a timely manner. Online users will be able to request the Urgent/Late Ad-Hoc Report on the NSLDSFAP web site and retrieve it from their SAIG mailbox. The report will use the same layout as the Enrollment Roster

52

Enrollment Updates• Expected to be released in Summer 2016• Upcoming changes to Enrollment Maintenance

• Update selection criteria to display students “with programs” or “without programs”• Create a sort that displays oldest Certification Dates first• Add a warning icon next to students that have not been certified in more than 65 days• Add an icon to indicate if a row if sourced from COD or a school

• New Edits• Create reasonability edits between Credential Level and Published Program Length• Create reasonability edits on Program Begin Date to ensure the date is not more than 20

years in the past

53

New Scheduled School Reports• NSLDS will be adding four additional reports to list of reports that can

be scheduled:• Borrower Demographic Report• Date Entered Repayment Report• 36 Month Repayment Info Loan Detail• Borrower Default Summary Report

• Will also be available in CSV for both ad-hoc and scheduled in unique message classes

• Expected to be available in Summer 2016

54

‘Org’ Tab – Current View

55

Organization Setup Page• NSLDS will be creating a new “one stop shop” Organization

Profile Setup page Schools will be able to:

• View and establish scheduled reports• Update their Organization Profile (i.e. TSM setup)• View fsawebenroll.ed.gov batch services

• Expected to be available in Summer 2016

56

Institutional Cohort Default Rate• Changes for Cohort Year 2013 (draft release in February 2016)

• CDR Notification Letter will be available on NSLDSFAP• Loan Record Detail Reports will be available in .CSV on an ad-hoc basis• Removal of loans from numerator where the effective date of a bankruptcy, ID

theft, disability or veteran's disability discharge is earlier than the date of default

• Changes for Cohort Year 2013 (official release in September 2016)• NSLDS will push the .CSV version of the LRDR out with the CDR Rate

Notification letter

57

Program Cohort Default Rate • NSLDS will begin to calculate a Program Cohort Default

Rate for GE Programs

• First calculation in early 2017 for Cohort Year 2014

• Schools will be sent Program CDR Notification Letters and backup detail to their GE TG mailbox

58

PLUS Cohort Default Rate • NSLDS will begin to calculate a Cohort Default Rate for

Parent PLUS and Graduate PLUS borrowers

• First calculation in early 2017 for Cohort Year 2014

59

Adding Organization Contact

60

Adding Organization Contact

61

Adding Organization Contact

62

QUESTIONS?

63

NSLDS Contact Information

64

Customer Support Center:• Phone: 1-800-999-8219• Toll: 785-838-2141 • Fax: 785-838-2154• Web: www.nsldsfap.ed.gov • E-mail: nslds@ed.gov