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This document provides an overview of the Pay.gov ACH Funds Remittance process for lenders participating in the Federal Family Education Loan Program (FFELP). It describes the process for remitting two types of fees electronically: the quarterly FFEL Lenders’ Interest & Special Allowance (LaRS) fee and the monthly FFEL Consolidation Loan Rebate Fee (CLRF). Lenders log into the Financial Management System (FMS), select the appropriate form, and enter payment details including the lender name, payment amount,

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