2-17: Direct Loan Processing Information - New Street Address for Mailing Paper Master Promissory Notes and Endorser Addenda Effective March 24, 2017

Posted Date: February 17, 2017

Author:  John Kane, Acting Service Director, Program Management, Federal Student Aid

Subject: Direct Loan Processing Information - New Street Address for Mailing Paper Master Promissory Notes and Endorser Addenda Effective March 24, 2017

On March 24, 2017, the street address for sending paper Master Promissory Notes (MPNs) and Endorser Addenda to the Department of Education (the Department) via express or overnight delivery will change. There will also be a change to the P.O. Box address used for regular postal delivery.

The new address information will be as follows:

Delivery
Method

New address effective March 24, 2017…

Replaces old address…

Express or
Overnight
Delivery

U.S. Department of Education
2429 Military Road, Suite 200
Niagara Falls, NY 14304

U.S. Department of Education
100 Capitol Commerce Blvd.
Montgomery, AL 36117

Regular
Postal
Delivery

U.S. Department of Education
P.O. Box 9002
Niagara Falls, NY 14302

U.S. Department of Education
P. O. Box 5692
Montgomery, AL 36103-5692

What does this mean for a school and its borrowers?

Schools using the electronic version of the forms on the StudentLoans.gov website are not impacted by this change.

In most cases, there should be minimal impact on schools and borrowers using paper forms. However, a school using the paper forms should adjust its processes and documentation accordingly. In addition, while packages will be forwarded to the new location for a limited time, a school should begin to use the new addresses as soon as possible after March 24, 2017.

We are in the process of updating the address in posted documents, such as the Common Origination and Disbursement (COD) Technical Reference, and on any applicable Federal Student Aid websites. All correspondence will be updated with the address information as well.

Contact Information

For questions about the announcement, contact the COD School Relations Center at 800/848-0978. You may also email CODSupport@ed.gov.

 

Publication Date: 2/17/2017


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