Release Four

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COMMONLINE

• Release Four

(Customized)
Conference or MeetingLocation DatePresenter
Name(s)Organization(s)
National Council of Higher Education Loan
Programs (NCHELP) www.nchelp.org
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AGENDA

• The CommonLine Committee Structure
• Standardization
• CommonLine Transactions
• Master Promissory Note (MPN)
• Hold Release
• Internet Transmissions
• More Enhancements
• Joining CommonLine

Standard CommonLine Release 4 Presentation
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The CommonLine Committee

• The mission of the Committee is to create
  maintain standard electronic data formats data
  exchange mechanisms which support the
  application, guarantee, origination,
  disbursement processes between schools their
  FFELP Alternative Loan service providers.

Standard CommonLine Release 4 Presentation
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The CommonLine Committee

• The Committee is comprised of guarantors,
  lenders, secondary markets, servicers, service
  providers, schools, school financial aid
  management software providers.

Standard CommonLine Release 4 Presentation
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CommonLine Participants

• Access Group, Inc
• AFSA
• American Student Assistance
• Baker College
• California Student Aid Commission
• CFSI
• Citibank
• College Foundation Inc
• Colorado Student Loan Program
• Connecticut Student Loan Foundation

• Colorado Student Loan Program
• Datatel
• ECMC
• EdFund
• Educaid
• Education Assistance Corp South Dakota
• ELM
• Finance Authority of Maine
• Florida Office of Student Financial Assistance
• Georgia Higher Education Assistance Corp
• Georgia Student Finance Corp
• Great Lakes Higher Education Corp
• Guarantec
• Illinois Student Assistance Corp

Standard CommonLine Release 4 Presentation
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CommonLine Participants
Missouri Student Loan Program Mitchell Sweet and
Associates Montana Guaranteed Student Loan
Program Nellie Mae New Hampshire Education
Assistance Foundation New Jersey Higher Education
Student Assistance Authority New Mexico Student
Loan Guarantee Corp. New York State Higher
Education Services Corp Norwest Education Loan
Association NSLP
Iowa College Student Aid Commission Kentucky
Higher Education Assistance Authority Iowa
College Student Aid Commission Kentucky
Higher Education Assistance Authority
Louisiana Office of Student Financial
Assistance Michigan Higher Education Assistance
Authority Michigan Higher Education Student
Loan Authority
Standard CommonLine Release 4 Presentation
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CommonLine Participants
Oklahoma Guaranteed Student Loan Program Oregon
State Scholarship Commission Pennsylvania Higher
Education Assistance Agency PeopleSoft Rhode
Island Higher Education Assistance
Authority Sallie Mae SCT SLND
South Carolina Student Loan Corporation Student
Loan Guarantee Foundation of Arkansas Tennessee
Student Assistance Corp Texas Guaranteed Student
Loan Corp The Education Resources
Institute Unipac United Student Aid
Funds University of California - SF Utah Higher
Education Assistance Authority Vermont Student
Assistance Corp Wells Fargo
Standard CommonLine Release 4 Presentation
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The CommonLine Committee

• The Committee meets every other month in various
  parts of the country. Since 1994, meetings have
  been held in

Chicago IL Dallas TX Denver CO Detroit MI Lake
Tahoe NV Las Vegas NV Madison WI New Orleans LA
Philadelphia PA Phoenix AZ San Antonio TX San
Diego CA San Francisco CA Seattle WA St. Louis
MO Washington DC
Atlanta GA Alexandria VA Arlington VA Baton Rouge
LA Boston MA
Standard CommonLine Release 4 Presentation
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The CommonLine Committee

• Chaired by Jon Kroehler, the CommonLine Committee
  also has several subcommittees that specialize in
  specific topics

Chair Michael Sessa Scott Fullerton Joe
Garzillo Brian Allison

• Subcommittee
• Communications
• Electronic Exchange
• Meetings
• Support Team

Standard CommonLine Release 4 Presentation
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Standardization

• Standard
• Data Formats
• Process Flows
• Data Exchange Mechanisms
• Expectations

Standard CommonLine Release 4 Presentation
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Standardization

• Schools get flexibility
• Choose their own software (SBS or FAMS)
• Select their FFELP and Alternative Loan service
  providers
• Fulfill their own unique processing requirements
  and process flows

Standard CommonLine Release 4 Presentation
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Standardization

