Subject: Webinar Recording -- Online, Instructor-Led Training Session - William D. Ford Federal Direct Loan (Direct Loan) Program Overview
Summary: This letter announces the availability of Federal Student Aid's (FSA) recording of the Direct Loan Program Overview training session. This overview is for school financial aid administrators and their staff. The training is intended to provide introductory level information to staff new to the Direct Loan Program, as well as, for those who may be interested in learning more about the program
Posted on 08-15-2008
Dear Colleague:
We are pleased to announce the availability of the recorded version of our online, instructor-led training on Direct Loan Program Overview. This one hour and forty minute session was offered on Monday, June 16, 2008.
The Direct Loan Program Overview training session is intended to provide introductory level information to staff new to the William D. Ford Federal Direct Loan (Direct Loan) Program, as well as, for those who may be interested in learning more about the program. This overview will cover the roles of each participant in the Direct Loan Program: schools, students, and FSA.
The basic steps involved in the Direct Loan process will be covered: loan origination, Master Promissory Note processing, funding and disbursement, monthly reconciliation and year-end closeout. The various options available to schools in each step of the process will be covered. Borrower benefits and the resources and support available to both schools and students will also be discussed.
