INACTIVE AWARDS INCORRECTLY CONSIDERED FOR MPN PROCESSING OPTIONS

Federal Student Aid recently announced that it has determined an issue in which the COD System is incorrectly evaluating inactive awards (award and disbursement amounts reduced to $0) when considering if a loan origination record is on file.

As a result, schools have been sent Master Promissory Note responses (message class: CRPN) prematurely.

Federal Student Aid is working to correct the issue, but a resolution date has not been determined.