Reporting & Adjusting Direct Loan Data for SULA

Direct Loan Data & SULA

Reporting & Adjusting Direct Loan Data for SULA

SASFAA ? 2017 February 12-15, 2017

Biloxi, MS

Direct Loan Data & SULA

Agenda

SULA Refresher ? The Fundamentals Loan Period & Academic Year Reporting Edits New

Calculator Inquiry/Dispute Process Edits Under Development

Resources

SASFAA ? 2017

2

February 12-15, 2017

Biloxi, MS

Direct Loan Data & SULA

Fundamentals

SASFAA ? 2017

3

February 12-15, 2017

Biloxi, MS

Direct Loan Data & SULA

SULA applies ONLY to first-time borrowers as of July 1, 2013

? A borrower with no outstanding balance on a FFEL/Direct Loan when in receipt of a Direct Loan on or after July 1, 2013

A student who has NEVER previously enrolled A student who had FFELP or Direct Loans (D/L) in

the past, paid them all off, and received a qualifying Direct Loan on or after July 1, 2013

SASFAA ? 2017

4

February 12-15, 2017

Biloxi, MS

Direct Loan Data & SULA

SASFAA ? 2017

5

February 12-15, 2017

Biloxi, MS

Direct Loan Data & SULA

SULA Formula

SASFAA ? 2017

6

February 12-15, 2017

Biloxi, MS

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