| PublicationDate: 5/13/97 Summary: Reprocessing of Applicant Records to Convert G & E Codes Author: CPS - Central Processing System (CPS) To: All EDE Destination Points From: CPS Customer Service Re: Reprocessing Of Applicant Records To Convert G And E Codes To Valid Title IV Application Codes Date: May 13, 1997 The Department of Education has asked CPS to reprocess records which contain invalid application codes. These transactions currently contain Direct Loan codes that have associated Title IV application codes. A maximum of 5,637 students were affected. Any records that have already been corrected to update the institution code(s) will not be reprocessed. CPS will be reprocessing the affected records on May 15, 1997. This means the associated ISIRs will be available on the network no later than May 16. Not every destination point will receive a batch resulting from this reprocessing. These reprocessed records can be identified in a number of ways. The ISIRs will list comment code 172 and the batch number will be "#Y000000051497801". Additionally, a reprocessing reason code of 03 will be in positions 1454-1455 of the ISIR record. On April 24, the CPS system was modified to convert an invalid G or E code to a valid Title IV application processing code when it is received as part of an application or correction from either a paper or electronic source. This modification will prevent any further ISIRs or SARs from being generated containing a Direct Loan institution code. If you have any questions, please contact CPS Customer Service at 1-800-330-5947, option 8. |