Publication Date: November 15, 2007

DCL ID: ANN-07-23

Subject: G5 Phase I Implementation Webinar

Summary: This letter announces a G5 Phase I Implementation Webinar presented by the Department of Education's Office of the Chief Financial Officer. This webinar is an opportunity to learn more about the December 17, 2007 implementation of the first phase of G5, which will replace the current Grant Administration and Payment System.

Posted on 11-15-2007

Dear Colleague:

We are pleased to announce a G5 Phase I Implementation Webinar presented by the Department of Education’s (the Department’s) Office of the Chief Financial Officer (OCFO). This one-hour webinar will be offered on Thursday, December 6, 2007 from 1:00 pm - 2:00 pm Eastern Time.

Note: There may be a difference between your local time and Eastern Time. Please click on the link http://www.time.gov/ to determine your local time and its Eastern Time zone equivalent.

In June 2007, the Department announced the development of G5—a state-of-the-industry electronic system for grants management and payments. G5 will replace the current Grant Administration and Payment System (GAPS), including the e-Payments functionality used by schools to draw down Campus-Based, Academic Competitiveness Grant (ACG), National Science and Mathematics Access to Retain Talent Grant (National SMART Grant), Federal Pell Grant (Pell Grant), and William D. Ford Federal Direct Loan (Direct Loan) funds. G5 will provide a number of performance, processing, and customer enhancements.

As previously explained, the Department will implement G5 in three phases over several years. Phase I of G5 will address e-Payments and provide improved drawdown functionality. Full implementation of Phase I is planned for December 17, 2007.

In addition to the G5 Phase I overview and training resources posted to date, the OCFO is presenting this webinar as another opportunity to learn more about G5 Phase I and prepare for its implementation. The topics that will be covered are as follows:

• G5 three-phase implementation approach
• Advantages to G5 functionality
• New online Help functionality
• Contact information for assistance with G5

This webinar will be conducted using Federal Student Aid's distance education software, which allows you to participate without leaving your desk. Registration is required for this webinar; to register, please click on the following link:

http://w.on24.com/r.htm?e=98332&s=1&k=BE0376D858C10826ABFEC51A1D556282

Registration is on a first-come, first-served basis. Please note that the only way you can participate in this webinar is by registering in advance.

Once registered, you will receive an e-mail confirmation. Be sure to retain this e-mail as it will contain important information including linking and log-in information for the Web site, system test links, and information on how to cancel your registration if you will be unable to attend.

If you will be unable to attend, please take the time to cancel so that individuals who wish to attend will be able to register. We expect a high demand for this webinar and want to accommodate as many of our colleagues as possible.

Note: For those unable to attend the webinar, a recording of the webinar will be available on the on the GAPS e-Payments Web site and the G5 Web site shortly after December 6, 2007.

We look forward to your participation in this webinar.

Sincerely,

Posted 11/16/07 to www.NASFAA.org. Please submit Web Site questions or comments to Web@NASFAA.org