Direct Loans

William D. Ford Federal Direct Loan (Direct Loan) Program awards are processed through the Common Origination and Disbursement (COD) System.

Operational communications and guidance, technical documents, and related information specific to the Direct Loan Program and the processing of Direct Loan awards through the COD System are provided on this page. Electronic Announcements about Direct Loans are available below. Related resource information is available on the right side of this page.


To access the COD System page, click here.
To access the Grants page, click here.
To access the EDESuite page, click here.
To access the Campus-Based page, click here.

Electronic Announcements

The 15 most current Electronic Announcements specific to Direct Loan Program are listed below.

To view past Direct Loan Bulletins, click here.

To view more Electronic Announcements about Direct Loan Program, click here.

2020-10-19 (General) Subject: Active Confirmation of TG Numbers (SAIG Mailboxes) and Electronic Services User Accounts Required by Dec. 11, 2020 to Maintain Access to Federal Student Aid Systems
2020-10-16 (General) Subject: OUTAGE ALERT – IRS DRT Outage on Oct. 23, 2020
2020-10-05 (General) Subject: Registration Now Open for the 2020 Virtual Federal Student Aid Training Conference, Dec. 1–4, 2020
2020-10-02 (General) Subject: Columbus Day Federal Holiday Processing and Customer Service Hours
2020-09-30 (Loans) Subject: National Default Rate Briefing for FY 2017 Official Cohort Default Rates
2020-09-30 (COD System) Subject: 2020–2021 COD Technical Reference (September 2020 Update)
2020-09-28 (Loans) Subject: FY 2017 Official Cohort Default Rates Distributed Sept. 28, 2020
2020-09-24 (Loans) Subject: Email Reminder About COVID-19 Relief Measures to In-School Borrowers September 24–28, 2020
2020-09-23 (COD System) Subject: COD System Implementation Information for Additional COD System Changes to Support the CARES Act – Phase Two
2020-09-03 (General) Subject: End of Federal Fiscal Year 2020 – Impact on Funds Availability for Pell Grant, Campus-Based, Iraq and Afghanistan Service Grant, TEACH Grant, and Direct Loan Programs (G5 and COD System)
2020-09-03 (General) Subject: OUTAGE ALERT – Federal Student Aid Website and System Outages Sept. 13 and Sept. 19–20, 2020
2020-09-01 (General) Subject: TECHNOLOGY SECURITY ALERT – Active Ransomware Campaign Targeting Education Institutions
2020-08-27 (General) Subject: Labor Day Federal Holiday Processing and Customer Service Hours
2020-07-30 (General) Subject: OUTAGE ALERT – SAIG Outage July 31–Aug. 1, 2020
2020-07-30 (COD System) Subject: Additional COD System Implementation Information for COD System Changes to Support the CARES Act (Updated Oct. 6, 2020)