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National Student Loan Data National Student Loan Data National Student Loan Data National Student Loan Data System Navigation System Navigation

Presented By Presented By QweshaQwesha CoutouCoutou

Debt Management CounselorDebt Management CounselorNova Southeastern University Nova Southeastern University

National Student Loan Data SystemNational Student Loan Data Systemhttps://www.nslds.ed.gov/nslds_FAP/secure/logon.jsphttps://www.nslds.ed.gov/nslds_FAP/secure/logon.jsp

National database of information National database of information

Title IV Loans and GrantsTitle IV Loans and Grants

Centralized, integrated view of complete lifecycleCentralized, integrated view of complete lifecycle Aid approval/guaranteeAid approval/guarantee disbursementdisbursement repaymentrepayment defermentdeferment delinquency delinquency closureclosure

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National Student Loan Data SystemNational Student Loan Data Systemhttps://www.nslds.ed.gov/nslds_FAP/secure/logon.jsphttps://www.nslds.ed.gov/nslds_FAP/secure/logon.jsp

Sources of Information/Reporting Entities Sources of Information/Reporting Entities

Guarantee AgenciesGuarantee Agencies FFELPFFELP

Department of Education Debt Collection ServicesDepartment of Education Debt Collection Services Defaulted LoansDefaulted Loans

Direct Loan ServicingDirect Loan Servicing Direct LoansDirect Loans

Common Origination and Disbursement (COD)Common Origination and Disbursement (COD) Federal Grant ProgramsFederal Grant Programs

National Student Loan Data SystemNational Student Loan Data Systemhttps://www.nslds.ed.gov/nslds_FAP/secure/logon.jsphttps://www.nslds.ed.gov/nslds_FAP/secure/logon.jsp

Sources of Information/Reporting Entities Sources of Information/Reporting Entities (cont)(cont)

Conditional Disability Discharge Tracking SystemConditional Disability Discharge Tracking System Disability Loan InformationDisability Loan Information

Central Processing SystemCentral Processing System Aid Applicant InformationAid Applicant Information

SchoolsSchools Federal Perkins Loan InformationFederal Perkins Loan Information Student EnrollmentStudent Enrollment OverpaymentsOverpayments

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Contact icon links you to the NSLDS contact information page for help by phone or email

Help icon links you to the specific Help page

Exit icon logs you off and returns you to the login page

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Loan Detail

• Loan Number

• Loan Type (Subsidized, Unsubsidized, Perkins, etc)

• Status Type and Date

• School Name and OPEID

• Guaranteed or Approved Amt

• Disbursed Amount

• OPB (Outstanding Principle Balance)

• AGG OPB -

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Loan Detail (cont…)

• Loan Date

•Sep. Loan Ind. (Separate Loan Indicator)

• Loan Period

• Last Disb. Date

• Last Disb Amt.

• Academic Level (A, B. 1, 2, etc)

• Guarantee Agency

• Servicer

Loan Detail (cont…)

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Loan Detail (cont…)

Loan Detail (cont…)

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Loan Detail (cont…)

Loan Detail (cont…)

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Loan Detail (cont…)

Loan Detail (cont…)

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Calculating Aggregate Calculating Aggregate Calculating Aggregate Calculating Aggregate BreakdownsBreakdowns

Aggregate limitsAggregate limits

All students receiving Federal Stafford Loans have All students receiving Federal Stafford Loans have aggregate limitsaggregate limitsaggregate limits.aggregate limits.

Dependent Undergraduate = $31,000 SubsidizedDependent Undergraduate = $31,000 Subsidized

Independent Undergraduate = $57,500 combinedIndependent Undergraduate = $57,500 combined

Graduate = $138,500 combined.Graduate = $138,500 combined.

Select First Professional = $224,000 combinedSelect First Professional = $224,000 combined

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Aggregate limitsAggregate limits

Dependent Undergrad Students Dependent Undergrad Students -- $31,000$31,000

( t t d $ b)( t t d $ b)(not to exceed $23,000 sub)(not to exceed $23,000 sub)

Generally receive $23,000 subsidized and $8,000 Generally receive $23,000 subsidized and $8,000 unsubsidizedunsubsidized

If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by unsubsidized.unsubsidized.

i.e. $10,000 subsidized + $21,000 Unsubsidized = i.e. $10,000 subsidized + $21,000 Unsubsidized = $31,000 total$31,000 total

Aggregate limitsAggregate limits

Independent Undergrad Students Independent Undergrad Students -- $57,500 $57,500 (not to (not to exceed $23 000 sub)exceed $23 000 sub)exceed $23,000 sub)exceed $23,000 sub)

Generally receive $23,000 subsidized & $34,500 Generally receive $23,000 subsidized & $34,500 unsubsidized.unsubsidized.

If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by unsubsidized.unsubsidized.

i.e. $10,000 subsidized + $47,500 = $57,500 totali.e. $10,000 subsidized + $47,500 = $57,500 total

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Aggregate limitsAggregate limits

Graduate Students Graduate Students -- $138,500 $138,500 (not to exceed (not to exceed $65 500 sub)$65 500 sub)$65,500 sub)$65,500 sub)

Generally receive $65,500 subsidized & $73,000 Generally receive $65,500 subsidized & $73,000 unsubsidized.unsubsidized.

If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by unsubsidized.unsubsidized.

i.e. $40,000 subsidized + $98,500 = $138,500 totali.e. $40,000 subsidized + $98,500 = $138,500 total

Aggregate limitsAggregate limits

First Professionals First Professionals (Select)(Select) -- $224,000 $224,000 (not to (not to exceed $65 500 sub)exceed $65 500 sub)exceed $65,500 sub)exceed $65,500 sub)

Generally receive $65,500 subsidized & $158,500 Generally receive $65,500 subsidized & $158,500 unsubsidized.unsubsidized.

