Estimated NFP_goliveDates_03072012.pdf

HCERA/SAFRA - Not-For-Profit (NFP) Servicer Program

Solicitation Number: NFP-RFP-2010 Estimated NFP Go-Live Dates and Status Updates (as of 03/07/12)

Please note: This is not meant to be a comprehensive list, and entities that have submitted proposals prior to the date of this posting may be added to this list as they are determined to be eligible and qualified in accordance with the terms of this solicitation.

The Department will continue to evaluate all proposals received in accordance with the terms and conditions of the solicitation, and will update this list as additional determinations are made.

Any changes from the previous list will be denoted in bold italics.

Update: FSA has been working aggressively to implement the new not‐for‐profit servicers. Through January 2012 we have brought up three entities representing 13 not‐for‐profits. We currently have an additional 22 not‐for‐profits slated to go live through mid‐2013. As we have gained experience with this process, however, we have learned that our original schedule did not fully accommodate the level of effort required to bring up servicers in a way that minimizes risks for borrowers, FSA, and the not‐for‐profits themselves. Accordingly, we have revised the implementation schedule moving forward to better reflect experience to date, allow not‐for‐profits and their subcontractors more time to meet federal requirements, and minimize risks to borrowers.

Not for Profit Entity

Prime/

Sub

Updated

Go Live

Date

Previous

Go Live

Date

Delay from Dec

Plan

1 Missouri Higher Education Loan Authority (MOHELA) Prime Live Live none

2 Alaska Student Loan Corporation (ASLC) Sub Live Live none

3 NorthStar Education Finance, Inc. Sub Live Live none

4 Indiana Secondary Market for Education Loans, Inc. (ISM) Sub Live Live none

5 Panhandle‐Plains Higher Education Authority, Inc. (PPHEA) Sub Live Live none

6 North Dakota Sub Live Live none

7 New Jersey Sub Live Live none

8 Educational Services of America, Inc. (Edsouth Services) Prime Live Live none

9 Arkansas Student Loan Authority (ASLA) Sub Live Live none

10 Finance Authority of Maine (FAME) Sub Live Live none

11 Illinois Designated Account Purchase Program (IDAPP) Sub Live Live none

12 Louisiana Public Facilities Authority (LPFA) Sub Live Live none

13 Maine Education Services (MES) Sub Live Live none

14 Wyoming Student Loan Corporation (WyoLoan) Sub Live Live none

15 Utah Higher Education Assistance Authority (UHEAA) Prime Live Live none

16 Aspire Resources Inc. (formerly ISL Service Corp) Prime Apr 2012 Apr 2012 none

17 New Hampshire Higher Education Loan Corporation (NHHELCO) Prime Apr 2012 Apr 2012 none

18 Oklahoma Student Loan Authority (OSLA) Prime Jul 2012 Jul 2012 none

19 Tru Student, Inc. Prime Jul 2012 Jul 2012 none

20 Student Assistance Foundation of Montana (SAF) Sub Jul 2012 Jul 2012 none

21 South Carolina Student Loan Corporation Prime Aug 2012 Apr 2012 3 months

22 Vermont Student Assistance Corporation (VSAC) Prime Oct 2012 Oct 2012 none

23 Kentucky Higher Education Student Loan Corporation (KHESLC) Prime Nov 2012 Oct 2012 1 month

24 College Foundation, Inc. (CFI) Prime Feb 2012 Oct 2012 4 months

25 Council for South Texas Economic Progress (COSTEP) Prime Feb 2012 Oct 2012 4 months

26 Georgia Student Finance Authority (GSFA) Prime Jun 2013 Jan 2013

4.5 months

27 Brazos Loan Servicing, Inc. (BLS) Prime Jun 2013 Jan 2013 4 months

28 Academic Finance Corporation (AFC) Sub Jun 2013 Jan 2013 4 months

29 Trinity Higher Education Authority, Inc. (Trinity) Sub Jun 2013 Jan 2013 4 months

30 New Mexico Educational Assistance Foundation (NMEAF) Prime Jul 2013 Jan 2013 6 months

31 Connecticut Student Loan Foundation (CSLF) Prime Sept 2013 Jul 2013 3 months

[End of List]