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Session GA02

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... cancellations, repayment dates, status changes, reinsurance, collections, etc. ... Debt Management Collection System (DMCS) ... – PowerPoint PPT presentation

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Title: Session GA02


1
Session GA-02
  • Electronic Services For The Future
  • Ron Bennett
  • Dwight Vigna
  • U.S. Department of Education

2
Agenda
  • Federal Student Aids Target State Vision
  • FFEL data standards initiative
  • Debt Recovery and Resolution (Debt Recovery) and
    Total and Permanent Disability (TPD) initiative

3
Target State Vision
  • Federal Student Aid embarked on a major business
    and systems reengineering effort
  • As part of this effort, developed a Target State
    Vision (TSV)
  • The two initiatives presented here today support
    the TSV
  • The following slide presents a graphical
    depiction of the TSV

4
Target State Vision
Debt Recovery and TPD Initiative
FFEL Data Standards Initiative
5
IF Architecture
6
FFEL Data Standards Initiative
7
Approach
  • Phase I - Internal Analysis with Federal Student
    Aid and Department of Education Business Owners
  • Phase II External Analysis with the FFEL
    Community of Interest
  • Phase III Modify/Add Data Standards through
    Postsecondary Education Standards Council (PESC)
    Change Control Board

8
Overview
  • Developed target state business processes
  • Defined FFEL data standards to support target
    state business processes
  • Will be implemented in incremental phases
  • Reengineering of NSLDS and its data exchanges
  • Reengineering of debt recovery processes and
    systems
  • Enhancing financial reporting for Lender and
    Guarantors

9
Results
10
Results (cont.)
11
Results (cont.)
12
Results (cont.)
13
Next Steps
  • Federal Student Aids Enterprise Data Management
    team will work with the PESC change control board
    to modify or add the workgroup approved data
    elements
  • Establish in the XML Registry and Repository (XML
    RR) a common definition for data attributes that
    Federal Student Aid and the FFEL Community
    exchange

14
Debt Recovery and TPD Initiative
15
Overview
  • Federal Student Aid is in the process of
    acquiring a single system to replace the
  • Debt Management Collection System (DMCS)
  • TPD - Conditional Discharge Disability Tracking
    System (CDDTS)

16
Overview (cont.)
  • The Debt Recovery and TPD solution will eliminate
    deficiencies and provide robust capabilities for
    both internal and external stakeholders

17
Overview (cont.)
  • Federal Student Aid identified the following
    change drivers
  • Reconcile current business demands with legacy
    systems
  • Improve the accuracy, timeliness and tracking
    capabilities for default and discharge loan data

18
Results
19
Results
20
Next Steps
  • Complete our review of all current requirements
  • Continue to define the requirements for the Debt
    Recovery and TPD Solution

21
Questions/Comments
22
Contact Information
We appreciate your feedback and comments.
Community Inquiries Email DataStrategy_at_ed.gov
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