PublicationDate: 2/26/97 Summary: 1997-98 Processing Status Update #11 Author: OPE - Office of the Assistant Secretary for OPE Date : February 26, 1997 TO : Financial Aid Administrators FROM : Betsy Hicks Deputy Assistant Secretary for Student Financial Aid Programs SUBJECT: 1997-98 Processing Status: Update # 11 This is the eleventh message in my series of reports on the status of 1997-98 application processing. I am happy to report that both MDEs are currently maintaining their contractual turnaround times for both the 1996-97 and 1997-98 processing cycles. 1997-98 RECEIPTS AND PROCESSING STATISTICS Through Friday, February 21, 1997 A. RECEIPTS (YEAR TO DATE) I. Paper (FAFSAs & Renewals) 1,480,066 II. Electronic Applications - Total 34,269 A. EDExpress Apps & Renewals 10,467 B. FAFSA Express 23,802 III. Paper Corrections 109,825 IV. Electronic Corrections 5,036 ALL RECEIPTS -- GRAND TOTAL 1,663,465 B. NUMBER PROCESSED (YEAR TO DATE)* I. Paper (FAFSAs & Renewals) 914,890 (62%) II. Electronic Applications - Total 34,269 (100%) A. EDExpress Apps & Renewals 10,467 (100%) B. FAFSA Express 23,802 (100%) III. Paper Corrections 153,218 ** IV. Electronic Corrections 5,036 (100%) ALL PROCESSING - GRAND TOTAL 1,107,413 * 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. ** The number of processed paper corrections exceeds the volume of paper corrections received due the CPS' Reprocessing # 1 to fix school codes on some affected Renewal applications. |