| PublicationDate: 4/2/96 Summary: 1996-97 FAFSA Processing - Announcement #24 Author: ODAS - Office of the Deputy Assistant Secretary - SFA Announcement # 24-- April 2, 1996 This is announcement number 24 in our series of daily FAFSA updates for financial aid administrators. For information on individual applications, parents and students should contact 319-337-5665. 1996-97 Free Application for Federal Student Aid (FAFSA) Processing Status Report A. Status of Applications as of April 1, 1996 No./Percent. Expected FAFSA No. of Paper of Paper Apps. Date to Receipt Date Apps. Rec'd. Processed Complete =============================================== Jan 1 - Jan 31 438,509 438,509 (100%) Completed Feb 1 - Feb 15 697,480 679,076 (97%) Apr 5 Feb 16 - Feb 29 882,977 686,603 (78%) Apr 5 SUBTOTAL: 2,018,966 1,804,188 (89%) Mar 1 - Mar 15 976,122 369,440 (38%) Apr 15 Mar 16 - Mar 31 577,531 44,306 (8%) Apr 15 TOTAL 3,572,619 2,217,934 (62%) Note: Expected Date to Complete reflects the date that the Department expects all paper applications with these receipt dates to have been entered and processed by the Central Processing System. B. Changing number of application receipts The Department would like to respond to the question about why there are changes in the data we share with you in those columns that show applications receipts. Our MDEs follow very specific procedures for dealing with the exceptionally high volumes of daily mail they receive. Thus, when applications are first received at the MDEs, the MDEs provide the Department with an estimated number of receipts based on the number of envelopes that fit into the standard sorting trays into which they are placed in the document receipt facility. This is a standard procedure at high- volume forms processors in the private and public sectors where daily mail volumes can be in the tens or hundreds of thousands. While these estimated counts are reasonably accurate, they obviously are not as precise as the counts we receive at the stage when we actually process the applications. However, we share these estimates with you since they are the best initial indicator we have of receipts until applications are actually processed. We will continue to share with you both estimated and actual counts so that you will have the most accurate data we have. C. Archiving SFA BBS announcements On Friday, April 5, the Department will delete the first ten SFA BBS announcements from the SFA BBS. If you have a need to keep copies of these announcements, please print out those you wish to keep or save copies of them to your own computer or floppy disk. Thank you for your continued understanding and support. |