Publication Date: May 23, 2007
Author: William Leith, Acting General Manager, Application, Operations and Delivery Services, Federal Student Aid
Summary: Availability of May 2007 Update to 2007-2008 ISIR Guide
Posted on 05-23-2007
Federal Student Aid is pleased to announce the availability of the May 2007 update to the 2007-2008 ISIR Guide. The ISIR Guide assists financial aid administrators in interpreting the information contained in electronic Institutional Student Information Records (ISIRs) returned to schools by the Central Processing System (CPS). The term “ISIR” refers to all processed student information records that the CPS sends to institutions electronically.
The May 2007 update to the 2007-2008 ISIR Guide includes revisions to the sample ISIR in Appendix G to reflect changes to the maximum 2007-2008 Federal Pell Grant (Pell Grant) award. In an Electronic Announcement posted on February 27, 2007 , we announced that the Revised Continuing Appropriations Resolution, 2007, (P.L. 110-5), establishes the maximum Pell Grant award for the 2007-2008 Award Year at $4,310 and, with the minimum award continuing to be $400, sets the maximum Expected Family Contribution (EFC) that a student may have to be eligible to receive a Pell Grant at 4110.
This update also incorporates revisions to Appendix B (2007-2008 Database Matches and Match Flags), including changing “G845” and “G845S” references to “G-845” and correcting mislabeled table headings.
The updated 2007-2008 ISIR Guide, including a tracking log of changes, are available in PDF format on the Information for Financial Aid Professionals (IFAP) Web site, located at http://ifap.ed.gov. For readers who are viewing this message electronically on IFAP, the guide and tracking log are provided as an attachment to this message. Otherwise, to view, print, or download the documents from IFAP, go to http://ifap.ed.gov and click on “Application Processing Materials” on the right side of the home page.
The updated guide and tracking log will also be available in the next several days for review, print or download from the Federal Student Aid Download (FSAdownload) Web site, located at http://fsadownload.ed.gov, under “Technical References and Guides.”
If you have any questions regarding updates to the user documentation describe in this message, contact CPS/SAIG Technical Support at 800/330-5947 (TDD/TTY 800/511-5806) or by e-mail at CPSSAIG@ed.gov.