Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

1997-98 Processing Satus: Update # 16

PublicationDate: 4/2/97
Summary: 1997-98 Processing Satus: Update # 16
Author: OPE - Office of the Assistant Secretary for OPE

Date : April 2, 1997
TO : Financial Aid Administrators
FROM : Betsy Hicks
Deputy Assistant Secretary for Student Financial Aid Programs
SUBJECT: 1997-98 Processing Status: Update # 16

This is the 16th message in my series of reports on the status of 1997-98 application
processing. I am happy to report that we have processed more than 3.8 million
applications for the 1997/98 processing cycle. Both MDEs are within contractual
turnaround times for both the 1996-97 and 1997-98 processing cycles.


1997-98 RECEIPTS AND PROCESSING STATISTICS Through Friday, March 28,
1997

A. RECEIPTS (YEAR TO DATE)

I. Paper (FAFSAs & Renewals) 3,538,603

II. Electronic Applications - Total 140,086
A. EDExpress Apps & Renewals 83,864
B. FAFSA Express 56,222

III. Paper Corrections 561,290

IV. Electronic Corrections 56,510
A. EDExpress 36,127
B. FSAIC* 20,383

ALL RECEIPTS--GRAND TOTAL 4,296,489

B. NUMBER PROCESSED (YEAR TO DATE)**

I. Paper (FAFSAs & Renewals) 3,101,414 (88%)

II. Electronic Applications - Total 140,086 (100%)
A. EDExpress Apps & Renewals 83,864 (100%)
B. FAFSA Express 56,222 (100%)

III. Paper Corrections 517,551 (92%)

IV. Electronic Corrections 56,510 (100%)
A. EDExpress 36,127
B. FSAIC* 20,383

ALL PROCESSING--GRAND TOTAL 3,815,561


* This number reflects the volume of change of address and change of institutions
called in by students and processed by the Federal Student Aid Information Center
(FSAIC) staff.

** The number of applications and corrections processed and reported here are only
those transmitted to and accepted by the CPS as of noon on that Friday. You should
have received ISIRs for these records by the date of this report.