Thursday, October 6, 2022
HomeEducationFederal Scholar Support’s Summer season Task: Modernize the Nationwide Scholar Mortgage Information...

Federal Scholar Support’s Summer season Task: Modernize the Nationwide Scholar Mortgage Information System (NSLDS®)

By: Richard Cordray, Chief Working Officer, U.S. Division of Training’s Workplace of Federal Scholar Support

For a lot of, summer time is a time for household journeys and yard BBQs, however it’s not all enjoyable and video games. Earlier than we all know it, many college students will probably be dashing to finish summer time assignments earlier than heading again to highschool. Right here at Federal Scholar Support (FSA), we have now had a serious “summer time college” task of our personal: we have now been working laborious to launch a brand new web site that helps monetary help professionals at schools and profession colleges put together for the upcoming college 12 months.

The brand new NSLDS Skilled Entry web site modernizes an important knowledge system and on-line instrument that’s greater than 25 years outdated. The system shops mortgage and grant knowledge for each scholar who receives help, in addition to compensation knowledge reported by mortgage servicers and different monetary companions. When college students and households use the School Scorecard to check colleges to search out the fitting match or lookup their help info on, that helpful knowledge comes from NSLDS.

Our important purpose with the brand new website is to make NSLDS simpler for monetary help professionals to make use of to allow them to spend extra time serving to college students. The improved website has a contemporary feel and look that make it simpler for monetary help professionals to navigate the features they use probably the most. Now we have vastly improved how the totally different monetary help methods join with one another. Now we will present an easy-to-read breakdown of scholars’ mortgage quantities and their full monetary help historical past in a single central place. The brand new website additionally gives extra flexibility for scheduling reviews, as most reviews are actually obtainable for fast obtain from the NSLDS web site.

Sooner or later, we additionally plan to reinforce the dashboard on the FSA Companion Join portal at and to make it simpler to entry on-line accounts. By way of our ongoing Subsequent Gen initiative, we are going to proceed to improve our expertise, instruments, and assets for college kids, mother and father, debtors, and monetary help professionals.



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