ED’s Electronic Announcements (EAs) on IFAP: PROCESSING FOR 2013-2014

EA – Posted October 18, 2013 – (COD System).  Additional COD System Implementation for 2013-2014 Award Year

In this announcement ED provides information on the enhancements made to the COD System capabilities effective October 27, 2013.  The areas affected by these changes in the COD System impact Direct Loan processing.  Specifically, an expansion of all of the counseling modules at StudentLoans.gov now provides for the availability of the modules in Spanish.  Additionally, now all of the counseling modules on StudentLoans.gov include the required information about the 150% limit on Subsidized Direct Loans.  Finally, the enhancements in this update modified the required data elements and implements a new CPS data-matching for COD Web Quick Credit Checks. As a result of these developments, all authorized users conducting a PLUS credit check via the COD Web site must include student identifier information as well as borrower identifier information and school information to be able to match CPS data across all active CPS award years on file.

 

 

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