Prior to implementation of the LaRS, lenders and servicers used the hardcopy ED Form 799 to submit quarterly loan information reporting origination and lender fees collected, interest and subsidized loans that qualify for grace and authorized deferment and special allowance payments for the life of the loan.

Federally-Insured Student Loan (FISL) Claims Request--ED Form 1207 [XLS - 1 page] (submitted to ED as needed)

Federally-Insured Student Loans (FISL) issued to students were guaranteed by the Department of Education until June 1984. FISLs were similar to today's Stafford loans, but the Department provided the loan guarantee to lenders instead of a GA. When students default on their FISL loans, the lenders file claims directly with the Department requesting payment for the outstanding balance due.

An ED Form 1207 instructions document [PDF - 3 pages] is also available.

Submit hard copy ED Form 1207s to:
U.S. Department of Education
Financial Management
P.O. Box 2768
Washington, DC 20013-2768

Check IFAP, Information for Financial Aid Professionals, for Federal Registers and Dear Colleague Letters pertaining to the FFEL programs.

Should you have any questions or comments concerning Lender Reporting, contact us by at fsa_lr@ed.gov.