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Update to schedule for Reprocessing of applicant records to convert G-codes to valid Title IV application codes

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.

Last Modified: 08/16/1999