SLSC Update

April 22, 2009

SUNYFAP Annual Spring

ConferenceNavigating the Sea of Change

2

General Update – Maria Livolsi– Status of Perkins Changes in FY10 Administration Budget– Status of Perkins Collections– E-Signature Overview

Campus-based Loan Programs – Theresa Van Detta & Chris Whalen– Collections– Receivables– Tax Offsets– Cohort Default Rates

Grants & Compliance – Patricia Baltzel– Pell Statistics– ACG, SMART & TEACH Grants Statistics– Compliance Update

Information Technology – Matthew Hans– Move of SLSC Data Server

Agenda

3

Perkins UpdateAdministration’s FY10 Budget Proposal

Budget Proposal: Adds $5B to the Perkins Program [if funded] increasing the number of recipients and

number of school participants Interest begins to accrue at disbursement - adding $5,000 or more to the loan principal

for undergraduate borrowers taking the maximum loan Eliminates those cancelation benefits unique to Perkins Schools will continue to make determination on student awarding Entrance & exit counseling and loan servicing to be handled by a government contractor Schools would continue to service “old Perkins” loans and retain ICC based on a

weighted average of the historical required match and any extra contributions Administrative Cost Allowance from FWS & SEOG can continue to be used to

administer “old Perkins” until closed Potential incentive-based system for determining school funding allocation [possibly tied

to tuition discounts, retention, performance, etc…]

Alternative Proposals: Increase funding but retain the in-school interest subsidy, the cancellation benefits, & the

beneficial borrower/school relationship which provides greater flexibility to assist borrowers who delinquent or unable to make scheduled payments

Adjust the federal budget rules so that the federal funds invested in Perkins are not treated as one-time monies “spent” without a net present valueDOE to service

Allow schools the option of either retaining the servicing of the loans or choosing DOE to service

4

Perkins collections have declined 48% over past 3 years Contributing Factors:

1. Revenue from loan consolidations has decreased 83% in past 3 years

2. Number of borrowers in repayment decreased more than 50% – Fewer loans were made in the peak year of collections– 61% of borrower population was in enrolled, grace or deferred status

3. The economy - borrowers in past due status is up

Current Status – Some Positive Signs1. Loan consolidations have been steady over the past three quarters

averaging $800,000 per quarter2. Tax offset revenue is up 54% this year3. The number of borrowers in enrolled, grace or deferred status is

down 7%4. The number of borrowers in repayment is up 12% over last year5. Collection agency revenue is up 39% from last year

Status of Perkins Collections

5

E-Signature Overview

Statistics at of 3/31/09

24,000Total E-MPNs Established on the SLSC Website Since Inception

Total MPNs Signed Electronically 18,000

Percentage Signed 75%

Number of Campuses Participating  25

Current Inventory of Paper Notes on Campus (All Programs) 10,294

Number of E-Notes in Enrolled Status 10,082

Total E-Exits Established on the SLSC Website 5,287

Campus E-MPN E-Exit

Albany

Binghamton

Buffalo University

Stony Brook

Downstate Medical Center

Upstate Medical University

Brockport

Buffalo State College

Cortland

Fredonia

Oswego

Old Westbury

New Paltz

Oneonta

Oswego

Plattsburgh

Potsdam

Purchase

Institute of Technology

Empire State College

Alfred

Canton

Cobleskill

Delhi

Farmingdale

Morrisville

Environmental Sci & Forestry

Maritime

Optometry

6

20,545,561

22,840,943

26,937,92527,167,526

27,973,938

30,935,215

27,465,613

18,257,432

16,088,727

$12,000,000

$15,000,000

$18,000,000

$21,000,000

$24,000,000

$27,000,000

$30,000,000

2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 (Projected)

