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<p class="MsoNormal">Thank you to those who have respond. The below response was just sent to me so I thought I would share incase it helps someone else.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">It appears my student had a Non-defaulted FFEL loan not held by ED so it was ineligible for the deferment. So now it has to be assigned to ED in order to reverse the default and put the loans back in good standing.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Arial",sans-serif">Laura Coponiti<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">Financial Aid Officer<o:p></o:p></span></p>
<p class="MsoNormal"><b><u><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#0563C1"><a href="mailto:lcoponiti@cvtech.edu"><span style="color:#0563C1">lcoponiti@cvtech.edu</span></a></span></u></b><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif">
<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><img border="0" width="212" height="25" style="width:2.2083in;height:.2604in" id="_x0000_i1026" src="cid:image003.jpg@01D85BBF.782F3330" alt="cid:image001.png@01D078EB.A50C5180"><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">1401 Michigan Ave<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">Chickasha, OK 73018<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">405.222.7575<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><b>From:</b> Shelton, Jaime <jshelton@ocap.org> <b>On Behalf Of
</b>Policy Compliance Training<br>
<b>Sent:</b> Friday, April 29, 2022 10:52 AM<br>
<b>To:</b> Laura Coponiti <lcoponiti@cvtech.edu><br>
<b>Subject:</b> RE: <<EXTERNAL E-MAIL>> [Oasfaa] Loan Deferments<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hi Laura,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">The COVID-19 moratorium automatically puts Direct Loans in a mandatory forbearance and 0% interest . FFEL loans were not initially included but were added later, so any student loan that defaulted after March 20, 2020 is set to be assigned
to the U.S. Department of Education in order to reverse the default and put the loans back in a good standing. If the borrower’s loan default prior to that date, then all collection efforts have been placed on pause and the borrower can consolidate to get
the loan out of default. Please let me know if you have any further questions.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="color:#387E67">Jaime Shelton</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="color:#387E67">Senior Regulatory Compliance Specialist and System Services Coordinator/Ombudsman</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="color:#387E67">Oklahoma College Assistance Program</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span style="color:#387E67">A division of the Oklahoma State Regents for Higher Education</span></i><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span style="color:#387E67">Phone: 405.234.4281</span></i><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><b>From:</b> OASFAA <<a href="mailto:oasfaa-bounces@lists.onenet.net">oasfaa-bounces@lists.onenet.net</a>>
<b>On Behalf Of </b>Laura Coponiti<br>
<b>Sent:</b> Friday, April 29, 2022 8:45 AM<br>
<b>To:</b> <a href="mailto:oasfaa@lists.onenet.net">oasfaa@lists.onenet.net</a><br>
<b>Subject:</b> <<EXTERNAL E-MAIL>> [Oasfaa] Loan Deferments<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">-- THIS E-MAIL WAS RECEIVED FROM AN EXTERNAL SOURCE-- <o:p></o:p></p>
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<p class="MsoNormal">Happy Friday Everyone,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I have a quick question for you all today. Is the COVID loan deferments just for direct loans? I have a student that was just put in default status, I looked on NSLDS her direct loans are deferred but her FFEL loans are not. If this
is the case I could see where this could be very confusing for the student. <o:p>
</o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Arial",sans-serif">Laura Coponiti<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">Financial Aid Officer<o:p></o:p></span></p>
<p class="MsoNormal"><b><u><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#0563C1"><a href="mailto:lcoponiti@cvtech.edu">lcoponiti@cvtech.edu</a></span></u></b><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif">
<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><img border="0" width="212" height="25" style="width:2.2083in;height:.2604in" id="Picture_x0020_1" src="cid:image001.jpg@01D85BB7.29B39F50" alt="cid:image001.png@01D078EB.A50C5180"><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">1401 Michigan Ave<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">Chickasha, OK 73018<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">405.222.7575<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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