Maintained for Historical Purposes

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

2001-2002 Weekly Announcement #1  March 23, 2001

Publication Date: March 2001

Author: General Manager: SFA Student Channel

Summary: 2001-2002 Weekly Announcement #1 – March 23, 2001

Posted on March 26, 2001

TO: Financial Aid Administrators

FROM: Jennifer Douglas

Acting General Manager

Students Channel, SFA

SUBJECT: 2001-2002 Weekly Announcement #1 – March 23, 2001

This is the first in a series of weekly announcements showing the status of 2001-2002

FAFSA processing.

SFA started processing 2001-2002 FAFSAs a week earlier than prior years. We are now in our 11th week of processing. We are proud to announce that the volume of forms has increased overall by 5% and we are well within our processing turnaround times. In the following table you will find a comparison of FAFSA processing for the 2001-02 and 2000-01 processing cycles, which have been adjusted in order to allow for the difference in start up times.

In addition to the 896,678 applications that have been submitted electronically, there are almost 200,000 FAFSA on the Web, Renewal FAFSA on the Web, and FAFSA Express applications on the hold file, waiting for signatures to be submitted by students

Comparison of Application Processing

Data for 2000-01 as of March 19, 2000 - Week 10

Data for 2001-02 as of March 18, 2001 - Week 11*

Application Source

2000-2001

2001-2002

Percent

Week 10

Week 11

Change

Electronic

556,461

896,678

61%

Percentage

21%

32%

Elec Original

56,578

57,146

1%

Elec Renewal

13,649

9,779

-28%

FAFSA Express

26,065

19,257

-26%

FAFSA Web

269,797

365,079

35%

Renewal Web

190,372

445,417

134%

Paper

2,136,594

1,939,473

-9%

Percentage

79%

68%

Original

965,300

895,127

-7%

Renewal

1,171,294

1,044,346

-11%

TOTAL

2,693,055

2,836,151

5%

* March 18, 2001 is the 11th week of processing for 2001-02 because the system started up on

January 2, 2001, over one week earlier than the prior year.

Last Modified: 03/25/2001