Federal Perkins LoansNet Annual Collections

7

Actual YTD Projected Projected Difference %CAMPUS 2007-08 3/31/09 4th Quarter 08-09 Total Inc/(Decr) ChangeAlbany 1,795,151 1,143,647 381,444 1,525,092 (270,060) -15.04%Binghamton 1,051,470 737,750 222,448 960,199 (91,272) -8.68%Buffalo University 2,426,284 1,761,748 511,225 2,272,974 (153,310) -6.32%Stony Brook 1,096,748 625,808 192,021 817,829 (278,919) -25.43%Downstate Medical Center 1,254,369 961,288 324,909 1,286,197 31,828 2.54%Upstate Medical University 214,092 157,292 43,048 200,340 (13,752) -6.42%Brockport 868,857 609,750 217,848 827,598 (41,259) -4.75%Buffalo State College 1,255,269 727,371 253,997 981,368 (273,902) -21.82%Cortland 378,108 265,382 71,469 336,851 (41,257) -10.91%Fredonia 691,321 396,709 137,490 534,199 (157,122) -22.73%Geneseo 721,623 465,688 156,972 622,659 (98,964) -13.71%Old Westbury 52,576 33,747 13,671 47,418 (5,158) -9.81%New Paltz 595,328 420,479 147,959 568,438 (26,890) -4.52%Oneonta 956,141 582,322 166,042 748,364 (207,777) -21.73%Oswego 717,840 499,235 172,498 671,733 (46,107) -6.42%Plattsburgh 394,223 290,309 101,503 391,812 (2,412) -0.61%Potsdam 558,071 393,314 123,656 516,970 (41,101) -7.36%Purchase 184,132 81,122 33,836 114,957 (69,174) -37.57%Institute of Technology 100,392 84,979 19,854 104,833 4,441 4.42%Empire State College 67,506 27,065 9,573 36,638 (30,869) -45.73%Alfred 421,584 254,432 90,165 344,597 (76,987) -18.26%Canton 374,387 236,642 84,621 321,263 (53,123) -14.19%Cobleskill 268,531 174,111 46,184 220,295 (48,236) -17.96%Delhi 288,568 187,961 65,115 253,075 (35,492) -12.30%Farmingdale 623,146 345,190 133,488 478,678 (144,469) -23.18%Morrisville 269,219 190,224 76,023 266,246 (2,973) -1.10%Environmental Sci & Forestry 188,844 128,932 29,382 158,314 (30,529) -16.17%Maritime 243,182 157,723 75,292 233,015 (10,167) -4.18%Optometry 200,470 183,364 63,412 246,776 46,306 23.10%Total 18,257,432 12,123,583 3,965,144 16,088,727 -2,168,705 -11.88%

