COD Technical Reference

Volume IV – Direct Loan Phase-In Participant Technical Reference

Table of Contents

Section 1 – Direct Loan Phase-In Participant Implementation Guide ..................... IV – 1 – 1

Overview................................................................................................................. IV – 1 – 1
2003-2004 Modifications for Phase-In Participants at a Glance ............................ IV – 1 – 3
EDExpress Users – Full Participants in 2003-2004 ............................................... IV – 1 – 5
XML Version of EDExpress for 2003-2004 ........................................... IV – 1 – 5
MPN Status for PLUS Loans Passed from NSLDS to CPS .................... IV – 1 – 6
Modifications to the Full Loan Origination Record and Change Record IV – 1 – 7
Modifications to the Full Loan Origination Acknowledgement .............. IV – 1 – 9
Generating Disclosure Statement ......................................................................... IV – 1 – 11
Modifications to the Disclosure Statement ............................................ IV – 1 – 11
Credit Decision Override Acknowledgement....................................................... IV – 1 – 14
Modifications to the Credit Decision Override Acknowledgement ...... IV – 1 – 14
Promissory Notes .................................................................................................. IV – 1 – 16
Modifications to the MPN Acknowledgement ...................................... IV – 1 – 16
Master Promissory Notes....................................................................... IV – 1 – 18
Master Promissory Note Features.......................................................... IV – 1 – 21
Multi-Year MPN Feature....................................................................... IV – 1 – 21
School can Opt for Single-Year MPN Feature ...................................... IV – 1 – 23
Single-Year MPN Feature ..................................................................... IV – 1 – 23
Single-Loan MPN Feature (PLUS Only) .............................................. IV – 1 – 24
Master Promissory Note Printing Process ............................................. IV – 1 – 25
Linking an MPN .................................................................................... IV – 1 – 28
Calculating MPN Expiration Date ......................................................... IV – 1 – 35
Closing MPN’s ...................................................................................... IV – 1 – 36
Reports .................................................................................................................. IV – 1 – 37
Data Recovery ...................................................................................................... IV – 1 – 37
Entrance Counseling ............................................................................................. IV – 1 – 37
Exit Counseling .................................................................................................... IV – 1 – 37
Request Direct Loan Batches to be Re-sent from COD ....................................... IV – 1 – 38
Resending Acknowledgements.............................................................. IV – 1 – 38
COD Website – Concur rent Award Year ............................................................. IV – 1 – 39
Displaying Concurrent Award Year on COD Website.......................... IV – 1 – 39

Section 2 – Direct Loan Phase-In Participant Message Classes ................................ IV – 2 – 1

Direct Loan Message Classes for Phase-In Participants......................................... IV – 2 – 1

April 2003 (2003-2004) COD Technical Reference Page IV - i

Volume IV – Direct Loan Phase-In Participant Technical Reference
Section 3 – Direct Loan Fixed-Length Record Layouts ............................................. IV – 3 – 1
Introduction ............................................................................................................ IV – 3 – 1
Direct Loan Record Layouts................................................................................... IV – 3 – 3
Header ........................................................................................................ IV – 3 – 3
Trailer......................................................................................................... IV – 3 – 4
Loan Origination..................................................................................................... IV – 3 – 6
Full Loan Origination – Export to COD System........................................ IV – 3 – 6
Full Loan Origination Acknowledgement – Import from COD System.. IV – 3 – 28
PLUS Credit Decision Acknowledgement – Import from COD System. IV – 3 – 31
Loan Origination Change ..................................................................................... IV – 3 – 33
Loan Origination Change – Export to COD System................................ IV – 3 – 33
Loan Orig. Change Acknowledgement–Import from COD System........ IV – 3 – 33
Loan Orig. Change Field Transmit Number Table (Alphabetic)............. IV – 3 – 38
Loan Orig. Change Field Transmit Number Table (Numeric)................. IV – 3 – 50
MPN/PLUS Promissory Note Acknowledgement – Import from COD System.. IV – 3 – 62
MPN Acknowledgement .......................................................................... IV – 3 – 62
Disbursement ........................................................................................................ IV – 3 – 65
Disbursement – Export to COD System .................................................. IV – 3 – 65
Disbursement Acknowledgement/Booking Notification/Payment to
Servicer – Import from COD System....................................................... IV – 3 – 65
School Reconciliation........................................................................................... IV – 3 – 72
Rebuild.................................................................................................................. IV – 3 – 72
Entrance and Exit Counseling .............................................................................. IV – 3 – 72

Section 4 – Direct Loan Phase-In Participant Edit Codes & Descriptions .............. IV – 4 – 1
Introduction............................................................................................................. IV – 4 – 1
Direct Loan Batch Reject Codes from the Header Record .................................... IV – 4 – 2
Loan Origination/Change Reject Codes ................................................................. IV – 4 – 3
Promissory Note Reject Codes ............................................................................. IV – 4 – 11
Disbursement Reject Codes .................................................................................. IV – 4 – 13

April 2003 (2003-2004) COD Technical Reference Page IV - ii

Volume IV – Direct Loan Phase-In Participant Technical Reference