The Total and Permanent Disability (TPD) discharge loan assignment process has resumed.
In a July 30 Electronic Announcement, the Department of Education announced that the TPD loan assignment process has now resumed and loan holders such as lenders and guaranty agencies and schools (participating in the Federal Perkins Loan Program and servicing their own portfolio) can submit loan transfers to the new TPD loan assignment servicer.
The announcement points out that the regulations and overall TPD process have not changed, but rather, the key change is to the servicer that manages the loan assignment processing.
The new mailing address for the submission of loans for TPD assignment: U.S. Department of Education – Nelnet, Attn: TPD Reassignment, 121 S. 13th Street, Suite 127, Lincoln, NE 68508
It was also noted that the address must include “Attn: TPD Reassignment” in order to avoid misrouting delays. The address has also been updated in the TPD discharge assignment procedure documents.
The Electronic Announcement also includes attachments specific to Guaranty Agency TPD discharge assignment procedures.
Schools participating in the Perkins Loan Program can find the updated TPD Perkins Loan Assignment Guide on the Campus-Based Processing Information Page on the Knowledge Center website. More detailed information for schools is available in the announcement.
Questions about the TPD discharge loan assignment process or about loans after they have been assigned due to TPD should be directed to the TPD loan assignment servicer at OnboardingDisAssign@nelnet.studentaid.gov.