Federal Perkins Loan ProgramComparison of Annual Collections

Actual 2007-08 to Projected 2008-09

8

4,47

3,94

7

4,66

9,57

3

3,59

5,43

9

3,36

0,69

3

6,10

8,43

4 6,83

8,10

9

3,53

0,46

8

2,89

8,63

8

5,84

8,74

5

5,65

3,12

8

2,83

0,92

2

2,07

7,98

0 2,90

5,09

9

1,90

6,02

7250,000

1,250,000

2,250,000

3,250,000

4,250,000

5,250,000

6,250,000

July - Sept 2004

Oct - Dec 2004

Jan - Mar 2005

Apr - June 2005

July - Sept 2005

Oct - Dec 2005

Jan - Mar 2006

Apr - June 2006

July - Sept 2006

Oct - Dec 2006

Jan - Mar 2007

Apr - June 2007

July - Sept 2007

Oct - Dec 2007

Jan - Mar 2008

Apr - June 2008

July - Sept 2008

Oct - Dec 2008

Jan - Mar 2009

Student Loan CollectionsQuarterly Consolidation Revenue

| 2004-05 2005-06 2006-07 2007-08 2008-09

9

Loan Consolidation RevenueSeven-Year Comparison

11,523,142

14,621,963

16,099,652

19,375,648

16,410,775

6,436,726

2,453,466

2,000,000

6,000,000

10,000,000

14,000,000

18,000,000

22,000,000

2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 7/08 - 03/09

42%

53%

57%

63%

61%

35%

20%

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July - Sept O ct - Dec Jan - Mar Apr - June Jul - Sept Oct - Dec Jan - MarCampus 2007 2007 2008 2008 2008 2008 Collect2009Albany 53% 47% 28% 15% 24% 29% 16%Binghamton 48% 37% 21% 8% 12% 12% 5%Buffalo University 72% 48% 27% 13% 27% 28% 19%Stony Brook 51% 48% 28% 5% 19% 8% 23%Downstate Medical Center 44% 12% 12% 5% 7% 9% 9%Upstate Medical University 58% 55% 50% 0% 3% 23% 27%Brockport 56% 48% 29% 17% 22% 21% 20%Buffalo State College 65% 63% 29% 31% 33% 31% 33%Cortland 42% 36% 35% 5% 17% 25% 16%Fredonia 55% 50% 31% 3% 25% 12% 16%Geneseo 35% 49% 11% 5% 17% 22% 13%Old Westbury 6% 39% 20% 0% 29% 39% 0%New Paltz 41% 29% 12% 7% 14% 23% 11%Oneonta 64% 50% 41% 13% 31% 15% 21%Oswego 51% 43% 18% 23% 22% 23% 23%Plattsburgh 51% 43% 19% 18% 37% 27% 32%Potsdam 54% 42% 28% 15% 21% 38% 20%Purchase 46% 40% 25% 3% 0% 11% 16%Institute of Technology 47% 70% 64% 36% 31% 68% 28%Empire State College 37% 70% 114% 0% 27% 0% 54%Alfred 49% 70% 20% 19% 16% 20% 21%Canton 53% 33% 8% 23% 30% 18% 16%Cobleskill 58% 37% 21% 6% 33% 19% 8%Delhi 35% 35% 62% 4% 19% 24% 16%Farmingdale 54% 27% 7% 5% 22% 5% 31%Morrisville 60% 32% 6% 25% 33% 28% 29%Environmental Sci & Forestry 48% 46% 46% 7% 30% 4% 17%Maritime 45% 11% 32% 8% 13% 8% 6%Optometry 13% 55% 12% 0% 0% 0% 0% Total 48% 44% 29% 12% 22% 22% 18%

Percentage of Quarterly Collections Resulting from Loan Consolidations

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$6,997,434

$17,213,947

$50,967,511

$29,436,593

$44,251,242

$14,802,183 Enrolled

Grace

Current

Deferred

Past Due

Outside Agency

Account # of Accts. % of A/R as of % ofStatus 03/31/2009 Total 03/31/2009 Total

Enrolled 20,369 29.08% 50,967,511$ 31.14%Grace 11,578 16.53% 29,436,593 17.99%Current 16,583 23.67% 44,251,242 27.04%Deferred 5,961 8.51% 14,802,183 9.04%Past Due 3,589 5.12% 6,997,434 4.28%Agency 11,968 17.09% 17,213,947 10.52%

Total 70,048 100.00% 163,668,910$ 100.00%

Campus-Based Loan ProgramsAccounts Receivable Distribution

March 31, 2009

12

Health Professions Student LoansNet Annual Collections

13

Nursing Student LoansNet Annual Collections

14

Campus Actual YTD Projected Projected Net Increase/ %

2007-08 03/31/09 4th Quarter 08-09 Total (Decr) ChangeHealth Professions:Buffalo - Dental 580,820 358,839 118,104 476,943 (103,877) -17.88%Buffalo - Pharmacy 126,457 94,111 26,635 120,746 (5,711) -4.52%Stony Brook - Dental 27,355 40,002 7,580 47,582 20,227 73.94%Optometry 99,315 62,528 20,204 82,732 (16,583) -16.70%

Subtotal 833,947 555,480 172,523 728,003 (105,944) -12.70%Nursing:Binghamton - Undergrad. 193,128 153,873 51,465 205,338 12,210 6.32%Binghamton - Grad. 7,957 4,780 2,884 7,664 (293) -3.68%Binghamton - NFL 4,727 3,510 1,517 5,027 300 6.35%Buffalo - Undergrad. 100,772 77,088 17,559 94,647 (6,125) -6.08%Buffalo - Grad. 15,124 19,248 3,855 23,103 7,979 52.76%Downstate Medical Center 103,242 66,857 20,111 86,968 (16,274) -15.76%Brockport 118,788 92,966 24,323 117,289 (1,499) -1.26%Plattsburgh 139,378 94,622 45,376 139,998 620 0.44%Institute of Technology 17,324 9,655 9,279 18,934 1,610 9.29%Alfred 124,469 64,619 31,925 96,544 (27,925) -22.44%Morrisville 61,765 35,450 10,877 46,327 (15,438) -24.99%

Subtotal 886,674 622,668 219,171 841,839 (44,835) -5.06%

PCL:Buffalo 246,552 178,365 63,753 242,118 (4,434) -1.80%Downstate Medical Center 598,549 421,746 151,437 573,183 (25,366) -4.24%Upstate Medical University 269,270 224,920 59,250 284,170 14,900 5.53% Subtotal 1,114,371 825,031 274,440 1,099,471 (14,900) -1.34%LDS:Downstate Medical Center 40,173 11,724 4,202 15,926 (24,247) -60.36%Optometry 7,468 5,984 1,626 7,610 142 1.90%

