Last Updated October 12, 2011
Loan Purchase Program Activity Reports
Loan Purchase Program Agreements
Master List of Electronic Announcements
October 12, 2011: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #94: Criteria and Procedure for Release of Loans - Asset-Backed Commercial Paper (ABCP) Conduit Put Program (Conduit)
March 17, 2011: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #93: Loan Purchase Programs – Updated Instructions for Submission and Processing of Repurchase Requests (Rescission of Purchase); Post-sale Responsibilities
December 9, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #92: 2009-2010 Loan Purchase Program-Close Out of Post Sale Adjustments
December 9, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #91: Loan Purchase Programs – Guidelines for MLSA Section 7: Rescission of Purchase
October 4, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #90: Yield Rate Announced for Quarter Ending December 31, 2010
July 2, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #89: Participant Yield Rate Announced for Quarter Ending September 30, 2010
June 17 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #88: 2009-2010 MLSA Updated Bill of Sale Submission Instructions
May 21, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #87: Submission of original versions of the Loan Transmittal Summary Form and Loan Data Schedule
May 20, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #86: 2009-2010 Loan Purchase Programs Closing Dates
March 24, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #81: 2009-2010 Loan Purchase Commitment Program ? 45 Day Notice of Intent to Sell Submission Process and Updates to the Loan Conversion and Imaging Transfer Files
Updated May 11, 2010
May 5, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #85: Third Amended and Restated Put Agreement
April 19, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #84: Instructions for Submission of a Corrective Action Plan for Attestation Engagement Findings in the Loan Purchase Programs - Custodian
April 2, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #83: Participant Yield Rate Announced for Quarter Ending June 30, 2010
March 26, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #82: 2008-2009 Loan Purchase Program-Close Out of Post Sale Adjustments
March 24, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #80: Guidance related to meeting Servicer reporting requirements under Funding Note Purchase Agreement, Exhibit M (Form of Servicing Agreement), Section 1.6(d)
January 5, 2010: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #79: Participant Yield Rate Announced for Quarter Ending March 31, 2010
December 16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #78: Retention of Records Needed to Establish Eligibility of Loans Pledged to the Conduit Lender


November 18, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #77: Revised Date for Seller Submission of Electronic Signature ?Exemplary Affidavits? and Additional Information
October 19, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #76: Instructions for Obtaining Access to Department of Education Servicer Loan Information for 2009-10 MSLA AUPs
October 19, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #75: Instructions for Submission of a Corrective Action Plan for Agreed Upon Procedure Finding in the 2009-10 Loan Purchase Programs
October 19, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #74: Agreed Upon Procedures and Statement of Compliance Instructions for Lenders Participating in the 2009-10 Loan Participation Purchase Programs
October 14, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #73: Second Amended and Restated Put Agreement
This announcement has been superceded by EA#85 on May 5, 2010

October 5, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #72: Yield Rate Announced for Quarter Ending December 31, 2009

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

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)
August 7, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #71: 2008-2009 Loan Purchase Programs Closing Dates

August 6, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #70: Periods of Unavailability to Process Loan Sale Purchase Requests

August 6, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #69: Periods of Unavailability to Process Participation Funding Requests

July 16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #67: Participant Yield Rate Announced for Quarter Ending September 30, 2009
June 16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #66: Submission Process for the 2009-2010 Loan Purchase Programs
June 15, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #65: Internet Webinar on the Department of Education's 2009-2010 Loan Purchase Programs
May 28, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #64: Live Internet Webinar on the Closeout Procedures for the 2008-2009 Loan Purchase Programs
May 26, 2009: LOAN PURCHASE
PROGRAMS ELECTRONIC ANNOUNCEMENT #63: Loan Purchase Participation Program Closeout Reminder
May 13, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #61: Amended and Restated Put Agreement
This announcement has been superceded by EA#85 on May 5, 2010
May
11, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #60: The Department's Asset-Backed
Commercial Paper (ABCP) Conduit Program
May
6, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #59: Executed
Liquidity Loan Agreement and Amendments for the ABCP Conduit Put Program
April
23, 2009: LOAN PURCHASE
PROGRAMS ELECTRONIC ANNOUNCEMENT #58: Document Submission Instructions
for Banks Wishing to Perform as Custodians for the 2009-2010 Loan
Participation Purchase Program
April
16, 2009: LOAN PURCHASE
PROGRAMS ELECTRONIC ANNOUNCEMENT #57: Participant Yield Rate Announced
for Quarter Ending June 30, 2009
April
13, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #56: 2009-2010
Loan Purchase Programs - Notice of Intent to Participate Submission
Process (Updated April 16, 2009)

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

March
25, 2009: LOAN PURCHASE
PROGRAMS ELECTRONIC ANNOUNCEMENT #54: Loan Purchase Programs - Loan
Purchase Activity Reports
March
13, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #53: Loan
Purchase Participation Program - Revised Definition of “File
Creation Date” and Changed Payment Mechanism Announcement
March
10, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #52: Agreed
Upon Procedures Letter and Instructions for Submission of a Corrective
Action Plan for the 2007-2008 Short-Term Purchase Program
February 27,
2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #51: Additional
Document for the ABCP Conduit Put Program
This announcement has been superceded by EA
#59 on May 6, 2009


