| PublicationDate: 4/15/98 Summary: 1998-99 Processing Status Update # 14 Author: ODAS - Office of the Deputy Assistant Secretary - SFA Posted April 15, 1998 TO: Financial Aid Administrators FROM: Diane Rogers Acting Deputy Assistant Secretary Student Financial Assistance Programs SUBJECT: 1998-99 Processing Status Update # 14 I am pleased to present you with my fourteenth message on the processing of the 1998-99 Free Application for Federal Student Aid (FAFSA). During the week of April 6-10, we processed 447,777 applications through the Central Processing System (CPS) for the 1998-99 cycle, bringing our year-to-date total to 3,918,031 applications. As of Monday, April 13, the Department's Multiple Data Entry (MDE) contractors have completed processing all FAFSAs which were received more than seven business days ago. Our contractors have now completed processing the peak workload of FAFSAs without undue delays or difficulties in calculating students' eligibility for financial aid. As always, we encourage students to file their FAFSAs electronically, including via FAFSA on the Web. We are pleased that electronic FAFSAs have increased by half again since this point last year. Electronic applications are faster and easier for students to file and for the Department to process. The following statistics are through Friday, April 10: FAFSA and Renewal Applications RECEIPTS PROCESSED YEAR TO DATE--GRAND TOTAL 4,184,769 3,918,031 I. Paper 3,902,089 3,635,351 II. Electronic 282,680 282,680 |