Subtotal 47,641 17,708 5,828 23,536 (24,105) -50.60%

TOTALS 2,882,633 2,020,887 671,962 2,692,849 (189,784) -6.58%

Health Professions and Nursing Student LoansComparison of Annual Collections

Actual 2007-08 to Projected 2008-09

15

Campus-based Loan ProgramsTax Offset Receipts

Month 2005-2006 2006-2007 2007-2008 2008-09July $7,303 $10,979 $12,244 $28,815

August 19,642 8,769 12,243 20,521September 12,260 7,370 7,885 5,126

October 8,105 9,963 12,042 78,862November -1,494 5,155 5,949 22,900December -65 -108 2,578 545January 52,286 85,305 22,578 26,345February 360,573 407,637 57,447 389,711

March 185,059 224,872 433,865 298,8319 Month Totals $643,669 $759,942 $566,831 $871,656

April 202,413 243,610 140,998May 111,423 110,245 333,254June 20,467 0 18,438

3 Month Totals $334,303 $353,855 $492,690 $0

GRAND TOTALS $977,972 $1,113,797 $1,059,521 $871,656

TAXOFFSET PAYMENTS: NYS tax refunds intercepted by the Department of Taxation and Finance

for repayment of defaulted Federal Perkins, Health Professions and Nursing

student loans.

16

2008-09 Cohort Population - 7,121 loans 2007-08 Cohort Population - 10,109 loans Decrease of 2,988 loans (29.5%) from last yearSmaller population significantly influences the default rates

847 loans (11.89%) are 8 or more months delinquent

567 of the 847 defaulted loans (67%) have never made a payment

All of the 567 loan accounts with no payment activity have been assigned to collection agencies

Another multi-campus state school system with 11 campuses has a current cohort rate of 10.3%. This system has run consistently at a 4.5% rate over the past 5 years with this year being their highest cohort default percentage ever.

Federal Perkins LoanCohort Default Rate Statistics

17

03/31/06 03/31/07 3/31/2008 3/31/2009Default Default Default Default Increase/

CAMPUS Rate Rate Rate Rate DecreaseAlbany 2801 12.40% 6.34% 9.49% 14.92% 5.43%Binghamton 2802 5.32% 5.69% 4.67% 9.01% 4.34%Buffalo University 2803 7.32% 7.84% 8.83% 12.34% 3.51%Stony Brook 2805 6.55% 8.39% 7.51% 11.84% 4.33%Downstate Medical Center 2810 0.43% 1.75% 4.91% 3.22% -1.69%Upstate Medical University 2811 0.70% 0.84% 2.97% 1.64% -1.33%Brockport 2815 6.44% 7.58% 6.20% 9.40% 3.20%Buffalo State College 2816 15.41% 15.78% 10.73% 17.50% 6.77%Cortland 2817 4.20% 2.29% 6.55% 8.52% 1.97%Fredonia 2818 5.84% 5.15% 5.81% 9.83% 4.02%Geneseo 2819 3.20% 3.34% 3.79% 4.40% 0.61%Old Westbury 2820 13.15% 10.90% 19.56% 22.72% 3.16%New Paltz 2821 9.27% 5.67% 6.61% 11.65% 5.04%Oneonta 2822 11.48% 7.87% 5.29% 10.34% 5.05%Oswego 2823 10.52% 8.73% 7.96% 13.14% 5.18%Plattsburgh 2824 7.42% 5.08% 7.88% 13.36% 5.48%Potsdam 2825 7.43% 8.60% 6.58% 15.41% 8.83%Purchase 2826 10.14% 7.20% 9.23% 14.28% 5.05%Institute of Technology 2827 15.22% 0.00% 5.30% 20.00% 14.70%Empire State College 2828 17.07% 6.25% 12.90% 5.00% -7.90%Alfred 2835 8.76% 12.43% 10.20% 19.38% 9.18%Canton 2836 12.97% 10.00% 9.82% 10.14% 0.32%Cobleskill 2837 12.50% 8.95% 12.50% 20.00% 7.50%Delhi 2838 13.98% 11.65% 15.38% 18.79% 3.41%Farmingdale 2839 17.09% 19.14% 13.83% 19.67% 5.84%Morrisville 2840 12.75% 17.40% 15.43% 25.52% 10.09%Environmental Sci & Forestry 2855 3.66% 3.48% 3.03% 14.03% 11.00%Maritime 2857 8.51% 3.84% 1.33% 10.12% 8.79%Optometry 2858 0.00% 0.00% 2.04% 0.00% -2.04% SUNY Average 8.43% 7.32% 8.15% 11.89% 3.74%

Four-Year Comparison of Campus Cohort Default RatesMarch 31, 2006 to March 31, 2009

