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AwardYear: 1995-1996 EnterChapterNo: 1 EnterChapterTitle: Organizational Structure SectionNumber: SectionTitle: Introduction PageNumbers: 1-2 [[Purpose of this chapter]] This chapter covers the organizational structure within the Student Finanacial AssistancePrograms (SFAP). SFAP is divided into five services. Four of the services are organized by function: accounting and financial management, program systems, institutional participation and oversight and regional operations, and debt collection. The fifth service combines the fuctions of policy, training, and analysis. Each of the services contains one or more divisions. [[Other offices within OPE with which you may have contact]] OPE is one of several offices within the Department of Education (the Department) with which your school may have contact. While SFAP provides aid directly to students, there are other offices throughout the Department that provide block grants to states and local education agencies that in turn administer these funds for education programs. Chapter Nine of this Handbook covers several programs administered by OPE's Division of Higher Education Incentive Programs (DHEIP). (DHEIP is under Higher Education Programs (HEP), which, along with SFAP, make up the two major components of OPE.) These programs are the Robert C. Byrd Honors Scholarship Program, and the Paul Douglas Teacher Scholarship Program. [[Other offices within the Department]] Other offices outside OPE include the Office of Special Education and Rehabilitative Services (OSERS), Office of Vocational and Adult Education (OVAE), and Office of Bilingual Education and Minority Languages Affairs (OBEMLA). Two other offices you may have contact with are the Office of Inspector General (OIG) and Office for Civil Rights (OCR). [[Requesting funds through ED/PMS]] When Your school requests funds from the Department through the Federal Pell Grant, Campus-Based programs, or the William D. Ford Federal Direct Loan Program,*1* that request is handled through the ED Payment Management System (ED/PMS), which is located within the Office of the Chief Financial Officer. [[Direct Loan Task Force recent organizational changes]] The Direct Loan Task Force reports directly to Leo Kornfeld, Senior Advisor to the Secretary of Education (the Secretary). The Task Force was established to manage and implement the Direct Loan Program. In addition to the Task Force, Direct Loans has a policy component within the Policy Division of the Policy, Training, and Analysis Service (PTAS), a Direct Loans Branch within the Accounting and Financial Management Service, and a Systems Division within the Program Systems Service. Program regulations for the first year of the Federal Direct Student Loan Program (July 1, 1994-June 30, 1995) were published on January 4, 1994 (34 CFR Part 685). Program regulations for the second year of this program (July 1, 1995-June 30, 1996) were published on December 1, 1994. This program has been renamed the William D. Ford Federal Direct Loan Program. Loans available under this program are: Federal Direct Stafford/Ford Loans (also known as Direct Subsidized Loans) and Federal Direct Unsubsidized Stafford/Ford Loans (also known as Direct Unsubsidized Loans. The other two loans under the William D. Ford Program are Federal Direct PLUS Loans, and Federal Direct Consolidation Loans. Under the William D. Ford Program, loan capital is provided directly to student and parent borrowers by the federal government, rather than by private lenders. The U.S. Department of Education is the lender for Direct Loans. National Direct Loan Account Management Staff [[Other organizational changes related to Direct Loans]] The Default Management Section, which previously was part of the Institutional Monitoring Division under the Institution Participation and Oversight Service in SFAP has now become part of the National Direct Loan Account Management Staff that reports directly to Leo Kornfeld. The Default Management Section (708-6048) implements activities related to reducing defaults at schools. This section notifies schools of default rates and associated requirements, such as the school's obligation to submit a default management plan. It monitors the school's compliance with plan submission requirements, reviews the submitted plans, and notifies the submitting schools of plan approval or of any needed modifications. For schools that contest their default rates, this section reviews documentation submitted by the schools, resolves discrepancies in the schools' data, and determines if adjustments are justified. Schools that lose their FFELP eligibility because of high default rates are notified by this section and provided with guidance for submitting appeals. Requests by schools for withdrawal from the FFELP programs are processed through this section. *1* See page 2 for an explanation of the William D. Ford Federal Direct Loan Program. |
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