| AwardYear: 1996-1997 Edition: PostSecondary Part: 2 - - The application process for financial aid SectionNumber: SectionTitle: Electronic Data Exchange (EDE) Services (summary) PageNumbers: 27-28 Each part of the delivery process has an electronic equivalent, from filing a financial aid application to reporting a Federal Pell Grant payment. The services offered under EDE can significantly speed up the application, corrections, and reporting processes. EDE services are provided as a part of the Department's contract for the Title IV Wide Area Network (WAN). For more information on the WAN contact: Title IV WAN Customer Service at 1-800-615-1189. FILING AN ELECTRONIC APPLICATION Instead of mailing an application to the Federal Student Aid Programs, the student or financial aid administrator uses a personal computer or mainframe terminal at the school to send application information electronically to the Central Processor. The student's EFC will be available to the school on the EDE system within three working days from the date of submission. Students who applied in the previous award year may update their application for the current award year, on an electronic Renewal Application. FAFSA Express is also an electronic application process and is likely to replace initial EDE applications, since schools will not have to keep using paper. The number to contact for more information on FAFSA Express is 1-800-801-0576. RECEIVING APPLICATION INFORMATION A school that participates in EDE can receive application data for all students who have listed that school on their applications. In addition, with the student's permission, and his or her Personal Identification Number (PIN) which is printed on the SAR, a school may add or change its institution number and receive electronic ISIRs for students who did not originally list that institution on the FAFSA. Schools also have the option of receiving data on magnetic tape or cartridge, through the Applicant Data Roster and Tape Service. For more information, contact the Customer Service Department for Applicant Data Services at (319) 339-6444. State agencies are able to receive student data for students residing in their state and for students who list on their applications schools in their state. CORRECTING STUDENT APPLICATION INFORMATION The student may correct his or her information electronically through EDE at the institution, instead of using Part 2 of the hard-copy SAR. REPORTING FEDERAL PELL GRANT PAYMENTS A school may submit payment information for students who receive Federal Pell Grants electronically through EDE. (Part 3 of the SAR, the Payment Voucher, has been eliminated.) The Electronic Payment Information section allows schools to transmit and receive Federal Pell Grant payment data electronically using record and data descriptions similar to those used for Recipient Data Exchange (RDE). For more information, contact the Pell Grant User Support Hotline on (202) 708-9141. Schools also have the option of submitting payment data via magnetic tape or cartridge (RDE) or PC diskette (the Floppy Disk Data Exchange). For RDE mainframe technical support and questions on rejected tapes, call (202) 708-6832. For questions on RDE participation, please call (202) 708-7725. For more information on the Floppy Disk Data Exchange, call the Pell Grant User Support Hotline on (202) 708-9141. |