18

Perkins Cohort Default Rates 5-Year Comparison of SUNY to NYS & USA

19

2008-09 (3/31/09) 2007-2008 (Year End)

CAMPUSES Total Net Avg. Total Net Avg. Total NetRecip's Expenditures Award Recip's Expenditures Award Recip's Expenditures

2801 Albany 5,590 $13,933,133 $2,493 5,469 11,960,480$ $2,187 121 $1,972,6532802 Binghamton 4,381 10,705,832 2,444 3,400 10,000,458 2,941 981 705,3742803 Buffalo University 6,261 18,221,192 2,910 6,375 16,348,311 2,564 (114) 1,872,8812805 Stony Brook 6,151 19,033,531 3,094 5,849 17,426,749 2,979 302 1,606,7822810 Downstate Medical Center 61 190,257 3,119 77 203,481 2,643 (16) (13,224)2811 Upstate Medical University 61 173,754 2,848 53 158,765 2,996 8 14,9892815 Brockport 2,363 7,395,648 3,130 2,445 6,629,848 2,712 (82) 765,8002816 Buffalo State College 3,896 12,791,543 3,283 3,820 11,091,842 2,904 76 1,699,7012817 Cortland 1,517 4,703,610 3,101 1,579 4,371,856 2,769 (62) 331,7542818 Fredonia 1,456 4,769,047 3,275 1,457 4,013,906 2,755 (1) 755,1412819 Geneseo 996 3,251,976 3,265 1,054 2,933,139 2,783 (58) 318,8372820 Old Westbury 1,481 4,936,936 3,334 1,606 4,630,383 2,883 (125) 306,5532821 New Paltz 1,492 5,185,235 3,475 1,650 4,968,922 3,011 (158) 216,3132822 Oneonta 1,617 5,000,904 3,093 1,656 4,542,145 2,743 (39) 458,7592823 Oswego 2,804 7,460,253 2,661 3,146 6,872,540 2,185 (342) 587,7132824 Plattsburgh 1,670 5,438,067 3,256 1,749 4,978,321 2,846 (79) 459,7462825 Potsdam 1,390 4,297,224 3,092 1,404 3,962,383 2,822 (14) 334,8412826 Purchase 976 3,308,448 3,390 1,036 3,106,231 2,998 (60) 202,2172827 Institute of Technology 815 2,241,467 2,750 1,147 1,892,074 1,650 (332) 349,3932828 Empire State College 3,815 9,785,564 2,565 3,741 8,535,310 2,282 74 1,250,2542835 Alfred 1,501 4,820,474 3,212 1,505 4,126,323 2,742 (4) 694,1512836 Canton 1,534 4,676,781 3,049 1,557 4,079,644 2,620 (23) 597,1372837 Cobleskill 1,702 3,474,007 2,041 1,605 3,070,032 1,913 97 403,9752838 Delhi 1,169 3,658,760 3,130 1,135 3,263,233 2,875 34 395,5272839 Farmingdale 3,127 4,020,023 1,286 2,605 3,640,386 1,397 522 379,6372840 Morrisville 1,883 6,010,293 3,192 1,783 5,033,669 2,823 100 976,6242855 Environmental Sci & Forestry 409 1,325,627 3,241 411 1,181,827 2,875 (2) 143,8002857 Maritime 331 1,150,266 3,475 330 1,017,849 3,084 1 132,417

SUNY-WIDE TOTALS 60,449 $171,959,852 $2,845 59,644 $154,040,107 $2,583 805 $17,919,745

Increase/(Decrease)

Federal Pell Grant Program2-Year Expenditure Comparison

20

Federal Pell Grant Program5-Year Comparison of Net Expenditures

$143,082,835

$135,791,798

$138,641,108

$154,040,111

$171,959,855

$125,000,000

$135,000,000

$145,000,000

$155,000,000

$165,000,000

$175,000,000

2004-05 2005-06 2006-07 2007-08 2008-09 (3/31/09)

21

$3,750

$4,000 $4,050 $4,050 $4,050 $4,050

$4,310

$4,731

$5,350

$5,550

$3,000

$3,500

$4,000

$4,500

$5,000

$5,500

$6,000

2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 projection

Federal Pell Grant Program Maximum Award Comparison

Over a Ten-Year Period

22

ACG Expenditures ACG Expenditures SMART Expenditures SMART ExpendituresState-operated Campuses 2008-09 (3/31/09) 2007-08 award year 2008-09 (3/31/09) 2007-08 award year

