[Lender] ED Releases Multiple Liquidity Program Announcements and Offers 8/15 Webinar Opportunity

Edington, Rick redington at ogslp.org
Tue Aug 12 17:55:42 CDT 2008


The Department of Education (ED) has released a variety of announcements
regarding their liquidity programs. For your reference, listed below are
links to this new information: 
*	 Announcement #14
<http://federalstudentaid.ed.gov/ffelp/library/EA14.doc>  provides
document submission instructions for banks wishing to perform as
Custodians under the Loan Participation Purchase Program.
*	 Announcement #15
<http://federalstudentaid.ed.gov/ffelp/library/EA15.doc>  discusses
preparation and submission of the Monthly Rolling Forecast.
*	 Announcement #16
<http://federalstudentaid.ed.gov/ffelp/library/EA16.doc>  replaces
Announcement #12 and includes revised copies of 1) the Form of Security
Release Certification; 2) the Loan Schedule and Custodial Certification
Data File Fields; 3) the Loan Schedule Custodial Certification file
layout; and 4) revised Funding Request Submission Instructions. 
*	 Announcement #17
<http://federalstudentaid.ed.gov/ffelp/library/EA17.doc>  provides the
Monthly Aggregate Settlement Date Report file layout and the Monthly
Aggregate Settlement Report Data Fields.
*	 Announcement #18
<http://federalstudentaid.ed.gov/ffelp/library/EA18.doc>  discloses the
participant yield rate (3.25%) for the quarter ending September 30,
2008. 
*	 Announcement #19
<http://federalstudentaid.ed.gov/ffelp/library/ApprovedCustodianList8110
8.doc>  provides a list of entities approved to serve as Custodians with
regard to the Master Participation Agreement. The list will be amended
by ED as they approve new Custodians. 
*	 Announcement #20
<http://federalstudentaid.ed.gov/ffelp/library/EA20.doc>  replaces
Announcement #13 and includes edits for the Loan Schedule and Custodial
Certification data files. 
Next ED Webinar Scheduled- According to Jeff Baker, ED plans to hold an
additional Webinar on Friday, August 15 from 1:00 PM - 3:00 PM CST that
will focus on questions and answers received from the FFEL community. If
you have registered for prior ED Webinars in the series, there is no
need to register for this particular event. However, lenders that need
to register for the August 15 event may do so here
<http://www.fsaregistration.ed.gov/profile/form/index.cfm?PKformID=0x452
942a29e> . 
OGSLP will continue to keep you informed regarding these important
programs.
Rick



Rick Edington
Director for School/Lender Services, Default Prevention & Outreach
Oklahoma Guaranteed Student Loan Program
A division of the Oklahoma State Regents for Higher Education
P.O. Box 3000
Oklahoma City, OK  73101-3000
405-234-4333  fax: 405-234-4551

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