| PublicationDate: 2/12/97 Summary: 97/98 Processing Status: Update #9 Author: OPE - Office of the Assistant Secretary for OPE Date : February 12, 1997 TO : Financial Aid Administrators FROM : Betsy Hicks Deputy Assistant Secretary for Student Financial Aid Programs SUBJECT: 1997-98 Processing Status: Update #9 This is the ninth message in my series of reports on the status of 1997-98 application processing. I am happy to report that both MDEs continue to maintain their contractual turnaround times for both the 1996-97 and 1997-98 processing cycles. 1997-98 RECEIPTS AND PROCESSING STATISTICS Through Friday, February 7, 1997 A. RECEIPTS (YEAR TO DATE) I. Paper (FAFSAs & Renewals) 675,265 II. Electronic A. EDExpress Apps & Renewals 1,574 B. FAFSA Express 12,847 III. Paper Corrections 30,001 IV. Electronic Corrections 126 B. NUMBER PROCESSED (YEAR TO DATE) I. Paper (FAFSAs & Renewals) 381,160* (56% of receipts have been processed through the CPS) II. Electronic A. EDExpress Apps & Renewals 1,574 (100%) B. FAFSA Express 12,847 (100%) III. Paper Corrections 4,388 (15%) IV. Electronic Corrections 126 (100%) * The number of paper applications and 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. |