| PublicationDate: 7/2/96 Summary: Update to schedule for Reprocessing of applicant records to convert G-codes to valid Title IV application codes Author: CPS - Central Processing System (CPS) To: Destination Points From: Central Processing System Date: 7/2/96 Re: Update to schedule for Reprocessing of applicant records to convert G-codes to valid Title IV application codes A change has been made to the schedule for reprocessing applicant records which contain G-codes (Direct Loan codes) rather than a valid application processing code (Title IV code). These records will now be reprocessed on Friday, July 12, 1996. To perform the reprocessing and to correct the database so no further corrections are applied to records with invalid codes, CPS will not process electronic corrections on Tuesday, July 9, 1996. The Department of Education asked CPS to convert the G-codes to the associated Title IV codes and reprocess the records, so that the affected schools will receive ISIRs. CPS has identified an estimated 4,000 records to be reprocessed. For each applicant, the most recent transaction containing the G-code will be reprocessed (ie a new transaction number created) and the records will be put on the network either late evening on 7/12 or early morning on 7/13. Only those destination points that had G-code problem records will receive a batch resulting from this reprocessing. To identify the ISIRs reprocessed as a result of converting the G-codes to the appropriate Title IV codes, check the following ISIR fields: Field #202, System Generated Indicator, position 896, is equal to Z Field #205, Batch Number, position 906-922, is equal to #Y000000062996705. Contact CPS Customer Service at 1(800)330-5947, option 8 or via the Internet at CPS@NCS.COM if you have any questions. |