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U.S.

DEPARTMENT OF EDUCATION RATE CALCULATION DATE: 12/18/1999


NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS) PAGE NO: 1
COHORT YEAR 1998 DRAFT LOAN RECORD DETAIL REPORT (SCHOOL)
Attention: ROBERT YOUNG Organization ID Number: 11122200
Name: SCHOOL OF BUSINESS
Address: 1212 WEDGEWOOD LANE
City: LEONARDTOWN State: WI
Country: USA Postal Code: 12345-6789 Program Type: FFEL/DL Years: 1
----------------------------------------- STUDENT ----------------------------------------- Original -------- CLASS ----- Academic
SSN Last name First/M.I. D.O.B School Begin Date End Date Level
----------- ----------------------------------- ------------- ---------- -------- ---------- --------- --------
0 - LENDER/SERVICER/HOLDER- Loan - Claim Rsn/ DEFAULT/ Guarantor/ Guaranty Enrollment Stat/ Usage
Originating Current Type Stat Code NegAm Date Repay Date Amount Servicer Loan/Date Code Date 1 2
----------- --------- ---- ---- ---------- ----------- ---------- ------ --------- ---------- ---------------- -----

0100-00-0000 LEE MISSY 10/21/1951 11122200 08/25/1996 05/11/1997 2


0101 555 D1 DU IX 02/20/1999 10/01/1997 $ 3,000 0101 09/30/1996 G 12/15/1998 B DB

FY 1998 Official Cohort Default Rate Guide


0111-11-1111 LOMAN TED 10/21/1977 11122200 08/25/1997 05/11/1998 1
8000040000 8000040000 SF RP 00/00/0000 01/16/1998 $ 2,625 111 08/25/1997 W 01/01/2000 D FD
Information for Schools on Adjustments and Appeals

0444-44-4444 MAY ELIZABETH 08/12/1969 11122200 02/13/1996 09/11/1997 1


8000040000 8000040000 SF RP 00/00/0000 06/12/1998 $ 2,625 111 02/24/1996 F 12/01/1999 D FD

U.S. DEPARTMENT OF EDUCATION RATE CALCULATION DATE: 08/12/2000


NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS) PAGE NO: 1
COHORT YEAR 1998 OFFICIAL LOAN RECORD DETAIL REPORT (SCHOOL)
Attention: ROBERT YOUNG Organization ID Number: 11122200
Name: SCHOOL OF BUSINESS
Address: 1212 WEDGEWOOD LANE
City: LEONARDTOWN State: WI
Country: USA Postal Code: 12345-6789 Program Type: FFEL/DL Years: 1
----------------------------------------- STUDENT ----------------------------------------- Original -------- CLASS ----- Academic
SSN Last name First/M.I. D.O.B School Begin Date End Date Level
----------- ----------------------------------- ------------- ---------- -------- ---------- --------- --------
0 - LENDER/SERVICER/HOLDER- Loan - Claim Rsn/ DEFAULT/ Guarantor/ Guaranty Enrollment Stat/ Usage
SAMPLE LOAN RECORD DETAIL REPORTS

Originating Current Type Stat Code NegAm Date Repay Date Amount Servicer Loan/Date Code Date 1 2
----------- --------- ---- ---- ---------- ----------- ---------- ------ --------- ---------- ---------------- -----

0222-22-2222 BURLESON VICKIE 06/12/1975 11122200 08/25/1997 05/11/1998 2


8888888888 8888888888 SF DU DF 09/20/1999 10/21/1997 $ 2,625 111 09/30/1997 G 12/15/1999 B FB

0222-22-2222 BURLESON VICKIE 06/12/1975 11122200 08/25/1997 05/11/1998 2


8888888888 8888888888 SU DU DF 09/20/1999 10/21/1997 $ 2,625 111 09/30/1997 G 12/15/1999 E E

0555-55-5555 ANDERSON ELIZABETH 11/18/1979 11122200 02/13/1997 09/11/1997 1


8000040000 8000040000 SF RP 00/00/0000 06/12/1998 $ 2,625 111 02/24/1997 F 12/01/1998 D FD

Page 131
New Data Adjustment
Page 132
Column 1: Enter the student’s Social Security number (SSN)
Record all loans being challenged using a spreadsheet software using hyphens to separate the numbers (example:
000-88-0000).
application such as Excel or Lotus 1-2-3.
New Data Adjustment

Fill out a separate spreadsheet for each entity, as Column 2: Enter the borrower's name.
identified by the guarantor/servicer code, for which
the school alleges new data errors.
Column 3: Enter the number and type of loan(s). Use the
The spreadsheet
The spreadsheet
shouldshould
be on 8
be½”
onx811”
½’’paper
x 11’ paper
in a landscape
in a landscape following codes:
(horizontal)
(horizontal)
layout.layout.
A sample
A sample
spreadsheet
spreadsheet
followsfollows
these these
instructions.
instructions. Loan Type Codes

