The Clearinghouse Reporting Procedure: All learning students Reported
The Clearinghouse’s comprehensive reporting process covers all help recipients (federal and personal), assisting to avoid pupils from being over looked. Schools and their students reap the benefits of quicker, more prompt reporting and deferment kind processing which also allows greater precision and less mistakes. The Clearinghouse provides status and deferment information to the Department of Education’s NSLDS (National Student Loan Data System), guaranty agencies, lenders, and servicers on your behalf as your authorized agent.
The Clearinghouse Data Flow with NSLDS
The Clearinghouse responds to NSLDS requests for Student Status Confirmation Reports (SSCRs) following this data flow on behalf of your school
The Clearinghouse Information Flow with Schools
Sporadically, you will need to report the enrollment status for the pupils into the Clearinghouse via secure FTP according to your school’s transmission schedule. If you be involved in our free DegreeVerify solution, you’ll also report your level information to us.
The Clearinghouse Information Flow with Loan Providers
One other way that the Clearinghouse completes conformity reporting for the school is via weekly notifications for non-Direct Loans.
Your School’s Transmission Schedule
- Designed to meet conformity guidelines along with your school’s reporting needs
- Adjustable (watch our “Online File Transmission Schedule” guide)
- Evergreen. You enter a routine for starters full educational 12 months and we automatically create a unique one for you personally each year.
Listed here is the typical reporting and conformity routine: