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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)
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