OGSLP Direct Loan Transition Resources
We know our school customers are working quickly to ensure systems and processes are ready to originate all loans with a first disbursement on or after July 1, 2010 through the Federal Direct Loan Program, as prescribed in H.R. 4872, the Health Care and Education Reconciliation Act of 2010, which was signed by President Obama on March 30.
As noted during our customer conference calls last week, OGSLP has been gathering information to share with financial aid offices during this transition. To meet your needs, we've added a new segment to the 'School & Lender Support' section on our Web site: Direct Loan Transition Resources. Visit this page to access federal and industry documents, system and software interfaces, publications, FAQ's and helpful links.
We'll keep expanding our transition site as more materials and tools become available. You can also continue to call your OGSLP school representative to discuss information you need to facilitate the transition. We're here to help!