Author: Federal Student Aid
Electronic Announcement ID: DL-25-01
Subject: Direct Loan Closeout Information for 2023–24 Program Year
The established data submission (closeout) deadline for the 2023–24 Direct Loan Program Year is Friday, July 31, 2025. All school data must be received and accepted by this date to be included in a school’s final Ending Cash Balance for the year.
Note: Exceptions to the established data submission (closeout) deadline may be made on a case-by-case basis if the school’s processing period extends beyond the deadline. Schools within this category should contact FSA Partner and School Relations Center at the number provided below for further assistance. Once the closeout deadline has passed, a school may seek relief from the deadline via the Request Reopen/Extended Processing function on the Common Origination and Disbursement (COD) website.
