Part: 2 - - The application process for financial aid
SectionTitle: Electronic Data Exchange (EDE) Services
Electronic Data Exchange (EDE) Services
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 AND RECEIVING APPLICATION DATA
As stated previously, the EDE system provides an electronic
alternative to filing a paper FAFSA. The student's EFC will be
available to the school on the EDE system within three working days
from the date of submission.
Even if a student does file a paper FAFSA, a school that participates
in EDE can receive the student's application data if that student listed
the school on the FAFSA. Also, with the student's permission to use
his or her Personal Identification Number (PIN), the school may
request an electronic ISIR for a student who did not list the school on
State agencies are also able to receive student data for students
residing in their state and for students who list on their applications
schools in their state.
Schools also have the option of receiving data on magnetic tape
or cartridge, through Applicant Data Services. For more
information, contact the Customer Service Department for
Applicant Data Services at (319) 339-6444 between the hours of
7:00 a.m. - 7:00 p.m. (Central Time).
Once the school has the student's application data, the student can
make corrections electronically through EDE, instead of using Part 2
of the hard-copy SAR.
REPORTING FEDERAL PELL GRANT PAYMENTS
EDE also allows a school to submit Federal Pell Grant payment
information electronically. (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 between the
hours of 8:30 a.m. - 5:00 p.m. (Eastern Standard Time, or EST).
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 between 8:30 a.m. -
5:00 p.m. (EST). For questions on RDE participation, please call
(202) 708-7725 between 7:00 a.m. - 3:30 p.m. (EST). For more
information on the Floppy Disk Data Exchange, call the Pell Grant
User Support Hotline on (202) 708-9141.