| PublicationDate: 4/29/96 Summary: 1996-97 FAFSA Processing - Announcement #44 Author: ODAS - Office of the Deputy Assistant Secretary - SFA Announcement # 44, April 29, 1996 This is announcement number 44 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 28, 1996 No./Percent. Expected FAFSA No. of Paper of Paper Apps. Date to Receipt Date Apps. Rec'd. Processed Complete =============================================== Jan 1 - Mar 31 3,544,386 3,544,386 (100%) Completed Apr 1- Apr 15 576,989 576,989 (100%) Completed Apr 16 - Apr 30 451,202 292,912 (65%) 14 days from receipt TOTAL: 4,572,577 4,414,287 (97%) 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. Electronic FAFSA Corrections In our announcement dated April 19 (announcement #37) we advised you that correction records generated with the "old" version 4.1 of EDExpress had the signature flag set in the wrong position of the correction record. As soon as the problem was detected, the CPS implemented a manual procedure to reset the flag into the proper position to prevent those correction records from being rejected by the processor. We distributed an EDExpress software upgrade (version 4.2) at the beginning of the month of April. This version of the software corrects the signature flag problem. If you are still using version 4.1 of the EDExpress software, please install the upgrade (version 4.2) immediately! The additional manual procedures the CPS implemented have resulted in delays in processing. Therefore, we must discontinue these procedures and resume rejecting records generated under the "old" version of the software. Beginning next week (May 4, 1996), the CPS will resume rejecting correction records which do not have the signature flag in the proper position. To ensure that your institution is not adversely affected, please take a moment to confirm that you have loaded and are using the latest version of EDExpress - Version 4.2! If you have any questions concerning the software, please contact CPS Customer Support at 800-330-5947. Thank you for your continued patience and support. |