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How do we deal with loans that are scheduled for first disbursement after July 1, 2010, but have already been certified and guaranteed under FFELP?

April 26, 2017certified deal disbursement FFELP guaranteed july 1 2010 Loans scheduled

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How do we deal with loans that are scheduled for first disbursement after July 1, 2010, but have already been certified and guaranteed under FFELP?

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A. If the first disbursement cannot be rescheduled to occur before June 30, 2010, the school must contact the affected borrowers and have them complete a new DL MPN. Once the new MPN is completed, the school must then re-certify the loan using the appropriate Direct Loan process.