Electronic Signatures

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Electronic Signatures
August 5, 2002
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What are Electronic Signatures?

• They are a means of assigning identity to a
  transaction within a trusted electronic process.
• The signing process must deal with
  identification, authentication, consent, data
  integrity, and non-repudiation.

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Example Electronic MPN
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Who Has Been Using eSignatures?
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E-Signature Business Processes

• What Have We Done?
• Prom Notes
• EDA (Electronic Debit Account)
• BPP (Bill Presentment and Payment)
• Correspondence Permission
• Forbearances
• Deferments
• What Are We Doing Now?
• Perkins Notes
• Whats Next?
• Verifications
• Authorizations
• School/Student Communications

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eSignatures in E-Gov Initiatives
Source OMB News Release, October 25, 2001
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Perkins School Wish List

• FSA subsidizes STAN authentication costs for
  Perkins schools

Done!

• FSA helps schools to create downloadable eNote

Done!

• FSA revises Standards to allow for school based
  PIN for Perkins

Done!

• FSA enables MPN for Perkins note

In Process

• Expanded use of FSA PIN for Federal aid (Title
  VII) and non-Federal aid (state grants)

In Process
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ePartnerships Working Together
FSA
SCHOOLS
Electronic Signature Standards
Consent
Display
Integrity
Access
Identification/ Authentication
Maintenance
Certification
Attribution
Authentication
Authentication
Format
Format
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Presenter Information
Neil Sattler Federal Student Aid (202)
377-3513 neil.sattler_at_ed.gov
Visit FSAs Electronic Identification website
at EID.SFA.ED.GOV
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Electronic Signatures in the Perkins Loan Program

• Ralph Hosterman
• Director of Student Loans Scholarships
• Penn State University
• July 22, 2002

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