Maintained for Historical Purposes

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

Processing Status: Update #20

PublicationDate: 4/30/97
Summary: Processing Status: Update #20
Author: OPE - Office of the Assistant Secretary for OPE

TO : Financial Aid Administrators
FROM : Betsy Hicks
Deputy Assistant Secretary for
Student Financial Aid Programs
SUBJECT: 1997-98 Processing Status: Update # 20


I am pleased to report that we have processed over 5.7 million
forms so far and that both MDEs are currently maintaining their
contractual turnaround times for both the 1996-97 and 1997-98
processing cycles. In addition, the number of FAFSA Express
applications processed for 1997-98 continues to exceed the volume
processed for 1996-97.

Please note that we will discontinue these weekly updates with this
report as we are comfortably beyond the period of time each year
during which we receive the greatest number of applications to
process.

I wish to personally thank you for your assistance and cooperation
over these last five months and to assure you that we will continue
to have as our primary objective providing you the very best
service that we can.


1997-98 RECEIPTS AND PROCESSING STATISTICS
Through Friday, April 25, 1997

A. RECEIPTS (YEAR TO DATE)

I. Paper (FAFSAs & Renewals) 4,610,925

II. Electronic Applications - Total 256,146
A. EDExpress Apps & Renewals 178,322
B. FAFSA Express 77,824

III. Paper Corrections 1,074,924

IV. Electronic Corrections 189,632
A. EDExpress 149,925
B. FSAIC* 39,707


ALL RECEIPTS -- GRAND TOTAL 6,131,627

B. NUMBER PROCESSED (YEAR TO DATE)**

I. Paper (FAFSAs & Renewals) 4,278,822 (93%)

II. Electronic Applications - Total 256,146 (100%)
A. EDExpress Apps & Renewals 178,322 (100%)
B. FAFSA Express 77,824 (100%)

III. Paper Corrections 1,022,159 (95%)

IV. Electronic Corrections 189,632 (100%)
A. EDExpress 149,925
B. FSAIC* 39,707

ALL PROCESSING - GRAND TOTAL 5,746,759


* 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.

Respectfully submitted,

Betsy Hicks