You Spoke, We Listened: Nelnet’s Industry-Standard Loan Portfolio Report
We heard that you needed more data fields. We heard that other areas within a school could benefit from an enhanced portfolio report. So, over the last several months, Nelnet worked in partnership with others in the industry to create a new industry-standard report which will be added to our Nsight Plus report tool. Our new report, called the Nelnet Serviced Student Loan Portfolio Detail Report, will be implemented in the third quarter of 2013.
Our new Nelnet Serviced Student Loan Portfolio Detail Report will make it very easy for you to access the information you need – from your FA Office to enrollment. There will be many more data elements that can help you better examine your borrower portfolio serviced by Nelnet.
You will be able to access the information you need on Nsight Plus—even schedule the report to be sent to your e-mail inbox in your preferred frequency. You can even have it automatically e-mailed to others at your school!
We are excited to offer this new, enhanced report. You’ll be hearing more from us in the coming months. If you have any concerns or questions, please contact your Regional Director.
Hooray!
Any idea on what the new fields/enhancements are going to be?
Peter
http://www.facebook.com/PantheonStudentSolutions
Great question Peter! More info to come soon but here is a bit more detail for you – hope it helps.
The objective of the Service Provider Loan Portfolio Detail Report is to consolidate current servicer (in this case, Nelnet) and NSLDS reports into a single format to provide detailed loan information to schools in a standard format.
The report will list loan information for all borrowers associated with a specific school who are on the Nelnet system currently. The report can be used in a variety of ways to meet the school’s specific needs as it relates to monitoring the repayment performance of students and helping the school take the appropriate actions to manage their cohort default rate.
All detailed loan information will be provided at a loan level, and demographic information provided at the borrower level; both are based on the current information on the Nelnet database.
Thanks! Dawn Knight