February
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
February
24, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #49: Contact
Information and Presentation of Documents for the ABCP Conduit Program (Updated October 14, 2009)
February
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

February 4, 2009: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #47: Announcement of First Conduit Under the
ABCP Conduit Put Program and Status of 2007-2008 Short-Term Purchase
Program
January
16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #46: 2009-2010
Loan Purchase Programs Agreements
January
16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #45: ABCP
Conduit Put Agreement
January
16, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #44:
Participant Yield Rate Announced for Quarter Ending March 31, 2009
January
15, 2009: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #43: Federal
Register Notice for 2009-2010 Loan Purchase Programs and the ABCP
Conduit Put Program
December
18, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #42: Short
Term Purchase Program - Department of Education Lender ID
December
16, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #41:
Correction to 2007-2008 Master Loan Sales Agreement Under the
Short-Term Purchase Program
December
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
December
11, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #39:
Submission of "Bill of Sale" and Data Files for Loan Sales Under the
2007-2008 Short-Term Purchase Program
December
3, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #38:
Submission of "Offer to Sell" Requests Under the 2007-2008 Short-Term
Purchase Program
November
28, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #37: Document
Submission Process for Execution of the Master Loan Sale Agreement for
the Short-Term Purchase Program
November
26, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #36: Federal
Register Notice and Master Loan Sale Agreement for Short-Term Purchase
Program
November
19, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #35: Instructions for Submission of a
Corrective Action Plan for Agreed Upon Procedure Finding
October
31, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #34:
Interpretative Guidance Regarding Loan Purchase Programs
October
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)
October
10, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #32: Periods
of Unavailability to Process Loan Sale Purchase Requests
October
10, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #31: Loan
Purchase Commitment Program - Department of Education Lender ID
October
1, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #30:
Participant Yield Rate Announced for Quarter Ending December 31, 2008
September
25, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #29: Loan
Participation Monthly Reporting and Payment Remittance Procedures
September
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
September
12, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #27: Loan
Purchase Commitment Program Loan Transfer/Conversion File (Updated
November 3, 2008)
September
9, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #26: MLSA Bill
of Sale Submission Instructions
September
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
September
3, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #24: Periods of
Unavailability to Process Participation Funding Requests
August
22, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #23: Document
Submission Process for the Loan Purchase Commitment Program.
August
19, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #22: Live
Internet Webinars on the Department of Education's plans to purchase
FFEL Program Loans.
August
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
August
11, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #20: Loan
Schedule and Custodial Certification Table Load Procedures for Loan
Participation Purchase Program
August
8, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #18:
Participant Yield Rate Announced for Quarter Ending September 30, 2008
August
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.
August
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.
August
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.
August
7, 2008: LOAN PURCHASE PROGRAMS ELECTRONIC ANNOUNCEMENT #14: Document
Submission Instructions for Banks Wishing to Perform as Custodians
August
1, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #11: Invitation to August 8 Live Internet
Webinar
August 1, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #10: Document Submission Process for the Loan
Participation Purchase Program
July 30, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #9: Notices of Intent to Participate in Loan
Purchase Commitment Program and Loan Participation Purchase Program -
Reminder
July 25, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #8: Revised Master Loan Purchase Agreements
July
24, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #7: Invitation to August 1st, 2008 Live
Internet Webinar
July 16, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #6: Invitation to July 22nd and 24th Live
Internet Webinars
July 11, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #5: Revised "Notice of Intent to Participate"
and Submission Dates
July 3, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #3: Delayed Release of Loan Purchase Master
Agreements
June 19, 2008: LOAN PURCHASE PROGRAMS
ELECTRONIC ANNOUNCEMENT #2: The Ensuring Continued Access to Student
Loans Act of 2008
June 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
May 9, 2008: DCL FP-08-06: School Use of a
Preferred Lender List in the FFEL Program
May 6, 2008: DCL FP-08-05: FFEL
Lender-of-Last-Resort Loan Program
April 14, 2008: DCL FP-08-03:
Lender-of-Last-Resort Services in the Federal Family Education Loan
Program
Legislation and Legal Notices
December
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.
July 17, 2008, Federal Register Notice
modifying Notice of Intent to Participate under the Loan Purchase
Commitment and Loan Participation Purchase programs
July 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
Ensuring
Continued Access to Student Loans
Act of 2008 (Pub. Law 110-227) (ECASLA)
Webinars
June 17, 2009: 2009-2010 FFEL Loan Purchase Program and Participation Programs
June 3, 2009: 2008-2009 Loan Purchase Programs Operational Closeout
September 26, 2008: FFEL Loan
Purchase Programs Webinar
September 12, 2008: Master
Loan Sales Agreement and
Operations Webinar
August 22, 2008: Master Loan
Sales Agreement and Operations
Webinar
August 15, 2008: Loan
Participation Program Operations III
- Questions and Answers
August 8, 2008: Loan
Participation Program Operations II
August 1, 2008: Loan
Participation Program Operations
July 24, 2008: Master Loan
Sales Agreement
July 22, 2008: Master
Participation Agreement
July 1, 2008: Loan Purchase and
Participation Programs Overview
Archived
Electronic Announcements <<
Home