 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 |
|
 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Inside
Campus Partners
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1. |
For loan status 91 (disability cancellation), 92 (bankruptcy cancellation), or 96 (death cancellation) where the reprocessing date, paid-out date and the last monetary activity date are all over two years in the past. |
2. |
For loan status 94 (automatic write-off) or 95 (manual write-off) where the reprocessing date, paid-out date and the last monetary date are all over five years in the past. |
| 3. |
For loan status 90 (paid-in-full) where the reprocessing date, paid-out date and the last monetary date are all over twenty-four months in the past. |
4. |
All year to date paid fields are equal to zero. |
5. |
Calendar year interest paid is equal to zero. |
6. |
Calendar Year Capitalized Balance Paid must equal 0.00 before a loan can be archived. |
| 7. |
TRA Prior Year Interest Paid must equal 0.00 before a loan can be archived. |
8. |
Prior Year Interest Paid must equal 0.00 before a loan can be archived. |
Note: Loans are archived at the borrower level. Therefore, all loans for a borrower must meet the above criteria before any loans for that borrower can be archived. This includes loans that a borrower has with different lenders or loans that a borrower has with the same lender.
Did
We Pass Our Test?
This is the question we ask ourselves after every disaster recovery
test. We perform a disaster recovery test twice a year on the
technology we use to provide you information. On February 19 through
21, we tested the Disaster Recovery Plan to see if we could connect
our Web sites to the recovered mainframe. We were successful in
doing this while continuing to provide you with the level of service
you expect from us. As with any test, we find new ways to ensure
our level of service to our customers will continue, even if a
disaster strikes. These tests are an ongoing commitment we provide
our customers in maintaining reliable, effective processing services.
On-line
Update
Starting this month, the Update will be an on-line publication
only. If you routinely access the Update on-line, please remind
other staff members in your office of its availability. If you
prefer to read a paper copy, you can download the PDF file and
it will look just like the Update that you formerly received in
the mail each month.
We will also remind you via e-mail when the latest Update is posted to our Web site and include an active link so you can access the Update immediately. If you did not receive an e-mail reminder this month, but would like to add your name to our e-mail notification list, please e-mail your School Relations Coordinator or Debra Pitts, School Relations Assistant at dpitts@campuspartners.com.
Preparing
for Exit Interview Season
As you prepare for exit interviews with student borrowers leaving
your institution, we
want to remind you of the availability of our exit interview services.
We can provide
complete Exit Interview Packages for scheduled exits and an on-line
Exit Interview
feature through DataLink for drop-in students who give little
warning that they are leaving school. .
If you are not using our exit interview services or need more information about them, please contact your Customer Service Representative.
Student loan administrators from the Art Institute of California-Los Angeles, the Art Institute of New York, Asbury Theological Seminary, Circleville Bible College, Ferrum College, Guilford College, Methodist College, Pfeiffer University, and Winthrop University attended Student Loans 101 held earlier in March.
The workshop, designed for less experienced student loan administrators or those new to Campus Partners, will be offered again on July 8-9, 2004 in Winston-Salem. If you are interested in registering for the workshop, please contact Debra Pitts at 1-800-458-4492, ext. 2272, or via e-mail at dpitts@campuspartners.com.
Other workshops scheduled for the year include Student Loans 202, our training class for more experienced customers, which will be offered on May 13-14, 2004 and October 7-8, 2004. Registration materials are attached.
Attachment: Workshop Flyer and Registration Form
Teleconference
Schedule
Thinking about participating in one of our teleconferences, but
don’t know how to sign up? Just e-mail Debra Pitts at dpitts@campuspartners.com
at least three days before the scheduled teleconference to register.
She will notify you of the telephone number that you need to call
in a return e-mail. It’s free and is well worth your time
to learn more about different aspects of servicing student loans.
Offering this training gives us the opportunity to reach student loan administrators who cannot attend a Student Loans 101 or 202 session in Winston-Salem. Each teleconference is geared towards understanding a particular topic and is an opportunity to gain new insights, ask questions of Campus Partners staff, and hear helpful suggestions from other schools.
We look forward to continuing this service for all our customers.
2004 Teleconference Training Schedule
| April 12, 2004 | 2:00 p.m. ET |
| Cohort: What is it? How Do I Manage It? | |
| May 10, 2004 | 2:00 p.m. ET |
| eXpressReports | |
| June 2004 | |
| No teleconferences are scheduled for June. | |
| July 12, 2004 | 2:00 p.m. ET |
| FISCOP | |
| August 9, 2004 | 2:00 p.m. ET |
| Where Do I Start? A Month-to-Month Checklist | |
| September 13, 2004 | 2:00 p.m. ET |
| Open Topic | |
| October 4, 2004 | 2:00 p.m. ET |
| 10 Things to Know about Student Loans | |
| November 8, 2004 | |
| Open Topic | |
| December 13, 2004 | 2:00 p.m. ET |
| What are Perkins Loans and How Campus Partners Helps? | |
Regional
Meetings
Join us at one of our Regional Meetings this year held at campuses
across the country. You’ll have a chance to find out the
latest information from your School Relations Coordinator and
share insights with other student loan administrators in your
area. If you are interested in hosting a meeting on your campus,
please contact your School Relations Coordinator.
|
|
|
|---|---|---|
|
|
University of Richmond |
|
|
Rollins College |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Representatives
from Campus Partners will attend the conference listed below.
The Colorado Association of Administrators of Student Loan Accounts Receiveable (CAASLAR) Conference will be held on April 22-23 at the Antlers Adam’s Mark Colorado Springs. Please visit www.caaslar.org for more information.
Cutoff
dates for April and May 2004 are presented below:
Transaction |
April 2004 |
May 2004 |
|---|---|---|
| Last day to receive collection payments | 04/27/04 |
05/25/04 |
| Last day to receive regular payments | 04/28/04 |
05/26/04 |
| Last day for online payments | 04/30/04 |
05/28/04 |
| Date final post begins | 04/30/04 |
05/28/04 |
| Report date used for final post | 04/30/04 |
05/31/04 |
| Last day deposits created for deposit to bank account | 04/30/04 |
05/28/04 |
| |
||
|
||
