| PublicationDate: 4/18/96 Summary: 1996-97 FAFSA Processing - Announcement #36 Author: ODAS - Office of the Deputy Assistant Secretary - SFA Announcement # 36, April 18, 1996 This is announcement number 36 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 17, 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 15 698,030 698,030 (100%) Completed Feb 16 - Feb 29 880,833 880,833 (100%) Completed SUBTOTAL: 2,017,372 2,017,372 (100%) Completed Mar 1 - Mar 15 973,978 943,535 (97%) Apr 22 Mar 16 - Mar 31 550,570 538,270 (98%) Apr 22 SUBTOTAL: 3,541,920 3,462,611 (98%) Apr 22 April 1- April 15 571,614 246,973 (43%) 14 days from receipt April 16 - April 30 109,488 14 days from receipt TOTAL: 4,223,022 3,746,150 (89%) 14 days from receipt 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. CPS "Compute" Due to technical difficulties, CPS was unable to perform two scheduled "computes" earlier this week. The "compute" is the application processing step which results in the generation of the ISIR. Although the document keying/imaging processes have continued at full speed this week, institutions have not seen the results of those efforts. That is about to change. The technical difficulties have been overcome and a LARGE "compute" has been running since early this morning. The results of this LARGE "compute" - the ISIRs - should be available for retrieval by the institutions after 9:00 pm EDT today - Thursday, April 18, 1996. Thank you for your continued patience and support. |