| PublicationDate: 2/5/97 Summary: 1997-98 Processing Status: Update #8 Author: OPE - Office of the Assistant Secretary for OPE Date : February 5, 1997 TO : Financial Aid Administrators FROM : Betsy Hicks Deputy Assistant Secretary for Student Financial Aid Programs SUBJECT: 1997-98 Processing Status: Update #8 This is the eighth 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. Please see the data below for more information. 1997-98 FAFSA RECEIPTS AND PROCESSING STATISTICS Through Friday, January 31, 1997 A. Receipts by the MDEs (Year to Date) I. Paper FAFSAs and 394,079 Paper Renewal applications II. Corrections 11,063 * B. Number Processed by the CPS I. Paper FAFSAs & Paper 202,735** Renewal applications II. FAFSA Express Apps 8,689 III. Electronic Apps 385 IV. Corrections 1,046 Notes: * FAFSA Express signature pages received by the MDEs are included in history correction receipts. ** The number of paper applications and paper renewal applications 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 applications by the date of this report. |