Allows schools to take advantage of some or all of FFELP offerings
Direct2FFELP allows agencies participating in the Federal Family Education Loan Program (FFELP) to offer their student lending services to schools that are currently using the Federal Direct Lending Program.

Direct2FFELP provides a simple web interface for secure data communication between Direct Lending schools and FFELP lending agencies. Through this software, schools can offer its students standard and alternative loans from the FFEL Program in addition to the the Direct Lending Program loans.

Can be used in strategy to transition schools back to FFELP
This product will also help ease the transition of schools that want to switch back to the FFELP from Direct Lending. Schools using Direct2FFELP will be able to develop relationships with the FFELP agencies providing them this software and the lending services.

Has minimal impact on schools — no new software to install
Without changing their tools or processes, school financial aid offices can route their loan applications or change requests through Direct2FFELP to a supporting guarantor or lender.

Process Direct Lending Files as FFELP loans through CommonLine®
The FFELP agency will receive the request in the industry standard CommonLine® 5 format. Likewise, responses to the school are sent in CommonLine formatted files through Direct2FFELP, which processes the information, and forwards it to the school in the Common Origination and Disbursement (COD) record formats.

Direct2FFELP can operate as a standalone process, or can be plugged into PTI’s Priority eSBS™ for an even broader suite of school-based loan management features, including:

• Web-based user interface
• Single point of operation for all loan functions
• Powerful standard and ad-hoc reporting on all loan information
• Integration with ISIR and FAMS data
• Built-in Meteor Access Provider software

For more information about Direct2FFELP, Priority eSBS, or other FFELP solutions from PTI, including pricing and availability, please contact Nathan Biggs at (402) 292-1212 ext.110, or Nathan.Biggs@prioritytech.com.