• Schools see advantages
• One data format for electronic communication with
  multiple FFELP and Alternative Loan service
  providers
• One school-based software system allows
  communication with all participants
• Fully Y2K Compliant

Standard CommonLine Release 4 Presentation
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Standardization

• Simplified programming for schools programming
  their own systems fast path for schools not
  previously using electronic FFELP and Alternative
  Loan services
• One transmission process (hit the send key)
• sends FFELP and Alternative Loan data to all
  lenders guarantors
• gathers data received from all lenders
  guarantors

Standard CommonLine Release 4 Presentation
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Standardization

• Prior to CommonLine
• Different data formats transmission methods
  were required to communicate with different
  lenders guarantors
• Schools used multiple school-based software
  systems to support communications
• Much of the volume was manually processed through
  paper

Standard CommonLine Release 4 Presentation
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CommonLine Transactions

• Application Send File
• Response File
• Change Send File
• Response File
• Disbursement Roster
• Disbursement Acknowledgement File

Standard CommonLine Release 4 Presentation
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Enhancements 1999 Beyond
Standard CommonLine Release 4 Presentation
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CommonLine the MPN

• In addition to PLUS and Alternative Loans,
  CommonLine Release 4 supports both the current
  Stafford Common Application Promissory Note
• AND
• the new Stafford MPN!

Standard CommonLine Release 4 Presentation
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CommonLine the MPN

• New Form Code
• New Serial Loan Code
• Modifications to Requested Loan Type, Amount,
  Deferment Request

Standard CommonLine Release 4 Presentation
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CommonLine the MPN

• Borrower Interest Indicator (formerly known as
  Capitalized Interest Code)
• EFT Authorization Code
• COA, EFC, EFA eliminated

Standard CommonLine Release 4 Presentation
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CommonLine the MPN

• MPN Confirmation Code
• Used in Application Response to indicate if a
  service provider has a valid MPN.
• Valid Values Y, N, or U

Standard CommonLine Release 4 Presentation
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CommonLine the MPN

• Borrower Confirmation Indicator
• 1-character code to indicate if the service
  provider has received borrower confirmation of
  the loan request.
• Valid Values Y or N

Standard CommonLine Release 4 Presentation
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Hold Release

• CommonLine Release 3
• Change Send File Only
• CommonLine Release 4
• Application Send File
• Change Send File

Standard CommonLine Release 4 Presentation
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Internet Transmissions

• Encryption Decryption
• Searching for an encryption standard that can be
  supported by all participants.
• Security Others cannot read it along the public
  network.
• Authentication You can be sure its coming from
  the person who signed it.

Standard CommonLine Release 4 Presentation
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Internet Transmissions

• School Choice and Request
• Requires Service Provider Support
• CompuServe Old Mail System Retirement Coming
  Soon

Standard CommonLine Release 4 Presentation
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More Enhancements

• Supplemental Borrower Information Record
• E-Mail Address
• E-Mail Address Validity Indicator
• E-Mail Address Effective Date

Standard CommonLine Release 4 Presentation
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More Enhancements

• Promissory Note Delivery Codes
• D-U-N-S Number Support

Standard CommonLine Release 4 Presentation
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Are you ready?
Standard CommonLine Release 4 Presentation
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Joining CommonLine

• Review your current process define your goals
• Review who your service providers are what
  services they provide
• Evaluate your current financial, computer
  communications equipment resources

Standard CommonLine Release 4 Presentation
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Joining CommonLine

• Choose your School-Based Software Product (if
  needed)
• Establish a CompuServe Account (where
  applicable)
• Complete the NCHELP CommonLine Network Electronic
  Certification Form
• Implement!

Standard CommonLine Release 4 Presentation
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Joining CommonLine

• The Committee continues to look for ways to
  improve the delivery of loans to students
  schools.
• School input support is needed, welcomed
  appreciated!

Standard CommonLine Release 4 Presentation
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Joining CommonLine

• Schools can come to CommonLine meetings.
• Schools can join our national listserv.
• Ask for more information or check www.nchelp.org!

Standard CommonLine Release 4 Presentation
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Joining CommonLine

• Remaining meeting schedule for 1999
• September 20-21 Alexandria VA
• November 8-9 Austin TX

Standard CommonLine Release 4 Presentation
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Questions Answers?

COMMONLINE

• Release Four

National Council of Higher Education Loan
Programs (NCHELP) www.nchelp.org