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At your fingertips, Lenders, Servicers, Guarantors, Secondary Markets and all other lending institution personnel will have access to a centralized source of marketing information and operational guidance concerning ISAC's programs, processes and resources.

Lender Message Board

The Lender Message Board is updated each week.  New messages for the week are identified by the symbol. Items under the More section, located toward the bottom of the page, provide links to information on topics that were recently listed on this Message Board.

 ISAC plans to distribute National Student Loan Data System (NSLDS) Lender Manifest Reports of Unreported Loans (Unreported Loan Reports) by the end of May 2012. We provide these reports to lenders and servicers twice a year, in order to assist in determining whether all loans that appear in a loan portfolio have been reported to ISAC. Additional information is provided in a May 7 e-Message.

The 2012 Common Manual is on schedule to be released in July. In the meantime, remember that the Integrated Common Manual (ICM) is updated monthly (as policy proposals are approved) and may be accessed via the left-margin "Common Manual" tab of the Common Manual, Unified Student Loan Policy website.

A “Top 100 Current Holders of FFELP Loans for 2011 and 2010" document is available to download, view and/or print via the What's New page of the Financial Partners Portal.

The U.S. Department of Education (ED) announces an improvement to the Special Direct Consolidation Loan online application process in a March 26 electronic announcement. While the four federal loan servicers will continue to contact all potentially eligible borrowers, students may also visit the StudentLoans.gov website to determine their eligibility status; those who are not eligible will be notified via an “Alerts” message box, and those who are potentially eligible will be able to access the online application. As a reminder, the Special Direct Consolidation Loan initiative is a short-term consolidation opportunity that ED is offering through the William D. Ford Federal Direct Loan Program. The application deadline is June 30, 2012.

More

Information for Lenders and Borrowers on Special Direct Consolidation Loans

2011-12 ISAC Administrative Rules

State Legislative Update

Outreach Calendar/Events

FAFSA Completion Information 

Most Recent ISAC Update:

January 2012 - March 2012

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