During the Summer of 2018, CampusLogic received additional guidance from the Department of Education, and from outside counsel, supporting the position that the technology exclusion for third party servicers would be applicable to the CampusLogic platform given its current functionality and services.  For that reason, CampusLogic has delisted with the third party servicer oversight group at the Department.

As part of this process, CampusLogic sent a notice to the Department of Education’s Third Party Servicer Oversight group on 6/28/2018, notifying the oversight group that while CampusLogic had previously reported as a Third Party Servicer out of an abundance in caution, it received guidance supporting the position that its platform falls within the technology exclusion, and thus, will no longer report as a third party servicer effective immediately. 

Please see the attached for additional information.