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[PDF File]Privacy Impact Assessment (PIA)
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The Debt Management and Collections System (DMCS) is the largest component of collections within Federal Student Aid. It provides a vehicle for the storage, retrieval, and editing of debtor information. Payments on defaulted accounts are processed through the National Payment Center (NPC) as part of this system. In addition, official
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[PDF File]U.S. Department of Education, Office of Federal Student ...
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of Federal Student Aid (FSA), to provide Operation and Maintenance support for the Debt Management and Collections System (DMCS). The contract has an approximate two-year and three month base period valued at approximately $143.3 million and eight one-year option periods. Based on estimated volumes, the total contract value is expected to be
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[PDF File]MOTIONS FOR CONSOLIDATION DENIED; COORDINATED …
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Jul 26, 2018 · to ED’s switch to DMCS – when FSA was still using a financial management tool called Legacy: Payments received in September, 2011 after Legacy shutdown (9/15/11). Payments received during this period would normally have an effective date (“date entered”) in September, 2011. DMCS assigned them an effective date in October, 2011.
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[PDF File]U.S. Department of Education’s PDF Student Aid Internet ...
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Federal Student Aid (FSA) Systems, the Primary DPA must validate the individuals enrolled for . SAIG ... Debt Management and Collections System (DMCS): The DMCS houses all defaulted debts held by FSA. This includes, but is not limited to, FFELP loans assigned from GAs ...
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[PDF File]PCA Procedures Manual
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PCA Procedures Manual - 2009 2 Disclaimer This PCA Procedures Manual is designed to enhance and expound upon contractual requirements as outlined in the RFQ and the Statement of Work. The Manual establishes many of the day-to-day procedures and policies necessary for Private Collection Agencies
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[PDF File]Testimony of James W. Runcie Chief Operating Officer ...
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Mar 12, 2014 · This matter should not detract from the incredible accomplishments of the Federal Student Aid workforce who manage a $138 billion student aid program that serves more than 14 million students and families attending over 6,000 institutions of higher education. In late 2011 FSA implemented the new Default Management and Collection System (DMCS).
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[PDF File]REQUEST FOR RECORDS DISPOSITION AUTHORITY use
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Collection System (DMCS) master data files. The DMCS collects defaulted federal student aid obligations Including National Federal Direct Loans The system contains software tools that enable defaulted student borrowers to enter Into repayment agreements with the Department These tools Include
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[PDF File]Testimony of Kathleen S. Tighe, Inspector General U.S ...
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On November 20, 2003, FSA entered into a contract with ACS Education Solutions, LLC, a company later purchased by Xerox in 2010 (ACS/Xerox), to service direct loans. The contract also included a requirement that it operate FSA’s debt management system (the original Debt Management Collection System, or DMCS).
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[PDF File]IN THE UNITED STATES COURT OF FEDERAL CLAIMS BID …
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The DMCS contract, managed by Maximus, operates the Federal Student Aid’s Default Resolution Group (DRG). Decl. ¶ 11. The work of DRG is very limited in comparison to the work of the PCAs, in that DRG staff may answer telephone calls received from student borrowers but cannot initiate telephone collections
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[PDF File]UNITED STATES DEPARTMENT OF EDUCATION OFFICE OF …
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when FSA migrated to the new DMCS2 system. On November 20, 2003, the Department and ACS entered into a contract to service loans, which also included the requirement to perform default management using the original Debt Management Collection System (DMCS). On June 30, 2010, ACS agreed to update DMCS to DMCS2 to include specific baseline functional
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Dmcs fsa collections