Pathway to Administrative Capability for Career Institutions

Direct Loan Processing

Pell and Campus Based | FFEL Student Loan Certification | Direct Loans | NSLDS | Program Budget Maintenance | Verifications | Return to Title IV Calculations | Reconciliation and Closeout Reporting | Audit Reports | Certified Reimbursement Agent | FISAP Preparation & Transmittal


This Includes:

  • Federal Student Subsidized,
  • Federal Student Unsubsidized
  • Federal Parent PLUS Loans

 

FAS will Efficiently Process and Disburse all Title IV Funds including Federal Family Educational Loans (FFEL)

This Includes the following:

  • Convert Schools from Internal Processing (in-house) or from another servicer
  • Electronically Certify and Process FFEL Loans –Helping schools meet all electronic requirements mandated by the Department of Education.
  • Submit the School Certification Page to the Lender/Guarantor and send school all Student Loan Certification Reports
  • Provide easy-to-read laser printed worksheets and reports (available in hard copy and on-line in some cases)
  • CALCULATE THE RETURN OF TITLE IV AID FOR ALL STUDENTS ON-LINE
  • Accounting/Reconciliation of Federal Funds 

 

The complete list of FAS services are listed below.
FAS takes its processing from the student’s first interview with the school to the student’s last day of attendance and beyond.

FAS will:

  • Figure the Cost of Attendance for the school
  • Create a localized budget
  • Check all student files
  • Complete 100% Verification of all student files selected for the school (optional) or Provide software for school to verify files
  • C code resolution assistance (optional)
  • Professional Judgment Assistance (adjusting EFC) (optional)
  • Short Term Program Proration Support
  • Clock to Credit Hour Support
  • Accurately calculate and Certify all requested loan amounts
  • Complete the school certification portion of applications
  • Provide school with Student Certification Report for each student
  • CALCULATE THE RETURN OF TITLE IV AID FOR ALL STUDENTS ON-LINE
  • Provide school an entire team of experts in the field for up to 25 years to answer all financial aid questions–No Waiting!