Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A....
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Transcript of Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A....
![Page 1: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/1.jpg)
Session #13Using EDExpress
forDirect Loan Processing
Hands-On
Angela Smith Bob MartinDavid A. Bartlett Jody Sears
Ginger KlockU.S. Department of Education
![Page 2: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/2.jpg)
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Agenda• What is EDExpress?• How Can I Use EDExpress to Process
Direct Loans?– Setting It All Up– How Do I Create All of These Loans?– What About MPNs?– How Do I Get All of These Loans to
COD and Back Again?• Can I Use EDExpress With My School’s
Other Systems?• Where Do I Get Help?• Let’s Get Into EDExpress
![Page 3: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/3.jpg)
What is EDExpress?• App Express:
Interfaces with the FAA Access to CPS Online Web site; import, store, view, and print ISIRs
• Packaging: Package student financial aid awards
• Pell: Create Pell Grant, ACG and National SMART Grant records, and process data through COD
• TEACH Grant: Create TEACH Grant records and process data through COD
• Direct Loan: Create Direct Loan records and process data through COD
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![Page 4: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/4.jpg)
How Do I Process Direct Loans?
In EDExpress you can:• Originate loans• Print MPNs• Create disbursements• Print reports• Send and receive data to/from
COD
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Setting It All Up• COD School Setup
– Enter information about your school• COD System
– Enter your Source Entity ID– Do you want to send DL records to COD
combined with Pell and/or TEACH records?• COD Disbursement Profile
– A different profile for each student group with similar loan periods, academic year, and anticipated disbursement dates
– Will the same profile work for DL, Pell and TEACH?
![Page 6: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/6.jpg)
Create or update Direct Loans by:• Manual Entry
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How Do I Create These Loans?
![Page 7: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/7.jpg)
More Ways to Create Loans
• Also create or update Direct Loans by:– ISIR Import–Packaging Import–External Add/Change Import–Multiple Entry –Rebuild
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![Page 8: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/8.jpg)
What About MPNs?
• EDExpress can determine if a loan should be associated with an existing MPN (linked to an MPN)
• Request that COD print and send to borrower or to school or print MPNs using EDExpress
• Student can also complete online eMPN at dlenote.ed.gov
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![Page 9: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/9.jpg)
To COD and Back Again
• Export Direct Loan origination and disbursement records to a Common Record document file
• Do you want to send DL records to COD combined with Pell and/or TEACH records?
• Transmit to and from COD using SAIG• Import the Common Record response
containing processed results from COD
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![Page 10: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/10.jpg)
To COD and Back Again
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EDExpress and Other Systems?
• Prepare data files from your school’s system using record layouts in the COD Technical Reference, Volume III, Section 3 (Combination System Record Layouts)
• Import the file into EDExpress• Export only the data you need for your
system
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Where Do I Get Help?
www.ifap.ed.gov: • Webinar Training• Computer Based Training (CBT)• Publications
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Where Do I Get Help?
EDExpress: • Desk References• Cover Letters• Installation Guides• Help Text • School Electronic Process Guide
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Where Do I Get Help?
CPS/SAIG Technical Support:• Phone: 800/330-5947 • TDD/TTY services: 800/511-5806 • Email: [email protected] • Representatives are available Monday
through Friday, 8 a.m. to 8 p.m. ET
![Page 15: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/15.jpg)
Contact InformationAngela Smith• 312-730-1552• [email protected]
David A. Bartlett• 816-268-0434• [email protected]
Bob Martin• 214-661-9454• [email protected]
Jody Sears• 202-377-3604• [email protected]
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![Page 16: Session #13 Using EDExpress for Direct Loan Processing Hands-On Angela Smith Bob Martin David A. Bartlett Jody Sears Ginger Klock U.S. Department of Education.](https://reader030.fdocuments.net/reader030/viewer/2022032806/56649f085503460f94c1d4b7/html5/thumbnails/16.jpg)
Let’s Get Into EDExpress
• Three Tracks in Hands-on Exercises–New to EDExpress–New to Direct Loan–Advance Placement
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