[Lender] Lenders can be Granted Access to Spouse's Information in NSLDS to Determine IBR Eligibility

[McCreary, Matt]

Lenders can be Granted Access to Spouse's Information in NSLDS to
Determine IBR Eligibility 

On Jan. 4, 2012, ED announced in the NSLDS Technical Update LLS-2012-01
<http://www.ifap.ed.gov/nsldsmaterials/LLS201201TechUpdate.html>  that
if a lender or lender's servicer needs access to a borrower's spouse's
loan information to determine Income Based Repayment (IBR) eligibility
and payment amounts, the borrower's spouse can grant that access to the
lender or lender's servicer for 60 days.

For further information, please see the NSLDS Technical Update
LLS-2012-01
<http://www.ifap.ed.gov/nsldsmaterials/LLS201201TechUpdate.html>  or
contact the NSLDS Customer Support Center at 800.999.8219 or
nslds at ed.gov.

 

Matt McCreary 
Policy Analyst 

Oklahoma College Assistance Program (OCAP) 
formerly known as Oklahoma Guaranteed Student Loan Program

a division of the Oklahoma State Regents for Higher Education 

 

405-234-4296 - phone 
405-234-4549 - fax 

800-522-8506 (TDD/TRS)

 

Note: This communication and attachments, if any, are intended solely
for the use of the addressee hereof. In addition, this information and
attachments, if any, may contain information that is confidential,
privileged and exempt from disclosure under applicable law including,
but not limited to, the Privacy Act of 1974. If you are not the intended
recipient of this information, you are prohibited from reading,
disclosing, reproducing, distributing, disseminating, or otherwise using
this information. If you have received this message in error, please
promptly notify the sender and immediately delete this communication
from your system.

 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.onenet.net/pipermail/lender/attachments/20120106/16f09e62/attachment.html