Maintained for Historical Purposes

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

1997-98 Processing Status: Update #15

PublicationDate: 3/27/97
Summary: 1997-98 Processing Status: Update #15
Author: OPE - Office of the Assistant Secretary for OPE

Posted March 27, 1997

Date : March 26, 1997
TO : Financial Aid Administrators
FROM : Betsy Hicks
Deputy Assistant Secretary for Student Financial Aid Programs
SUBJECT: 1997-98 Processing Status: Update # 15

This is the 15th message in my series of reports on the status of 1997-98
application processing. I am happy to report that we have processed
almost 3.6 million records, which is more than twice the volume that was
processed by the same time last year. We have computed over half a
million records for each of the past three weeks.


1997-98 RECEIPTS AND PROCESSING STATISTICS Through Friday, March 21, 1997

A. RECEIPTS (YEAR TO DATE)

I. Paper (FAFSAs & Renewals) 3,115,130

II. Electronic Applications - Total 117,914
A. EDExpress Apps & Renewals 65,447
B. FAFSA Express 52,467

III. Paper Corrections 460,316

IV. Electronic Corrections 36,737
A. EDExpress 21,008
B. Federal Student Aid
Info Center 15,729*

ALL RECEIPTS -- GRAND TOTAL 3,730,097

B. NUMBER PROCESSED (YEAR TO DATE)**

I. Paper (FAFSAs & Renewals) 2,654,652 (85%)

II. Electronic Applications - Total 117,914 (100%)
A. EDExpress Apps & Renewals 65,447 (100%)
B. FAFSA Express 52,467 (100%)

III. Paper Corrections 389,215 (85%)

IV. Electronic Corrections 36,737 (100%)
A. EDExpress 21,008
B. FSAIC 15,729*
ALL PROCESSING - GRAND TOTAL 3,198,518 (85.7%)

* 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 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.