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Shoptalk 94, June 1999
 

New Implementation Schedule for CCI

In May 1999, the Common Manual Governing Board announced a new implementation schedule for the Common Claim Initiative (CCI). Previously, the implementation date for Common PCA (Preclaims Assistance) was set for September 1, 1999, with Common Claim and Supplemental Claim set for implementation on March 1, 2000.

The Student Loan Servicing Alliance (SLSA), along with the Program Operations Committee of the National Council of Higher Education Loan Programs (NCHELP), made a request to defer implementation of the CCI to coordinate it with the electronic CCI format implementation. As a result of this request, the Common Manual Governing Board approved the following motion, establishing a new implementation schedule for CCI reporting:

Each guarantor will establish a date on which it is ready to trade CCI records for preclaim reporting. Each guarantor will also establish a date on which it is ready to trade CCI records for claim reporting. These dates are hereinafter referred to as G dates.

  • Clients who file preclaim requests and claims with each guarantor will be provided a window of six months from the guarantor's G date to begin using CCI record formats for preclaim and claim reporting, respectively.
  • Guarantors will not set their G dates within the first two months after CCI record formats are published for preclaim and claim reporting, respectively. However, guarantors must set their G dates no later than 12 months after CCI record formats are published for preclaim and claim reporting, respectively.
  • Within 18 months of the dates on which NCHELP's designated workgroup publishes final documentation for CCI preclaim and claim record formats, all guarantors and their clients must be fully compliant with those record formats.

CCI preclaim record formats are expected to be published by June 15, 1999. Based on this expected publication date, guarantors may establish a G date no earlier than August 15, 1999, but no later than June 15, 2000. For example, if a guarantor establishes its G date as September 1, 1999, its trading partners may begin reporting preclaim records as early as September 1, 1999. However, because the implementation schedule provides for a six-month window, the guarantor would not require the reporting of preclaim records until March 1, 2000.

When TG has determined its G date for both preclaim and claim reporting, lenders and servicers will be notified.

For questions about the CCI implementation dates, contact Rinn Harper, Assistant Vice President, Claims, at (800) 252-9743, ext. 4612, or send an e-mail message to rinn.harper@tgslc.org.

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