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Session 32
Direct Loan ServicingWeb Site
A New Look with Added Features
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Presenters
Dan HaywardFSA, Students Channel
Cindy BattleFSA, Students Channel
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Agenda
Whats New in Servicing
Borrower Site A New Look with Added Features
A New Look
eServicing Functionality
Entrance Counseling
School Site
Entrance Counseling Reporting
On the Horizon / Whats Coming
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Whats New in Servicing?
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Borrower SiteA New Look with Added Features
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Borrower Site
School Site
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New Look for Borrower Sitewww.dl.ed.gov
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Tour the Site
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Account Summary
Check important
messages
Verify personal
information.
View accountbalance(s).
Check recent
payment
information
Your Account
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View AccountInformation
Select account option
from the left
navigation bar
Account summary Payment history
Payoff amount
Get 1098-E tax
information
Retrieve copies ofelectronic
promissory notes
Your Account
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Manage YourAccount
Select account option
from the left
navigation bar
Update personal
information
Enroll in electronic
correspondence
Apply for deferment
or forbearance Change your
repayment plan or
payment due date
Your Account
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Payments and
Billing Methods
Make online
payment
Enroll to have
payment
automatically
withdrawn from
checking or
savings account
with EDA
Enroll to receiveand view bills
online
Your Account
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Tools and Planning
Exit Counseling
It is important that
your students
understand their
rights andresponsibilities
Complete
the Exit
Counseling
session online.
Your Account
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Tools and PlanningInterest
Capitalization
Estimator
Utilize any one
of the onlinecalculators to
aid in your
students
manage their
student loan
debt
Your Account
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Online Payments
Make a payment
anytime.
Schedule
payments up tosix months in
advance.
Electronic Services
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Online Entrance
Counseling
Direct Loan students
will now take their
online Entrance
Counseling on the
Direct Loan Web site
for borrowers.
Borrowers will not
need a PIN to take
Entrance Counseling,
but will continue to use
the PIN for Exit
Counseling.
Entrance CounselingComing in December
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Schools will be able toreceive reports of
students who have
taken Online
Entrance
Counseling in three
ways:2. Online at the DL
Servicing School
site
3. Via the SAIG
4. Summary report
available via email
Entrance CounselingReports School Site
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Whats Coming?
Dan Hayward
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Coming Soon
s School Exit Counseling
Packaging of Separation Materials
More effective way of communicating with schools whenchanges occur (fast FAX)
Login using COD interface estimated September 2003(until then you will continue to use your LO login)
s Borrower Exit Counseling high balance information page
Late fees
Letter Re-engineering
New combined bill / annual statement and new DL logo
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Coming SoonLetter Re-engineering
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Coming SoonLetter Re-engineering
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Questions or Comments?
We appreciate your feedback andcomments. We can be reached at:
s Dan HaywardPhone: 202-377-3207
Email: [email protected]
s Cindy BattlePhone: 202-377-3261
Email: [email protected]