2801 Albany $673,208 $661,869 $457,255 $434,4442802 Binghamton 435,368 576,450 626,190 $607,0312803 Buffalo University 776,376 704,369 460,729 $408,7582805 Stony Brook 647,924 700,231 743,690 $829,7752810 Downstate Medical Center 0 0 0 02811 Upstate Medical University 0 0 0 02815 Brockport 312,468 302,770 46,192 $121,8212816 Buffalo State College 383,525 426,921 177,057 $187,1932817 Cortland 92,322 206,425 21,855 $56,0002818 Fredonia 338,550 292,513 96,928 $84,6092819 Geneseo 156,825 155,546 146,000 $141,3152820 Old Westbury 12,903 8,250 10,685 $12,4172821 New Paltz 204,669 190,325 64,000 $58,0002822 Oneonta 292,871 296,683 200,964 $208,8502823 Oswego 364,778 352,836 175,163 $150,8782824 Plattsburgh 173,428 229,180 41,681 $64,0002825 Potsdam 175,921 203,847 106,069 $136,5572826 Purchase 142,800 134,900 20,385 $34,5522827 Utica/Rome 45,025 48,575 151,120 $134,0372828 Empire State College 1,217 0 16,000 $26,0002835 Alfred 148,256 177,498 137,105 $124,3272836 Canton 75,875 64,212 26,000 $29,5482837 Cobleskill 123,050 76,600 162,716 $148,0002838 Delhi 119,675 103,175 7,895 $7,1152839 Farmingdale 9,750 78,982 42,812 $88,2202840 Morrisville 44,525 68,225 10,000 $80,0002855 Environmental Sci & Forestry 56,347 53,900 176,000 $168,0002857 Maritime 45,475 41,050 40,000 $42,000

TOTALS $5,853,131 $6,155,332 $4,164,491 $4,383,447

Academic Competitiveness and National SMART Grants 2-Year Expenditure Comparison

23

Participating Award ExpendituresCampus Recipients (3/31/09)

Binghamton 0 $0Brockport 38 77,500Buffalo State College 49 115,692Cortland 414 850,797Fredonia 225 604,000Geneseo 6 0Old Westbury 0 0Oneonta 26 90,646Oswego 24 4,000Plattsburgh 45 76,317Potsdam 346 588,386Empire State College 16 31,5002008-09 YTD Totals 1,189 $2,438,838

2008-09 TEACH Grant Program

24

Compliance and Reports

TEACH Grants 2009-10• Entrance Counseling and ATS requirements must be completed online at DOE’s

TEACH Grant Home site https://teach-ats.ed.gov/ats/index.action• Exit Counseling must be completed online at DOE’s Direct Loan Servicing site

https://www.dl.ed.gov/borrower/BorrowerWelcomePage.jsp• Online TEACH Exit Counseling completion summary reports for schools

https://schools.dl.ed.gov/schools/school/logincod.do

COD 2009-10• User access to the COD website https://cod.ed.gov

Contact Patty Baltzel pbaltzel@uamail.albany.edu to have a COD user account established• Campuses must use the 3.0b schema to transmit to and receive records from COD

Complying with new Federal Regulations• Perkins MPN revisions• Perkins Loan program: updated Borrower’s Guides, Annual Loan Disclosure, Exit Repayment

Agreement as well as borrowers information on our SLSC website • Compliance Manual online at http://slsc.albany.edu

Changes to BRIO Report distribution website• BRIO being decommissioned as of June 30th 2009• July 1st new website to access all Pell, ACG, SMART, TEACH Grant and Perkins Loan reports•

Website address and new user passwords are forthcoming for the new host site

25

SLSC Website Resources

Visit the SLSC’s Website: http://slsc.albany.edu

Campuses:Campus User name & Password: 00878800File layouts, compliance guidance, current loan documents & website links

Borrowers: Account access, E-signature access, loan program guides, forms, valuable website links

Email any website suggestions to: mhans@albany.edu

26

SLSC Technology

Student Loan Application Transitioned Off-Site

Previous Setup New Remote Setup

• Server located on UAlbany Campus

• Server Maintained and Backed up by ITS

• No Disaster Recovery

• Slow Response Due to Older Hardware

• Limited Ability to Publish Data to SLSC Web

• Server Located at Remote Location

• Server Maintained and Backed up by ECSI

• More Secure Environment

• Multiple Backups & Disaster Recovery

• Fast Application Response

• SAL Data Published Directly to SLSC Website

• Ability to Take Credit Card Payments Online