NFLP-4 - Entering Borrowers Information

For this section, schools must report the status of all borrower accounts as of the end of this reporting period (June 30), not just the accounts that changed status during this reporting period. All data for this section is cumulative. The dollar amount entered in each column represents the total amount for the number of borrowers in each loan status category (e.g., student, grace period, cancellation, etc.).

Figure 1. NFLP-4 - Entering Borrowers Information

COLUMNS - Description of Required Information NUMBER OF BORROWERS – The number of borrowers who received loans.

PRINCIPAL LOANED – The dollar amount of loan principal disbursed. The column total should coincide with the CUMULATIVE amount reported on Form NFLP-1, Line D.1 (Loans to Students).

PRINCIPAL REPAID – The dollar amount of loan principal and interest repaid. The column total should coincide with the CUMULATIVE amounts reported on Form NFLP-1, Line C.3 (Loan Principal Collected) plus Line C.8 (Institutional Repayments of Bad Debt/Principal).

PRINCIPAL CANCELLED – Upon Employment as Nurse Faculty – the dollar amount of loan principal cancelled for employment. The column total should coincide with the CUMULATIVE total of amounts reported on Form NFLP-2, Lines F.1a, F.1.b, F.1.c, F.1.d (Principal).

PRINCIPAL CANCELLED – Upon Death/Disability – The dollar amount of loan principal cancelled due to the death or permanent and total disability of the borrower.

PRINCIPAL DELINQUENT – The dollar amount of loan principal that is delinquent. Include only the amount of those payments that are in deferment of repayment of the loan.

PRINCIPAL UNCOLLECTIBLE NOT PAST DUE – The dollar amount of loan principal not past due which the school has determined to be uncollectible after exercising due diligence in the collection of loans. DO NOT duplicate any of these amounts in OUTSTANDING BUT NOT DUE column.

PRINCIPAL OUTSTANDING BUT NOT DUE – The dollar amount of loan principal outstanding but not yet due according to the original or renegotiated repayment schedule. DO NOT duplicate any amounts in UNCOLLECTABLE NOT PAST DUE column.

PRINCIPAL WRITTEN OFF – The dollar amount of loan principal which has been written off pursuant to receiving written authorization from the DHHS

ROWS - Description of Required Information:

1. FULLY RETIRED (Borrowers accounts that are closed due to full repayment/cancellation/collection, death, disability, bankruptcy, write-off, uncollectible) NOTE: Data in these fields are mutually exclusive. The number and amount reported in any field should not reflect any student status more than once.

1. A: Report the information pertaining to borrowers who have fully retired their loans through cash repayments and/or through cancellation for eligible employment/professional practice.

1. B: Report the information pertaining to borrowers loans that have been fully retired due to death of the borrower.

1. C: Report the information pertaining to borrowers whose loans have been fully retired due to total disability.

1. D: Report the information pertaining to borrowers who have fully retired their loans through discharge in bankruptcy and have not received write-off approval.

1. E: Report the information pertaining to borrowers whose loans have been fully retired due to DHHS approved write-off.

1. F: Report the information for borrowers whose loans are uncollectible in accordance with the HRSA Student Financial Aid Guidelines-Fiscal Management: Collections.

2. CURRENT (Borrowers accounts that are active based on status as: NFLP student enrollment status, grace period following graduation, deferment of repayment, cancellation/postponement while employed as nurse faculty, repayment, past due) NOTE: Data in these fields are mutually exclusive. The number and amount reported in any field should not reflect any student status more than once.

2. A: Report the information for borrowers who are currently in student status (enrolled) working toward completion of the degree for which they obtained their loans.

2. B: Report the information for borrowers who are currently in the grace period due to termination or completion of the course of study for which they obtained their loans.

2. C: Report the information for borrowers who are currently in deferment of repayment as specified on the NFLP Promissory Note.

2. D: Report the information for borrowers who are currently engaged in employment that qualifies them for cancellation, who have filed a Request for Postponement of Installment Payment, and who are not past due on any payment.

2. E: Report the information for borrowers who are making payments in accordance with their repayment schedules.

2. F: Report the information pertaining to borrowers who have installments past due according through deferment or in postponement for cancellation and who are also past due on any prior payments.

3. IN BANKRUPTCY
3. A: Report the information pertaining to borrowers who have fully retired their loans through discharge in bankruptcy proceedings.
4. IN DEFAULT
4. A: Report the information pertaining to borrowers who are in default in their repayments (120 days and over).

5. FORBEARANCE
5. A: Report the information pertaining to borrowers who are currently in forbearance.

TOTAL: Totals of columns for the information on ALL ACCOUNTS of ALL BORROWERS who have ever received a loan through the NFLP program.

To Complete the Form: Click on the “Save and Validate” button located on the bottom right corner of your screen. If no errors are found, the BPMH system will automatically route you to the next required subform.