Summary: 2008-2009 ISIR Reprocessing for Maximum Pell-Eligible EFC Change on January 28, 2008

Publication Date: January 25, 2008

Author: William Leith, Acting General Manager, Application, Operations and Delivery Services, Federal Student Aid

Summary: 2008-2009 ISIR Reprocessing for Maximum Pell-Eligible EFC Change on January 28, 2008

Posted on 01-25-2008

As noted in the Electronic Announcement posted on December 27, 2007, the Federal Fiscal Year 2008 appropriations bill and the College Cost Reduction and Access Act (CCRAA) established the maximum Federal Pell Grant award for the 2008-2009 Award Year at $4,731 and set the maximum expected family contribution (EFC) that a student can have to be eligible to receive a Pell Grant at 4041. Because of the short time between the enactment of the appropriations bill and system start up for the 2008-2009 Award Year, we were unable to immediately make changes to the 2008-2009 Pell Grant eligibility parameters used by the Central Processing System (CPS) to determine estimated Pell Grant eligibility for applicants. All necessary changes to the Pell Grant eligibility parameters to correctly set the Pell Eligibility Flag and trigger comments on the Student Aid Report (SAR) were made to the CPS on January 13, 2008.

On January 28, 2008, Federal Student Aid will reprocess 2008-2009 Institutional Student Information Records (ISIRs) for applicants impacted by the change in the maximum Pell-eligible EFC from 4110 to 4041. ISIRs with an EFC greater than 4041 and less than 4111 that were originally processed between January 1, 2008 and January 13, 2008 will be included in the reprocessing. We expect that this reprocessing will impact less than 450 students. For each reprocessed record we will send a new SAR to the student and a new ISIR to all schools listed on the reprocessed transaction.

There are several methods for identifying the records resulting from this reprocessing:

• Paper SARs and ISIRs will include SAR comment code 172, which states “This SAR was produced because we have processed a change to your information based on information reported to us by another agency or as a result of a processing system change. Please review your SAR to see what effect, if any, this change has had on your application.”
  
• ISIRs produced as a result of the January 28 reprocessing will include a value of “01” for the Reprocessed Reason Code (ISIR field #174). The Reprocessed Reason Code value of “01” will also be displayed on page 2 of the paper SAR, in the FAA Info section.
  
• The online Student Aid Report available to students on FAFSA on the Web and the Student Inquiry pages of the will display a Reprocessing Reason Description stating “Reprocessed because of the Pell Maximum EFC FAA Access to CPS Online Web site will display a Reprocessing Reason Description stating “Reprocessed because of the Pell Maximum EFC decrease from 4110 to 4041.”

If you have any questions, contact CPS/SAIG Technical Support at 800/330-5947 (TDD/TTY 800/511-5806) or by e-mail at CPSSAIG@ed.gov.