BFrame Enhances Department of Education Student Loan Rehabilitation Software

DULUTH, GA — BFrame today announced enhanced software features to support new student loan rehabilitation program requirements dictated by the Federal Government and improve customer efficiency. The new fully-featured, all-inclusive rehab tracking, funding and built in tools help customers both manage and streamline their student loan recovery processes.

New federal calculators built right into the system enable agents to work with borrowers quickly and easily to obtain accurate monthly payments for rehabilitation. Fully audited and includes all of the most current requirements for FISC and Fifteen Percent calculations. The module also tracks all aspect of the rehabilitation process including documents, ROL paperwork, letters and reviews.

Additional enhancements to reporting have been implemented into the system for late payments, missed payments, gap reports and funding reports. The numerous enhancements in addition to a fully FISMA and FED Ramp compliant infrastructure give agencies a turn-key solution for meeting all technical and physical requirements set forth by the US Department of Education and other Student Loan Guarantors.

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