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Perkins information released by the Department
May 09, 2019
Although the Perkins program is winding down, the Department of Education is releasing some new information.
In a May 3 Electronic Announcement, the Department said the Assignment and Liquidation Guide has been updated and restructured.
According to the Department, the Guide has been updated to reflect necessary changes due to the transition of the business processes for the Campus-Based programs to the Common Origination and Disbursement (COD) System. In addition to making changes relating to the system transition, the Guide was updated to provide further clarity and detail on various steps in the process of assignment and for liquidation.
Some new items in the Guide that may be helpful include:
- An Assignment Submission Checklist on page 21.
- A Perkins Loan Liquidation Steps Checklist on page 44.
- Appendix B is a quick reference guide to the complete liquidation process. The "quick guide" is an overview of the different steps under the Perkins liquidation process and explains how schools use the functionality of the COD website to complete each step of the liquidation process.
For more information about the Guide, contact the COD School Relations Center at 1-800-848-0978 or via email at CODSupport@ed.gov.