| PublicationDate: 3/15/96 Summary: 1996-97 FAFSA Processing - Announcement #11 Author: ODAS - Office of the Deputy Assistant Secretary - SFA Announcement # 11 -- March 15, 1996 1996-97 FAFSA Processing Status Report In keeping with our commitment to keep you informed about the status of application processing for the 1996-97 award year, we are providing this daily announcement. This announcement is number eleven in the series. A. To date, the Central Processing System (CPS) has processed 855,000 applications. B. Students mailing 1995-96 FAFSAs/SARs to I-NET The Department has identified that students have incorrectly sent several 1995-96 FAFSAs and SARs for correction to I-NET, one of the Department's 1996-97 MDE contractors. As a result, these FAFSAs and SARs may be slightly delayed while they are identified upon receipt by the contractor and forwarded to the appropriate MDE for processing. Institutions may wish to impress upon their students the importance of sending their FAFSAs and SARs to the appropriate addresses for processing. These addresses can be found in Appendix D of GEN-95-10 (Action Letter #9: Transmitting a Guide to 1995-96 SARs and ISIRs) that was distributed in February 1995. C. Student Status Confirmation Reports (SSCRs) The Department distributed two Dear President letters (GEN-96-5 and GEN-96-7) in February and March which discuss the new electronic SSCR process that most schools will be required to implement in April 1996. GEN-96-5 distributes the SSCR User Guide in preparation for this new all-electronic process and GEN-96-7 provides institutions with the current schedule for the new SSCR process. FFEL institutions who plan to use EDExpress for SSCR processing should note the following: FFEL institutions that do not participate in the Direct Loan program, but intend to use EDExpress for processing SSCR data, must first define a Direct Loan institution code before processing SSCRs. To do this, the following SSCR setup steps should be taken. 1. Select Tools/Setup/Global/Institution. 2. Click the Add button. 3. Type a code beginning with G or E, followed by five numbers, in the Institution Code field. For example, G99999 or E88888. You cannot use a code that already exists in the Institution database. 4. Type your institution's name, address, city, state, and Zip code. 5. Click the check box next to Direct Loan Participant. 6. Click the Save button to save this code as your pseudo-Direct Loan institution code. If the code you entered is already in the Institution database, EDExpress alerts you that the code is a duplicate and returns you to the Institution Code field so you can type a different code. Also, be sure to complete the other setup steps for the SSCR feature as described in the topic SSCR under Setup/Direct Loan in the EDExpress for Windows online help. We hope this information is useful to you. Thank you for continuing support and understanding. |