Common Origination and Disbursement
COD Processing Update
Inactive Loans Report Issue [07/16/04 Updated 08/05/04)]
Previously, COD discovered that on July 3, 2004, the Inactive Loans report was not sent toschools’ SAIG mailboxes. On July 23, 2004, COD sent the report to schools’ SAIG mailboxes.However, if you have not received the report, contact the COD School Relations Center to reportthis information.
Current Issues
Phase-In Records Incorrectly Rejecting For COD Edit 056 (08/12/04)
COD has discovered that some Phase-In 2003-2004 and 2004-2005 records are incorrectlyrejecting for COD Edit 056 (Sequence Number Not In Sequential Order). This edit is beingreturned incorrectly to Phase-In schools that submit changes to anticipated disbursement amounts.Additionally, when a change to the anticipated disbursement amount is submitted along with areduced award amount, COD is only accepting the reduced award amount. As a result, COD Edit846 (Total 'Anticipated Gross Amount' must be less than or equal to the Loan Amount Approved)is returned because the award amount is less than the total anticipated disbursements.COD is researching the cause of this issue and will provide updates as more information becomesavailable.
Pending Disbursement List Issues [06/08/04 (Updated 08/11/04)]
COD has identified the following issues with the Pending Disbursement list:1. From July 7, 2004 and July 8, 2004, the Pending Disbursement List was sent to schools’SAIG mailboxes. However, the report was blank and did not contain any information for the applicable award year. COD has sent corrected Pending Disbursement List reports toschools for award years 2002-2003 through 2004-2005 in the Comma Delimited and PipeDelimited formats.Additionally, COD sent corrected reports to schools for award years 2002-2003 and2003-2004 in the Preformatted Text file format. COD plans to send a correct report toschools in the Preformatted Text file format for award year 2004-2005. Updates will be provided as more information becomes available.2. On July 10, 2004, the Pending Disbursement List report was not placed on the COD website for schools to view. On August 4, 2004, COD placed the Pending Disbursement Listreport on the web for award years 2002-2003 through 2004-2005 in the CommaDelimited format.Additionally, COD placed the report on the web in the PDF format for award years 2002-2003 and 2003-2004. COD plans to place the report on the web in the PDF format for award year 2004-2005. Updates will be provided as more information becomesavailable.
COD Processing Updatewww.cod.ed.govPage 3 of 13
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