Common Origination and Disbursement 2002 PESC Conference Session 2-2 Session Objectives COD: A System of Coalition XML: The Technology Solution The Common Record: A Story of Collaboration Schema: Todays Partnership Tomorrows Plan: Continued Cooperation Benefits of Collaboration Comments, Questions and Feedback Session 2-3 COD: A System of Coalition Kay Jacks solicited input from FAAs What dont you like about the Origination and Disbursement Process? How should the system work differently? Modernization Partners Over 30 business partners Bringing in state-of-the art technology Session 2-4 COD: A System of Coalition Streamline process Record submission Edit processing Make the process faster Allow for change over time (phase-in process) Make system available 24X7 Session 2-5 COD: A System of Coalition Student Applicant Data Origination and Disbursement FFEL FFEL GAs/ Lenders INSTITUTION SOLUTION - Packaged Solution - EDExpress - Homegrown System School Eligibility Data Origination and Disbursement (Pell, Campus-Based, Direct Loans) Loan Servicing Financial Manage- ment NSLDS Version 2.0 PORTAL Student Eligibility/ Demo Common Record Session 2-6 COD: A System of Coalition A integrated processing system for Direct Loan and Pell An optional reporting system for Campus-based programs Web enabled process Available 24X7 Session 2-7 COD: A System of Coalition The Common Origination and Disbursement Breakthrough Session 2-8 COD went Live on 4/27! Session 2-9 XML: The Technology Solution Why did FSA Adopt XML? XML is technology-neutral allowing trading partners to use different technologies in their own applications XML allows schools to use one Common Record between disparate databases or different systems XML allows users to share information seamlessly XML is future-oriented Session 2-10 XML: The Technology Solution XML is the standard language of e- business and the internet XML lets the industry describe virtually any type of data and deliver it across a network XML would allow for easy inclusion of other student financial resource data (FFEL, ISIR, State Grant, etc.) Session 2-11 XML: The Technology Solution XML Bridges the Technology Gap Legacy Systems XML Session 2-12 The Common Record Common because: it replaces the separate record layouts for origination, disbursement and change record it transports different financial aid programs using common elements Record because: all messages or modules combined are a record of the students financial aid Session 2-13 The Common Record Format is student-centric, showing data for multiple financial aid programs in one student complex element The entire common record or only those portions of the common record which changed can be transmitted XML allows the Common Record to be easily changed (extensible) Format is human-readable, facilitating problem solving Session 2-14 The Common Record Document Structure allows you to send data for: Multiple Schools Multiple Years Multiple Awards In ONE Transmission! Session 2-15 The Common Record Schema Structure Session 2-16 The Common Record Developed in cooperation with NCHELP and PESC (Core Components and Technology Workgroup) Made changes to the initial schema in order to receive PESC endorsement Session 2-17 One Schema: Todays Partnership Working with NCHELP (ESC) and PESC (Core Components, Technology Workgroup) Goal that one schema can be used by schools to transmit financial aid data (whether its DL or FFEL info) Session 2-18 Tomorrows Plan: Continued Cooperation ISIR Institutional Student Information Report COD Common Origination And Disbursement NSLDS National Student Loan Data System Using XML and Developing Standards will: Simplify business process and technology for Schools Map data to business processes Utilize open technology supporting future enhancements Award Year Schedule and Phase-in process for the Lending Community and Schools to be determined Award Year Schools Award Year ,000 or more *FFEL expansion expected for Award Year All Schools Phase-in process for schools to be determined * Effort led by FFLEP Session 2-19 Tomorrows Plan: Continued Cooperation Project Kick-off Lifecycle Plan Requirements Development Testing Start XML ISIR Session 2-20 C C O O L L L L A A B B O O R R A A T T I I O O N N S S T T A A N N D D A A R R D D S S T T H H R R O O U U G G H H C C Benefits of Collaboration C C O O M M M M U U N N I I T T Y Y Session 2-21 Benefits of Collaboration Communities have more commitment to their members than service delivery systems have to their clients Communities understand their problems better than service professionals Professionals and bureaucracies delivers services; communities solve problems Institutions and professionals offers service; communities offer care Session 2-22 Benefits of Collaboration Communities are more flexible and creative than large service providers Communities enforce standards of behavior more efficiently than bureaucracies or service professionals Communities focus on capacities ; service systems focus on deficiencies Session 2-23 Comments, Questions and Feedback Session 2-24 Contact Information Paul Hill Phone: (202) Fax: (202) Holly Hyland Phone: (202) Fax: (202)