| PublicationDate: 5/6/96 Summary: 1996-97 FAFSA Processing - Announcement #49 Author: ODAS - Office of the Deputy Assistant Secretary - SFA Announcement # 49, May 6, 1996 This is announcement number 49 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 May 6, 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 30 551,589 530,002 (93%) 14 days from receipt SUBTOTAL: 4,672,964 4,651,377 (99%) May 1 -May 15 133,518 48,989 14 days from receipt TOTAL: 4,806,482 4,700,366 (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. Because the maximum Federal Pell Grant award increased to $2,470, the Department has reprocessed 10,905 applicant records of students that had previously been ineligible for a Federal Pell Grant, but became eligible when the maximum award increased. The Institutional Student Information Records from this reprocessing cycle should have a systems generation flag and be available in your mail boxes today. C. The Department has noted that some institutions have reported long delays in receiving their electronic corrections from the Central Processing System (CPS). It has come to the Department's attention that some institutions using custom EDE software are failing to include a batch number in the batch header. If a batch number is not included in the header, the CPS does not recognize the batch and will not process the corrections. To determine whether your system is in compliance with the transmission specification, your systems personnel should review the Department's EDE Technical Reference. If your institution is using custom designed EDE software and is experiencing delays in receiving electronic corrections, you should resubmit your correction batches with a batch number in the header. Thank you for your continuing patience and assistance in support of the Federal student aid programs. |