Higher Education Services Corporation

Y2K Compliance: Student Loan and Scholarship Management Systems

The Higher Education Services Corporation administers grant and scholarship programs for students attending colleges in New York State. The Corporation maintains the Stafford Guaranteed Student Loan System, the Grants & Scholarships System, and the Debt Management Collection System. We conducted a review to assess whether the Corporation appears to be taking the necessary steps to address year 2000 problems for these three automated systems. The results of our review show that the Corporation is taking many of the steps necessary to address these problems.

For a complete copy of Report 99-Y-20 click here.