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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 the Direct Loan Program are listed below.

To view past Direct Loan Bulletins, click here.

To view more Electronic Announcements about the Direct Loan Program, click here.
  • 09/10/2018 - (General) Subject: End of Federal Fiscal Year 2018 – Impact on Funds Availability for Pell Grant, Campus-Based, Iraq and Afghanistan Service Grant, TEACH Grant, and Direct Loan Programs (G5 and COD System)
  • 08/24/2018 - (General) Subject: Labor Day Federal Holiday Processing and Customer Service Hours (Updated August 30, 2018)
  • 08/16/2018 - (COD System) Subject: 2018-2019 COD Technical Reference (August 2018 Update)
  • 07/26/2018 - (General) Subject: OUTAGE ALERT – Federal Student Aid Website and System Outages August 3-6, 2018
  • 07/06/2018 - (Direct Loans) Subject: Additional 2016–17 Direct Loan Program Year Closeout Information
  • 06/29/2018 - (EDESuite) Subject: Availability of Direct Loan (DL) Tools for Windows, Release 18.0
  • 06/22/2018 - (General) Subject: Independence Day Federal Holiday Processing and Customer Service Hours
  • 06/20/2018 - (Direct Loans) Subject: Operational Guidance for Direct Loan Origination Fee Change October 1, 2018
  • 06/18/2018 - (COD System) Subject: 2018-2019 COD Technical Reference (June 2018 Update)
  • 06/06/2018 - (Direct Loans) Subject: Changes to Availability of Paper Direct Loan Counseling Guides and Direct Loan Master Promissory Notes
  • 06/06/2018 - (General) Subject: FY 19 Sequester-Required Changes to the Title IV Student Aid Programs
  • 06/05/2018 - (COD System) Subject: Additional COD System Implementation for 2018–19 Award Year
  • 05/25/2018 - (EDESuite) Subject: Availability of EDExpress for Windows 2018-2019, Release 2.0
  • 05/23/2018 - (Loans) Subject: Temporary Expanded Public Service Loan Forgiveness Opportunity Now Available
  • 05/18/2018 - (General) Subject: Interest Rates for Direct Loans First Disbursed Between July 1, 2018 and June 30, 2019

Direct Loan Processing Information

Classification of Instructional Programs (CIP) Codes

New Direct Loan Schools

New Direct Loan Schools

Links to information for potential and new Direct Loan schools

Sample MPNs and Communications

Foreign Schools

Foreign Schools

Links to information for foreign schools

Default Prevention

Default Prevention

Links to information for default prevention

Computer-Based Training

Computer-Based Training

Links to COD System computer-based training

Plugins & ViewersPlugins & Viewers

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