The Clearinghouse complies with federal regulations, specifically CFR 682.610 and 685.309 (DCL 14-07). These regulations provide guidance for institutions to communicate enrollment status changes via Student Status Confirmation Reports (SSCRs), which contain information about students who received Title IV federal financial aid at your institution, or another institution, as determined by the National Student Loan Data System (NSLDS) .
NSLDS creates and sends SSCRs to the Clearinghouse on the first business day of each month. As your institution’s authorized agent, we respond to SSCRs with current student information from our database within 15 days of receipt, in accordance with DCL 14-07.
|NSLDS Sends SSCRs|
|NSLDS generates SSCRs approximately the first of each month. The Clearinghouse might process a mid-month SSCR update if we receive and upload enrollment changes to our database between the first and 14th of the month.|
|Clearinghouse Creates SSCR Responses|
|We create SSCR response files for participating institutions using the most recent data in our database at the time.|
|Clearinghouse Sends SSCR Responses|
|We send SSCR responses for participating institutions to NSLDS within 15 days of receipt. we might process a mid-month SSCR if we receive and process enrollment changes to our database between the first and 14th of the month.|