If not eligible for full subsidized can be offset by If not eligible for full subsidized can be offset by ns bsidi edns bsidi edunsubsidizedunsubsidized.. i.e. $45,500 subsidized + $178,500unsub= 224,000 i.e. $45,500 subsidized + $178,500unsub= 224,000

totaltotal

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Aggregate limitsAggregate limits

First Professionals First Professionals (Select)(Select) -- $224,000 $224,000 (not to (not to exceed $65 500 sub)exceed $65 500 sub)exceed $65,500 sub)exceed $65,500 sub)

These programs include:These programs include: Osteopathic MedicineOsteopathic Medicine

PharmacyPharmacy

Dental MedicineDental Medicine

OptometryOptometry OptometryOptometry

Doctorate PsychologyDoctorate Psychology

Clinical PsychopharmacologyClinical Psychopharmacology

NSLDS FlagsNSLDS Flags

When NSLDS calculates a student as over When NSLDS calculates a student as over aggregate an Alert Symbol will appear on the aggregate an Alert Symbol will appear on the aggregate, an Alert Symbol will appear on the aggregate, an Alert Symbol will appear on the Loan History Page. Loan History Page.

At NSU alerts received electronically, Conflict flag At NSU alerts received electronically, Conflict flag automatically placed on our system (Banner). automatically placed on our system (Banner).

A t b kd l t d t d t i A t b kd l t d t d t i Aggregate breakdown completed to determine Aggregate breakdown completed to determine whether student actually over aggregate. whether student actually over aggregate.

Exceeds Combined Limit

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NSLDS BreakdownsNSLDS Breakdowns

Completing the aggregate breakdownCompleting the aggregate breakdown

Manual calculation of the individual loans reported on Manual calculation of the individual loans reported on NSLDS. NSLDS.

Various details of NSLDS Various details of NSLDS

Must be familiar with details to complete breakdown Must be familiar with details to complete breakdown accurately. accurately.

Types of loansTypes of loans

Aggregate loan breakdowns are based on Aggregate loan breakdowns are based on Stafford Loans Stafford Loans Stafford Loans. Stafford Loans.

Consolidation, Perkins, Parent Plus and Grad Plus Consolidation, Perkins, Parent Plus and Grad Plus should not be counted towards aggregate limit. should not be counted towards aggregate limit.

Subsidized and Unsubsidized should be added Subsidized and Unsubsidized should be added Subsidized and Unsubsidized should be added Subsidized and Unsubsidized should be added separately. separately. Subsidized totalSubsidized total

Unsubsidized total. Unsubsidized total.

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Other Important DetailsOther Important Details

Status codes are extremely important in Status codes are extremely important in t b kdt b kdaggregate breakdowns.aggregate breakdowns.

Status codes will indicate whether or not to Status codes will indicate whether or not to count a loan. count a loan.

Status codes will indicate which amounts to Status codes will indicate which amounts to calculate (i.e. disbursed amounts or Agg OPB)calculate (i.e. disbursed amounts or Agg OPB)

Types of loansTypes of loans

Using the detail Using the detail

Status Code and date

Aggregate Principle Balance

Disbursed AmountLoan Type

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Common Status CodesCommon Status Codes AL AL –– Abandoned loanAbandoned loan BK BK –– Bankruptcy claim, activeBankruptcy claim, active

CA CA C ll dC ll d CA CA –– CancelledCancelled DA DA -- DeferredDeferred DN DN –– Defaulted, Paid in Full through ConsolidationDefaulted, Paid in Full through Consolidation DP DP –– Defaulted, Paid in FullDefaulted, Paid in Full FB FB –– ForbearanceForbearance IA IA –– Loan OriginatedLoan Originated ID ID –– In school or grace periodIn school or grace period IG IG –– In grace periodIn grace periodIG IG In grace periodIn grace period PC PC –– Paid in Full through ConsolidationPaid in Full through Consolidation PF PF –– Paid in FullPaid in Full PM PM –– Presumed paid in FullPresumed paid in Full PN PN –– NonNon--defaulted, Paid in Full through Consolidationdefaulted, Paid in Full through Consolidation RP RP –– In repaymentIn repayment

What Amounts Count?What Amounts Count?

AL AL –– Agg. OPBAgg. OPB

BK BK –– Agg. OPBAgg. OPB

CA CA –– Do Not CountDo Not Count

DA DA –– Agg. OPBAgg. OPB

FB FB –– Agg. OPBAgg. OPB

IA, ID, IG IA, ID, IG –– Agg. OPBAgg. OPB

PC PC –– Disbursed AmtDisbursed Amt

PM PM –– Do Not CountDo Not Countgggg

DN DN –– Disbursed AmtDisbursed Amt PN PN –– Disbursed AmtDisbursed Amt

RP RP –– Agg. OPBAgg. OPB

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What Amounts Count What Amounts Count (cont)(cont)

PF and DPPF and DPCh k d t f l t tCh k d t f l t t Check date of loan statusCheck date of loan status If within 6 months of active consolidation loan date, you If within 6 months of active consolidation loan date, you

must count the must count the disbursed amountdisbursed amount of this loan into the of this loan into the aggregate totalsaggregate totals

If outside 6 months of consolidation If outside 6 months of consolidation do not countdo not count loan into loan into aggregate totalsaggregate totals

Students have 180 days (6 months) to add a new loan to an Students have 180 days (6 months) to add a new loan to an existing consolidation loanexisting consolidation loan

PN and DN mean paid through consolidationPN and DN mean paid through consolidation

PF and DP mean paid in full (therefore you need to be aware PF and DP mean paid in full (therefore you need to be aware of the date they were paid in full)of the date they were paid in full)