2008-2009 Loan Purchase Programs

Last Updated November 18, 2009


Loan Participation Purchase Program Q & A Loan Purchase Commitment Program Q & A
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Loan Purchase Program Activity Reports

Correspondence from The Secretary of Education

this article is for 0809June 20, 2008: Secretary Spellings Letter to Institutional Presidents


this article is for 0809May 21, 2008: Secretary Spellings Letter to FFEL Lenders


this article is for 0809February 27, 2008: Secretary Spellings Letter to Institutional Presidents



Approved Custodian List

this article is for 0809Approved Custodian List —Updated August 20, 2008


Electronic Announcements

this article is for 2007-2008this article is for 2008-2009this article is for 2009-2010November 18, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #77: Revised Date for Seller Submission of Electronic Signature “Exemplary Affidavits” and Additional Information

this article is for 2008-2009this article is for 2009-2010October 5, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #72: Yield Rate Announced for Quarter Ending December 31, 2009

this article is for 2008-2009this article is for 2009-2010May 14, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #62: Loan Purchase Participation Program - Revised Loan Schedule and Eligibility Edits Announcement (updated September 2, 2009)

this article is for 2008-2009this article is for 2009-2010 July 31, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #68: New Federal Student Loan Servicers and Updates to Loan Conversion Transfer and Imaging Transfer Files (Updated August 14, 2009)

this article is for 2008-2009 August 7, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #71: 2008-2009 Loan Purchase Programs Closing Dates

this article is for 2008-2009this article is for 2009-2010 August 6, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #70: Periods of Unavailability to Process Loan Sale Purchase Requests

this article is for 2008-2009this article is for 2009-2010 August 6, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #69: Periods of Unavailability to Process Participation Funding Requests

this article is for 2008-2009this article is for 2009-2010 July 16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #67: Participant Yield Rate Announced for Quarter Ending September 30, 2009

this article is for 2008-2009 May 28, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #64: Live Internet Webinar on the Closeout Procedures for the 2008-2009 Loan Purchase Programs

this article is for 2008-2009May 26, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #63: Loan Purchase Participation Program � Closeout Reminder

this article is for 2008-2009April 16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #57: Participant Yield Rate Announced for Quarter Ending June 30, 2009

this article is for 2007-2008this article is for 2008-2009 April 6, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #55: Instructions for Obtaining Access to Information from the Department's Servicer for MLSA AUPs

this article is for 2007-2008this article is for 2008 2009March 25, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #54: Loan Purchase Programs - Loan Purchase Activity Reports

this article is for 2008-2009 March 13, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #53: Loan Purchase Participation Program - Revised Definition of �File Creation Date� and Changed Payment Mechanism Announcement

this article is for 2007-2008this article is for 2008 2009this article is for 2009-2010February 25, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #50: Guidelines for Lenders Providing Loan Documents for Sale of Eligible FFEL Loans to the Department - Loan Purchase Commitment Programs

this article is for 0809February 9, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #48: Reminder of Final Date to Execute Master Loan Sale Agreement for the 2008-2009 Loan Purchase Commitment Program

this article is for 0809 January 16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #44: Participant Yield Rate Announced for Quarter Ending March 31, 2009

this article is for 0809December 12, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #40: Agreed Upon Procedures and Corrective Action Plan Instructions for Lenders Participating in the Loan Purchase Commitment Program for 2008-09 FFEL Loans

this article is for 0809 November 19, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #35: Instructions for Submission of a Corrective Action Plan for Agreed Upon Procedure Finding

this article is for 0809October 31, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #34: Interpretative Guidance Regarding Loan Purchase Programs

this article is for 0809October 22, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #33: Agreed Upon Procedures and Statement of Compliance Instructions for Lenders Participating in the Loan Participation Purchase Program (Updated November 5, 2008)

this article is for 0809October 10, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #32: Periods of Unavailability to Process Loan Sale Purchase Requests

this article is for 0809October 10, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #31: Loan Purchase Commitment Program - Department of Education Lender ID

this article is for 0809October 1, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #30: Participant Yield Rate Announced for Quarter Ending December 31, 2008

this article is for 0809September 25, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #29: Loan Participation Monthly Reporting and Payment Remittance Procedures

this article is for 0809September 19, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #28: Live Internet Webinars on the Department of Education's plans to purchase FFEL Program Loans and Participation Interests

this article is for 0809September 12, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #27: Loan Purchase Commitment Program Loan Transfer/Conversion File (Updated November 3, 2008)

this article is for 0809September 9, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #26: MLSA Bill of Sale Submission Instructions

this article is for 0809September 5, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #25: Live Internet Webinars on the Department of Education's plans to purchase FFEL Program Loans and Participation Interests

this article is for 0809September 3, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #24: Periods of Unavailability to Process Participation Funding Requests

this article is for 0809August 22, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #23: Document Submission Process for the Loan Purchase Commitment Program.

