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COD Basics for New Professionals

COD Basics for New Professionals. April 3, 2019. Ashley Bergemann. Financial Aid Systems Analyst Marquette University Ashley.bergemann@Marquette.edu. AGENDA. Person Tab – mostly everything you need to know Batch search – make it your friend Odds and Ends Questions.

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COD Basics for New Professionals

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  1. COD Basics for New Professionals April 3, 2019

  2. Ashley Bergemann Financial Aid Systems Analyst Marquette University Ashley.bergemann@Marquette.edu

  3. AGENDA • Person Tab – mostly everything you need to know • Batch search – make it your friend • Odds and Ends • Questions

  4. Common Origination and Disbursement

  5. Credit Response • Each change made to a credit check will result in a notification to the school • Unless there is NO loan on file • Best practice is to always create a loan • This way you know if a credit status changes from denied to accepted

  6. Credit Response • Order of how a parent/student/endorser completes things may mess up how credit response files are delivered • Where is the completed credit counseling? • Request a new credit file on COD • Why does credit counseling show as completed under counseling search and not in the loan? • Jiggle the loan on COD

  7. Studentloans.gov Demo Versions (available April 7th) • Credit Decision Appeal • Direct Loan Consolidation Application and Promissory Note • Direct PLUS Loan Application for Graduate/Professionals Students • Direct PLUS Loan Application for Parents • Direct PLUS Loan Endorser Addendum • Income-Driven Repayment (IDR) Plan Application • IDR Plan Application (Co-Signer) • Master Promissory Note (MPN) for Subsidized/Unsubsidized Loans • PLUS MPN for Graduate/Professional Students • PLUS MPN for Parents • TEACH Grant Agreement to Serve (ATS) • TEACH Grant Exit Counseling

  8. Questions?

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