Maintained for Historical Purposes

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

1997-98 Processing Status: Update #17

PublicationDate: 4/14/97
Summary: 1997-98 Processing Status: Update #17
Author: OPE - Office of the Assistant Secretary for OPE

Date : April 10, 1997
TO : Financial Aid Administrators
FROM : Betsy Hicks
Deputy Assistant Secretary for Student Financial Aid Programs
SUBJECT: 1997-98 Processing Status: Update # 17

This is the 17th message in my series of reports on the status of 1997-98 application
processing. I am happy to report that we have processed over 4.3 million forms
(applications and corrections) and 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, April 4, 1997

A. RECEIPTS (YEAR TO DATE)

I. Paper (FAFSAs & Renewals) 3,816,711

II. Electronic Applications - Total 162,839
A. EDExpress Apps & Renewals 102,443
B. FAFSA Express 60,396

III. Paper Corrections 673,706

IV. Electronic Corrections 70,305
A. EDExpress 46,563
B. FSAIC* 23,742


ALL RECEIPTS -- GRAND TOTAL 4,723,561

B. NUMBER PROCESSED (YEAR TO DATE)**

I. Paper (FAFSAs & Renewals) 3,456,884 (90.5%)

II. Electronic Applications - Total 162,839 (100%)
A. EDExpress Apps & Renewals 102,443 (100%)
B. FAFSA Express 60,396 (100%)

III. Paper Corrections 648,723 (96%)

IV. Electronic Corrections 70,305 (100%)
A. EDExpress 46,563
B. FSAIC* 23,742

ALL PROCESSING - GRAND TOTAL 4,338,751


* 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.