GILS Record -- Federal Direct Student Loan Systems (Direct Loans)

Title:
Federal Direct Student Loan Systems (Direct Loans)

Originator:
Department/Agency Name: U.S. Department of Education
Major Organizational Subdivision: Office of Postsecondary Education
Minor Organizational Subdivision: Student Financial Assistance Programs
Minor Organizational Subdivision: Program Systems Service
Name of Unit: Federal Direct Loans Systems Division

Abstract:
The Federal Direct Student Loan Program (Direct Loans) provides student loans directly from the Federal Government to students and their parents. Private lenders are not involved in this program as they are in the Federal Family Educational Program. Direct Loans provides loans to eligible undergraduate, graduate, and professional students and/or their parents to pay for the costs of the student's attendance at their postsecondary school.

There are four different Direct Loan programs:

A student is eligible to receive a Direct Loan if he/she is enrolled in a school that is enrolled in the Direct Loan Program and he/she is eligible for student aid.

Purpose:
The Loan Origination System (LOS) provides front-end loan origination support for the Direct Loan Program. The Central Data System (CDS) routes information on Direct Loans from LOS to the Loan Servicing System.

Agency Program:
The Student Loan Reform Act of 1993 established the Federal Direct Student Loan Program under Title IV of the Higher Education Act.

Sources of Data:
Data come from student applications for Direct Loans, holders of student loans applying to consolidate those loans, as well as the Department's Central Processing System.

Access Constraints:
Direct access to the system is limited to authorized ED staff and its contractors. Information in this system is exempt from disclosure under provisions of the Privacy Act.

Use Constraints:
None.

Availability
For additional information on the system contact the individual listed below.

Point of Contact for Further Information

Name: Director, Direct Student Loan Systems
Organization: ED, Federal Direct Student Loan Systems Division
Street Address: 400 Maryland Avenue, SW
City: Washington
State: DC
ZIP Code: 20202
Country: USA
Telephone: 202-205-2672
Fax: 202-708-6943
Network Address: direct.loans@ed.gov
Hours of Service: 8:00 a.m. ? 4:00 p.m. EST M-F

Availability

Distributor Name: Director, Direct Loan Systems
Organization: ED, Federal Direct Student Loan Systems Division
Street Address: 400 Maryland Avenue, SW
City: Washington
State: DC
ZIP Code: 20202
Country: USA
Telephone: 202-205-2672
Fax: 202-708-6943
Network Address: direct.loans@ed.gov
Hours of Service: 8:00 a.m. ? 4:00 p.m. EST M-F
Order Process: Contact the individual named above.

Control ID:
ED0004

Record Source:
Department/Agency Name: U.S. Department of Education
Major Organizational Subdivision: Office of the Chief Financial and Chief Information Officer
Minor Organizational Subdivision: Office of the Chief Information Officer
Name of Unit: Information Technology Investment and Capital Planning Group

Date of Last Modification:
1998 03 11

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This page last updated on February 15, 2000 (dtm).