| PublicationDate: 3/27/97 Summary: NSLDS SSCR Status Update Author: OPE - Office of the Assistant Secretary for OPE TO: Schools Participating in Title IV Aid Programs FROM: U.S. Department of Education SUBJECT: NSLDS SSCR Status Update NSLDS is processing the returned March SSCRs on a daily basis. Error reports are generated on a daily basis and schools should return them within 10 days of receipt. The quality of the data being returned by schools is excellent; most schools are accurately completing 100% of the rosters. Schools are reminded that they may use the NSLDS online screens to complete either the roster or the error report. This is particularly effective if the number of records is relatively small. March rosters should all be returned by March 31. If your school cannot meet the deadline, you should continue to work on the roster and return it as soon as it is completed. ED will not extend the deadline. NSLDS Customer Service has received calls inquiring about penalties for not returning the SSCRs or for returning them late. Possible penalties are being reviewed by ED and will be outlined in an upcoming Dear Colleague Letter. Letters for schools that successfully completed the NSLDS SSCR practice roster are in the mail (addressed to the attention of the financial aid director). Schools that receive this letter are exempt from processing guaranty agency SSCRs. Schools that did not return a practice roster but submit their March roster with 90% accuracy will receive a letter in late April exempting them from guaranty agency SSCRs. April rosters will be generated shortly and should be returned by the end of April. |