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November 10, 2009

 

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Operations Bulletin

USA Funds’ Compliance and Investigations Work Aids Borrowers, Schools, Lenders and Taxpayers
USA Funds®’ compliance and investigations staff members perform a broad range of tasks to assist borrowers, schools and lenders and to combat fraud, waste and abuse in the federal education loan program. Read more.

Net Price Calculator Template Released
The U.S. Department of Education posted a net price calculator template to help schools provide a more realistic estimate of college costs. Learn more about the template and the net price calculator requirement.

Find Servicer Information for Put Loans
Some Federal Family Education Loan Program loans are being put to the Department of Education and are being reported in different formats by their new servicers. Learn more.

USA Funds Update

College & Career Connection College & Career Connections Changing the Learning Environment in Washington, D.C.
Supported by USA Funds, the Washington, D.C., Learning Community — College & Career Connections — is creating a learning culture that motivates youth to graduate from high school and pursue postsecondary education. Read more.

USA Funds Online Products Unavailable During Weekend Enhancements
USA Funds Connection®, USA Funds Debt Manager, USA Funds Loan Counselor®, USA Funds Loan SolutionsSM and OpenNet will be unavailable to school administrators and students from 7 a.m. Eastern time Saturday, Nov. 14, until 5 a.m. Eastern time Sunday, Nov. 15. During these times, USA Funds is enhancing these products to allow schools to monitor students within a three-year cohort window using USA Funds Debt Manager, and to allow borrowers to use additional Internet browsers for any USA Funds Loan Counselor module. Contact your USA Funds Services representative to learn more.