Header: Enter FY 1998 New Data Allegations in the Code Description


center of the header area. In the left-hand area,
D1 Direct Loan Subsidized Stafford Loan
enter the school’s name, the school’s OPE ID
number, the guarantor/servicer’s code and D2 Direct Loan Unsubsidized Stafford Loan
guaranty agency/Direct Loan servicer name
associated with the allegations, and the number of SF FFEL Subsidized Stafford Loan
borrowers and loans associated with the
borrowers on the list. SL Supplemental Loans for Student Loans

SU FFEL Unsubsidized Stafford Loan


Footer: Enter the date the spreadsheet was prepared in
the left side of the footer area. Set up automatic
pagination in the right side of the footer area so Column 4: Enter MM/DD/CCYY (month, day, and year) of the
that the specific page number and the total earlier of the borrower's LDA (last date of attendance)
number of pages show on each page, for or the LTH (less than half-time date) according to the
school's records and outside sources.
example: page 1 of 10 pages.
Only the allegations listed on the school’s
spreadsheet will be reviewed. If a borrower has Column 5: Enter MM/DD/CCYY or MM/CCYY to identify the DER
multiple loans that may contain new data errors, (date the loan entered repayment) according to the
a school must enter data for each loan for the school's records and outside sources.
borrower.
Column 6: Enter MM/DD/CCYY or MM/CCYY to identify the CPD
On Row 1, enter exactly the same column names in exactly the same (claim paid date), DD (default date), or ICRD (income
order as listed on the sample spreadsheet. Ensure that column names contingent repayment date) according to the school's
appear at the top of each page. records and outside sources.

Column 7: Enter the fiscal year(s) to which the school believes


New Data Allegations SPREADSHEET INSTRUCTIONS

On Row 2 and below, include the following data for each loan for which
the school is submitting a new data allegation. this information should be applied.

A school should input dates based on the Column 8: Enter N (numerator), D (denominator), or B (both
school’s records. A school should NOT numerator and denominator), accompanied by a plus
include dates based on the loan record detail or minus sign (such as +D or -D) to show how the
report or guaranty agency and/or Direct Loan school believes the information will affect its official
servicer information if it believes those dates CDR (cohort default rate) calculation.
Information for Schools on Adjustments and Appeals

FY 1998 Official Cohort Default Rate Guide


are incorrect.
School of Business FY 1998 New Data Allegations
OPE ID Number: 111222 Note: This is a sample
Guarantor/Servicer Code: 111 spreadsheet. See instructions on
State Guaranty Agency page 132.
Number of borrowers: 2
Number of loans: 3

1. Borrower's 2. Borrower's 3. Number 4. Earlier 5. Date 6. CPD 7. FY(s) 8. Effect


SSN Name and type of LDA entered DD, ICRD, appl. on CDR
of loan or LTH repayment or N/A calc.
(Use codes (MM/DD/CCYY) (DER) (MM/DD/CCYY) (N,D,
on instructions) (MM/DD/CCYY) or (MM/CCYY) or B)

FY 1998 Official Cohort Default Rate Guide


111-11-1111 Ted Loman 1 SF 07/15/1997 01/16/1998 N/A FY 1998 +D
222-22-2222 Vickie Burleson 1 SF 02/17/1999 08/18/1999 09/20/2000 FY 1998 -B
Information for Schools on Adjustments and Appeals

FY 1999 +B
222-22-2222 Vickie Burleson 1 SU 02/17/1999 08/18/1999 09/20/2000 FY 1998 -B
FY 1999 +B
Sample New Data Allegations SPREADSHEET

10/03/2000 Send to the relevant entity Page 1 of 1


at the address located in
"Appendix A".

Page 133
New Data Adjustment
New Data Adjustment Information for Schools on Adjustments and Appeals

Sample New Data Allegations LETTER

School of Business
1212 Wedgewood Lane
Leonardtown, Wisconsin 12345-6789
October 3, 2000
(123) 456-7890

State Guaranty Agency OPE ID#: 111222


Guarantor/Servicer Code 111
ATTN: Bob Bowen
1234 Trueman Road Sample Letter
Lusby, North Carolina 98765-4321

Subject: FY 1998 New Data Allegations

Dear Mr. Bowen:

School of Business, OPE ID# 111222, is submitting a list of new data


allegations for review by State Guaranty Agency.

Please see the enclosed spreadsheet, relevant pages of the draft and
official loan record detail reports, and supporting documentation.

Sincerely,

Robert Young, President

Enclosures

cc: U. S. Department of Education, Default Management Division

Page 134 FY 1998 Official Cohort Default Rate Guide


Information for Schools on Adjustments and Appeals New Data Adjustment

Sample New Data Allegations SUPPORTING DOCUMENTATION

School of Business
1212 Wedgewood Lane
Leonardtown, Wisconsin 12345-6789
(123) 456-7890
Sample Letter
August 3, 1997

State Guaranty Agency OPE ID#: 111222


Guarantor/Servicer Code 111
ATTN: Bob Bowen
1234 Trueman Road
Lusby, North Carolina 98765-4321

Subject: Updated LDA

Dear Mr. Bowen:

School of Business, OPE ID# 111222, wishes


to inform State Guaranty Agency that the last
date of attendance for Ted Loman (111-11-
1111) is July 15, 1997.

Thank you. AUG


4
Sincerely, 1997

Robert Young, President

FY 1998 Official Cohort Default Rate Guide Page 135