Direct Loan Tools

Agenda

• General Functionality • Download and

Installation • Setup • External Import • Internal Ending Cash

Balance Report

• School Account Statement

• Print • Compare • Rebuild • Help • Software Simulation

DL Tools General Functionality

• Multi-year application developed to process data for multiple program years − Tools Release 11.0 contains functionality for the

2009-2010, 2010-2011, and 2011-2012 cycles

• Tools provides the designed to provide the

following functionality: − Cash Management − SAS − Rebuild

Downloading Direct Loan Tools Direct Loan Tools Release 11.0 software available

on www.fsadownload.ed.gov

Downloading Direct Loan Tools www.fsadownload.ed.gov

Installation Cover Letter & Installation Guide

Installation

Select the type of setup best for your school – refer to Installation Guide.

Reminder: Backup your existing DL Tools databases before installing new releases!!

Initial Login

User ID: SYSADMIN Password: SYSADMIN Next establish your own User ID(s) and Password(s)

Opening Tools Initially

Setup: Security Users

Security Users

System Setup

One time simple setup

required

Populating Direct Loan Tools Populate Direct Loan Tools with:

• Cash data from the school

− Manual, or − External import

• Cash data from COD (from the School Account Statement)

• Loan/disbursement data from the school − EDExpress (populated automatically by DL Tools), or − External import

• Loan/disbursement data from COD (from the School Account Statement)

Cash Management - Manual

External Imports Record Layouts for Imports found in COD Technical Reference, Volume IV, Section 3: • Cash Detail

External Add • Loan Detail

External Add • Disbursement

Detail External Add

Cash Management – External Import

Import External Disbursements

Import External Disbursements Import Edit Report

Internal Ending Cash Balance Report Run before monthly reconciliation with COD

Internal Ending Cash Balance Report – Cash Detail

Internal Ending Cash Balance Report - Summary

School Account Statement (SAS)

• Monthly statement listing the school’s DL processing activity as reported to (and accepted by) COD

• Receive Loan (DSLF) or Disbursement (DSDF) data

• Each SAS import overwrites previous SAS information stored in the Direct Loan Tools database

Lucky School of Veterinary Medicine

SAS Options - COD

Importing the SAS

SAS Import Edit Reports: Cash Summary, Cash Detail, Loan Detail, Disbursement

Detail

Printing in Direct Loan Tools • Many reports,

including those with imported SAS data can be printed

• Refer to COD Technical Reference, Volume IV, Section 4

SAS Monthly Cash Summary

SAS Year-To-Date Cash Summary

SAS Year-To-Date Disbursement Summary

Printing SAS Cash Detail

SAS Cash Detail

Printing SAS Loan and Disbursement Detail

SAS Loan and Disbursement Detail

DL Tools Compare Functionality

Cash Detail Comparison

Disbursement Detail Comparison

Disbursement Detail Comparison: Booked Records that are Matched

Disbursement Detail Comparison: Booked Records that are Unmatched

Disbursement Detail Comparison: Unbooked Records that are Matched

Disbursement Detail Comparison: Unbooked Records that are Unmatched

Rebuild

• Reconstruct all or some of your Direct Loan Records

• Request file online in COD

DL Tools Help • Tools Help assists with

system setup, details regarding use of the software, and more

• General help from the menu bar and field help is pressing the F1 key

• Help Topics – How Do I … ? – What’s New in DL

Tools? – System Information – Customer Service – About Direct Loan

DL Tools Help Text: How do I?...

Help Text: “How do I?”...

DL Tools Technical Assistance

CPS/SAIG: Phone: 800/330-5947

TDD/TTY services: 800/511-5806 Email: CPSSAIG@ed.gov

Representatives are available Monday through

Friday, 8 a.m. to 8 p.m. ET

COD Technical Reference

Volume IV – Direct Loan Tools

• 2011-2012 – Release 11.0

• 2012-2013 – Release 12.0

Direct Loan Tools Simulation

Direct Loan Tools - Ed

Documents

Direct Consolidation Loan Verification Certificate (PDF) · Direct Consolidation Loan Program (Direct Consolidation Loan Program) enables borrowers to apply for a Direct Consolidation

Session 272 DL Tools for DL Schools Session 273 Direct Loan Tools Introductions Misty Parkinson, U.S. Department of Education/ FSA Bob Berry, U.S

The Direct Loan MPN 2 and the Direct PLUS Loan MPN 2—The Direct Loan MPN and The Direct PLUS Loan MPN 8–43 FSA BB June 2013 The MPN does not include specific details concerning

Session #8 Direct Loan Reconciliation - IFAP: Home · Direct Loan Reconciliation. The process by which the Direct Loan Cash Balance recorded on the Department of Education system

Direct Loan Reconciliation - SASFAA · Direct Loan Reconciliation – Action Direct Loan Reconciliation in a “nut shell” •Regular and frequent internal reconciliation Routine

Session 21-2 Session 23 Direct Loan Tools Session 21-3 Direct Loan Tools Version 1.0 n Introductions n Questions n Evaluations

Americash Advanced Direct Loan

SUMMER 2009 DIRECT STAFFORD LOAN FACT SHEET FOR …SUMMER 2009 DIRECT STAFFORD LOAN FACT SHEET FOR GRADUATE STUDENTS The Federal Direct Stafford Loan is a low-interest loan available

Business Model Choices for Government IIIT-H. Tools… Goods and Services Direct Loans Income Support… Direct Government Contracting Grants Loan Guarantees

Direct Consolidation Loan Request to Add Loans › app › images › RequestToAddLoans.pdf · Direct Consolidation Loan Request to Add Loans William D. Ford Federal Direct Loan

Direct Loan Tools Release 21.0 Reports VOLUME IV SECTION 4

DIRECT LOAN CONSOLIDATION

Session 40 A Hands-On Tour of the Direct Loan Tools Software Bob Tschinkel

150% Direct Subsidized Loan Limits

2 Session 18 Direct Loan Update 3 Direct Loan Processing Overview ALL SCHOOLS Direct Loan origination and disbursement data is processed by COD beginning

Federal Direct Consolidation Loan Application and ... · PDF fileFederal Direct Consolidation Loan Application and Promissory Note William D. Ford Federal Direct Loan Program OMB No

DIRECT LOAN - Karnataka

Loan Counseling Tools

Direct Loan Data & SULA - SCASFAA · Direct Loan Data & SULA 35 SCASFAA April 2-5, 2017 Myrtle Beach, SC . The Direct Subsidized Loan Usage Screen • Subsidized Usage Calculator

150% Direct Subsidized Loan Limit