this article is for 0809August 19, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #22: Live Internet Webinars on the Department of Education's plans to purchase FFEL Program Loans.

this article is for 0809August 13, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #21: Live Internet Webinars on the Department of Education's plans to purchase FFEL Program Loans and Participation Interests

this article is for 0809August 11, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #20: Loan Schedule and Custodial Certification Table Load Procedures for Loan Participation Purchase Program

this article is for 0809August 8, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #18: Participant Yield Rate Announced for Quarter Ending September 30, 2008

this article is for 0809August 8, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #17: Monthly Aggregate Settlement Date Report Submission Procedures (updated September 25, 2008)
Please use the most recent guidance available when submitting required documentation to the Department.


this article is for 0809August 8, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #16: Revised Document Submission Process for Request for Funding (updated September 25, 2008)
This announcement has been superceded by EA #53 on March 13, 2009.


this article is for 0809August 7, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #15: Monthly Rolling Forecast Reporting Process for Loan Participation Purchase Program (Updated September 19, 2008)
Please use the most recent guidance available when submitting required documentation to the Department. There is no need to resubmit documentation due to published revisions in format, submission instructions or data requirements.

this article is for 0809August 7, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #14: Document Submission Instructions for Banks Wishing to Perform as Custodians

this article is for 0809August 1, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #11: Invitation to August 8 Live Internet Webinar


this article is for 0809August 1, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #10: Document Submission Process for the Loan Participation Purchase Program

this article is for 0809July 30, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #9: Notices of Intent to Participate in Loan Purchase Commitment Program and Loan Participation Purchase Program - Reminder

this article is for 0809July 25, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #8: Revised Master Loan Purchase Agreements


this article is for 0809July 24, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #7: Invitation to August 1st, 2008 Live Internet Webinar

this article is for 0809July 16, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #6: Invitation to July 22nd and 24th Live Internet Webinars

this article is for 0809July 11, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #5: Revised "Notice of Intent to Participate" and Submission Dates

this article is for 0809July 3, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #3: Delayed Release of Loan Purchase Master Agreements

this article is for 0809June 19, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #2: The Ensuring Continued Access to Student Loans Act of 2008

this article is for 0809June 12, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #1: Effect of FFEL Borrower Benefits on the Eligibility of Loans to be Sold to the Department


Dear Colleague Letters

this article is for 0809May 9, 2008: DCL FP-08-06: School Use of a Preferred Lender List in the FFEL Program


this article is for 0809May 6, 2008: DCL FP-08-05: FFEL Lender-of-Last-Resort Loan Program


this article is for 0809April 14, 2008: DCL FP-08-03: Lender-of-Last-Resort Services in the Federal Family Education Loan Program

Legislation and Legal Notices

this article is for 0809December 2, 2008, Federal Register Notice outlining terms and conditions of the purchase of 07-08 academic year loans under the Ensuring Continued Access to Student Loans Act of 2008.

this article is for 0809July 17, 2008, Federal Register Notice modifying Notice of Intent to Participate under the Loan Purchase Commitment and Loan Participation Purchase programs

this article is for 0809July 1, 2008, Official Federal Register Notice outlining the terms and conditions of the Department's authority to purchase loans under the Ensuring Continued Access to Student Loans Act of 2008

this article is for 0809Ensuring Continued Access to Student Loans Act of 2008 (Pub. Law 110-227) (ECASLA)


Webinars

this article is for 0809June 3, 2009: 2008-2009 Loan Purchase Programs Operational Closeout

this article is for 0809September 26, 2008: FFEL Loan Purchase Programs Webinar

this article is for 0809September 12, 2008: Master Loan Sales Agreement and Operations Webinar

this article is for 0809August 22, 2008: Master Loan Sales Agreement and Operations Webinar

this article is for 0809August 15, 2008: Loan Participation Program Operations III - Questions and Answers

this article is for 0809August 8, 2008: Loan Participation Program Operations II

this article is for 0809August 1, 2008: Loan Participation Program Operations

this article is for 0809 July 24, 2008: Master Loan Sales Agreement

this article is for 0809July 22, 2008: Master Participation Agreement

this article is for 0809July 1, 2008: Loan Purchase and Participation Programs Overview

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Last updated/reviewed November 18, 2009

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