Publication Date: May 2003
Author: General Manager: FSA Students Channel
Summary: 2002-2003 Cycle CPS Submission Deadlines
Posted on 05-20-2003
TO: �Financial Aid Administrators
FROM: U.S. Department of Education
RE: Â Â 2002-2003 Cycle CPS Submission Deadlines
DATE:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
The U. S. Department of Education wants to remind all Title IV financial aid administrators of the approaching deadlines for the 2002-2003 application processing system, as reported in the Federal Register, published on August 15, 2002.
The deadline for all electronic transmissions is 11:59 p.m. Central Time on the deadline date.Â Transmissions must be completed and accepted by midnight to meet the deadline.Â Transmissions that are started before midnight but are not completed until after midnight will not meet the deadline.
There will be no exceptions made to these deadlines by the Department.Â Errors in electronic submissions may cause rejection by the Central Processing System (CPS).Â Therefore, the Department advises financial aid administrators to submit electronic applications and corrections far enough in advance of the deadlines to allow for error notifications from the CPS and to make any necessary adjustments to the submissions.
The 2002-2003 FAFSA submission deadline dates are as follows:
- FAFSAs created by schools using EDExpress or third-party software and transmitted via the Student Aid Internet Gateway (SAIG), as well as those applications submitted via FAA Access, must be received by the CPS before midnight on June 30, 2003.Â Electronic transmissions or submissions that are started before midnight Central Time on June 30 but are not completed until after midnight Central Time on June 30 will not meet the deadline.
- Applications submitted by students via FAFSA on the Web must also be completed before midnight Central Time on June 30, 2003.Â Applications that are started before midnight but are not completed until after midnight will not meet the deadline.
- Paper FAFSAs must be received at the FAFSA Processor no later than June 30, 2003.
The 2002-2003 FAFSA correction deadline dates are as follows:
- The deadline for schools to transmit electronic corrections and duplicate requests via the SAIG or to submit corrections via FAA Access is 11:59 p.m. Central Time on August 27, 2003.Â Transmissions or submissions that are started before midnight Central Time on August 27 but are not completed until after midnight Central Time on August 27 will not meet the deadline.
- Corrections on the Web by students must be finished no later than midnight Central Time on August 15, 2003.Â Corrections that are started before midnight but are not completed until after midnight will not meet the deadline.
- All corrections, changes of address, changes of institution, and duplicate requests submitted by students on Part 2 of the paper Student Aid Report must be received by the FAFSA Processor no later than August 15, 2003.Â However, changes of address, changes of institution, and duplicate requests made by calling the Federal Student Aid Information Center (800/433-3243) will be accepted until August 27, 2003.
- Signature pages provided by the student to the FAFSA Processor will be accepted until August 21, 2003. Â
Application or correction data that are received after these deadlines will be rejected.Â There will be no exceptions made to these deadlines by the Department, including cases in which schools have awarded Pell Grants to students who do not have Pell-eligible ISIRs.Â Typically, these students are ineligible because they indicated on their FAFSAs that they already have a bachelor's degree or are enrolled in a graduate/professional program.Â Only ISIRs with the Pell Eligibility Flag set to Y are eligible for a Federal Pell Grant (ISIR field 267) Prior to the corrections deadline, you can resolve these situations by correcting a student's ISIR to make the student Pell-eligible, then submitting a disbursement request to COD.Â After the deadlines identified above, you will be unable to correct the ISIR.Â COD will not accept a Pell disbursement record for a student that does not have a Pell-eligible ISIR.
If your school has awarded a Pell Grant to a student without an accepted COD disbursement record, GAPS will not reimburse you for the money awarded.Â Please note, however, this only affects those cash disbursements for which there is no matching COD-accepted disbursement record on file.
Thank you for your cooperation and assistance.