Re: bursar-l: Direct Loans

Please respond to the list.

Thanks!

Sandra Bembry
Director of Student Accounts
William Paterson University
973-720-3602
973-720-2806 (fax)

-----Original Message-----
From: bursar-l-bounces_at_list.mail.virginia.edu
[mailto:bursar-l-bounces_at_list.mail.virginia.edu] On Behalf Of Kroniser,
Betty
Sent: Wednesday, September 23, 2009 9:34 AM
To: Forman, Susan W; bursar-l_at_list.mail.virginia.edu
Subject: Re: bursar-l: Direct Loans

I would be very interested in this information also.

Betty Kroniser
BURSAR
California University of Pennsylvania
Dixon Hall Room 121 (#83)
Phone: 724-938-4431
FAX # 724/938-5983

-----Original Message-----
From: bursar-l-bounces_at_list.mail.virginia.edu
[mailto:bursar-l-bounces_at_list.mail.virginia.edu] On Behalf Of Forman,
Susan W
Sent: Tuesday, September 22, 2009 1:40 PM
To: bursar-l_at_list.mail.virginia.edu
Subject: bursar-l: Direct Loans

Subject: Direct Loans

I am looking for information on Direct Loans in light of the new
legislation being considered. How does the processing for Direct Loans
differ from that of the Stafford Loan programs? What office are the
processes that would need to be handled by the Bursar's Office.
Currently for the Stafford loans, we receive the eft transmission from
ELM, load the file into financial aid, and prepare the deposit document.
We reconcile the ELM disbursement account to make sure everything is
either disbursed or returned to the lender.

Thank you for your responses.

Susan Forman
Bursar
University of Tennessee, Knoxville
211 Student Services Bldg.
Knoxville, TN 37996-0225
(865) 974-1384 Phone
(865) 974-1945 Fax

In an effort to adhere to federal privacy laws, the Bursar's Office
restricts the release of student information to other persons. We will
be unable to release information to third parties (i.e. parents,
spouses, etc.) without a signed FERPA release form on file from the
student. The FERPA form is available on-line at
http://registrar.tennessee.edu/forms/finan_info_release.pdf. Students
must contact us personally to check the status of their student account
unless the student has completed a FERPA release form. This FERPA
release form applies only to financial records contained in the Bursar's
and Financial Aid Offices. The completed form should be returned to the
Bursar's Office at 211 Student Services Bldg., Knoxville, TN 37996-0225.

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Received on Wed Sep 23 2009 - 11:01:04 EDT