| DCLPublicationDate: 5/1/96
DCLID: CB-96-5
AwardYear:
Summary: In late July, institutions will automatically receive an Electronic
FISAP Software package with 3 1/2" high density diskettes.
May 1996
CB-96-5
Dear Financial Aid Administrator:
In late July, institutions will automatically receive an Electronic
FISAP Software package with 3 1/2" high density diskettes. No
further action is required on your part if you can use 3 1/2"
high density diskettes. If you are unable to use 3 «" high density
diskettes, you must notify us of your preference, using the attached
form, by June 1, 1996.
In addition, if you plan to use a servicer to prepare and submit your
FISAP data, you should provide us with the name, address, and
contact person to ensure that the appropriate servicer receives your
FISAP package on time. We will no longer accept FISAP data
directly from servicers that do not have written approval from the
institution. We have had several instances where more than one
servicer has claimed responsibility for a school's data, or have
submitted a school's Electronic FISAP with zeros in all of the data
fields . This results in inaccurate FISAP reporting and inefficient
technical and program support for the institution. We will send your
Electronic FISAP package to the servicer of your choice, if you
instruct us to do so by completing the enclosed form. The servicer,
in turn, should submit your completed and properly signed FISAP
package to our contractor.
If you cannot use a 3 1/2" high density package or if you FISAP data
will be submitted by a servicer, you must provide this information to
our contractor at the address or fax # listed below no later than June
1, 1996.
Electronic FISAP
c/o Universal Automation Labs
8300 Colesville Road, Suite 500
Silver Spring, MD 20910
Fax number: (301) 565-0613
We appreciate your cooperation concerning these matters.
Sincerely,
Michele Selvage, Director
Institutional Financial
Management Division |