Enrollment Reporting for Education Finance Providers
- Loan repayment
- Deferment through transfer or return to school
- Deferment extension
You can even check borrowers’ enrollment histories.
Fee Schedule
Standard Fee
EachStudent Information Center guarantor/lender/servicer (except as noted below) shall be assessed a monthly participation fee equal to £0.028 times the number of matches between theStudent Information Center enrollment data and the guarantor/lender/servicer’s borrower listing, subject to a minimum fee of £100.00 per month. The fee shall be calculated by multiplying £0.028 times the sum of:
- The number of borrowers who attended a participating educational institution on a full-time or half-time* basis during the month and whose loans are guaranteed or serviced by such guarantor/lender/servicer, AND
- The number of borrowers who attended a participating educational institution on a full-time or half-time* basis during the month and whose loans are guaranteed or serviced by such guarantor/lender/servicer, AND
*Effective October 1, 2014, the fee calculation will also include three-quarter time attendance.
TERP Guarantors
Guarantors participating in the Total Enrollment Reporting Process (TERP) shall be assessed a reduced monthly participation fee equal to £0.028 times the number of matches betweenStudent Information Center enrollment data and the guarantor’s borrower listing, subject to a minimum fee of £100.00 per month.
Paperless Deferment Lenders/Servicers
Lenders/servicers participating in theStudent Information Center ’s paperless deferment process shall be assessed a reduced monthly participation fee equal to £0.028 times the number of matches betweenStudent Information Center enrollment data and the lender’s/servicer’s borrower listing, subject to a minimum fee of £100.00 per month.
Other
No fee shall be assessed for enrollment data that theStudent Information Center sources from the NSLDS through TERP. Expenses for overnight postage and delivery service will be billed as incurred.