Welcome to the Current Activities Page. Here you will find current projects within FSA as well as presentations given by members of the Financial Partners Channel.

Economic indicators point to an increase in student loan defaults.  In order to preserve program integrity and accountability, it is a goal of the Secretary of Education and Federal Student Aid (FSA) to maintain a National Cohort Default Rate (CDR) below eight percent. 

To assist in this effort, the Financial Partners channel has created a clearinghouse of ideas and information for GAs to share.

A VFA incorporates and modifies the guaranty agreements under section 428 (b) and (c) of the HEA, and is intended to enhance program integrity, increase cost efficiencies, and improve the availability and delivery of student financial aid. Each VFA will be developed by the Secretary, in consultation with the agency, on a case-by-case basis, and in accordance with the HEA.

The Financial Partner's (FP) Data Mart provides executive information and decision support capabilities for several key business functions including Risk Management, Customer Relationship Management, Compliance Management, and Portfolio Management. The Financial Partners Channel is responsible for both current and retired loan programs and, as such, is under customer and program obligation to verify the capture and comparative ability of all programs. By collecting information from several sources into a central location, personnel in the Channel, as well as external partners, will be able to more efficiently identify areas in which each party may assist the other while improving the support for Students within the Federal Family Education Loan Program.

Daniel Pollard

FSA Borrower Services

Gary Hopkins

Director, Collections Group

Borrower Services - Collections

Financial Partners Services Eastern Region Boston Summit Partnership Meeting (8/31/05)

FSA/CFO

Common Review Initiative Update (8/31/05)

Boston Guaranty Agency Summit

Federal Loan Policy Forum (8/31/05)

Pamela Moran, FSA