Summary: Reprocessing for NSLDS Changes
Author: CPS - Central Processing System (CPS)
Posted April 7, 1998
To: EDE Destination Points
From: Central Processing System
Date: April 7, 1998
RE: Reprocessing for NSLDS Changes
The Central Processing System has identified a processing error for a small number of
applicants whose 1998-99 records have been updated or corrected after the original
submission of the FAFSA. Each time a new CPS transaction is created for an applicant,
current NSLDS data is included on the resultant SARs and ISIRs. This data match with
the NSLDS creates a "Match Flag" that notifies the school of the result of the match. If
the NSLDS data includes a defaulted loan, the NSLDS Match Flag is set to 2, if there is
an overpayment of Title IV aid, the flag is set to 3, and if the applicant has both a default
and an overpayment, the flag is set to 4. These match flags establish appropriate
comments and comment codes and sets the SAR "C" flag to inform the applicant and the
institutions of the issue.
We have discovered that approximately 1,100 1998-99 applicants, out of more than
500,000 who have had subsequent transactions created did not have the proper NSLDS
Match Flag set. Therefore, we have elected to reprocess these applicants, create new
CPS transactions and generate new SARs and ISIRs that will contain the correct NSLDS
Match Flag and, if appropriate, a SAR "C" flag and default or overpayment comments.
These records will be reprocessed on 04/08/98 and can be identified by the System
Generated indicator of "Z" (ISIR field #206), the transaction processed date of 04/08/98
(ISIR field #207), the batch ID of Y900000019980408000001 (ISIR field #209), and the
reprocessed reason code of 02 (ISIR field #273). In addition to comments related to the
default or overpayment, standard comment 172 (which identifies a CPS reprocessed
record) will be created for these transactions.
We regret any inconvenience this may cause you and your students. If you have any
questions, please contact CPS Customer Service at 1-800-330-5947, option 8, or via e-mail
at CPS@NCS.COM. You will not be charged for calls relating to this reprocessing issue.